How to Buy Trustco Bank N Y Stock
Trustco Bank Corp N Y
TrustCo Bank Corp NY operates as the holding company for Trustco Bank, a federal savings bank that provides personal and business banking services to individuals, partnerships, and corporations.
Trustco Bank N Y stock last closed at $27.61, up 0.95% from the previous day, and has decreased 3.76% in one year. It has underperformed other stocks in the Banks - Regional industry by 0.29 percentage points. Trustco Bank N Y stock is currently +16.11% from its 52-week low of $23.78, and -13.99% from its 52-week high of $32.10.
At the moment, there are 19.02M TRST shares outstanding. The market capitalization of TRST is $525.26M. In the past 24 hours, 54,423 TRST shares were traded.
How to Buy Trustco Bank N Y Stock
Wondering how to invest in Trustco Bank N Y stock? Here's how.
- Decide where to buy Trustco Bank N Y stock: You need to decide on a stock brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you choose where to buy Trustco Bank N Y stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Put funds into your brokerage account: Pick your method of payment and add your details.
- Research Trustco Bank N Y stock: The Trustco Bank N Y ticker symbol is TRST. Is Trustco Bank N Y stock a good investment? Should you buy shares of TRST? How do TRST's underlying business fundamentals look? Do top analysts think Trustco Bank N Y is a good buy? Why has TRST's stock price moved recently? (Hint: Our stock analysis website can help you understand if TRST is a good stock to buy).
- Make your TRST purchase: Decide if you will purchase TRST shares at the current market price or use a limit order to buy TRST shares at a particular price.
- Watch your TRST position: Create a watchlist to keep tabs on your position in Trustco Bank N Y shares.
Step 1: Decide where to buy Trustco Bank N Y stock
You will need a brokerage account to access the NASDAQ market and buy TRST shares.
Our recommended brokerage: eToro
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Get $10 towards your purchase of shares by opening an account with eToro now.
Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've chosen your brokerage, it's time to fill out some personal information so you are able to buy TRST today.
How to Create a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to start a new brokerage account.
- Submit your info by clicking the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you've finished signing up on one of the best stock trading apps, you need to deposit funds:
Check out the walkthrough below for more details transferring funds into your new investment account.
Step 4: Research Trustco Bank N Y stock
Once you have identified the best place to buy Trustco Bank N Y stock, it's absolutely critical to evaluate their stock before you buy, so you truly comprehend the risk and opportunity.
Trustco Bank N Y Numbers
TRST Fundamentals
WallStreetZen was built to help average investors do more in-depth fundamental analysis in less time.
You can view all of the due diligence checks on TRST's stock page.
Is TRST stock overvalued?
You can use many financial metrics, analyses, models, and charts to gauge TRST's intrinsic value.
Using relative valuations methods:
- TRST could be undervalued based on its P/E ratio of 8.96x, relative to Banks - Regional industry P/E ratio of -9.72x
- TRST could be undervalued based on its P/B ratio of 0.81x, relative to Banks - Regional industry P/B ratio of 0.99x
You can do additional valuation research on TRST's stock here.
TRST Financial Summary
Signs that TRST is financially healthy:
- TRST's operating cash flow of $64.13M allows it to safely service it's debt of $133.46M.
- TRST earnings of $77.61M is not enough to cover its interest payments.
- Total TRST debt is lower than 5 years ago, relative to shareholder equity.
Signs that TRST is not financially healthy:
- TRST has a relatively high debt to equity ratio of 8.56.
- TRST profit margin has gone down from 37.7% to 31% in the past year.
You can dig deeper into what analysts are saying on the Trustco Bank N Y stock forecast page.
TRST Technical Indicators
TRST Revenue
Last year, TRST earnings were $58.65M. During the past 5 year, TRST's earnings have increased by -0.67% per year. This was slower than the Banks - Regional industry average of 16.14%.
Last year, TRST revenue was $188.91M. During the past five year, TRST's revenue has gone up by 1.27% per year. This was slower than the Banks - Regional industry average of 7.57%.
Dive into TRST's earnings and revenue performance here.
Latest Insiders Trades at TRST
In the past 12 months, executives and large shareholders at TRST have sold more shares than they have bought.
Michael James Hall, GENERAL COUNSEL SECRETARY of TRST, was the latest TRST insider to buy. They bought $13,700.00 worth of TRST shares on Mar 12, 2024.
Dig into more about who owns TRST shares here.
Can I get consistent income from TRST stock?
Trustco Bank N Y pays a dividend of 5.22%, compared to the Banks - Regional industry's average dividend yield of 3.8%. If you owned $1,000 worth of TRST stock, you would have received $52.16 in the past 12 months.
Trustco Bank N Y dividend payments have consistently grown over the past decade and have remained stable.
Get more info about Trustco Bank N Y dividend yield and history here.
Get analysis from other investors
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
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Step 5: Make your TRST purchase
You have two main order types:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are mostly fine. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at an exact dollar amount, use a limit order.
Hit the Open Trade button and your broker will place the order.
If you need additional info about investing in stocks on eToro, click the helpful video below:
Step 6: Watch your TRST position
Now that you own some shares in TRST, you'll want to stay up-to-date on your stock purchase.
Add TRST to a watchlist to monitor your TRST stock.
TRST Feed
How to Buy Stock in Trustco Bank N Y
To reiterate, here are the 6 steps for buying Trustco Bank N Y stock:
- Decide where to buy Trustco Bank N Y stock
- Sign up for your brokerage account
- Put funds into your brokerage account
- Research Trustco Bank N Y stock
- Make your TRST purchase
- Watch your TRST position
If you are looking for a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you want to keep track of your new investment in Trustco Bank N Y, add TRST to your watchlist below.
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