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How to buy TrustCo Bank Corp NY stock

Own TrustCo Bank Corp NY stock in just a few minutes.

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TrustCo Bank Corp NY is a banks-regional business based in the US. TrustCo Bank Corp NY shares (TRST) are listed on the NASDAQ and all prices are listed in US Dollars. TrustCo Bank Corp NY employs 778 staff and has a trailing 12-month revenue of around USD$165.2 million.

How to buy shares in TrustCo Bank Corp NY

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for TrustCo Bank Corp NY. Find the stock by name or ticker symbol: TRST. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until TrustCo Bank Corp NY reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of TrustCo Bank Corp NY, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of TrustCo Bank Corp NY. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

TrustCo Bank Corp NY share price

Use our graph to track the performance of TRST stocks over time.

TrustCo Bank Corp NY shares at a glance

Information last updated 2021-02-24.
52-week rangeUSD$4.1603 - USD$7.34
50-day moving average USD$6.8006
200-day moving average USD$6.1386
Wall St. target priceUSD$8
PE ratio 12.9282
Dividend yield USD$0.273 (3.93%)
Earnings per share (TTM) USD$0.543

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy TrustCo Bank Corp NY stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Is TrustCo Bank Corp NY under- or over-valued?

Valuing TrustCo Bank Corp NY stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of TrustCo Bank Corp NY's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

TrustCo Bank Corp NY's P/E ratio

TrustCo Bank Corp NY's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 13x. In other words, TrustCo Bank Corp NY shares trade at around 13x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

TrustCo Bank Corp NY's PEG ratio

TrustCo Bank Corp NY's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 3.73. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into TrustCo Bank Corp NY's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

TrustCo Bank Corp NY financials

Revenue TTM USD$165.2 million
Operating margin TTM 43.45%
Gross profit TTM USD$165.2 million
Return on assets TTM 0.94%
Return on equity TTM 9.48%
Profit margin 31.76%
Book value $5.892
Market capitalisation USD$677 million

TTM: trailing 12 months

Shorting TrustCo Bank Corp NY shares

There are currently 1.1 million TrustCo Bank Corp NY shares held short by investors – that's known as TrustCo Bank Corp NY's "short interest". This figure is 8.1% down from 1.2 million last month.

There are a few different ways that this level of interest in shorting TrustCo Bank Corp NY shares can be evaluated.

TrustCo Bank Corp NY's "short interest ratio" (SIR)

TrustCo Bank Corp NY's "short interest ratio" (SIR) is the quantity of TrustCo Bank Corp NY shares currently shorted divided by the average quantity of TrustCo Bank Corp NY shares traded daily (recently around 489576.31578947). TrustCo Bank Corp NY's SIR currently stands at 2.28. In other words for every 100,000 TrustCo Bank Corp NY shares traded daily on the market, roughly 2280 shares are currently held short.

However TrustCo Bank Corp NY's short interest can also be evaluated against the total number of TrustCo Bank Corp NY shares, or, against the total number of tradable TrustCo Bank Corp NY shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case TrustCo Bank Corp NY's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 TrustCo Bank Corp NY shares in existence, roughly 10 shares are currently held short) or 0.014% of the tradable shares (for every 100,000 tradable TrustCo Bank Corp NY shares, roughly 14 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against TrustCo Bank Corp NY.

Find out more about how you can short TrustCo Bank Corp NY stock.

TrustCo Bank Corp NY share dividends


Dividend payout ratio: 50.1% of net profits

Recently TrustCo Bank Corp NY has paid out, on average, around 50.1% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.88% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), TrustCo Bank Corp NY shareholders could enjoy a 3.88% return on their shares, in the form of dividend payments. In TrustCo Bank Corp NY's case, that would currently equate to about $0.273 per share.

TrustCo Bank Corp NY's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

TrustCo Bank Corp NY's most recent dividend payout was on 1 April 2021. The latest dividend was paid out to all shareholders who bought their shares by 4 March 2021 (the "ex-dividend date").

Have TrustCo Bank Corp NY's shares ever split?

TrustCo Bank Corp NY's shares were split on a 115:100 basis on 17 October 2001. So if you had owned 100 shares the day before before the split, the next day you'd have owned 115 shares. This wouldn't directly have changed the overall worth of your TrustCo Bank Corp NY shares – just the quantity. However, indirectly, the new 13% lower share price could have impacted the market appetite for TrustCo Bank Corp NY shares which in turn could have impacted TrustCo Bank Corp NY's share price.

TrustCo Bank Corp NY share price volatility

Over the last 12 months, TrustCo Bank Corp NY's shares have ranged in value from as little as $4.1603 up to $7.34. A popular way to gauge a stock's volatility is its "beta".

TRST.US volatility(beta: 1.21)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while TrustCo Bank Corp NY's is 1.214. This would suggest that TrustCo Bank Corp NY's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

TrustCo Bank Corp NY overview

TrustCo Bank Corp NY operates as the holding company for Trustco Bank, a federal savings bank that provides personal and business banking services to individuals, partnerships, and corporations. The company is primarily involved in accepting deposits, and making loans and investments. It also operates as a real estate investment trust that acquires, holds, and manages real estate mortgage assets, including residential mortgage loans and mortgage backed securities. In addition, the company serves as the executor of estates and trustee of personal trusts; provides asset and wealth management, estate planning and related advice, and custodial services; and acts as trustee for various types of employee benefit plans, and corporate pension and profit sharing trusts. As of December 31, 2019, it operated 148 banking offices and 162 automatic teller machines in New York, Florida, Vermont, Massachusetts, and New Jersey. The company was founded in 1902 and is headquartered in Glenville, New York.

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