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TrustCo Bank Corp NY is currently in a long term downtrend where the price is trading 0.4% below its 200 day moving average.
From a valuation standpoint, the stock is 53.7% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 4.2.
TrustCo Bank Corp NY's total revenue sank by 77.9% to $9M since the same quarter in the previous year.
Its net income has increased by 277.2% to $52M since the same quarter in the previous year.
Finally, its free cash flow grew by 12.3% to $13M since the same quarter in the previous year.
Based on the above factors, TrustCo Bank Corp NY gets an overall score of 3/5.
Sector | Financial Services |
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Industry | Banks - Regional |
Exchange | NASDAQ |
CurrencyCode | USD |
ISIN | US8983492047 |
Market Cap | 596M |
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PE Ratio | 11.69 |
Target Price | 26 |
Dividend Yield | 4.6% |
Beta | 0.65 |
TrustCo Bank Corp NY operates as the holding company for Trustco Bank that provides personal and business banking services to individuals and businesses. It accepts deposits; and offers loans and investments. The company 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, it operates 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. The company operates through banking offices in Albany, Columbia, Dutchess, Greene, Montgomery, Orange, Putnam, Rensselaer, Rockland, Saratoga, Schenectady, Schoharie, Ulster, Warren, Washington, and Westchester counties of New York; Brevard, Charlotte, Flagler, Hillsborough, Indian River, Lake, Manatee, Martin, Orange, Osceola, Palm Beach, Polk, Sarasota, Seminole, and Volusia counties in Florida; Bennington County in Vermont; Berkshire County in Massachusetts; and Bergen County in New Jersey, as well as automatic teller machines. The company was founded in 1902 and is headquartered in Glenville, New York.
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