Oct 21, 4:34 PM ET
TrustCo Bank Corp NY reported third-quarter 2026 net income of $17.3 million, up 6.5% from $16.3 million a year earlier, and diluted earnings per share of $1.02 compared with $0.86. Net interest income rose 9.1% to $47.0 million as loan repricing and deposit growth lifted the net interest margin to 2.95%, and the company raised its quarterly dividend 5.3% to $0.40 per share.
- Diluted EPS of $1.02 for Q3 2026 versus $0.86 for Q3 2025, up 18.6%
- Net interest income of $47.0 million, up 9.1%; net interest margin of 2.95% versus 2.79%
- Quarterly cash dividend increased 5.3% to $0.40 per share
- Provision for credit losses of $850 thousand versus $250 thousand a year earlier; nonperforming loans were $21.1 million, or 0.39% of total loans
Read the filing on SEC.gov ↗
Sep 16, 4:17 PM ET
TrustCo Bank Corp NY's board voted unanimously on September 15, 2026 to increase its size from nine to eleven directors and elected Patricia Kieper-Fusco and Bryan L. Guentner to fill the new seats, effective immediately. The filing describes the change as a governance update and does not report any financial results or compensatory equity awards tied to the appointments.
- Board expanded from nine to eleven directors; Patricia Kieper-Fusco and Bryan L. Guentner elected effective immediately on September 15, 2026
- Both directors also join the board of subsidiary Trustco Bank and were appointed to the Audit, Board Compliance, Compensation, Fiduciary, Nominating and Corporate Governance, and Risk Committees
- Board found both directors independent under Nasdaq standards; no equity awards made in connection with their elections
Read the filing on SEC.gov ↗
Jul 21, 4:00 PM ET
TrustCo Bank Corp NY reported second-quarter 2026 net income of $17.0 million, up 12.8% from $15.0 million a year earlier, with diluted earnings per share of $0.98 versus $0.79. The increase was driven mainly by higher net interest income, which rose 9.2% to $45.6 million as loan repricing and lower funding costs lifted the net interest margin to 2.87%. Shareholders also see book value per share of $38.53 at June 30, 2026, up from $36.75, and an $844 thousand unrealized gain on equity securities included in the quarter.
- Diluted EPS of $0.98 for the quarter ended June 30, 2026, compared with $0.79 a year earlier, an increase of 24.1%
- Net interest income of $45.6 million, up 9.2%; net interest margin of 2.87% compared with 2.71%
- Nonperforming loans of $21.8 million, or 0.40% of total loans, compared with $17.9 million, or 0.35%, a year earlier
- Six-month net income of $33.3 million, or $1.89 diluted EPS, compared with $29.3 million, or $1.54, in the first half of 2025
Read the filing on SEC.gov ↗
May 20, 4:44 PM ET
At its May 19, 2026 annual meeting, TrustCo shareholders approved an amendment raising the shares available under the 2019 Equity Incentive Plan from 700,000 to 1,200,000. All nine director nominees were elected to one-year terms, and shareholders also approved the advisory say-on-pay vote and ratified Crowe LLP as auditor for 2026. The equity plan increase adds dilution potential for shareholders, but the filing does not quantify its effect.
- Equity plan amendment adds 500,000 shares, raising the total available from 700,000 to 1,200,000; approved with 90.34% of votes cast in favor
- All nine director nominees elected to one-year terms; support ranged from 83.69% (Frank B. Silverman) to 91.60% (Steffani Cotugno, DO)
- Advisory vote on executive compensation approved with 91.07% of votes cast in favor
- Crowe LLP ratified as independent registered public accounting firm for the year ending December 31, 2026, with 98.76% of votes cast in favor
Read the filing on SEC.gov ↗
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
