Overview
In Banking They Trust. TrustCo Bank Corp is the holding company for Trustco Bank, which boasts more than 140 branches across eastern New York, central and western Florida, and parts of Vermont, Massachusetts, and New Jersey. The bank offers personal and business customers a variety of deposit products, loans and mortgages, and trust and investment services. It primarily originates residential and commercial mortgages, which account for more than
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Read More three-quarters of its loan portfolio. It also writes business, construction, and installment loans and home equity lines of credit.
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Read More three-quarters of its loan portfolio. It also writes business, construction, and installment loans and home equity lines of credit.
Read Less
Robert J McCormick
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Depository Credit Intermediation
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Credit Intermediation and Related Activities
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Finance and Insurance
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State trust companies accepting deposits, commercial
Activities Related to Credit Intermediation
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Agencies, Brokerages, and Other Insurance Related Activities
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Insurance Carriers
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Insurance and Employee Benefit Funds
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Monetary Authorities-Central Bank
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Nondepository Credit Intermediation
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Other Financial Investment Activities
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Other Investment Pools and Funds
View more , Securities and Commodity Contracts Intermediation and Brokerage Securities and Commodity Exchanges
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View more , Securities and Commodity Contracts Intermediation and Brokerage Securities and Commodity Exchanges
View fewer
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Modelled
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Actual
$263.15 million
Actual
-9.67%
-16.73%
$6,238
DEC
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NASDAQ:TRST
Contacts
Get in Touch with 7 Principals* and 107 Contacts
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Robert J McCormickChairman of the Board and President and Chief Executive Officer
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Contact 2?
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Contact 3?
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Contact 4?
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Financial Statements
Dun & Bradstreet collects private company financials for more than 23 million companies worldwide. Find out more.
Financial data as of December 31, 2024 (12 month period) in USD
Annual Revenue 2024
$263.15 million
USD
Actual
All financial statement data is in millions except per share data | Source: Morningstar
| Cash Flow (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Net Operating Cash | $59 | $64 | $79 |
| Net Investing Cash | -$4 | -$234 | -$417 |
| Net Financing Cash | $8 | $97 | -$231 |
| Net Change in Cash | $64 | -$73 | -$569 |
| Cash at Beginning of Period | $578 | $651 | $1,219 |
| Cash at End of Period | $642 | $578 | $651 |
| Capital Expenditure | -$5 | -$6 | -$4 |
| Assets (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Current Assets | |||
| Cash and Cash Equivalents | $47 | $49 | $43 |
| Accounts Receivable | $ | $ | $ |
| Inventories | $ | $ | $ |
| Other Current Assets | $ | $ | $ |
| Asset Summary | |||
| Total Current Assets | $ | $ | $ |
| Tangible Fixed Assets | $70 | $75 | $77 |
| Intangible Assets | $ | $ | $ |
| Total Assets | $6,239 | $6,168 | $6,000 |
| Liabilities (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Current Liabilities | |||
| Accounts Payable | $ | $ | $ |
| Short-Term Debt | $ | $ | $ |
| Other Current Liabilities | $ | $ | $ |
| Liability Summary | |||
| Total Current Liabilities | $ | $ | $ |
| Long-Term Debt | $ | $ | $ |
| Other Long-Term Liabilities | $ | $ | $ |
| Total Liabilities | $5,562 | $5,523 | $5,400 |
| Stakeholder's Equity (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Equity | |||
| Common Stock | $20 | $20 | $20 |
| Retained Earnings | $447 | $425 | $394 |
| Equity Summary | |||
| Total Equity | $676 | $645 | $600 |
| Shares Outstanding | 19,019,749 | 19,024,433 | 19,024,433 |