TrustCo Bank Q2 FY26 net income rises 12.8% to $17 million - TRST News | RalliesTrustCo Bank Q2 FY26 net income rises 12.8% to $17 million
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TRST• Quarterly results improve
- TrustCo posted Q2 2026 net income of USD 17 million, up 12.8% from a year earlier; diluted EPS rose 24.1% to USD 0.98.
- Net interest income climbed 9.2% to USD 45.6 million; net interest margin widened 0.16 percentage points to 2.87%.
- Average loans increased USD 197.5 million, or 3.8%, year over year; average deposits rose USD 208.6 million, or 3.8%.
Capital and share repurchases
- Booked a USD 844,000 unrealized gain on equity securities tied to a Visa share conversion; retained the resulting Visa Class C shares.
- Repurchased 1,000,000 shares in H1 2026, or 5.6% of outstanding stock; targets 3,000,000 shares, or 15.8%, by end-2026.
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