secwatch.observer — SEC 8-K summary
======================================

Issuer:     TRUSTCO BANK CORP N Y (TRST)
CIK:        0000357301
Form:       8-K
Filed at:   2025-01-21T23:59:59+00:00
Accession:  0001140361-25-001525
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/357301/000114036125001525/0001140361-25-001525-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/357301/000114036125001525/ef20041842_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-25-001525

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer