TRUSTCO BK CORP. DL 1

Executive Snapshot: Continued solid financial results: Key metrics for the fourth quarter 2024: Net income of $11.3 million versus $9.8 million for the fourth quarter 2023 Net interest income of $38.9 million, up from $38.6 million compared to the fourth quarter 2023 Return on average assets (ROAA) of 0.73% versus 0.64% for the fourth quarter 2023 Return on average equity (ROAE) of 6.70% versus 6.21% for the fourth quarter 2023 Capital continues to grow: Consolidated equity to assets increased 3.6% to 10.84% as of December 31, 2024 from 10.46% as of December 31, 2023 Book value per share as of December 31, 2024 was $35.56, up from $33.92 as of December 31, 2023 Average Loan and Deposit portfolios continue to grow: On average, total loans were up $104.9 million or 2.1% for the fourth quarter 2024 compared to the fourth quarter 2023 On average, total deposits were up $31.7 million or 0.6% for the fourth quarter 2024 compared to the fourth quarter 2023 GLENVILLE, N.Y., Jan. 21, 2025 (GLOBE NEWSWIRE) -- TrustCo Bank Corp NY (TrustCo, NASDAQ: TRST) today announced fourth quarter 2024 net income of $11.3 million or $0.59 diluted earnings per share, compared to net income of $9.8 million or $0.52 diluted earnings per share for the fourth quarter 2023; and net income of $48.8 million or $2.57 diluted earnings per share for the full year 2024, compared to net income of $58.6 million or $3.08 diluted earnings per share for the full year 2023.» Mehr auf globenewswire.com

GLENVILLE, N.Y., Jan. 10, 2025 (GLOBE NEWSWIRE) -- TrustCo Bank Corp NY (TrustCo, Nasdaq: TRST) today announced that it will release fourth quarter 2024 results after the market close on January 21, 2025. Results are released on the 21st of the reporting months (January, April, July and October), or on the next day that equity markets are open if the 21st falls on a Friday, weekend or holiday. A conference call to discuss the results will be held at 9:00 a.m. Eastern Time on January 22, 2025. Those wishing to participate in the call may dial toll-free for the United States at 1-833-470-1428, and for Canada at 1-833-950-0062, Access code 645488. A replay of the call will be available for thirty days by dialing toll-free for the United States at 1-866-813-9403, Access code 619481.» Mehr auf globenewswire.com

TrustCo Bank Corp NY (TRST) financial results compared to company peers on the following metrics: Efficiency Ratio, EPS, Cost of Funds and Tier 1 Capital» Mehr auf globenewswire.com