TrustCo Bank (TRST) Reports In-Line Q1 EPS

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TrustCo Announces First Quarter 2015 Earnings; Core Net Income Up 7%

April 21, 2015 4:00 PM EDT

Executive Snapshot:

Continued strong financial results: Core net income for first quarter 2015 compared to the same period in 2014: Core net income up 6.7%; Core diluted EPS up 6.1%; GAAP earnings for the first quarter of 2015 compared to the same period in 2014: Net income down 2.7% Diluted EPS down 2.6% Return on average assets (ROA) of 0.93% Return on average equity (ROE) of 10.91% Efficiency ratio of 54.18% Asset quality improvement: Asset quality measures continued to improve or remain... More