TRUSTCO BANK CORP N Y — Form 8-K
Filed October 21, 2026 · analyzed by the 8-K Agent
8-K
▲ Likely positive
significance 48/100
What the filing says
TrustCo Bank reported Q3 2026 net income of $17.3M (vs. $16.3M YoY, +6.5%), with diluted EPS of $1.02 (+18.6%). Net interest income rose 9.1% to $47.0M; net interest margin expanded 16 bps to 2.95%. Average loans grew $238.1M (+4.6%); average deposits grew $229.6M (+4.2%). The company repurchased 1.5M shares (8.3% of outstanding) in nine months 2026, on pace for 3M shares (15.8%) by year-end; dividend increased 5.3% to $0.40/quarter ($1.60 annualized). Nonperforming loans at 0.39% of total loans; allowance coverage ratio 261.8%.
Why this rating
Solid earnings growth and margin expansion are real but incremental; buyback/dividend are capital returns. Moderate $611M company impact; ordinary bank results.
See more from October 21, 2026.
EDGAR·FLOW summarizes public SEC EDGAR filings with automated analysis. Materiality scores and stock-impact predictions are algorithmically generated and are not investment advice. Always verify against the source filing on SEC.gov.