TrustCo Q1 2025 net income rises 17.7% to $14.3 million
TrustCo Bank Corp NY reported first quarter 2025 net income of $14.3 million, or $0.75 per diluted share, up 17.7% from $12.1 million, or $0.64 per diluted share, a year earlier. The results were furnished in an 8-K with the earnings press release, which also cites a 10.4% rise in net interest income to $40.4 million and average loans and deposits up 2.1% and 1.9%. The company also announced a stock repurchase program for up to one million shares, about 5% of outstanding common stock.
Key points
- Net income of $14.3 million, up 17.7% from $12.1 million; diluted EPS of $0.75 vs. $0.64
- Net interest income of $40.4 million, up 10.4%; net interest margin of 2.64% vs. 2.44%
- Stock repurchase program for up to one million shares, about 5% of outstanding common stock
- Nonperforming loans were 0.37% of total loans as of March 31, 2025, unchanged from 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 April 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.