TrustCo Bank Corp NY (TRST) — Financial statements
Income statement, balance sheet, and cash flow for TrustCo Bank Corp NY — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 278↑5.8% | 263↑7.6% | 245↑18.8% | 206↑10.7% | 186 | |
| Cost of Revenue | 92↓1.9% | 93↑67.9% | 56↑807.8% | 6↑188.4% | 2 | |
| Gross Profit | 187↑10.0% | 170↓10.1% | 189↓5.4% | 200↑8.7% | 184 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 64↑21.9% | 52↓5.9% | 56↑13.2% | 49↓5.2% | 52 | |
| Selling & Marketing Expenses | 2↓12.1% | 2↓4.0% | 2↓8.2% | 2↑3.6% | 2 | |
| SG&A Expenses | 65↑20.8% | 54↓5.8% | 57↑12.3% | 51↓4.8% | 54 | |
| Other Expenses | 40↓22.2% | 52↓4.1% | 54↑9.5% | 49↑2.6% | 48 | |
| Operating Expenses | 106↓0.2% | 106↓5.0% | 111↑10.9% | 100↓1.3% | 102 | |
| Total Costs & Expenses | 197↓1.0% | 199↑19.3% | 167↑56.8% | 106↑2.6% | 104 | |
| Operating Results | ||||||
| Operating Income | 81↑26.8% | 64↓17.5% | 78↓21.9% | 99↑21.0% | 82 | |
| Depreciation & Amortization | 9↓25.4% | 11↑6.0% | 11↑2.2% | 11↓0.3% | 11 | |
| EBITDA | 90↑18.9% | 75↓14.6% | 88↓19.6% | 110↑18.6% | 93 | |
| EBIT | 81↑26.8% | 64↓17.5% | 78↓21.9% | 99↑21.0% | 82 | |
| Interest & Other Income | ||||||
| Net Interest Income | 169↑11.2% | 152↓11.6% | 172↓4.6% | 180↑12.3% | 160 | |
| Interest Income | 259↑6.6% | 243↑7.6% | 226↑21.2% | 187↑11.1% | 168 | |
| Interest Expense | 90↓1.0% | 91↑68.1% | 54↑740.6% | 6↓14.6% | 8 | |
| Non-Operating Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | -0.40 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Income Before Tax | 81↑26.2% | 64↓17.5% | 78↓21.9% | 99↑21.0% | 82 | |
| Income Tax Expense | 20↑29.3% | 15↓19.8% | 19↓21.6% | 24↑17.3% | 21 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 61↑25.2% | 49↓16.7% | 59↓22.0% | 75↑22.3% | 62 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 61↑25.2% | 49↓16.7% | 59↓22.0% | 75↑22.3% | 62 | |
| Bottom-Line Net Income | 61↑25.2% | 49↓16.7% | 59↓22.0% | 75↑22.3% | 62 | |
| EPS (Basic) | 3.25↑26.5% | 2.57↓16.6% | 3.08↓21.6% | 3.93↑23.2% | 3.19 | |
| EPS (Diluted) | 3.25↑26.5% | 2.57↓16.6% | 3.08↓21.6% | 3.93↑23.2% | 3.19 | |
| Weighted Average Shares | 18↓3.9% | 19↓0.0% | 19↓0.6% | 19↓0.7% | 19 | |
| Weighted Average Diluted Shares | 18↓3.7% | 19↑0.1% | 19↓0.6% | 19↓0.7% | 19 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.