Company profile

Ticker
TRST
Exchange
Employees
Incorporated in
Location
Fiscal year end
Industry (SEC)
SEC CIK
IRS number
141630287

Investment data

Data from SEC filings
Top 50 of 68 holdings by value
End of quarter 30 Sep 19
Value
 
Shares Held
or Principal Amt 
Prev Q
 
Change
%, QoQ
$4.07M 57.57K 57.77K -0.4
$4.05M 34.41K 34.59K -0.5
$3.88M 75.29K 75.29K 0
$3.83M 29.63K 30.21K -1.9
$3.66M 29.4K 29.2K +0.7
$3.34M 61.31K 61.72K -0.7
$3.09M 23.71K 23.61K +0.4
$3M 21.6K 21.75K -0.7
$2.95M 329.45K 331.26K -0.5
$2.8M 33.42K 33.55K -0.4
$2.7M 19.66K 19.58K +0.4
$2.56M 51.33K 51.33K 0
$2.49M 11.11K 11.54K -3.7
$2.48M 18.13K 18.39K -1.4
$2.4M 20.21K 20.43K -1.0
$2.18M 23.25K 23.3K -0.2
$2.13M 28.13K 28.61K -1.7
$1.96M 31.76K 31.71K +0.2
$1.85M 37.38K 37.23K +0.4
$1.79M 8.35K 8.35K 0
$1.7M 15.65K 15.66K -0.0
$1.63M 27.06K 27.77K -2.5
$1.57M 10.76K 10.53K +2.1
$1.53M 9.29K 9.3K -0.2
$1.43M 37.85K 40.66K -6.9
$1.43M 11.08K 11.18K -0.9
$1.35M 24.56K 24.66K -0.4
$1.35M 11.43K 11.43K -0.0
$1.35M 18.33K 18.23K +0.5
$1.28M 35.56K 35.96K -1.1
$1.21M 10.2K 10.25K -0.5
$1.1M 13.02K 13.12K -0.8
$1.03M 9.63K 9.63K 0
$906K 8.24K 8.09K +1.9
$898K 16.32K 16.33K -0.0
$898K 17.7K 18.23K -2.9
$810K 4.51K 4.61K -2.2
$732K 4.54K 4.54K 0
$608K 5.07K 5.22K -2.9
$587K 2.97K 2.97K 0
$579K 71.14K 70.26K +1.3
Vanguard Emerging Markets Stock (MUTUAL FUND/STOCK)
$570K 14.17K 14.17K 0
$561K 11.62K 11.92K -2.5
$555K 13.3K 13K +2.3
Dupont De Nemours Inc (COMMON STOCK)
$530K 7.44K NEW
$521K 7.99K 8.84K -9.6
$475K 10.54K 10.54K 0
$469K 7.93K 7.78K +1.9
$449K 1.94K 1.9K +1.8
$412K 1.06K 1.06K 0
Holdings list only includes long positions. Only includes long positions.

Calendar

7 Nov 19
25 Jan 20
31 Dec 20

News

Company financial data Financial data

Quarter (USD) Sep 19 Jun 19 Mar 19 Dec 18
Net income 14.71M 14.67M 14.56M 16.03M
Diluted EPS 0.15 0.15 0.15 0.17
Net change in cash -109.48M -59.03M 115.48M 38.26M
Cash on hand 450.68M 560.16M 619.19M 503.71M
Annual (USD) Dec 18 Dec 17 Dec 16 Dec 15
Net income 61.45M 43.15M 42.6M 42.24M
Diluted EPS 0.64 0.45 0.45 0.44
Net change in cash -109.03M -94.53M -10.88M 46.71M
Cash on hand 503.71M 612.74M 707.27M 718.16M

Financial data from company earnings reports

13F holders
Current Prev Q Change
Total holders 165 168 -1.8%
Opened positions 11 17 -35.3%
Closed positions 14 21 -33.3%
Increased positions 64 61 +4.9%
Reduced positions 45 45
13F shares
Current Prev Q Change
Total value 1.5B 1.4B +6.9%
Total shares 61.43M 61.51M -0.1%
Total puts 1 0 +Infinity%
Total calls 0 0 NaN%
Total put/call ratio Infinity NaN NaN%
Largest owners
Shares Value Change
BLK BlackRock 14.34M $116.87M +1.2%
Vanguard 6.4M $52.14M +0.8%
Dimensional Fund Advisors 5.86M $47.75M -0.4%
BEN Franklin Resources 2.83M $23.1M -0.0%
STT State Street 2.79M $22.92M +0.1%
Royce & Associates 2.64M $21.52M -2.5%
IVZ Invesco 2.47M $20.16M +10.8%
Renaissance Technologies 1.66M $13.56M +0.3%
NTRS Northern Trust 1.61M $13.08M +2.7%
BK Bank Of New York Mellon 1.41M $11.52M -1.4%
Largest transactions
Shares Bought/sold Change
Millennium Management 0 -502.18K EXIT
IVZ Invesco 2.47M +240.16K +10.8%
GS The Goldman Sachs Group, Inc. 849.9K -220.91K -20.6%
Systematic Financial Management 1.22M +179.49K +17.2%
Victory Capital Management 168.5K +168.5K NEW
BLK BlackRock 14.34M +168.22K +1.2%
California Public Employees Retirement System 230.54K +151.46K +191.5%
MS Morgan Stanley 498.86K -133.44K -21.1%
GWL Great West Life Assurance 0 -131.05K EXIT
Sterling Capital Management 0 -130.29K EXIT

Financial report summary

?
Competition
Central Florida
Risks
  • Certain interest rate movements may hurt earnings and asset values.
  • We are exposed to credit risk in our lending activities.
  • If our allowance for loan losses is not sufficient to cover actual loan losses, our earnings could decrease.
  • A prolonged economic downturn, especially one affecting our geographic market area, will adversely affect our operations and financial results.
  • The Company operates in a highly regulated environment and may be adversely affected by changes in laws, regulations and tax policies.
  • The effects of the Tax Cuts and Jobs Act on our business has been fully analyzed and recorded.
  • Our ability to pay dividends is subject to regulatory limitations and other limitations which may affect our ability to pay dividends to our stockholders or to repurchase our common stock.
  • Changes in laws and regulations and the cost of regulatory compliance with new laws and regulations may adversely affect our operations and our income.
  • Our business could be adversely affected by third-party service providers, data breaches and cyber-attacks.
  • A failure in or breach of our operational or security systems or infrastructure, or those of third parties, could disrupt our businesses, and adversely impact our results of operations, liquidity and financial condition, as well as cause reputational harm.
  • Unauthorized disclosure of sensitive or confidential client or customer information, whether through a breach of our computer systems or otherwise, could severely harm our business.
  • We could suffer a material adverse impact from interruptions in the effective operation of, or security breaches affecting, our computer systems.
  • Consumers and businesses are increasingly using non-banks to complete their financial transactions, which could adversely affect our business and results of operations
  • Market volatility levels have experienced significant variations in recent years and a return to very high volatility levels could adversely affect us.
  • The soundness of other financial institutions could adversely affect us.
  • We are subject to claims and litigation pertaining to fiduciary responsibility and lender liability.
  • We may not be able to meet the cash flow requirements of our depositors or borrowers or meet our operating cash needs to fund corporate expansion and other activities.
  • New lines of business or new products and services may subject us to additional risks.
  • We may be subject to a higher effective tax rate if Trustco Realty Corp. (“Trustco Realty”) fails to qualify as a real estate investment trust (“REIT”).
  • The trust wealth management fees we receive may decrease as a result of poor investment performance, in either relative or absolute terms, which could decrease our revenues and net earnings.
  • Strong competition within the Bank’s market areas could hurt profits and slow growth.
  • We are dependent upon the services of our management team.
  • Provisions in our articles of incorporation and bylaws and New York law may discourage or prevent takeover attempts, and these provisions may have the effect of reducing the market price of our stock.
  • Changes in accounting standards could impact reported earnings.
  • Our disclosure controls and procedures may not prevent or detect all errors or acts of fraud.
  • The preparation of financial statements requires the use of estimates that may vary from actual results.
  • We rely on communications, information, operating and financial control systems, and technology from third-party service providers, and we may suffer an interruption in those systems that may result in lost business. Further, we may not be able to substitute providers on terms that are as favorable if our relationships with our existing service providers are interrupted.
  • If the business continuity and disaster recovery plans that we have in place are not adequate to continue our operations in the event of a disaster, the business disruption can adversely impact our operations.
  • The Company’s risk-management framework may not be effective in mitigating risk and loss.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. sophomore Avg
New words: ACL, announced, cancellable, community, Comptroller, Currency, decided, inversion, judgement, multiple, October, permissible, simple, subsidiary, tariff, thrift, unconditionally, Unrec
Removed: amendment, departure, developing, Fed, professional, reclassification, roadmap, stranded