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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 $27.40, up 0.4% from the previous day, and has decreased 26.36% in one year. It has underperformed other stocks in the Banks - Regional industry by 0.22 percentage points. Trustco Bank N Y stock is currently +15.22% from its 52-week low of $23.78, and -26.23% from its 52-week high of $37.14.

At the moment, there are 19.02M TRST shares outstanding. The market capitalization of TRST is $521.27M. In the past 24 hours, 75,989 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.
  1. 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.
  2. Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Put funds into your brokerage account: Pick your method of payment and add your details.
  4. 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).
  5. 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.
  6. 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.

A brokerage account is an investment account that allows you to buy and sell a variety of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 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.

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  2. Enter your personal details to start a new brokerage account.
  1. Submit your info by clicking the "Create Account" button.
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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.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

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 Price
$27.40
1w %
-1.79%
1y %
-26.36%
5y %
-34.84%
P/E
7.5x
P/B
0.84x
P/S
2.59x
PEG
1.72x
Revenue
$201.09M
Earnings
$69.71M
Fore. Rev. Growth
-11.73%
Fore. Earn. Growth
N/A
Market Cap
$521.27M
Next Earnings
Apr 22, 2024
Next Dividend
Apr 1, 2024

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 7.5x, relative to Banks - Regional industry P/E ratio of -9.95x
  • TRST could be undervalued based on its P/B ratio of 0.84x, relative to Banks - Regional industry P/B ratio of 0.98x
  • TRST may be overvalued based on its PEG ratio of 1.72x

You can access more valuation analysis on TRST's stock here.

TRST Financial Health Summary

Signs that TRST is financially healthy:

  • TRST's operating cash flow of $69.12M allows it to safely service it's debt of $148.53M.
  • Total TRST debt is lower than 5 years ago, relative to shareholder equity.
  • TRST earnings of $92.22M is not enough to cover its interest payments.

Signs that TRST is not financially healthy:

  • TRST profit margin has gone down from 36.4% to 34.7% in the past year.
  • TRST has a relatively high debt to equity ratio of 8.7.

You can dive deeper into what analysts are projecting on the Trustco Bank N Y stock forecast page.

Metrics for Advanced TRST Traders

SMA10
27.66
SMA20
27.68
SMA50
29.17
SMA100
28.31
SMA200
28.59
MACD
-0.43
MACD Signal
-0.43
MACD Histogram
0.01
RSI
41.25
Stochastic %K
26.27
Stochastic %D
29.65
StochRSI %K
35.14
StochRSI %D
46.62

TRST Performance Numbers

Last year, TRST earnings were $69.71M. Over the past five year, TRST's earnings have increased by 5.97% per year. This was slower than the Banks - Regional industry average of 18.79%.

Last year, TRST revenue was $201.09M. In the last five year, TRST's revenue has gone up by 2.71% per year. This was slower than the Banks - Regional industry average of 7.06%.

Learn more about TRST's earnings and revenue performance here.

What are TRST executives and large shareholders up to?

In the past year, executives and large shareholders at TRST have bought more shares than they have sold.

Kevin M. Curley, EXECUTIVE VICE PRESIDENT COO of TRST, was the latest TRST insider to buy. They bought $25,006.80 worth of TRST shares on Feb 13, 2024.

Get more info about who owns TRST shares here.

Does TRST provide a stable income stream?

Trustco Bank N Y pays a dividend of 5.26%, compared to the Banks - Regional industry's average dividend yield of 3.73%. If you owned $1,000 of TRST stock, you would have been paid $52.55 last year.

Trustco Bank N Y dividend payments have consistently grown over the past decade and have remained stable.

Get more data about Trustco Bank N Y dividend yield and history here.

What others are saying about TRST

One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.

Click below to see what other investors have to say.

Step 5: Make your TRST purchase

You have two primary order types:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are usually sufficient.
  • 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 a specific price, use a limit order.

Click the Open Trade button and eToro will place your order.

If you want additional help with buying stocks on eToro, watch the how to video below:

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Step 6: Watch your TRST position

Now that you own some shares in TRST, you'll want to keep up with your new company.

Make a watchlist to track your TRST stock.

TRST Feed

How to Buy Stock in Trustco Bank N Y

To reiterate, here are the 6 steps to buy Trustco Bank N Y stock:

  1. Decide where to buy Trustco Bank N Y stock
  2. Sign up for your brokerage account
  3. Put funds into your brokerage account
  4. Research Trustco Bank N Y stock
  5. Make your TRST purchase
  6. Watch your TRST position

If you need a online brokerage, eToro is our favorite option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to track your investment in Trustco Bank N Y, click below.

NASDAQ: TRST
$27.40+0.11 (+0.4%)
Updated Mar 1, 2024
Open eToro Account
NASDAQ: TRST
$27.40+0.11 (+0.4%)
Updated Mar 1, 2024
Open eToro Account

FAQ

How much does it cost to buy one Trustco Bank N Y share?

As of Mar 1, 2024, it costs $27.40 to buy one share of Trustco Bank N Y stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.365 shares of TRST.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Trustco Bank N Y stock?

One way to place an order for Trustco Bank N Y stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.