TRUSTCO BANK CORP NY (TRST)
US8983492047 - Common Stock
TRST gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 411 industry peers in the Banks industry. While TRST seems to be doing ok healthwise, there are quite some concerns on its profitability. TRST has a valuation in line with the averages, but on the other hand it scores bad on growth. TRST also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year TRST was profitable.
TRST had a positive operating cash flow in the past year.
Each year in the past 5 years TRST has been profitable.
In the past 5 years TRST always reported a positive cash flow from operatings.
1.2 Ratios
TRST's Return On Assets of 0.86% is in line compared to the rest of the industry. TRST outperforms 53.28% of its industry peers.
TRST has a Return On Equity (8.17%) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.86% | ||
| ROE | 8.17% | ||
| ROIC | N/A |
ROA(3y)1.07%
ROA(5y)1.04%
ROE(3y)10.62%
ROE(5y)10.37%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Profit Margin of TRST (29.47%) is better than 78.59% of its industry peers.
In the last couple of years the Profit Margin of TRST has declined.
The Operating Margin and Gross Margin are not available for TRST so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 29.47% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y0.11%
PM growth 5Y-2.13%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
TRST does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, TRST has about the same amount of shares outstanding.
Compared to 5 years ago, TRST has less shares outstanding
Compared to 1 year ago, TRST has an improved debt to assets ratio.
2.2 Solvency
TRST has a debt to FCF ratio of 1.89. This is a very positive value and a sign of high solvency as it would only need 1.89 years to pay back of all of its debts.
TRST's Debt to FCF ratio of 1.89 is fine compared to the rest of the industry. TRST outperforms 62.53% of its industry peers.
A Debt/Equity ratio of 0.15 indicates that TRST is not too dependend on debt financing.
The Debt to Equity ratio of TRST (0.15) is better than 66.91% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.15 | ||
| Debt/FCF | 1.89 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC13.55%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The earnings per share for TRST have decreased strongly by -29.78% in the last year.
Measured over the past years, TRST shows a decrease in Earnings Per Share. The EPS has been decreasing by -0.54% on average per year.
The Revenue for TRST has decreased by -12.55% in the past year. This is quite bad
Measured over the past years, TRST shows a small growth in Revenue. The Revenue has been growing by 1.24% on average per year.
EPS 1Y (TTM)-29.78%
EPS 3Y4.23%
EPS 5Y-0.54%
EPS growth Q2Q-31.18%
Revenue 1Y (TTM)-12.55%
Revenue growth 3Y3.64%
Revenue growth 5Y1.24%
Revenue growth Q2Q-19.79%
3.2 Future
The Earnings Per Share is expected to grow by 1.49% on average over the next years.
The Revenue is expected to grow by 0.96% on average over the next years.
EPS Next Y-15.88%
EPS Next 2Y1.49%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-7.55%
Revenue Next 2Y0.96%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 10.28, the valuation of TRST can be described as reasonable.
Compared to the rest of the industry, the Price/Earnings ratio of TRST is on the same level as its industry peers.
TRST's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 28.67.
The Price/Forward Earnings ratio is 9.04, which indicates a very decent valuation of TRST.
Based on the Price/Forward Earnings ratio, TRST is valued a bit cheaper than the industry average as 60.10% of the companies are valued more expensively.
TRST's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 20.15.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.28 | ||
| Fwd PE | 9.04 |
4.2 Price Multiples
TRST's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.94 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y1.49%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.87%, TRST is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 3.65, TRST pays a better dividend. On top of this TRST pays more dividend than 81.27% of the companies listed in the same industry.
TRST's Dividend Yield is rather good when compared to the S&P500 average which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.87% |
5.2 History
The dividend of TRST has a limited annual growth rate of 1.66%.
TRST has paid a dividend for at least 10 years, which is a reliable track record.
TRST has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)1.66%
Div Incr Years3
Div Non Decr Years13
5.3 Sustainability
51.56% of the earnings are spent on dividend by TRST. This is a bit on the high side, but may be sustainable.
The dividend of TRST is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP51.56%
EPS Next 2Y1.49%
EPS Next 3YN/A
TRUSTCO BANK CORP NY
NASDAQ:TRST (5/20/2024, 7:05:27 PM)
After market: 28.67 0 (0%)28.67
-0.98 (-3.31%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap545.30M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.87% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.28 | ||
| Fwd PE | 9.04 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.86% | ||
| ROE | 8.17% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | 29.47% | ||
| GM | N/A | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.15 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-29.78%
EPS 3Y4.23%
EPS 5Y
EPS growth Q2Q
EPS Next Y-15.88%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-12.55%
Revenue growth 3Y3.64%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y