The combination of strong EPS growth, margin expansion, and active share repurchases suggests improving profitability and shareholder returns. Monitor loan growth sustainability and credit quality trends as economic uncertainty persists.
Price Chart
Executive Summary
TrustCo Bank (TRST) reported strong Q1 2026 earnings with diluted EPS of $0.91, a 21.3% year-over-year increase, and net interest income up 10.7% to $44.7 million. Net interest margin expanded 20 bps to 2.84%, driven by higher asset yields and lower deposit costs. The bank repurchased over 500,000 shares and raised book value per share to $38.32.
Key Financial Metrics
Key Facts
- Diluted EPS of $0.91, up 21.3% YoY from $0.75
- Net income of $16.3 million, up 14.1% YoY from $14.3 million
- Net interest income increased 10.7% YoY to $44.7 million
- Net interest margin expanded 20 bps to 2.84% from 2.64%
- Book value per share rose to $38.32 from $36.16 YoY
- Repurchased 522,226 shares (2.9%) in Q1 2026 under ongoing buyback program
- Nonperforming loans increased to 0.41% of total loans from 0.37% YoY
Financial Impact
Revenue increased by $4.3 million YoY; net income up $2.0 million. Margins expanded significantly, boosting profitability.
Risk Factors
- Modest increase in nonperforming loans and provision for credit losses
- Forward-looking statements subject to macroeconomic and interest rate risks
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3278395 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 21, 2026 6d ago | 8-K | $55.47 $55.73 | ▲ +0.47% | ▲ +0.99% | $56.51 (+1.87%) |
Oct 21, 2026 6d ago | Press Release | $55.47 $55.73 | ▲ +0.47% | ▲ +0.99% | $56.51 (+1.87%) |
Oct 13, 2026 14d ago | 8-K | $53.87 $54.02 | ▲ +0.28% | ▼ −0.01% | $56.51 (+4.90%) |
Oct 13, 2026 14d ago | Press Release | $53.87 $54.02 | ▲ +0.28% | ▼ −0.01% | $56.51 (+4.90%) |
Jul 21, 2026 14w ago | 8-K | $55.94 $56.45 | ▲ +0.91% | ▲ +2.15% | $56.51 (+1.02%) |
Jul 21, 2026 14w ago | Press Release | $55.94 $56.45 | ▲ +0.91% | ▲ +2.15% | $56.51 (+1.02%) |
Jul 10, 2026 15w ago | 8-K | $54.68 $54.59 | ▼ −0.17% | ▼ −0.53% | $56.51 (+3.35%) |
Jul 10, 2026 15w ago | Press Release | $54.68 $54.59 | ▼ −0.17% | ▼ −0.53% | $56.51 (+3.35%) |
May 22, 2026 22w ago | S-3ASR | $50.26 $51.37 | ▲ +2.21% | ▲ +1.62% | $56.51 (+12.44%) |
May 20, 2026 22w ago | 8-K | $50.08 $49.90 | ▼ −0.36% | ▼ −0.80% | $56.51 (+12.85%) |
US Market Status
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