TrustCo Bank Corp NY reports results for the quarter ended in September - Earnings Summary

TrustCo Bank NY

23/10/2023 22:02

* TrustCo Bank Corp NY  TRST.OQ  reported quarterly adjusted
earnings of 77 cents​​ per share for the quarter ended in
September. The lone analyst forecast for the quarter was
for earnings of 76 cents per share.
    * Revenue fell 10.3% to $46.80 million from a year ago;
analysts
expected $47.29 million. 
    * TrustCo Bank Corp NY's reported EPS for the quarter was 77
cents​.
    * The mean earnings estimate of analysts had fallen by
about 3.8%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * TrustCo Bank Corp NY shares had fallen by 4.1% this
quarter and
lost 30.4% so far this year.
    * The company reported quarterly net income of $14.68
million.
    * Wall Street's median 12-month price target for TrustCo
Bank Corp
NY is $26.00 
    * The current average analyst rating on the shares is "sell"
and
the breakdown of recommendations is no "strong buy" or "buy," no
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
October 23 at 09:02 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.76           0.77           Beat
 Jun. 30 2023      0.85           0.86           Beat
 Mar. 31 2023      1.02           0.93           Missed
 Dec. 31 2022      0.99           1.10           Beat