---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-25-014716"
form_type: "8-K"
ticker: "TRST"
cik: "0000357301"
company_name: "TRUSTCO BANK CORP N Y"
filed_at: "2025-04-21T23:59:59+00:00"
generated_at: "2026-05-23T10:44:14.420390+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# TrustCo Q1 net income up 17.7% to $14.3M; announces share repurchase program

## Summary
- Diluted EPS of $0.75 vs $0.64 a year ago; net interest income rose 10.4% to $40.4M.
- Average loans grew $104.7M (2.1%) and deposits $103.3M (1.9%) year-over-year.
- Book value per share increased 6.0% to $36.16; equity-to-assets ratio improved to 10.85%.
- Authorized stock repurchase of up to 1 million shares (~5% of outstanding).
- Credit quality stable with NPLs at 0.37% of total loans; wealth management fees up 16.7%.

## SEC filing metadata
- accession: 0001140361-25-014716
- form_type: 8-K
- ticker: TRST
- cik: 0000357301
- company_name: TRUSTCO BANK CORP N Y
- filed_at: 2025-04-21T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/357301/000114036125014716/0001140361-25-014716-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/357301/000114036125014716/ef20047695_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-25-014716
- JSON: https://secwatch.observer/filing/0001140361-25-014716.json
- Plain text: https://secwatch.observer/filing/0001140361-25-014716.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.