TrustCo reports Q4 net income $11.3M, up 15% YoY; full-year net income falls to $48.8M

TRUSTCO BANK CORP N Y

2024-FY EPS reported $2.57

Q4 2024 net income $11.3M ($0.59 diluted EPS) vs $9.8M ($0.52) in Q4 2023.
Net interest income $38.9M, up $0.3M YoY; net interest margin 2.15% down 6 bp.
Average loans grew 2.1% YoY; home equity lines up 17.9%; deposits up 0.6%.
Full-year net income $48.8M ($2.57 EPS) vs $58.6M ($3.08) in 2023.
Capital solid: equity/assets 10.84%, book value $35.56 (+4.8% YoY).

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.