John Lapey

Gregory Roeder

Ian Lapey

- TrustCo Bancorp reported **Q3 2025 net income of $16.3 million**, a **26.3% increase** over the prior year quarter, with a return on average assets of **1.02%** and return on average equity of **9.29%**.  **[0000357301_2195573_2]**  The efficiency ratio also decreased by almost **9%** compared to the prior year quarter.  **[0000357301_2195573_1]** 
- The company experienced significant loan growth, with average loans increasing by **2.5%** or **$125.9 million** to **$5.2 billion** from Q3 2024, and total deposits growing by **$217 million** to **$5.5 billion** compared to the prior year quarter.  **[0000357301_2195573_2]** 
- Net interest income for Q3 2025 was **$43.1 million**, an **11.5% increase** year-over-year, and net interest margin expanded by **18 basis points** to **2.79%**.  **[0000357301_2195573_2]** 
- Asset quality remained robust, with non-performing loans declining to **$18.5 million** and non-performing loans to total loans decreasing to **0.36%** in Q3 2025.  **[0000357301_2195573_2]**  The company recorded a net recovery of **$176,000** for the quarter.  **[0000357301_2195573_4]** 
- TrustCo Bancorp repurchased **298,000 shares** in Q3 2025, bringing the year-to-date total to **467,000 shares**, and plans to complete the remaining **533,000 shares** under the current authorization, with intentions to seek approval for further substantial repurchases.  **[0000357301_2195573_1]** **[0000357301_2195573_2]**

TrustCo Bancorp Announces Strong Q3 2025 Financial Results

- TrustCo Bank Corp NY reported strong Q3 2025 financial results, with **net income increasing 26.3% to $16.3 million** and **net interest income rising 11.5% to $43.1 million** compared to the prior year quarter.  **[0000357301_2195533_2]**  The **net interest margin expanded by 18 basis points to 2.79%**.  **[0000357301_2195533_3]** 
- The company achieved significant loan growth, with **average loans reaching an all-time high of $5.2 billion**, up **2.5%** year-over-year, driven by **home equity loans (up 15.7%)** and **commercial loans (up 12.4%)**.  **[0000357301_2195533_2]** **[0000357301_2195533_4]**  Total deposits also increased by **$217 million to $5.5 billion**.  **[0000357301_2195533_2]** 
- Credit quality improved, with **non-performing loans declining to $18.5 million** and **non-performing loans to total loans decreasing to 0.36%** in Q3 2025 from Q3 2024.  **[0000357301_2195533_2]**  The allowance for credit losses stood at **$51.9 million** with a coverage ratio of **281%**.  **[0000357301_2195533_4]** 
- TrustCo repurchased **298,000 shares** of common stock during Q3 2025, bringing the year-to-date total to **467,000 shares**.  **[0000357301_2195533_2]**  The company plans to complete the current authorization and seek approval for further substantial repurchases, viewing the stock as undervalued.  **[0000357301_2195533_1]** **[0000357301_2195533_2]** 
- Approximately **$1 billion in certificates of deposit** are set to mature over the next **four to six months** at an average rate of **3.75%**, which the company expects to reprice.  **[0000357301_2195533_5]**

TrustCo Bank Corp NY Announces Strong Q3 2025 Results with Increased Net Income and Loan Growth

- TrustCo Bank Corp NY reported a **26.3% increase** in net income to **$16.3 million**, or **$0.86 diluted earnings per share**, for the third quarter of 2025, compared to $12.9 million, or $0.68 diluted earnings per share, in Q3 2024.  **[357301_0001140361-25-038829_ef20057457_ex99a.htm:0]** 
- Net interest income grew by **11.5%** to **$43.1 million** in Q3 2025, up from $38.7 million in the prior year period, with the net interest margin expanding by **18 basis points** to **2.79%**.  **[357301_0001140361-25-038829_ef20057457_ex99a.htm:0]** 
- The company experienced continued growth, with average loans increasing by **$125.9 million** and average deposits rising by **$251.1 million** in Q3 2025 over the same period in 2024.  **[357301_0001140361-25-038829_ef20057457_ex99a.htm:0]** 
- Credit quality improved, as nonperforming loans (NPLs) declined to **$18.5 million** as of September 30, 2025, from $19.4 million a year prior, and nonperforming assets (NPAs) to total assets decreased to **0.31%** from 0.36%.  **[357301_0001140361-25-038829_ef20057457_ex99a.htm:0]** 
- During 2025, TrustCo repurchased **467 thousand shares**, or **2.5%**, of its common stock, with an additional **533 thousand shares**, or **2.8%**, remaining available under the stock repurchase program.  **[357301_0001140361-25-038829_ef20057457_ex99a.htm:0]** **[357301_0001140361-25-038829_ef20057457_ex99a.htm:2]**

TrustCo Bank Corp NY Reports Strong Q3 2025 Financial Results

- TrustCo Bank Corp NY reported a **26.3% increase in net income to $16.3 million**, or **$0.86 diluted earnings per share**, for the third quarter of 2025 compared to the same period in 2024.  **[357301_e6b6f486937c4e1eb49a8df7810ced67_0]** **[357301_e6b6f486937c4e1eb49a8df7810ced67_1]** 
- **Net interest income rose 11.5% to $43.1 million** in Q3 2025, with the **net interest margin expanding to 2.79%** from 2.61% in Q3 2024.  **[357301_e6b6f486937c4e1eb49a8df7810ced67_0]** **[357301_e6b6f486937c4e1eb49a8df7810ced67_1]** 
- The company experienced growth in Q3 2025 over Q3 2024, with **average loans increasing by $125.9 million** and **average deposits by $251.1 million**.  **[357301_e6b6f486937c4e1eb49a8df7810ced67_0]** **[357301_e6b6f486937c4e1eb49a8df7810ced67_2]** 
- TrustCo repurchased **467 thousand shares** (2.5% of common stock) during 2025 under its stock repurchase program, with an additional **533 thousand shares** (2.8%) available for future repurchases.  **[357301_e6b6f486937c4e1eb49a8df7810ced67_0]** **[357301_e6b6f486937c4e1eb49a8df7810ced67_3]** 
- Credit quality improved, with **nonperforming loans declining to $18.5 million** and **nonperforming assets to total assets reducing to 0.31%** as of September 30, 2025.  **[357301_e6b6f486937c4e1eb49a8df7810ced67_0]** **[357301_e6b6f486937c4e1eb49a8df7810ced67_3]**

TRUSTCO BANK CORP N Y (TRST)