Trustco Bank Corp Ny · NASDAQ:TRST
Trustco Bank Corp Ny — Shareholder Meeting (May 2026)
12 slides from Trustco Bank Corp Ny's shareholder meeting presentation, May 20, 2026
Slide 1: 2026 Annual Meeting of Shareholders
TrustCo Bank Corp NY2026 Annual Meeting of Shareholders Robert J. McCormick Chairman, President, and CEO
Slide 2: State of the Bank
State of the Bank Highly Profitable and Effectively Managed Debt Free Deploying Capital Efficient Liquid Valuable Engaged Your Home Town Bank is:
Slide 3: Highly Profitable and Effectively Managed
Highly Profitable and Effectively Managed TrustCo’s Increasing NIM since Q1 2024 has been driven by effective loan repricing at higher yields and disciplined management of deposit costs 2025 Net Income: $61 Million
Slide 4: Deploying Capital
Deploying Capital TrustCo Share Repurchases: Current repurchase program began in 2019 One-million shares, or 5.3% of the outstanding shares in 2025 Two-million shares, or 11.1% of the outstanding shares, approved for 2026 Total shares repurchased since 2019 = 1,994,667 Dividends: TrustCo increased i
Slide 5: Efficient
Efficient Holding expense nearly flat while the loan portfolio reprices upward yields increasing net interest income
Slide 6: Investment Portfolio Mix
Investment Portfolio Mix Liquidity Strategy: TrustCo maintains a high level of federal funds and short-term investments, which generated $6.6 million in interest income in Q4 2025 alone, reflecting a strategy of keeping capital ready for its primary focus: residential lending Residential Mortgage-Ba
Slide 7: Valuable: TRST Stock Performance versus Bank Indices
TRST’s share price grew 51.58% outpacing the KBW Nasdaq Regional Bank Index by over 25%, and the S&P 600 Banks Index by 20% from April 2025 to April 2026. Valuable TRST Stock Performance versus Bank Indices April 2025 May June July August September October November December January February March Ap
Slide 8: We are engaged and listening!
We are engaged and listening! 25 Top holders invited 35 Percent of Shares Reached 100 Percent of Owners Expressing Interest Engaged 90+ Average Percent of Owners Voting to Support Board and Management 2026 Annual Meeting Results: A Literal Vote of Confidence!
Slide 9: Bob Leonard to Retire
Bob Leonard to Retire after 40 Years Corporate Secretary: 2003-2006 and 2009-2016
Slide 10: Questions? Thank you for attending!
Questions? Thank you for attending!
Slide 11: Peer Group
11 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 12: 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 “
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