Name | Value |
---|---|
Revenues | 48.7M |
Cost of Revenue | 0.0M |
Gross Profit | 48.7M |
Operating Expense | 0.4M |
Operating I/L | 28.0M |
Other Income/Expense | 0.0M |
Interest Income | 53.9M |
Pretax | 23.7M |
Income Tax Expense | 5.9M |
Net Income/Loss | 17.7M |
TrustCo Bank Corp NY is a holding company for Trustco Bank, a federal savings bank offering personal and business banking services, including deposits, loans, and investments. The company also operates as a real estate investment trust, managing residential mortgage assets and mortgage-backed securities. Additionally, it provides estate and trust services, asset and wealth management, and acts as a trustee for various employee benefit plans. With 147 banking offices and 163 ATMs across New York, New Jersey, Vermont, Massachusetts, and Florida, TrustCo Bank Corp NY generates revenue through its banking operations, real estate investments, and trust services.