TrustCo Bank Corp NY (TRST) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of TrustCo Bank Corp NY stock $36.00, price $57.30, that is 37.2% below the price, quality 59 out of 100. Rating: strongly overvalued. Calculated from audited financials with 6 of our 26 valuation models and 37 quality factors, updated daily.
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TrustCo Bank Corp NY
TRST · USOur calculation puts a fair price 37% below what the stock costs today.
What runs behind every stock
69 individual criteria per stock, every one traceable See the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 5, 2026.
How to read this chart
60‑month range $21.74 – $59.11 · fair‑value band $33.51 – $40.28 · the $57.30 price screens above the $36.00 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 5, 2026.
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Company profile
TrustCo Bank Corp NY operates as the holding company for Trustco Bank that provides personal and business banking services to individuals and businesses. It accepts deposits; and offers loans and investments.
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The company also operates as a real estate investment trust that acquires, holds, and manages real estate mortgage assets, including residential mortgage loans and mortgage-backed securities.
In addition, it operates as the executor of estates and trustee of personal trusts; provides asset and wealth management, estate planning and related advice, and custodial services; and acts as trustee for various types of employee benefit plans, and corporate pension and profit-sharing trusts.
The company operates through banking offices in Albany, Columbia, Dutchess, Greene, Montgomery, Orange, Putnam, Rensselaer, Rockland, Saratoga, Schenectady, Schoharie, Ulster, Warren, Washington, and Westchester counties of New York; Brevard, Charlotte, Flagler, Hillsborough, Indian River, Lake, Manatee, Martin, Orange, Osceola, Palm Beach, Polk, Sarasota, Seminole, and Volusia counties in Florida; Bennington County in Vermont; Berkshire County in Massachusetts; and Bergen County in New Jersey, as well as automatic teller machines.
TrustCo Bank Corp NY was founded in 1902 and is headquartered in Glenville, New York.
Stock analysis
TrustCo Bank Corp NY (TRST) currently trades at $57.30, while our model-based Fair Value estimate is $36.00, 37% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of $44.85 per share, and 0 of the 6 models we run sit above the $57.30 price.
Bear case: the Dividend Discount group reads lowest at $18.24, and 6 of the 6 models stay below the price. Data coverage for this calculation is high.
Scenario range: $33.51 (bear) to $40.28 (bull), the price of $57.30 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 59/100 (solid quality), in the Financial Services sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
TrustCo Bank Corp NY reported revenue of $278M in FY2025 versus $186M in FY2021, a compound +10.6%/yr. Reported net income was $61.1M in FY2025, compounding −0.2%/yr from FY2021.
Key figures
Market cap $1.0B Small · P/E ratio 15.3 · P/S ratio 5.10 · EPS (TTM) $3.75 · Dividend yield 2.7% · Net margin 33.4% · Return on equity 10.0% · Return on assets (EBIT) 1.3% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 66 out of 100 (low confidence).
What moves the price
The share trades about 3% below its 52-week high and 53% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −28% fair-value upside, at −37%, TRST screens richer than that median.
Fair Value models
All 6 models by family
Quality Score breakdown
It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.
Insider trades
In the last 6 months, 2 officers or directors bought shares worth $41,279, most recently on Sep 2, 2026. Buying cluster
- BuyLauren Ann McCormickVP,Treasurer, Asst. Corp. Sec.2× since Aug 12, 2026: 539 shares, avg. $57.18$30,821Sep 2, 2026
- BuyLisa M LucarelliDirector2× since Nov 26, 2025: 400 shares, avg. $47.49$18,996Jun 4, 2026
- BuyFrank B SilvermanDirector105 shares at $46.18$4,849Apr 24, 2026
- BuyKevin M CurleyEXECUTIVE VICE PRESIDENT & COO588 shares at $42.55$25,019Mar 12, 2026
Plus one other filing such as a grant, option exercise or tax withholding. It is not a market purchase or sale.
Sales are often planned (taxes, diversification, 10b5-1 plans). Purchases with their own money are seen as the stronger sign. For information only: not part of the quality score or Fair Value.
Source: SEC Form 4, as of Nov 6, 2026. All filings at the SEC ↗
Revenue & earnings trend
TRST screens overvalued: fair value 37% below the price. Compare with China Merchants Bank Co →
Earlier news
- TrustCo Bank (TRST) Stock Can Q3 Earnings Justify Its Rich Valuation
- TrustCo outlines $27.8M-$28.2M quarterly expense range as it anticipates positive momentum into 2027
- Trustpilot (LSE:TRST) Stock May Trade At A Discount On Cash Flow
Compare TrustCo Bank Corp NY with another stock
Price, fair value, quality and upside side by side.
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Banks - Regional · 998 stocks
Valuation Multiplesvs Banks - Regional median · lower = cheaper
Strength profile in five axes (Snowflake)
VALUE 0: the price sits above our fair-value range.
HEALTH: for banks, insurers and similar financial firms borrowed money is part of the business, so we do not rate debt here.
Context: sector, industry, market
- Is the Financials sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Revenue growth by industry
- PEG ratio by industry
- PEG screener for stocks with fair value
- Undervalued stocks: US Stocks
- Valuation of the USA market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Banks - Regional stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value | Compare |
|---|---|---|---|---|
| Postal Savings Bank of China Co 601658 | ¥5.53 | ¥7.59 | +37% | vs TRST |
| China Merchants Bank Co 600036 | ¥42.88 | ¥52.73 | +23% | vs TRST |
| BNP Paribas SA BNP | €91.93 | €106.01 | +15% | vs TRST |
| Intesa Sanpaolo S.p.A ISP | €6.18 | €4.49 | −27% | vs TRST |
| State Bank of India SBIN | ₹1,019 | ₹736.65 | −28% | vs TRST |
| UniCredit S.p.A UCG | €76.80 | €50.44 | −34% | vs TRST |
| Mizuho Financial Group MFG | $9.40 | $5.90 | −37% | vs TRST |
| DBS Group D05 | 69.72 SGD | 40.39 SGD | −42% | vs TRST |
| HDFC Bank Limited HDFCBANK | ₹788.25 | ₹406.39 | −48% | vs TRST |
| ICICI Bank Limited ICICIBANK | ₹1,571 | ₹615.63 | −61% | vs TRST |
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Frequently asked questions
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Key figures of TrustCo Bank Corp NY
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