TrustCo Bank Corp NY
trustcobank.q4ir.comWhat Do They Do?
Provides personal and business banking, including deposit accounts, loans, and trust and investment services, to individuals and businesses.
10-K for FY2025, filed Mar 16, 2026Trustco Bank is a federal savings bank engaged in providing general banking services to individuals and businesses.View ↗
The Bank provides a wide range of both personal and business banking services, including a full array of deposit products for both…View ↗
Trustco Financial Services, the name under which Trustco Bank’s trust department operates, serves as executor of estates and trustee of…View ↗
How Do They Make Money?
Earns most of its income from interest on loans and investments, less interest paid on deposits and borrowings. It also collects account, card-transaction and wealth-management fees, charged when transactions happen or over monthly or quarterly service periods.
10-K for FY2025, filed Mar 16, 2026Like other financial institutions, we are subject to interest rate risk. Our primary source of income is net interest income, which is the…View ↗
Service charges on Deposit Accounts: The Company earns fees from its deposit customers for transaction-based, account maintenance and…View ↗
Interchange Income: Interchange revenue primarily consists of interchange fees, volume-related incentives and ATM charges. As the…View ↗
Wealth Management fees: Trustco Wealth Management provides a comprehensive suite of trust and wealth management products and services…View ↗
$259.4M
-
10-K for FY2025, filed Mar 16, 2026
$259.4M ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
Overdraft Fees
Usage-based
|
16%
FY2022: 15%
|
Overdraft Fees, FY2025
$2.8M Sources
|
Usage-based |
|
Other
|
13%
FY2022: 11%
|
Other, FY2025
$2.3M Sources
|
|
|
Interchange Income
Usage-based
|
26%
FY2022: 35%
|
Interchange Income, FY2025
$4.5M Sources
|
Usage-based |
|
Wealth Management Fees
|
45%
FY2022: 39%
|
Wealth Management Fees, FY2025
$7.9M Sources
|
Who Are Their Customers?
Individuals and businesses use the bank for deposits and loans, while trust and wealth-management clients use planning, investment and custody services. Customers are reached through branches, commercial loan officers, advertising and the website.
10-K for FY2025, filed Mar 16, 2026Trustco Bank is a federal savings bank engaged in providing general banking services to individuals and businesses.View ↗
The Bank provides a wide range of both personal and business banking services, including a full array of deposit products for both…View ↗
Trustco Financial Services, the name under which Trustco Bank’s trust department operates, serves as executor of estates and trustee of…View ↗
Deposit Accounts. Deposits are attracted from within our market area by the sales efforts of our branch network, commercial loan officers…View ↗
Do Revenues Turn Into Profits?
Yes. It kept 24 cents of every revenue dollar as net income in FY2025 and turned 18 cents into free cash flow.
10-K for FY2025, filed Mar 16, 2026
How Are They Changing?
10-Q for Q2 FY2026, filed Aug 10, 2026
Open tableView ↗
Growing. Revenue grew 54% in 4 years, from $168M in FY2021 to $259.4M in FY2025, about 11% a year.
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