TrustCo Q4 net income rises to $11.3 million from $9.8 million a year earlier
TrustCo Bank Corp NY reported fourth quarter 2024 net income of $11.3 million, or $0.59 per diluted share, up from $9.8 million, or $0.52, a year earlier. Full-year 2024 net income fell to $48.8 million, or $2.57 per diluted share, from $58.6 million, or $3.08, in 2023. Shareholders get a year-over-year quarterly gain alongside a lower annual profit, with book value per share rising to $35.56 at year end.
Key points
- Q4 2024 net income $11.3 million, $0.59 diluted EPS, versus $9.8 million, $0.52 in Q4 2023
- Full-year 2024 net income $48.8 million, $2.57 diluted EPS, versus $58.6 million, $3.08 in 2023
- Net interest income $38.9 million in Q4 2024, up $296 thousand (0.8%) from Q4 2023
- Book value per share $35.56 at December 31, 2024, up from $33.92 a year earlier
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 6:59 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 21, 2025.
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.