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Upturn AI SWOT - About
TRST 
TrustCo Bank Corp NY (TRST)
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Upturn Advisory Summary
04/01/2025: TRST (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type Stock | Historic Profit -10.11% | Avg. Invested days 27 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 689.89M USD | Price to earnings Ratio 14.63 | 1Y Target Price 26 |
Price to earnings Ratio 14.63 | 1Y Target Price 26 | ||
Volume (30-day avg) 91176 | Beta 0.82 | 52 Weeks Range 24.69 - 38.07 | Updated Date 03/30/2025 |
52 Weeks Range 24.69 - 38.07 | Updated Date 03/30/2025 | ||
Dividends yield (FY) 3.96% | Basic EPS (TTM) 2.48 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 28.11% | Operating Margin (TTM) 42.27% |
Management Effectiveness
Return on Assets (TTM) 0.78% | Return on Equity (TTM) 7.33% |
Valuation
Trailing PE 14.63 | Forward PE - | Enterprise Value 299842624 | Price to Sales(TTM) 3.42 |
Enterprise Value 299842624 | Price to Sales(TTM) 3.42 | ||
Enterprise Value to Revenue 3.61 | Enterprise Value to EBITDA - | Shares Outstanding 19010400 | Shares Floating 18368451 |
Shares Outstanding 19010400 | Shares Floating 18368451 | ||
Percent Insiders 3.28 | Percent Institutions 74.92 |
Analyst Ratings
Rating - | Target Price 26 | Buy - | Strong Buy - |
Buy - | Strong Buy - | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
TrustCo Bank Corp NY
Company Overview
History and Background
TrustCo Bank Corp NY was founded in 1902 as the Schenectady Trust Company. Over the years, it has grown through organic expansion and acquisitions, focusing primarily on community banking in New York and Florida.
Core Business Areas
- Banking Services: Offers a range of banking products and services, including checking and savings accounts, loans, and mortgages.
- Wealth Management: Provides wealth management and trust services to individuals and businesses.
- Insurance Services: Offer insurance products to customers to protect them from things such as property damage or liability.
Leadership and Structure
Robert J. McCormick is the President and CEO. The bank operates with a traditional corporate structure, with various departments overseeing different business areas.
Top Products and Market Share
Key Offerings
- Residential Mortgages: Offers fixed-rate and adjustable-rate mortgages. Market share data is not publicly available. Competitors include large national banks and regional banks.
- Commercial Loans: Provides loans to small and medium-sized businesses. Market share data is not publicly available. Competitors include large national banks and regional banks.
- Deposit Accounts: Includes checking, savings, and money market accounts. Market share data is not publicly available. Competitors include large national banks and regional banks.
Market Dynamics
Industry Overview
The banking industry is currently facing challenges from rising interest rates, increased regulatory scrutiny, and competition from fintech companies.
Positioning
TrustCo Bank Corp NY is positioned as a community bank focused on providing personalized service to its customers. Its competitive advantage lies in its strong local presence and customer relationships.
Total Addressable Market (TAM)
The total addressable market includes all banking and financial services customers in New York and Florida, estimated to be in the hundreds of billions of dollars. TrustCo is positioned to serve a portion of this TAM with its community-focused approach.
Upturn SWOT Analysis
Strengths
- Strong local presence
- Customer relationships
- Conservative lending practices
- Stable management team
Weaknesses
- Limited geographic diversification
- Smaller scale compared to larger banks
- Dependence on traditional banking services
- Limited technology investments
Opportunities
- Expansion into new markets within New York and Florida
- Increased focus on digital banking services
- Acquisition of smaller banks
- Growth in wealth management business
Threats
- Rising interest rates
- Increased regulatory scrutiny
- Competition from larger banks and fintech companies
- Economic downturn
Competitors and Market Share
Key Competitors
- KEY
- MTB
- CNBKA
Competitive Landscape
TrustCo Bank Corp NY competes with larger national banks and smaller regional banks. Its advantages include its strong local presence and customer relationships, while its disadvantages include its smaller scale and limited geographic diversification.
Major Acquisitions
Growth Trajectory and Initiatives
Historical Growth: TrustCo Bank Corp NY has experienced moderate growth over the past years, driven by organic expansion and strategic acquisitions.
Future Projections: Analysts project continued growth in revenue and earnings, driven by increased lending activity and expansion into new markets. EPS is projected to grow by 5-7% annually over the next few years.
Recent Initiatives: Recent initiatives include investments in digital banking technology and expansion into new branches in Florida.
Summary
TrustCo Bank Corp NY is a stable community bank with a strong local presence. The company's consistent dividend payouts and conservative lending practices are positives. However, limited geographic diversification and competition from larger banks are potential concerns. The company needs to continue investing in digital banking to remain competitive.
Similar Companies
- KEY
- MTB
- CNBKA
Sources and Disclaimers
Data Sources:
- Company SEC Filings
- Analyst Reports
- Company Website
Disclaimers:
The data provided is for informational purposes only and should not be considered financial advice. Market share data is estimated based on available information.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About TrustCo Bank Corp NY
Exchange NASDAQ | Headquaters Glenville, NY, United States | ||
IPO Launch date 1990-03-26 | President, CEO & Chairman of the Board Mr. Robert Joseph McCormick | ||
Sector Financial Services | Industry Banks - Regional | Full time employees 791 | Website https://www.trustcobank.com |
Full time employees 791 | Website https://www.trustcobank.com | ||
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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