TrustCo Bank (TRST) Reports In-Line Q2 EPS

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TrustCo Announces Third Quarter 2016 Earnings

October 21, 2016 4:00 PM EDT

Executive Snapshot:

Continued solid financial results: Key metrics for third quarter of 2016 results: Net income of $10.9 million in the third quarter of 2016 compared to $10.5 million in the second quarter of 2016 and $10.6 million in the third quarter of 2015Operating expenses decreased $415 thousand in the third quarter of 2016 compared to the third quarter of 2015Return on average assets (ROA) of 0.90%Return on average equity (ROE) of 10.05%Efficiency ratio of 54.11% (Non-GAAP measure; see below for definition) ... More