Benzinga | Oct 21, 2020 05:05PM EDT

Trustco Bank: Q3 Earnings Insights

Shares of Trustco Bank (NASDAQ:TRST) rose 2.35% in after-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share decreased 3.95% over the past year to $0.15, which beat the estimate of $0.12.

Revenue of $42,507,000 declined by 2.44% from the same period last year, which beat the estimate of $42,500,000.

Looking Ahead

Trustco Bank hasn't issued any earnings guidance for the time being.

Trustco Bank hasn't issued any revenue guidance for the time being.

Technicals

52-week high: $9.10

Company's 52-week low was at $4.30

Price action over last quarter: down 8.14%

Company Description

Trustco Bank Corp N Y is a savings and loan holding company. The core part of a business consists of accepting deposits and making loans and investments. It offers a range of both personal and business banking services. The company's product includes savings accounts; retirement accounts; money market account; mortgages; building loans; auto loans and others.