TrustCo Bank Corp NY
TrustCo Bank Corp NY operates as the holding company for Trustco Bank that provides personal and business banking services to individuals and businesses. It accepts deposits; and offers loans and investments. The company also operates as a real estate investment trust that acquires, holds, and manages real estate mortgage assets, including residential mortgage loans and mortgage-backed securities… Read more
TrustCo Bank Corp NY (TRST) - Net Assets
Latest net assets as of December 2025: $686.59 Million USD
Based on the latest financial reports, TrustCo Bank Corp NY (TRST) has net assets worth $686.59 Million USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($6.44 Billion) and total liabilities ($5.75 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $686.59 Million |
| % of Total Assets | 10.66% |
| Annual Growth Rate | 7.35% |
| 5-Year Change | 14.22% |
| 10-Year Change | 58.68% |
| Growth Volatility | 14.66 |
TrustCo Bank Corp NY - Net Assets Trend (1989–2025)
This chart illustrates how TrustCo Bank Corp NY's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for TrustCo Bank Corp NY (1989–2025)
The table below shows the annual net assets of TrustCo Bank Corp NY from 1989 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $686.59 Million | +1.51% |
| 2024-12-31 | $676.34 Million | +4.81% |
| 2023-12-31 | $645.28 Million | +7.55% |
| 2022-12-31 | $599.99 Million | -0.19% |
| 2021-12-31 | $601.13 Million | +5.80% |
| 2020-12-31 | $568.16 Million | +5.56% |
| 2019-12-31 | $538.26 Million | +9.88% |
| 2018-12-31 | $489.87 Million | +6.89% |
| 2017-12-31 | $458.31 Million | +5.92% |
| 2016-12-31 | $432.69 Million | +4.69% |
| 2015-12-31 | $413.31 Million | +5.05% |
| 2014-12-31 | $393.44 Million | +8.74% |
| 2013-12-31 | $361.81 Million | +0.84% |
| 2012-12-31 | $358.80 Million | +5.99% |
| 2011-12-31 | $338.52 Million | +32.52% |
| 2010-12-31 | $255.44 Million | +3.97% |
| 2009-12-31 | $245.68 Million | +4.09% |
| 2008-12-31 | $236.02 Million | -0.44% |
| 2007-12-31 | $237.07 Million | -1.02% |
| 2006-12-31 | $239.52 Million | +4.75% |
| 2005-12-31 | $228.66 Million | +1.25% |
| 2004-12-31 | $225.83 Million | -0.41% |
| 2003-12-31 | $226.76 Million | -3.44% |
| 2002-12-31 | $234.84 Million | +14.10% |
| 2001-12-31 | $205.83 Million | +5.10% |
| 2000-12-31 | $195.84 Million | +17.76% |
| 1999-12-31 | $166.30 Million | -10.50% |
| 1998-12-31 | $185.80 Million | +3.91% |
| 1997-12-31 | $178.80 Million | +10.10% |
| 1996-12-31 | $162.40 Million | +1.44% |
| 1995-12-31 | $160.10 Million | +14.93% |
| 1994-12-31 | $139.30 Million | +7.24% |
| 1993-12-31 | $129.90 Million | +7.89% |
| 1992-12-31 | $120.40 Million | +8.37% |
| 1991-12-31 | $111.10 Million | +84.55% |
| 1990-12-31 | $60.20 Million | +12.73% |
| 1989-12-31 | $53.40 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to TrustCo Bank Corp NY's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 1590.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $480.00 Million | 69.91% |
| Common Stock | $20.12 Million | 2.93% |
| Other Comprehensive Income | $10.02 Million | 1.46% |
| Other Components | $176.45 Million | 25.70% |
| Total Equity | $686.59 Million | 100.00% |
TrustCo Bank Corp NY Competitors by Market Cap
The table below lists competitors of TrustCo Bank Corp NY ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
USINAS SID.MIN.GER. PFD A
F:U1S1
|
$733.61 Million |
|
Viaplay Group AB Series A
ST:VPLAY-A
|
$733.62 Million |
|
Shaanxi Fenghuo Electronics Co Ltd
SHE:000561
|
$733.63 Million |
|
Amore Group
KO:002790
|
$733.67 Million |
|
Global Infotech Co Ltd
SHE:300465
|
$733.12 Million |
|
Xiangtan Electrochemical Scientific Co Ltd
SHE:002125
|
$733.07 Million |
|
Volaris
NYSE:VLRS
|
$733.06 Million |
|
GQG Partners Inc
AU:GQG
|
$732.62 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TrustCo Bank Corp NY's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 676,343,000 to 686,589,000, a change of 10,246,000 (1.5%).
- Net income of 61,137,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 13,885,000.
- Other factors decreased equity by 64,776,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $61.14 Million | +8.9% |
| Other Comprehensive Income | $13.88 Million | +2.02% |
| Other Changes | $-64.78 Million | -9.43% |
| Total Change | $- | 1.51% |
Book Value vs Market Value Analysis
This analysis compares TrustCo Bank Corp NY's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.14x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 7.61x to 1.14x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1989-12-31 | $5.59 | $42.56 | x |
| 1990-12-31 | $6.23 | $42.56 | x |
| 1991-12-31 | $10.43 | $42.56 | x |
| 1992-12-31 | $8.59 | $42.56 | x |
| 1993-12-31 | $9.20 | $42.56 | x |
| 1994-12-31 | $8.82 | $42.56 | x |
| 1995-12-31 | $11.08 | $42.56 | x |
| 1996-12-31 | $14.71 | $42.56 | x |
| 1997-12-31 | $16.10 | $42.56 | x |
| 1998-12-31 | $12.64 | $42.56 | x |
| 1999-12-31 | $11.25 | $42.56 | x |
| 2000-12-31 | $13.41 | $42.56 | x |
| 2001-12-31 | $14.02 | $42.56 | x |
| 2002-12-31 | $15.74 | $42.56 | x |
| 2003-12-31 | $15.05 | $42.56 | x |
| 2004-12-31 | $15.04 | $42.56 | x |
| 2005-12-31 | $15.16 | $42.56 | x |
| 2006-12-31 | $15.93 | $42.56 | x |
| 2007-12-31 | $15.77 | $42.56 | x |
| 2008-12-31 | $15.57 | $42.56 | x |
| 2009-12-31 | $16.06 | $42.56 | x |
| 2010-12-31 | $16.60 | $42.56 | x |
| 2011-12-31 | $19.90 | $42.56 | x |
| 2012-12-31 | $19.16 | $42.56 | x |
| 2013-12-31 | $19.20 | $42.56 | x |
| 2014-12-31 | $20.76 | $42.56 | x |
| 2015-12-31 | $21.70 | $42.56 | x |
| 2016-12-31 | $22.62 | $42.56 | x |
| 2017-12-31 | $23.82 | $42.56 | x |
| 2018-12-31 | $25.34 | $42.56 | x |
| 2019-12-31 | $27.77 | $42.56 | x |
| 2020-12-31 | $29.43 | $42.56 | x |
| 2021-12-31 | $31.21 | $42.56 | x |
| 2022-12-31 | $31.36 | $42.56 | x |
| 2023-12-31 | $33.92 | $42.56 | x |
| 2024-12-31 | $35.53 | $42.56 | x |
| 2025-12-31 | $37.46 | $42.56 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TrustCo Bank Corp NY utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 8.90%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 21.97%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 9.38x
- Recent ROE (8.90%) is below the historical average (14.89%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1989 | 17.60% | 11.79% | 0.10x | 15.34x | $4.06 Million |
| 1990 | 17.61% | 12.16% | 0.09x | 15.53x | $4.58 Million |
| 1991 | 11.61% | 11.65% | 0.06x | 15.82x | $1.79 Million |
| 1992 | 14.53% | 11.03% | 0.08x | 16.15x | $5.46 Million |
| 1993 | 15.63% | 13.28% | 0.08x | 15.18x | $7.31 Million |
| 1994 | 16.44% | 15.80% | 0.07x | 14.18x | $8.97 Million |
| 1995 | 15.93% | 14.51% | 0.08x | 13.59x | $9.49 Million |
| 1996 | 17.67% | 16.22% | 0.08x | 13.93x | $12.46 Million |
| 1997 | 18.01% | 17.02% | 0.08x | 13.27x | $14.32 Million |
| 1998 | 18.84% | 17.84% | 0.08x | 13.38x | $16.42 Million |
| 1999 | 22.96% | 20.92% | 0.08x | 14.21x | $21.56 Million |
| 2000 | 21.29% | 21.94% | 0.08x | 12.54x | $22.12 Million |
| 2001 | 22.11% | 23.40% | 0.08x | 12.53x | $24.93 Million |
| 2002 | 20.97% | 27.20% | 0.07x | 11.48x | $25.76 Million |
| 2003 | 23.39% | 31.80% | 0.06x | 12.25x | $30.35 Million |
| 2004 | 25.04% | 33.11% | 0.06x | 12.68x | $33.96 Million |
| 2005 | 25.80% | 33.62% | 0.06x | 12.74x | $36.12 Million |
| 2006 | 18.92% | 24.62% | 0.06x | 13.20x | $21.37 Million |
| 2007 | 16.65% | 19.05% | 0.06x | 14.25x | $15.76 Million |
| 2008 | 14.44% | 18.00% | 0.05x | 14.86x | $10.47 Million |
| 2009 | 11.45% | 15.57% | 0.05x | 14.98x | $3.55 Million |
| 2010 | 11.48% | 16.02% | 0.05x | 15.48x | $3.78 Million |
| 2011 | 9.77% | 18.43% | 0.04x | 12.54x | $-764.60K |
| 2012 | 10.46% | 21.33% | 0.04x | 12.11x | $1.65 Million |
| 2013 | 11.00% | 23.31% | 0.04x | 12.50x | $3.63 Million |
| 2014 | 11.23% | 24.99% | 0.04x | 11.80x | $4.85 Million |
| 2015 | 10.22% | 23.83% | 0.04x | 11.46x | $907.00K |
| 2016 | 9.85% | 23.62% | 0.04x | 11.25x | $-667.60K |
| 2017 | 9.41% | 23.03% | 0.04x | 10.71x | $-2.69 Million |
| 2018 | 12.54% | 30.88% | 0.04x | 10.12x | $12.46 Million |
| 2019 | 10.75% | 27.45% | 0.04x | 9.70x | $4.01 Million |
| 2020 | 9.23% | 26.84% | 0.03x | 10.39x | $-4.36 Million |
| 2021 | 10.23% | 33.09% | 0.03x | 10.31x | $1.41 Million |
| 2022 | 12.54% | 36.55% | 0.03x | 10.00x | $15.24 Million |
| 2023 | 9.09% | 23.98% | 0.04x | 9.56x | $-5.88 Million |
| 2024 | 7.22% | 18.56% | 0.04x | 9.22x | $-18.80 Million |
| 2025 | 8.90% | 21.97% | 0.04x | 9.38x | $-7.52 Million |
Industry Comparison
This section compares TrustCo Bank Corp NY's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $25,670,820,700
- Average return on equity (ROE) among peers: 9.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TrustCo Bank Corp NY (TRST) | $686.59 Million | 17.60% | 8.38x | $733.46 Million |
| Ameris Bancorp (ABCB) | $120.94 Million | 10.83% | 9.48x | $4.91 Billion |
| ACNB Corporation (ACNB) | $2.75 Billion | 1.01% | 0.01x | $462.57 Million |
| Addiko Bank AG (ADBKF) | $839.50 Million | 5.41% | 6.63x | $210.07 Million |
| Affinity Bancshares Inc (AFBI) | $120.97 Million | 6.26% | 5.51x | $79.94 Million |
| Absa Group Limited (AGRPF) | $19.52 Billion | 23.08% | 14.72x | $6.72 Billion |
| AIB Group plc (AIBGY) | $14.46 Billion | -16.17% | 8.45x | $21.72 Billion |
| Akbank Turk Anonim Sirketi (AKBTY) | $211.22 Billion | 31.48% | 8.02x | $8.60 Billion |
| Alpha Bank SA (ALBKY) | $7.32 Billion | 8.44% | 8.89x | $1.12 Billion |
| Community Capital Bancshares Inc (ALBY) | $9.19 Million | 7.09% | 8.66x | $19.76 Million |
| Alpine Banks of Colorado (ALPIB) | $342.89 Million | 16.92% | 10.27x | $248.47 Million |