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

Issuer:     TRUSTCO BANK CORP N Y (TRST)
CIK:        0000357301
Form:       8-K
Filed at:   2025-05-21T23:59:59+00:00
Accession:  0001140361-25-020049
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 5.07, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TrustCo Bank Q1 net income $14.3M, up 17% YoY; book value $36.16
----------------------------------------------------------------

- Q1 2025 net income $14.3M, up 17% from $12.1M in Q1 2024; diluted EPS $2.57 for FY2024.
- Book value per share $36.16, up $2.04 YoY; NIM (YTD) 2.64%.
- Loan growth 2.2% YoY; seven consecutive quarters of net recoveries.
- CET1 ratio 19.30%, Tier 1 leverage 11.05%; consolidated equity to assets 10.85%.
- Shareholders elected all nine director nominees with >89% support; auditor ratification with 97.87%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/357301/000114036125020049/0001140361-25-020049-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/357301/000114036125020049/ef20049522_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-25-020049

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