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

Issuer:     TRUSTCO BANK CORP N Y (TRST)
CIK:        0000357301
Form:       8-K
Filed at:   2025-07-21T23:59:59+00:00
Accession:  0001140361-25-026603
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TrustCo Q2 net income up 19.8% to $15.0M; EPS $0.79; NIM expands 18 bps to 2.71%
--------------------------------------------------------------------------------

- Net income $15.0M ($0.79 diluted EPS) vs $12.6M ($0.66) in Q2 2024, up 19.8%.
- Net interest income $41.7M, up 10.5% YoY; net interest margin 2.71% vs 2.53%.
- Average loans +$115.6M (+2.3% YoY); home equity lines up 18%; commercial loans +11%.
- Repurchased 169k shares (0.9% of shares outstanding) during Q2 2025.
- NPLs fell to $17.9M (0.35% of loans) from $19.2M; allowance coverage ratio 286.2%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/357301/000114036125026603/0001140361-25-026603-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/357301/000114036125026603/ef20052260_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-25-026603

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