Brief: Trustco Bank Corp N Y Reports Q1 Earnings Per Share Of $0.138

TrustCo Bank NY

21/04/2020 22:31

April 21 (Reuters) - TrustCo Bank Corp N Y  TRST.O :
    * TRUSTCO IS PLEASED TO REPORT FIRST QUARTER 2020 RESULTS;
NET
INCOME OF $13.3 MILLION AND 6.7% AVERAGE RESIDENTIAL LOAN GROWTH
YEAR OVER YEAR
    * Q1 EARNINGS PER SHARE $0.138
    * AVERAGE LOANS WERE UP $209.1 MILLION OR 5.4% IN Q1 2020
OVER
SAME PERIOD IN 2019
    * AT MARCH 31, 2020 EQUITY TO ASSET RATIO WAS 10.43%,
COMPARED TO
9.73% AT MARCH 31, 2019
    * QTRLY NET INTEREST INCOME $38.6 MILLION VERSUS $39.7
MILLION

Source text for Eikon:  ID:nGNX7PFXSj 
Further company coverage:  TRST.O 

 (Reuters.Briefs@thomsonreuters.com)