TrustCo Bank Corp NY - Company Profile
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TrustCo Bank Corp NY (TrustCo) is a financial holding company for Trustco Bank, primarily engaged in providing personal and business banking services. The company's main activities include offering checking accounts, savings accounts, retirement accounts, time deposits, money market accounts, and credit cards. Its loan portfolio includes residential and commercial mortgages, home equity lines of credit, installment loans, and commercial loans. The company offers additional services such as asset and wealth management, estate planning and related advice, trust and investment services, custodial services, and online banking. The company has an operational presence in New York, Vermont, Florida, Massachusetts, and New Jersey within the US. Trustco is headquartered in Glenville, New York, the US.
Headquarters
United States of America
Address
5 Sarnowski Drive, Glenville, New York, 12302
Website
www.trustcobank.com
Telephone
1 518 3773311
No of Employees
819
Industry
Financial Services
Ticker Symbol & Exchange
TRST (NASD)
Revenue (2024)
$278.4M
5.8%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
25.2%
(2024 vs 2023)
Market Cap*
$952.6M
Net Profit Margin (2024)
XYZ
18.3%
(2024 vs 2023)
* As of and is in US$
TrustCo Bank Corp NY premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Accounts: | Estate Settlement |
| Checking | Employee Benefit Plans |
| Savings | Financial Planning |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
Competitor Comparison
| Key Parameters | TrustCo Bank Corp NY | M&T Bank Corp | Amalgamated Bank | Financial Institutions Inc | Northfield Bancorp, Inc. |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Glenville | Buffalo | New York City | Warsaw | Woodbridge |
| State/Province | New York | New York | New York | New York | New Jersey |
| No. of Employees | 819 | 21,873 | - | 631 | 374 |
| Entity Type | Public | Public | Private | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Robert J. McCormick | Chairman; President; Chief Executive Officer | Executive Board | 2019 | 61 |
| Michael M. Ozimek | Executive Vice President; Chief Financial Officer | Senior Management | 2018 | 51 |
| Robert M. Leonard | Executive Vice President - Corporate Services and Risk | Senior Management | 2013 | 62 |
| Kevin M. Curley | Executive Vice President - Retail Banking | Senior Management | 2018 | 58 |
| Michael Hall | Corporate Secretary; General Counsel | Senior Management | 2018 | 60 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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