Trustco Bank Corp. Ny Earnings Preview: Get Ahead of the Analysts

Trustco Bank Corp. Ny (NASDAQ:TRST) will report earnings after markets close on Monday, April 22nd. TrustCo Bank Corp NY is the holding company for Trustco Bank, National Association. The Bank operates banking offices and automated teller machines in Albany, Columbia, Greene, Rensselaer, Saratoga, Schenectady, Schoharie, Warren, and Washington counties, New York. TrustCo provides a wide range of personal and business banking services, including trust services.

Here is your Cheat Sheet to Trustco Bank Corp. Ny Earnings:

Earnings Expectations: Analysts expect earnings of $0.10 per share on revenues of $38.40 million. Currently, the company’s P/E ratio stands at 12.98.

Analyst Trends:

Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $0.11 and has not changed. For the current year, the average estimate is a profit of $0.41, which is worse than the estimate ninety days ago.

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Earnings Trends:

Here’s how Trustco Bank Corp. Ny has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 189.36 180.62 183.00 179.52 175.93
Diluted EPS ($) 0.45 0.368 0.381 0.389 0.40

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 46.17 43.81 43.33 43.35 45.44
Diluted EPS ($) 0.093 0.095 0.097 0.104 0.104

Past Performance:
Trustco Bank Corp. Ny has beat analyst estimates time in the past four quarters. This is not consistent enough to get bullish yet.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)