TrustCo Bank Corp NY (TRST) Q2 2026 Earnings Call Transcript
TrustCo Bank Corp NY (TRST) Q2 2026 Earnings Call Transcript
TrustCo Bank Corp NY Q2 Earnings Call Highlights
TrustCo Bank Corp NY NASDAQ: TRST executives said the company delivered stronger second-quarter 2026 earnings, supported by higher net interest income, continued loan and deposit growth and ongoing share repurchases.
Trustpilot downgraded by UK broker after valuation surge
Panmure Liberum has downgraded Trustpilot Group PLC (LSE:TRST) to 'hold' from 'buy', arguing the reviews platform's valuation has run too far while the shares remain highly volatile. The broker lifted its target price to 250p from 235p, below the current share price of 259.8p, saying it struggles to remain constructive at this level.
TrustCo Bank Corp NY (TRST) Q1 2026 Earnings Call Transcript
TrustCo Bank Corp NY (TRST) Q1 2026 Earnings Call Transcript
Trustpilot upgraded as new enterprise disclosures bolster medium-term confidence
Panmure Liberum has upgraded Trustpilot Group PLC (LSE:TRST), the online consumer reviews platform, from hold to buy with a new 235p target price, up from 220p, after newly disclosed retention statistics reinforced the broker's confidence in the company's enterprise-focused growth strategy. The upgrade is driven by fresh data showing that enterprise customers, defined as those on contracts exceeding $20,000 in annual value, are being retained at a meaningfully higher rate than the broader customer base.
Trustpilot shares fall as private equity backer cashes out £46m stake
Trustpilot Group PLC (LSE:TRST) shares dropped 11.25% to 209.28p after private equity firm Advent sold a £46 million stake at a discount to the prevailing share price. Advent offloaded 21.6 million shares at 214p each, a price below where the stock had been trading, and well below the issue price of 265p from the online customer reviews platform's 2021 IPO.
Why Deutsche Bank thinks Trustpilot shares could more than double from here
Deutsche Bank has highlighted Trustpilot Group PLC (LSE:TRST), the online reviews platform, as a key pick ahead of its full-year results on 17 March, with a price target of 354p that implies more than 100% upside from the current share price of 161p. The German bank said a strong pre-close trading update in January had reinforced its conviction, with Trustpilot reporting full-year revenue of $261 million, ahead of Deutsche Bank's own forecast of $253 million.
TrustCo Bank: Mortgage Repricing And A Big Buyback Program
TrustCo Bank's valuation remains attractive despite last year's rally. Current profitability margin tailwinds could persist as loan repricing continues through 2026. The board's 2 million share buyback program offers a significant catalyst given the program's size, representing 11% of total shares outstanding.
TrustCo Bank Corp NY (TRST) Q4 2025 Earnings Call Transcript
TrustCo Bank Corp NY (TRST) Q4 2025 Earnings Call Transcript
Trustpilot momentum builds as growth broadens and profits surprise
Trustpilot Group PLC (LSE:TRST) pre-close update for 2025 points to a business regaining momentum across regions, easing concerns about growth durability after last year's pricing and package changes. According to analysis from Deutsche Bank, revenue growth came in stronger than expected, with profitability also set to beat market forecasts.
TrustCo Bank Corp NY (TRST) Q3 2025 Earnings Call Transcript
TrustCo Bank Corp NY (NASDAQ:TRST ) Q3 2025 Earnings Call October 22, 2025 9:00 AM EDT Company Participants Robert McCormick - President, CEO & Chairman of the Board Michael Ozimek - Executive VP & CFO Kevin Curley - Executive VP & Chief Banking Officer Conference Call Participants John Lapey - Gabelli Funds, LLC Presentation Operator Good day, and welcome to TrustCo Bank Corp Earnings Call and Webcast. [Operator Instructions] Before proceeding, we would like to mention this presentation may contain forward-looking information about TrustCo Bank Corp New York that is intended to be covered by the safe harbor for forward-looking statements provided by the Private Securities Litigation Reform Act of 1995.
TrustCo Bank: I'm A Buyer At These Levels
TrustCo Bank Corp. demonstrates strong profitability, driven by a robust loan book and low loan loss provisions, with a focus on NY and FL markets. TRST reported a 10% YoY increase in net interest income for Q2, and EPS for H1 rose nearly 20%, supporting a well-covered, recently raised dividend. The bank maintains a high-quality, liquid balance sheet, minimal commercial real estate exposure, and manageable past-due loans mostly backed by real estate.
