TrustCo Bank Corp NY (NASDAQ:TRST) shares climbed about 6.5 percent to $45.54 in recent trading, extending a recovery from 52-week lows near $27 and reflecting renewed investor interest after robust quarterly results. The stock’s 52-week range underscores volatility before the latest earnings release.
Fourth Quarter Results
TrustCo reported Q4 2025 net income of $15.6 million, up 38 percent from $11.3 million a year earlier, with diluted earnings per share of $0.85 versus $0.59 in Q4 2024. Net interest income rose about 12.4 percent to $43.7 million, and the net interest margin expanded to 2.82 percent from 2.60 percent in the prior year period.
Average loans and deposits both grew in the quarter, supporting interest income gains. Asset quality metrics remained stable, with a modest rise in nonperforming loans but coverage ratios holding consistent.
Full Year and Trends
For the full year ended Dec. 31, 2025 net income was $61.1 million, or $3.25 per share, compared with $48.8 million, or $2.57 per share in 2024. Book value per share rose to $38.08 from $35.56 year-over-year. TrustCo’s results reflect continued repricing of its loan portfolio at higher yields and disciplined funding costs, which helped expand margins. Loan growth has been steady across residential, home equity and commercial segments.
Capital Returns and Buybacks
During 2025, TrustCo completed repurchases of 1 million shares, or roughly 5.3 percent of outstanding stock, under its buyback program. In Q4 the bank approved a new authorization to repurchase up to 2 million shares (approximately 11.1 percent) of common stock. The company maintained its quarterly dividend through the period, with a $0.38 per share payout declared late last year.
Analyst Actions
At the time of publishing there were no major analyst upgrades, downgrades or price-target changes specific to today’s earnings release available in the market.
