TRUSTCO BK CORP. DL 1

Robert M. Leonard, executive vice president and chief operating officer of TrustCo Bank NY, has announced his resignation effective December 31, 2026; the notice was filed with the SEC. The company gave no details on succession or transition arrangements. TrustCo reported Q4 2025 earnings per share of $0.85 (forecast $0.80) on revenues slightly below expectations of $48.17 million. Management is in talks with HoldCo Asset Management on strategic matters and approved a share repurchase program of up to two million shares (about 11% of outstanding shares) for 2026. » More on de.investing.com

TrustCo Bank is continuing discussions with HoldCo Asset Management on business operations, capital allocation, M&A strategy and governance. The previously approved buyback program provides for the purchase of up to two million common shares (about 11% of outstanding shares) and is expected to be completed in 2026, subject to market conditions and capital needs. In Q4 2025 TrustCo beat EPS with $0.85 versus $0.80 expected, but slightly missed revenue at $48.17 million versus $48.69 million expected. » More on de.investing.com

TrustCo Bank NY reported Q4 2025 EPS of $0.85 versus $0.80 expected, while revenue of $48.17 million slightly missed estimates. Net income rose 38% year over year to $15.6 million, net interest margin improved 22 basis points to 2.82%, and deposits stood at $5.6 billion. The company announced a new repurchase program for 2026, plans expansion in Pasco County (Florida) and sees potential risks in two newly nonperforming loans; the stock rose about 3% after the results. » More on de.investing.com