Recap: Trustco Bank Q4 Earnings

Trustco Bank (NASDAQ:TRST) reported its Q4 earnings results on Monday, January 22, 2024 at 04:02 PM. Here’s what…

Trustco Bank (NASDAQ:TRST) reported its Q4 earnings results on Monday, January 22, 2024 at 04:02 PM.

Here’s what investors need to know about the announcement.

Earnings

Trustco Bank missed estimated earnings by 21.21%, reporting an EPS of $0.52 versus an estimate of $0.66.

Revenue was down $10.88 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.01 which was followed by a 4.28% drop in the share price the next day.

Here’s a look at Trustco Bank’s past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate 0.76 0.85 1.02 0.99
EPS Actual 0.77 0.86 0.93 1.10
Revenue Estimate 47.29M 49.58M 53.34M 52.32M
Revenue Actual 46.80M 48.65M 51.63M 53.96M

To track all earnings releases for Trustco Bank visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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