TrustCo Bank (TRST) Reports Q2 EPS of $0.13

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TrustCo Announces 17% Increase in Second Quarter 2017 Earnings

July 21, 2017 4:00 PM EDT

Executive Snapshot:

Continued solid financial results: Key metrics for Second quarter of 2017 results: Net income of $12.2 million in the second quarter of 2017, up 17.0% compared to $10.5 million in the second quarter of 2016Return on average assets (ROA) of 1.00% compared to 0.88% in the second quarter of 2016Return on average equity (ROE) of 11.05% compared to 9.88% in the second quarter of 2016Efficiency ratio of 53.33% compared to 57.70% in the second quarter of 2016 (Non-GAAP measure; see P. 14 for definition)  Asset... More