TrustCo Bank Corp NY operates as the holding company for Trustco Bank, a federal savings bank that provides personal and business banking services to individuals, partnerships, and corporations. The company accepts deposits; and offers loans and investments. It also operates as a real estate investment trust that acquires, holds, and manages real estate mortgage assets, including residential mortgage loans and mortgage-backed securities. In addition, the company serves as the executor of estates and trustee of personal trusts; provides asset and wealth management, estate planning and related advice, and custodial services; and acts as trustee for various types of employee benefit plans, and corporate pension and profit-sharing trusts. As of December 31, 2021, it operated through 147 banking offices and 163 automatic teller machines in New York, New Jersey, Vermont, Massachusetts, and Florida. The company was founded in 1902 and is headquartered in Glenville, New York.
P/B ratio for TrustCo Bank Corp NY (TRST)
P/B ratio as of 2023: 0.92
According to TrustCo Bank Corp NY's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 0.92. At the end of 2022 the company had a P/B ratio of 1.20.
P/B ratio history for TrustCo Bank Corp NY from 1985 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 0.92 |
| 2022 | 1.20 |
| 2021 | 1.07 |
| 2020 | 1.13 |
| 2019 | 1.56 |
| 2018 | 1.35 |
| 2017 | 1.93 |
| 2016 | 1.93 |
| 2015 | 1.41 |
| 2014 | 1.75 |
| 2013 | 1.87 |
| 2012 | 1.38 |
| 2011 | 1.41 |
| 2010 | 1.91 |
| 2009 | 1.96 |
| 2008 | 3.06 |
| 2007 | 3.15 |
| 2006 | 3.48 |
| 2005 | 4.07 |
| 2004 | 4.54 |
| 2003 | 4.31 |
| 2002 | 3.33 |
| 2001 | 4.34 |
| 2000 | 3.83 |
| 1999 | 4.28 |
| 1998 | 4.35 |
| 1997 | 2.69 |
| 1996 | 2.00 |
| 1995 | 2.48 |
| 1994 | 2.38 |
| 1993 | 2.27 |
| 1992 | 1.85 |
| 1991 | 1.22 |
| 1990 | 1.37 |
| 1989 | 1.70 |
| 1988 | 0.00 |
| 1987 | 0.00 |
| 1986 | 0.00 |
| 1985 | 0.00 |