TrustCo Bank Corp NY (TRST) Financial Statements & Analysis

TrustCo Bank Corp NY (TRST) Income Statement

TrustCo Bank Corp NY reported revenue of $278.33M in fiscal 2025 (fiscal year ended Dec 31, 2025), up 62.0% from $171.77M a year earlier. Net income was $61.14M, up 25.2% year over year, a net margin of 22.0%. Gross margin was 67.1% and operating margin 29.2%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $51.50M, down 25.7% from the same quarter a year earlier.

TrustCo Bank Corp NY Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

Scale:

Scroll to see more

TrustCo Bank Corp NY income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Revenue & Gross Profit
Revenue	278.33	171.77	190.16	205.86	185.92	195.46	210.72	199.00	187.33
Cost of Revenue	91.64	93.38	55.61	6.13	2.12	30.31	36.48	21.63	16.59
Gross Profit	186.72	169.77	188.91	199.74	183.80	165.15	174.40	177.37	170.74
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	65.29	54.07	57.42	51.11	53.71	49.79	50.94	47.87	47.42
Operating Expenses	105.50	105.73	111.30	100.32	101.66	95.70	97.73	97.71	93.99
Operating Income	81.21	64.05	77.61	99.42	82.13	69.45	76.51	79.65	76.75
Other Income/Expense
Interest Income	259.42	243.32	226.21	186.60	167.98	178.29	192.13	180.91	168.96
Interest Expense	90.44	91.38	54.36	6.47	7.57	24.71	36.32	20.23	14.59
Other Income/Expense	-0.40	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Income
Income Before Tax	80.81	64.05	77.61	99.42	82.13	69.45	76.51	79.65	76.75
Income Tax Expense	19.68	15.21	18.97	24.18	20.61	16.99	18.67	18.21	33.60
Net Income	61.14	48.83	58.65	75.23	61.52	52.45	57.84	61.45	43.15
Net Income - Continuous Operations	61.14	48.83	58.65	75.23	61.52	52.45	57.84	61.45	43.15
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-
EBITDA	89.75	75.48	10.79	109.97	92.72	79.58	86.50	83.76	80.56
EBIT	-	-	-	-	-	-	-	-	-
Depreciation & Amortization	8.54	11.44	10.79	10.55	10.58	10.14	9.99	4.11	3.82
Earnings Per Share
Basic EPS	3.00	3.00	3.00	4.00	3.00	3.00	3.00	3.00	2.00
Diluted EPS	3.00	3.00	3.00	4.00	3.00	3.00	3.00	3.00	2.00
Basic Shares Outstanding	18.28	19.02	19.02	19.13	19.26	19.30	19.37	19.30	19.22
Diluted Shares Outstanding	18.33	19.04	19.03	19.13	19.26	19.30	19.39	19.33	19.24

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About TrustCo Bank Corp NY Financial Statements

What was TrustCo Bank Corp NY's revenue in fiscal 2025?

TrustCo Bank Corp NY reported revenue of $278.33M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 62.0% from $171.77M a year earlier.

Is TrustCo Bank Corp NY profitable?

Yes. TrustCo Bank Corp NY earned net income of $61.14M in fiscal 2025, a net margin of 22.0%. In fiscal 2024 it earned $48.83M.

What is TrustCo Bank Corp NY's operating margin?

TrustCo Bank Corp NY's operating income was $81.21M on revenue of $278.33M in fiscal 2025, an operating margin of 29.2%, compared with 37.3% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition