About
About TrustCo Bank Corp NY
TrustCo Bank Corp NY operates as the holding company for Trustco Bank, a federal savings bank that provides personal and business banking services to individuals, partnerships, and corporations. The company accepts deposits; and offers loans and investments. It also operates as a real estate investment trust that acquires, holds, and manages real estate mortgage assets, including residential mortgage loans and mortgage backed securities. In addition, the company serves as the executor of estates and trustee of personal trusts; provides asset and wealth management, estate planning and related advice, and custodial services; and acts as trustee for various types of employee benefit plans, and corporate pension and profit sharing trusts. As of December 31, 2020, it operated 148 banking offices and 164 automatic teller machines in New York, New Jersey, Vermont, Massachusetts, and Florida. The company was founded in 1902 and is headquartered in Glenville, New York.
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5 years, 5 months ago
TrustCo Bank Corp NY is currently in a long term uptrend where the price is trading 196.1% above its 200 day moving average.
From a valuation standpoint, the stock is 90.8% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 4.1.
TrustCo Bank Corp NY's total revenue rose by 2.1% to $43M since the same quarter in the previous year.
Its net income has dropped by 0.7% to $14M since the same quarter in the previous year.
Finally, its free cash flow grew by 5.2% to $13M since the same quarter in the previous year.
Based on the above factors, TrustCo Bank Corp NY gets an overall score of 4/5.