TrustCo reports Q2 net income up 12.8% to $17.0M as margin expands and buybacks continue

Filed July 21, 2026 · Period ending July 21, 2026 · ~1 min read

Key Changes

• high

  Q2 2026 net income rose 12.8% YoY to $17.0M ($0.98/share), driven by 9.2% growth in net interest income to $45.6M and 16 bp margin expansion to 2.87% from loan repricing and deposit strategies.

  Exhibit 99.A view on EDGAR →
• high

  Repurchased 1M shares (5.6% of outstanding) in H1 2026, on pace to buy back 3M shares (15.8%) by year-end under 2025-2026 programs; book value per share up 4.8% YoY to $38.53.

  Exhibit 99.A view on EDGAR →
• high

  Average loans and deposits each grew 3.8% YoY ($197.5M and $208.6M respectively), with residential loans up 3.2% and home equity lines up 10.4%, reflecting balanced community lending.

  Exhibit 99.A view on EDGAR →