TrustCo Bank's Q4 net income rises 38%

TrustCo Bank NY

21/01/2026 21:11

Overview

U.S. bank's Q4 net income rose 38%, driven by higher net interest income

Diluted EPS for Q4 increased 44.1% yr/yr

Company completed stock repurchase program, announced new buyback for 2026

Outlook

Company plans to repurchase up to two million shares in 2026

Result Drivers

NET INTEREST INCOME - TrustCo's net interest income increased 12.4% due to asset repricing at higher yields and effective management of interest expenses

LOAN GROWTH - Average loans increased $126.8 mln in Q4 2025, driven by residential mortgages and home equity credit lines

MARGIN EXPANSION - Net interest margin increased to 2.82% due to enhanced asset yields and disciplined deposit pricing

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 EPS
$0.85
Q4 Net Income
$15.57 mln
Q4 Net Interest Income
$43.74 mln
Q4 Credit Loss Provision
$400,000
Q4 Net Interest Margin
2.82%


Press Release: ID:nGNX8LMjJJ

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)