Trustco Bank Corp Ny · NASDAQ:TRST
Trustco Bank Corp Ny — Shareholder Meeting (May 2025)
14 slides from Trustco Bank Corp Ny's shareholder meeting presentation, May 21, 2025
Slide 1: TrustCo Bank Corp NY 2025 Annual Meeting of Shareholders
TrustCo Bank Corp NY2025 annual meeting of shareholders Robert J. McCormick Chairman, President, and CEO
Slide 2: Company Profile
TrustCo Bank Corp NY 2 Company Profile Assets: $6.3bn Gross Loans: $5.1bn Deposits: $5.5bn Q1 2025 Financial Highlights Company Overview Headquarters Glenville, NY Founded 1902 Ticker NASDAQ: TRST Market Cap(1) 602m Branches(2) 136 Employees 740 Institutional Ownership 68.57% Leadership: Chairman, P
Slide 3: Longevity of our Branches
Longevity of our Branches Mont Pleasant, NY Brandywine, NY Upper Union, NY Mayfair, NY Troy, NY 123 Years Strong Main Office: 1902
Slide 4: Recent Branch Relocations
Recent Branch Relocations Western Avenue Branch 1450 Western Ave Albany, NY 12203 Relocated from Stuyvesant Plaza Drive-through added Opened April 2025 Glens Falls Branch 37 Bay Street Glens Falls, NY 12801 Increased customer accessibility Drive-through added Opened April 2025
Slide 5: Pillar of Strength
Pillar of Strength Solid Earnings Noninterest income $19.8m Net Income $48.8m Diluted Earnings per Share $2.57 an 8% increase over the prior year Strong Balance Sheet Total Deposits $5.4 billion CET1 19.30% Tier 1 Leverage Ratio 11.05% Healthy Returns Total shareholder return $106.14 ROATCE 8.49% RO
Slide 6: Q1 2025 Performance Highlights
6 Q1 2025 Performance Highlights 2.64% Net Interest Margin (YTD) 2.2% Loan Growth (since Q1 2024) 0.37% NPLs to Total Loans $36.16 Book Value Per Share Year over year loan growth of $104.7 million on average, or 2.1%. Loan portfolio continues to reach new highs, quarter after quarter Continued stron
Slide 7: Consistent, Organic, Loan Growth
Consistent, Organic, Loan Growth 7 3.6% annualized growth since 2010, and an 2.2% increase since the first quarter of 2024 TrustCo Bank Corp NY Annual Meeting 2025
Slide 8: Consistently Strong Credit Quality Compared to Peers
Consistently Strong Credit Quality Compared to Peers 8 Net Charge-Offs (Recoveries) / Average Loans TrustCo continues to demonstrate exemplary credit quality through its sound underwriting and loan servicing 1 See slide 12 for a list of the companies that comprise TrustCo’s peer group. TrustCo Bank
Slide 9: Strong Capital Levels Compared to Peers
As of December 31, 2023 TrustCo Bank Corp NY 9 Strong Capital Levels Compared to Peers Common Equity Tier 1 Ratio: TRST consistently outranks its peer group in strength of Capital (%) TrustCo Bank Corp NY Annual Meeting 2025
Slide 10: Reliable Dividends Paid to our Shareholders Since 1904
TrustCo Bank Corp NY Annual Meeting 2025 10 Increases shown are a percent change from prior amount. Source: Blooomberg and S&P Capital IQ Reliable Dividends Paid to our Shareholders Since 1904 $782 million paid in dividends to shareholders since 2000 TRST’s dividend yield ranks in the top 90th perce
Slide 11: TrustCo in the Community
TrustCo in the Community TrustCo Bank Corp NY Annual Meeting 2025 11 Financial Literacy Class in Florida Just Our Soldiers’ Helpers – JOSH Greenwich Chamber of Commerce Lighted Tractor Parade Ronald McDonald House Charities Trustco Bank Home Town House
Slide 12: Questions? Thank you for Attending
Questions? 12 Thank you for Attending
Slide 13: Peer Group
13 Peer Group Institution Ticker City State Arrow Financial Corp. AROW Glens Falls NY BCB Bancorp Inc. BCBP Bayonne NJ Capital City Bank Group Inc. CCBG Tallahassee FL CNB Financial CCNE Clearfield PA Columbia Financial CLBK Fair Lawn NJ ConnectOne Bancorp Inc. CNOB Englewood Cliffs NJ Financial Ins
Slide 14: Appendix A: Forward-Looking Statements
Appendix A Forward-Looking Statements All statements in this presentation that are not historical are forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as "
Trustco Bank Corp N Y — Shareholder Meeting (May 2025) on 6ix