TRST
Income statement / Annual
Last year (2023), TrustCo Bank Corp NY's total revenue was $244.00 M,
an increase of 28.46% from the previous year.
In 2023, TrustCo Bank Corp NY's net income was $58.65 M.
See TrustCo Bank Corp NY’s key income statements, including revenue, expenses, profit, and income.
Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
12/31/2014 |
Operating Revenue |
$244.00 M
|
$189.95 M
|
$178.35 M
|
$170.75 M
|
$174.40 M
|
$178.77 M
|
$172.74 M
|
$165.07 M
|
$161.02 M
|
$161.36 M
|
Cost of Revenue |
$44.06 M |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
Gross Profit |
$199.94 M |
$189.95 M |
$178.35 M |
$170.75 M |
$174.40 M |
$178.77 M |
$172.74 M |
$165.07 M |
$161.02 M |
$161.36 M |
Gross Profit Ratio |
0.82 |
1 |
1 |
1 |
1 |
1 |
1 |
1 |
1 |
1 |
Research and Development
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
General & Administrative
Expenses |
$55.54 M
|
$49.06 M
|
$60.12 M
|
$55.62 M
|
$56.02 M
|
$52.35 M
|
$51.25 M
|
$48.69 M
|
$44.72 M
|
$42.14 M
|
Selling & Marketing
Expenses |
$1.88 M
|
$2.05 M
|
$1.98 M
|
$1.92 M
|
$2.52 M
|
$3.02 M
|
$2.58 M
|
$2.52 M
|
$2.59 M
|
$2.49 M
|
Selling, General &
Administrative Expenses |
$57.42 M
|
$51.11 M
|
$62.09 M
|
$57.54 M
|
$58.54 M
|
$55.37 M
|
$53.83 M
|
$51.21 M
|
$47.31 M
|
$44.62 M
|
Other Expenses |
-$34.49 M |
-$30.52 M |
-$158.30 M |
-$158.84 M |
-$156.43 M |
-$134.25 M |
-$135.23 M |
-$132.68 M |
-$125.38 M |
-$118.91 M |
Operating Expenses |
$34.49 M |
$2.05 M |
-$96.21 M |
-$101.30 M |
-$97.89 M |
-$78.89 M |
-$81.40 M |
-$81.47 M |
-$78.06 M |
-$74.28 M |
Cost And Expenses |
$166.38 M |
$2.05 M |
-$96.21 M |
-$101.30 M |
-$97.89 M |
-$78.89 M |
-$81.40 M |
-$81.47 M |
-$78.06 M |
-$74.28 M |
Interest Income |
$226.21 M |
$186.60 M |
$167.98 M |
$178.29 M |
$192.13 M |
$180.91 M |
$168.96 M |
$161.36 M |
$159.35 M |
$156.94 M |
Interest Expense |
$1.01 M |
$6.47 M |
$7.57 M |
$24.71 M |
$36.32 M |
$20.23 M |
$14.59 M |
$15.30 M |
$16.20 M |
$15.49 M |
Depreciation &
Amortization |
$10.79 M
|
$10.55 M
|
$10.58 M
|
$10.14 M
|
$9.99 M
|
$4.11 M
|
$3.82 M
|
$4.04 M
|
$4.55 M
|
$4.78 M
|
EBITDA |
$84.58 M
|
$105.88 M
|
$92.74 M
|
$79.62 M
|
$86.45 M
|
$103.99 M
|
$95.16 M
|
$87.63 M
|
$87.51 M
|
$91.85 M
|
EBITDA Ratio |
0.35 |
0.56 |
0.52 |
0.47 |
0.5 |
0.58 |
0.55 |
0.53 |
0.54 |
0.57 |
Operating Income Ratio
|
0.34
|
0.5
|
0.46
|
0.41
|
0.44
|
0.56
|
0.53
|
0.51
|
0.52
|
0.54
|
Total Other
Income/Expenses Net |
$77.61 M
|
$4.09 M
|
$82.13 M
|
$69.45 M
|
$76.51 M
|
-$20.23 M
|
-$14.59 M
|
-$15.30 M
|
-$16.20 M
|
-$15.49 M
|
Income Before Tax |
$77.61 M |
$99.42 M |
$82.13 M |
$69.45 M |
$76.51 M |
$79.65 M |
$76.75 M |
$68.29 M |
$66.76 M |
$71.59 M |
Income Before Tax Ratio
|
0.32
|
0.52
|
0.46
|
0.41
|
0.44
|
0.45
|
0.44
|
0.41
|
0.41
|
0.44
|
Income Tax Expense |
$18.97 M |
$24.18 M |
$20.61 M |
$16.99 M |
$18.67 M |
$18.21 M |
$33.60 M |
$25.69 M |
$24.52 M |
$27.40 M |
Net Income |
$58.65 M |
$75.23 M |
$61.52 M |
$52.45 M |
$57.84 M |
$61.45 M |
$43.15 M |
$42.60 M |
$42.24 M |
$44.19 M |
Net Income Ratio |
0.24 |
0.4 |
0.34 |
0.31 |
0.33 |
0.34 |
0.25 |
0.26 |
0.26 |
0.27 |
EPS |
3.08 |
3.93 |
3.19 |
2.72 |
2.99 |
3.18 |
2.25 |
2.23 |
2.22 |
2.34 |
EPS Diluted |
3.08 |
3.93 |
3.19 |
2.72 |
2.98 |
3.18 |
2.24 |
2.23 |
2.22 |
2.33 |
Weighted Average Shares
Out |
$19.02 M
|
$19.13 M
|
$19.26 M
|
$19.30 M
|
$19.37 M
|
$19.30 M
|
$19.22 M
|
$19.11 M
|
$19.02 M
|
$18.93 M
|
Weighted Average Shares
Out Diluted |
$19.03 M
|
$19.13 M
|
$19.26 M
|
$19.30 M
|
$19.39 M
|
$19.33 M
|
$19.24 M
|
$19.13 M
|
$19.04 M
|
$18.95 M
|
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