TrustCo Bank Corp NY (NASDAQ:TRST) reported its second-quarter 2025 earnings, delivering a mixed performance relative to analyst expectations. The regional bank posted net income of $15.0 million, or $0.79 per diluted share, surpassing the consensus EPS estimate of $0.714. However, revenue came in slightly below expectations at $46.6 million, compared to the projected $47.4 million.
Key Earnings Highlights:
- Net Income Growth: Net income rose 19.8% year-over-year, driven by improved net interest income and margin expansion.
- Net Interest Income: Increased by 10.5% to $41.7 million, supported by higher loan yields and disciplined deposit cost management.
- Net Interest Margin (NIM): Expanded to 2.71%, up from 2.53% in Q2 2024, reflecting favorable asset repricing.
- Loan Growth: Average loans grew by 2.3% ($115.6 million) compared to the prior-year period, signaling steady demand.
Market Reaction
Despite the earnings beat, the stock showed muted after-hours movement, trading flat following the release. Over the past month, shares have gained nearly 14.7%, suggesting some optimism may have already been priced in ahead of the report. The lack of a strong post-earnings rally could reflect investor caution around the slight revenue miss or broader macroeconomic concerns affecting regional banks.
Outlook & Analyst Estimates
Looking ahead, analysts project Q3 2025 EPS of $0.765 on revenue of $48.6 million. For the full year, estimates stand at $2.9784 EPS and $192.1 million in sales. TrustCo did not provide explicit forward guidance in its press release, but its emphasis on loan growth and margin stability suggests confidence in maintaining profitability.
For a deeper dive into TrustCo’s earnings trends and future estimates, see the full breakdown here.
Disclaimer: This article is for informational purposes only and does not constitute investment advice.
