TrustCo Bank (TRST) Tops Q3 EPS by 13c

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TrustCo Reports Another Record Quarter; Net Income of $19.4 Million up 15.5% over the Prior Year Quarter

October 24, 2022 4:00 PM EDT

GLENVILLE, N.Y., Oct. 24, 2022 (GLOBE NEWSWIRE) -- TrustCo Bank Corp NY (TrustCo, NASDAQ: TRST) today announced third quarter 2022 net income of $19.4 million or $1.013 diluted earnings per share, compared to net income of $16.8 million or $0.871 diluted earnings per share for the third quarter 2021. On a year-to-date basis, net income of $54.3 million or $2.835 diluted earnings per share for the nine months ended September 30, 2022 was an increase of 20.0%, compared to net income of $45.3 million or $2.349 diluted earnings per share for the nine months ended September 30, 2021.

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