Loans Reach Another All-Time High, Credit Quality Remains Solid; TrustCo Reports Net Income of $12.1 Million and Capital Up 3%

April 22, 2024

https://www.globenewswire.com/news-release/2024/04/22/2867194/16143/en/Loans-Reach-Another-All-Time-High-Credit-Quality-Remains-Solid-TrustCo-Reports-Net-Income-of-12-1-Million-and-Capital-Up-3.html

Executive Snapshot:

GLENVILLE, N.Y., April 22, 2024 (GLOBE NEWSWIRE) —

TrustCo Bank Corp NY (TrustCo, NASDAQ:TRST) today announced first quarter 2024 net income of $12.1 million or $0.64 diluted earnings per share, compared to net income of $17.7 million or $0.93 diluted earnings per share for the first quarter 2023. Average loan growth increased 5.2% or $249.4 million for the first quarter 2024 over the same period in 2023.

Read more at globenewswire.com

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