secwatch.observer — SEC 8-K summary
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Issuer:     TRUSTCO BANK CORP N Y (TRST)
CIK:        0000357301
Form:       8-K
Filed at:   2026-07-21T20:00:34+00:00
Accession:  0001140361-26-029118
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TrustCo Q2 net income $17M, EPS $0.98 (+24% YoY); net interest margin expands to 2.87%
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- Net income $17.0M, diluted EPS $0.98, up 12.8% and 24.1% YoY respectively.
- Net interest income $45.6M (+9.2% YoY); net interest margin 2.87% (+16 bps).
- Average loans and deposits each grew 3.8% YoY; residential loans +3.2%, HECLs +10.4%.
- Repurchased 1M shares in H1 2026; on pace to buy back 3M shares (15.8% of outstanding) by year-end.
- Nonperforming loans $21.8M (0.40% of loans) vs $17.9M (0.35%) a year ago; ACL coverage 248.6%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/357301/000114036126029118/0001140361-26-029118-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/357301/000114036126029118/ef20078312_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-26-029118

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