TrustCo Bank Corp NY Net Assets
TrustCo Bank Corp NY net assets. Based on the latest financial reports, TrustCo Bank Corp NY (TRST) has net assets worth $670.92 Million USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($6.51 Billion) and total liabilities ($5.84 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. Also explore TrustCo Bank Corp NY (TRST) equity growth momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $670.92 Million |
| % of Total Assets | 10.31% |
| Annual Growth Rate | 7.35% |
| 5-Year Change | 14.22% |
| 10-Year Change | 58.68% |
| Growth Volatility | 14.66 |
Net Assets of TrustCo Bank Corp NY (1989–2025)
Net assets of TrustCo Bank Corp NY from 1989 to 2025. This chart illustrates how TrustCo Bank Corp NY's net assets have evolved over time, based on quarterly financial data. See TrustCo Bank Corp NY (TRST) balance sheet quality index to measure how much of total assets are equity-financed.
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. For live market cap and overall valuation, see TRST market cap overview.
| 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.
TrustCo Bank Corp NY Net Assets Breakdown (December 2025)
TrustCo Bank Corp NY net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $480.00 Million | 69.91% |
| Common Stock | $20.12 Million | 2.93% |
| Other Comprehensive Income | $270.36 Million | 39.38% |
| 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 |
|---|---|
|
Alumis Inc
NASDAQ:ALMS
|
$847.80 Million |
|
Morguard Corporation
TO:MRC
|
$847.99 Million |
|
Barrett Business Services Inc
NASDAQ:BBSI
|
$848.18 Million |
|
Cosmoam&T
KO:005070
|
$848.29 Million |
|
Fujian Guanfu Modern Household Wares Co Ltd
SHE:002102
|
$847.69 Million |
|
Bangkok Chain Hospital Public Company Limited
BK:BCH
|
$847.24 Million |
|
Lontium Semiconductor Corp. A
SHG:688486
|
$847.13 Million |
|
Zhejiang Hailide New Material Co Ltd
SHE:002206
|
$846.94 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.
- Dividend payments of 27,620,000 reduced retained earnings.
- Share repurchases of 38,134,000 reduced equity.
- Other comprehensive income increased equity by 274,218,000.
- Other factors decreased equity by 259,355,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $61.14 Million | +8.9% |
| Dividends Paid | $27.62 Million | -4.02% |
| Share Repurchases | $38.13 Million | -5.55% |
| Other Comprehensive Income | $274.22 Million | +39.94% |
| Other Changes | $-259.36 Million | -37.77% |
| 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: 1.55x
- 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 10.39x to 1.55x 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 | $58.10 | x |
| 1990-12-31 | $6.23 | $58.10 | x |
| 1991-12-31 | $10.43 | $58.10 | x |
| 1992-12-31 | $8.59 | $58.10 | x |
| 1993-12-31 | $9.20 | $58.10 | x |
| 1994-12-31 | $8.82 | $58.10 | x |
| 1995-12-31 | $11.08 | $58.10 | x |
| 1996-12-31 | $14.71 | $58.10 | x |
| 1997-12-31 | $16.10 | $58.10 | x |
| 1998-12-31 | $12.64 | $58.10 | x |
| 1999-12-31 | $11.25 | $58.10 | x |
| 2000-12-31 | $13.41 | $58.10 | x |
| 2001-12-31 | $14.02 | $58.10 | x |
| 2002-12-31 | $15.74 | $58.10 | x |
| 2003-12-31 | $15.05 | $58.10 | x |
| 2004-12-31 | $15.04 | $58.10 | x |
| 2005-12-31 | $15.16 | $58.10 | x |
| 2006-12-31 | $15.93 | $58.10 | x |
| 2007-12-31 | $15.77 | $58.10 | x |
| 2008-12-31 | $15.57 | $58.10 | x |
| 2009-12-31 | $16.06 | $58.10 | x |
| 2010-12-31 | $16.60 | $58.10 | x |
| 2011-12-31 | $19.90 | $58.10 | x |
| 2012-12-31 | $19.16 | $58.10 | x |
| 2013-12-31 | $19.20 | $58.10 | x |
| 2014-12-31 | $20.76 | $58.10 | x |
| 2015-12-31 | $21.70 | $58.10 | x |
| 2016-12-31 | $22.62 | $58.10 | x |
| 2017-12-31 | $23.82 | $58.10 | x |
| 2018-12-31 | $25.34 | $58.10 | x |
| 2019-12-31 | $27.77 | $58.10 | x |
| 2020-12-31 | $29.43 | $58.10 | x |
| 2021-12-31 | $31.21 | $58.10 | x |
| 2022-12-31 | $31.36 | $58.10 | x |
| 2023-12-31 | $33.92 | $58.10 | x |
| 2024-12-31 | $35.53 | $58.10 | x |
| 2025-12-31 | $37.46 | $58.10 | 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: $627,551,500
- Average return on equity (ROE) among peers: 7.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TrustCo Bank Corp NY (TRST) | $670.92 Million | 17.60% | 8.70x | $847.70 Million |
| Ameris Bancorp (ABCB) | $239.36 Million | -1.64% | 9.06x | $4.95 Billion |
| Ameris Bancorp (ABCB) | $68.20 Million | 10.85% | 9.15x | $5.65 Billion |
| ACNB Corporation (ACNB) | $110.02 Million | 9.35% | 8.91x | $645.30 Million |
| Affinity Bancshares Inc (AFBI) | $45.08 Million | 2.57% | 4.16x | $140.18 Million |
| Alerus Financial Corp (ALRS) | $359.40 Million | 14.66% | 8.44x | $829.34 Million |
| Amalgamated Bank (AMAL) | $344.07 Million | 1.78% | 10.75x | $1.27 Billion |
| Amerant Bancorp Inc. (AMTB) | $753.45 Million | 5.71% | 10.20x | $979.96 Million |
| Arrow Financial Corporation (AROW) | $166.38 Million | 13.18% | 10.80x | $724.09 Million |
| Associated Banc-Corp (ASB) | $4.09 Billion | 7.50% | 7.17x | $5.91 Billion |
| AmeriServ Financial Inc (ASRV) | $98.61 Million | 6.11% | 10.88x | $78.95 Million |
About 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