TrustCo: 2Q Earnings Snapshot
GLENVILLE, N.Y. (AP) _ TrustCo Bank Corp. NY (TRST) on Monday reported second-quarter net income of $14.7 million.
The bank, based in Glenville, New York, said it had earnings of 15 cents per share.
The holding company for Trustco Bank posted revenue of $53.6 million in the period. Its revenue net of interest expense was $44.1 million, which beat Street forecasts.
TrustCo shares have risen 19% since the beginning of the year. In the final minutes of trading on Monday, shares hit $8.17, a fall of nearly 10% in the last 12 months.