TrustCo Bank Corp NY (NASDAQ:TRST) Sets New 1-Year High – Here’s Why

Posted by Brian Himes on May 26th, 2026

TrustCo Bank Corp NY (NASDAQ:TRST – Get Free Report)’s stock price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $51.19 and last traded at $51.17, with a volume of 9904 shares traded. The stock had previously closed at $50.26.

TrustCo Bank Corp NY Price Performance

The firm has a 50-day moving average of $46.24 and a 200-day moving average of $44.15. The stock has a market cap of $892.18 million, a PE ratio of 14.97 and a beta of 0.60.

TrustCo Bank Corp NY (NASDAQ:TRST – Get Free Report) last released its earnings results on Tuesday, April 21st. The bank reported $0.91 earnings per share (EPS) for the quarter. TrustCo Bank Corp NY had a return on equity of 9.21% and a net margin of 22.42%.The firm had revenue of $49.55 million during the quarter.

TrustCo Bank Corp NY Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 1st. Investors of record on Friday, June 5th will be given a dividend of $0.38 per share. The ex-dividend date is Friday, June 5th. This represents a $1.52 annualized dividend and a dividend yield of 3.0%. TrustCo Bank Corp NY’s dividend payout ratio (DPR) is currently 44.57%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. EverSource Wealth Advisors LLC boosted its holdings in shares of TrustCo Bank Corp NY by 2,435.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 786 shares of the bank’s stock valued at $26,000 after purchasing an additional 755 shares during the last quarter. Hantz Financial Services Inc. boosted its holdings in shares of TrustCo Bank Corp NY by 108.1% during the 3rd quarter. Hantz Financial Services Inc. now owns 872 shares of the bank’s stock valued at $32,000 after purchasing an additional 453 shares during the last quarter. Kestra Advisory Services LLC bought a new position in shares of TrustCo Bank Corp NY during the 4th quarter valued at about $46,000. Godfrey Financial Associates Inc. bought a new position in shares of TrustCo Bank Corp NY during the 4th quarter valued at about $56,000. Finally, Russell Investments Group Ltd. boosted its holdings in shares of TrustCo Bank Corp NY by 48.4% during the 3rd quarter. Russell Investments Group Ltd. now owns 1,701 shares of the bank’s stock valued at $62,000 after purchasing an additional 555 shares during the last quarter. Institutional investors own 68.57% of the company’s stock.

About TrustCo Bank Corp NY

(Get Free Report)

TrustCo Bank Corp. NY (NASDAQ: TRST) is a bank holding company headquartered in Glens Falls, New York, that provides a full suite of community banking and financial services primarily across upstate New York and western Massachusetts. Through its wholly owned subsidiary, Trustco Bank, the company offers deposit products such as checking and savings accounts, as well as consumer, residential mortgage, and commercial lending solutions. Additional services include wealth management, trust administration, and insurance products tailored to the needs of individuals, businesses and nonprofit organizations.

Founded in 1902 as the Glens Falls Trust Company, TrustCo Bank has grown steadily through organic branch expansion and acquisitions of locally based banks.