TrustCo Bank Corp NY Announces 5% Gain In Q1 Earnings

(RTTNews) - TrustCo Bank Corp NY (TRST) revealed a profit for its first quarter that increased from last year.

The company said its bottom line came in at $10.95 million, or $0.114 per share. This was higher than $10.41 million, or $0.109 per share, in last year's first quarter.

Analysts had expected the company to earn $0.11 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

TrustCo Bank Corp NY earnings at a glance:

-Earnings (Q1): $10.95 Mln. vs. $10.41 Mln. last year. -Earnings Growth (Y-o-Y): 5.2% -EPS (Q1): $0.114 vs. $0.109 last year. -EPS Growth (Y-o-Y): 4.6% -Analysts Estimate: $0.11