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 and businesses. The company accepts deposits; and offers 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. It operates through banking offices in Albany, Columbia, Dutchess, Greene, Montgomery, Orange, Putnam, Rensselaer, Rockland, Saratoga, Schenectady, Schoharie, Ulster, Warren, Washington, and Westchester counties of New York; Brevard, Charlotte, Flagler, Hillsborough, Indian River, Lake, Manatee, Martin, Orange, Osceola, Palm Beach, Polk, Sarasota, Seminole, and Volusia counties in Florida; Bennington County in Vermont; Berkshire County in Massachusetts; and Bergen County in New Jersey, as well as automatic teller machines. The company was founded in 1902 and is headquartered in Glenville, New York.
Metrics to compare | TRST | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipTRSTPeersSector | |
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P/E Ratio | 13.1x | 12.3x | 8.7x | |
PEG Ratio | −0.41 | 0.13 | 0.03 | |
Price/Book | 0.9x | 0.8x | 1.0x | |
Price / LTM Sales | 3.7x | 3.1x | 2.7x | |
Upside (Analyst Target) | −20.9% | 13.3% | 14.1% | |
Fair Value Upside | Unlock | −17.5% | 3.5% | Unlock |