TrustCo Bank Q2 FY26 net income rises 12.8% to $17 million

Reuters2026/07/21 20:01

By:Reuters

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TrustCo posted Q2 2026 net income of USD 17 million, up 12.8% from a year earlier; diluted EPS rose 24.1% to USD 0.98.
Net interest income climbed 9.2% to USD 45.6 million; net interest margin widened 0.16 percentage points to 2.87%.
Average loans increased USD 197.5 million, or 3.8%, year over year; average deposits rose USD 208.6 million, or 3.8%.
Booked a USD 844,000 unrealized gain on equity securities tied to a Visa share conversion; retained the resulting Visa Class C shares.
Repurchased 1,000,000 shares in H1 2026, or 5.6% of outstanding stock; targets 3,000,000 shares, or 15.8%, by end-2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TrustCo Bank Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607211600PRIMZONEFULLFEED9765754) on July 21, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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TrustCo Bank Q2 FY26 net income rises 12.8% to $17 million

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