Tearsheet

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 8.1%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 3.9%, FCF Yield is 6.2%

Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -13%

Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 35%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 31%

Low stock price volatility
Vol 12M is 25%

Megatrend and thematic drivers
Megatrends include Local Financial Services. Themes include Community Lending, Mortgage Origination, and Deposit Management.

Trading close to highs
Dist 52W High is 0.0%, Dist 3Y High is 0.0%

Weak revenue growth
Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -1.9%

Key risks
TRST key risks include [1] a muted growth outlook, Show more.

0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 8.1%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 3.9%, FCF Yield is 6.2%
1 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -13%
2 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 35%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 31%
3 Low stock price volatility
Vol 12M is 25%
4 Megatrend and thematic drivers
Megatrends include Local Financial Services. Themes include Community Lending, Mortgage Origination, and Deposit Management.
5 Trading close to highs
Dist 52W High is 0.0%, Dist 3Y High is 0.0%
6 Weak revenue growth
Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -1.9%
7 Key risks
TRST key risks include [1] a muted growth outlook, Show more.

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Updated on 6/8/2026

Trustco Bank N Y (TRST) stock has gained about 25% since 2/28/2026 because of the following key factors:

1. Strong Fiscal Q1 2026 Earnings Exceeding Expectations.

Trustco Bank N Y (TRST) reported robust financial results for fiscal Q1 2026, which ended March 31, 2026, significantly contributing to its stock appreciation. The company announced a 14.1% year-over-year increase in net income, reaching $16.3 million. Diluted earnings per share (EPS) surged by 21.3% year-over-year to $0.91, surpassing market expectations. Additionally, net interest income (NII) grew by 10.7% to $44.7 million, and the net interest margin (NIM) expanded by 20 basis points to 2.84%.

2. Robust Loan Portfolio Growth and Strategic Repricing Efforts.

The company demonstrated strong loan growth and effective strategic pricing, which bolstered its financial performance. Trustco Bank's loan portfolio reached an all-time high of $5.3 billion in fiscal Q1 2026, with average commercial loans increasing by $17.1 million, or 5.8%, compared to the same period in the prior year. These gains were driven by successful asset repricing across the loan portfolio at higher yields and disciplined deposit pricing strategies, which effectively offset competitive pressures.

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Stock Movement Drivers

Fundamental Drivers

The 24.6% change in TRST stock from 2/28/2026 to 6/8/2026 was primarily driven by a 6.6% change in the company's P/E Multiple.
(LTM values as of)22820266082026Change
Stock Price ($)42.6953.1924.6%
Change Contribution By: 
Total Revenues ($ Mil)1831924.9%
Net Income Margin (%)31.1%32.9%5.8%
P/E Multiple14.115.06.6%
Shares Outstanding (Mil)19185.3%
Cumulative Contribution24.6%

LTM = Last Twelve Months as of date shown

Market Drivers

2/28/2026 to 6/8/2026
ReturnCorrelation
TRST24.6% 
Market (SPY)8.1%25.0%
Sector (XLF)1.6%47.6%

Fundamental Drivers

The 29.4% change in TRST stock from 11/30/2025 to 6/8/2026 was primarily driven by a 10.7% change in the company's P/E Multiple.
(LTM values as of)113020256082026Change
Stock Price ($)41.1053.1929.4%
Change Contribution By: 
Total Revenues ($ Mil)1831924.9%
Net Income Margin (%)31.1%32.9%5.8%
P/E Multiple13.615.010.7%
Shares Outstanding (Mil)19185.3%
Cumulative Contribution29.4%

LTM = Last Twelve Months as of date shown

Market Drivers

11/30/2025 to 6/8/2026
ReturnCorrelation
TRST29.4% 
Market (SPY)8.8%23.5%
Sector (XLF)-1.7%42.9%

Fundamental Drivers

The 79.4% change in TRST stock from 5/31/2025 to 6/8/2026 was primarily driven by a 35.6% change in the company's P/E Multiple.
(LTM values as of)53120256082026Change
Stock Price ($)29.6653.1979.4%
Change Contribution By: 
Total Revenues ($ Mil)1761929.3%
Net Income Margin (%)29.0%32.9%13.3%
P/E Multiple11.115.035.6%
Shares Outstanding (Mil)19186.8%
Cumulative Contribution79.4%

LTM = Last Twelve Months as of date shown

Market Drivers

5/31/2025 to 6/8/2026
ReturnCorrelation
TRST79.4% 
Market (SPY)26.9%32.8%
Sector (XLF)3.6%51.5%

Fundamental Drivers

The 122.1% change in TRST stock from 5/31/2023 to 6/8/2026 was primarily driven by a 150.0% change in the company's P/E Multiple.
(LTM values as of)53120236082026Change
Stock Price ($)23.9453.19122.1%
Change Contribution By: 
Total Revenues ($ Mil)206192-6.6%
Net Income Margin (%)36.9%32.9%-10.9%
P/E Multiple6.015.0150.0%
Shares Outstanding (Mil)19186.8%
Cumulative Contribution122.1%

LTM = Last Twelve Months as of date shown

Market Drivers

5/31/2023 to 6/8/2026
ReturnCorrelation
TRST122.1% 
Market (SPY)83.8%40.9%
Sector (XLF)71.7%58.9%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
TRST Return4%18%-13%12%29%29%99%
Peers Return29%-28%25%8%29%-0%62%
S&P 500 Return27%-19%24%23%16%8%97%

Monthly Win Rates [3]
TRST Win Rate50%50%42%42%58%83% 
Peers Win Rate44%50%56%50%65%48% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
TRST Max Drawdown-22%-15%-34%-16%-19%-8% 
Peers Max Drawdown-22%-39%-36%-25%-24%-23% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: NEWT, ATLO, AGBK, NU, FITB.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 6/8/2026 (YTD)

How Low Can It Go

EventTRSTS&P 500
2025 US Tariff Shock
  % Loss-16.3%-18.8%
  % Gain to Breakeven19.5%23.1%
  Time to Breakeven76 days79 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-16.3%-9.5%
  % Gain to Breakeven19.4%10.5%
  Time to Breakeven44 days24 days
2023 SVB Regional Banking Crisis
  % Loss-25.3%-6.7%
  % Gain to Breakeven33.8%7.1%
  Time to Breakeven434 days31 days
2022 Inflation Shock & Fed Tightening
  % Loss-10.2%-24.5%
  % Gain to Breakeven11.3%32.4%
  Time to Breakeven41 days427 days
2020 COVID-19 Crash
  % Loss-41.9%-33.7%
  % Gain to Breakeven72.1%50.9%
  Time to Breakeven350 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-21.6%-19.2%
  % Gain to Breakeven27.6%23.8%
  Time to Breakeven63 days105 days

Compare to NEWT, ATLO, AGBK, NU, FITB

In The Past

Trustco Bank N Y's stock fell -16.3% during the 2025 US Tariff Shock. Such a loss loss requires a 19.5% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventTRSTS&P 500
2023 SVB Regional Banking Crisis
  % Loss-25.3%-6.7%
  % Gain to Breakeven33.8%7.1%
  Time to Breakeven434 days31 days
2020 COVID-19 Crash
  % Loss-41.9%-33.7%
  % Gain to Breakeven72.1%50.9%
  Time to Breakeven350 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-21.6%-19.2%
  % Gain to Breakeven27.6%23.8%
  Time to Breakeven63 days105 days
2014-2016 Oil Price Collapse
  % Loss-20.7%-6.8%
  % Gain to Breakeven26.2%7.3%
  Time to Breakeven92 days15 days
2010 Eurozone Sovereign Debt Crisis / Flash Crash
  % Loss-21.4%-15.4%
  % Gain to Breakeven27.2%18.2%
  Time to Breakeven154 days125 days
2008-2009 Global Financial Crisis
  % Loss-50.7%-53.4%
  % Gain to Breakeven102.9%114.4%
  Time to Breakeven2724 days1085 days

Compare to NEWT, ATLO, AGBK, NU, FITB

In The Past

Trustco Bank N Y's stock fell -16.3% during the 2025 US Tariff Shock. Such a loss loss requires a 19.5% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Trustco Bank N Y (TRST)

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.

AI Analysis | Feedback

Here are 1-2 brief analogies for Trustco Bank N Y (TRST):

  • It's like a regional KeyBank, but with a stronger specialization in residential mortgages and wealth management.
  • Imagine a smaller, multi-state Wells Fargo, known for its personal and business banking, but with a deeper focus on trusts and mortgage investments.

AI Analysis | Feedback

  • Deposit Services: Trustco Bank accepts various types of deposits from individuals, partnerships, and corporations.
  • Loan Services: The bank offers personal loans, business loans, and residential mortgage loans to its customers.
  • Wealth Management & Advisory Services: Trustco Bank provides asset and wealth management, estate planning and related advice, and custodial services.
  • Trust Services: The company serves as the executor of estates, trustee of personal trusts, and trustee for various employee benefit and corporate pension plans.

AI Analysis | Feedback

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Trustco Bank N Y (TRST) primarily serves the following categories of customers:

  • Individuals: For personal banking services, residential mortgage loans, wealth management, estate planning, and trust services.
  • Partnerships: For business banking services, loans, and investments.
  • Corporations: For business banking services, loans, investments, and corporate trust services (e.g., employee benefit plans, pension, and profit-sharing trusts).
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Robert J. McCormick Chairman, President, and Chief Executive Officer

Robert J. McCormick joined Trustco Bank in 1995. He has served as President and Chief Executive Officer of TrustCo Bank Corp NY since January 2004 and Chief Executive Officer of Trustco Bank since November 2002. He has also held the position of Chairman at TrustCo at various times, including from 2009 to 2010 and from 2019 to the present. His background focuses on his long tenure and leadership within Trustco Bank.

Michael M. Ozimek Executive Vice President and Chief Financial Officer

Michael M. Ozimek joined Trustco Bank in 2002. He was appointed Senior Vice President and Chief Financial Officer of TrustCo Bank Corp NY and Trustco Bank in December 2014, and subsequently promoted to Executive Vice President and Chief Financial Officer in 2018. Prior to joining Trustco, Mr. Ozimek worked at KPMG LLP, an audit, tax, and advisory firm.

Robert M. Leonard Executive Vice President and Chief Operating Officer

Robert M. Leonard began his career with Trustco Bank in 1986. He has held various positions within the company, including Senior Vice President and Chief Risk Officer since 2016 and Executive Vice President Corporate Services and Risk since 2013. In July 2024, he was appointed Chief Operating Officer of TrustCo Bank Corp NY and Trustco Bank.

Kevin M. Curley Executive Vice President and Chief Banking Officer

Kevin M. Curley joined Trustco Bank in 1990 and has served in numerous roles throughout his tenure. He was promoted to Executive Vice President in December 2018 and, in July 2024, was named Chief Banking Officer. He previously served as Head of Retail Banking, a role he assumed in 2022.

Michael Hall General Counsel and Corporate Secretary

Michael Hall joined Trustco Bank in 2015, having previously served as one of the bank's outside attorneys. He became General Counsel and Corporate Secretary of TrustCo Bank Corp NY and Trustco Bank in 2018. In July 2024, he formally assumed responsibility for Investor Relations.

AI Analysis | Feedback

Trustco Bank N Y (TRST) faces several key risks to its business operations and financial performance.

1. Regulatory and Compliance Risks, Including ESG Scrutiny: Trustco Bank is navigating a landscape of heightened environmental, social, and governance (ESG) scrutiny from various stakeholders, leading to increased compliance costs. Any misalignment with emerging regulations or stakeholder expectations could damage the bank's reputation, hinder partnerships, and negatively affect its stock value. This follows a history of regulatory challenges, including a 2016 order from the federal Office of the Comptroller of the Currency (OCC) for Trustco to enhance internal controls and review its loan portfolio due to past consumer banking law violations, which incurred ongoing costs and oversight.

2. Interest Rate Risk and Macroeconomic Conditions: As a financial institution, Trustco Bank is significantly exposed to fluctuations in interest rates, inflation, and broader economic conditions. Changes in monetary and fiscal policies, including those by the Federal Reserve, directly impact the bank's operations, liquidity, capital position, and the financial health of its borrowers and customers. Given that a substantial portion of Trustco's loan portfolio consists of residential mortgage loans, its performance is particularly sensitive to housing market trends, interest rates, and employment levels.

3. Muted Growth Outlook and Competition: Despite recent profitability gains, analysts project flat revenues and limited prospects for significant earnings expansion for Trustco Bank. The company aims to maintain its focus on loan growth and competitive deposit offerings and is exploring expansion opportunities, such as in Pasco County, Florida. However, the regional banking sector remains highly competitive, posing a continuous challenge to achieving substantial growth.

AI Analysis | Feedback

  • Digital-first banks and neobanks: These entities leverage technology to offer banking services with significantly lower overhead than traditional branch-based banks, often leading to better rates, lower fees, and superior mobile and online user experiences. They are actively competing for deposits and basic banking services, attracting customers who prioritize convenience and digital access.
  • Online lenders and specialized digital mortgage platforms: Companies focused solely on online lending have streamlined the loan application and approval process, particularly for mortgages. They often offer faster services and competitive rates, siphoning off a significant portion of the lending market from traditional banks.
  • Robo-advisors and digital wealth management platforms: For Trustco Bank's asset and wealth management, estate planning, and trust services, these platforms provide automated, lower-cost investment advice and portfolio management. They appeal to clients seeking efficient, transparent, and digitally accessible financial guidance, challenging traditional, human-centric advisory models.

AI Analysis | Feedback

Trustco Bank N Y (symbol: TRST) operates in several key financial service markets across New York, New Jersey, Vermont, Massachusetts, and Florida. While specific market sizes for these individual states are not readily available across all product categories, the addressable markets for its main products and services can be estimated at the U.S. level. The main addressable markets for Trustco Bank's offerings include: * Retail Banking Services: The U.S. retail banking market generated an estimated revenue of USD 454.3 billion in 2024 and is projected to grow to USD 678.3 billion by 2033. * Commercial Banking Services: The United States Commercial Banking Market was valued at approximately USD 222.5 billion in 2023 and is anticipated to reach USD 320.5 billion by 2033. * Residential Mortgage Loans: The U.S. home mortgage market size was approximately USD 180.91 billion in 2023 and is projected to grow to about USD 501.67 billion by 2032. Mortgage originations in the U.S. totaled USD 1.69 trillion in 2024. * Wealth Management and Trust Services: The United States Private Banking Market, which includes wealth management, is valued at approximately USD 110–115 billion. This market is projected to increase from US$132.7 billion in 2026 to US$235.3 billion by 2033. The broader U.S. trust and corporate service market is estimated at US$2.2 billion in 2024.

AI Analysis | Feedback

Here are the expected drivers of future revenue growth for Trustco Bank N Y (TRST) over the next 2-3 years:

  1. Sustained Growth in Loan Portfolio, particularly Residential Mortgages and Home Equity: Trustco Bank has consistently demonstrated loan growth, with a strong focus on its residential real estate portfolio and home equity lines of credit. Management commentary and financial reports indicate continued increases in these lending categories, which are expected to drive net interest income. For example, average loans rose 3.8% year-over-year to $5 billion in Q2 2024, led by residential real estate and home equity lines. Similarly, in Q4 2023, total loans increased by $43 million quarterly and $270 million year-over-year, primarily driven by residential and home equity products.
  2. Net Interest Margin (NIM) Expansion and Effective Asset-Liability Management: After facing industry-wide margin compression, Trustco Bank's management anticipates that its net interest margin will trough in 2024 and gradually recover. This recovery is expected to be driven by time deposits rolling off and asset yields repricing, alongside disciplined deposit cost control. The bank has already shown an improving trend, with its net interest margin increasing in consecutive quarters in 2024, reaching 2.61% in Q3 2024, up from 2.53% in Q2 2024. The net interest margin for Q4 2025 was 2.82%, up 22 basis points from the prior year quarter.
  3. Strategic Geographic Expansion and Deposit Growth in Targeted Markets: Trustco Bank is focused on deepening its presence within its established regional markets, with a particular emphasis on expansion in Central and West Florida metros such as Orlando and Tampa. The bank plans to open 2-3 new branches per year through 2026, aiming for 5-7 net new Florida branches by year-end 2026. This expansion strategy, coupled with competitive product offerings and aggressive marketing, is designed to attract new customer bases and grow deposits, thereby supporting further loan growth.
  4. Expansion of Wealth Management Services and Digital Offerings: Trustco Bank aims to diversify its revenue streams by expanding its wealth management and trust services. The bank has demonstrated growth in assets under management within its wealth management segment, with fees increasing significantly. Additionally, strategic investments in digital transformation, including online banking accessibility and a digital mortgage portal, are expected to enhance customer experience, improve retention, and boost origination fees and efficiency, contributing to overall revenue growth.

AI Analysis | Feedback

Capital Allocation Decisions (Last 3-5 Years) for Trustco Bank N Y (TRST)

Share Repurchases

  • TrustCo Bank Corp NY's Board of Directors approved a new stock repurchase program in December 2025, authorizing the repurchase of up to 2 million shares, or approximately 11% of its outstanding common stock, to be executed over the next twelve months.
  • During 2025, TrustCo repurchased 1 million shares, representing 5.3% of its common stock, under a previously authorized program that was completed in December 2025.
  • In the fourth quarter of 2025, TrustCo repurchased 533,000 shares of common stock.

Share Issuance

  • The number of outstanding shares for TrustCo Bank slightly decreased from 19.21 million in 2021 to 18.75 million in 2025, indicating a net reduction in shares.

Capital Expenditures

  • In the third quarter of 2025, TrustCo Bank Corp NY invested $2.8 million in capital expenditures.
  • This Q3 2025 capital expenditure represented a 32.8% increase from the prior quarter.
  • The primary focus of these capital expenditures was to fund long-term assets and infrastructure.

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

TRSTNEWTATLOAGBKNUFITBMedian
NameTrustco .NewtekOneAmes Nat.AGI Nu Fifth Th. 
Mkt Price53.1913.3929.91-11.6051.9629.91
Mkt Cap0.90.40.3-56.342.90.9
Rev LTM19227270-11,9159,461272
Op Inc LTM-------
FCF LTM59-77622-8681,43759
FCF 3Y Avg50-34817-1,7122,58350
CFO LTM68-77623-1,2012,17568
CFO 3Y Avg58-34819-1,9523,14058

Growth & Margins

TRSTNEWTATLOAGBKNUFITBMedian
NameTrustco .NewtekOneAmes Nat.AGI Nu Fifth Th. 
Rev Chg LTM9.3%10.5%21.7%-39.5%13.9%13.9%
Rev Chg 3Y Avg-1.9%32.1%5.4%-51.8%3.9%5.4%
Rev Chg Q9.3%8.0%17.8%-57.2%30.3%17.8%
QoQ Delta Rev Chg LTM2.2%1.9%4.1%-12.1%7.3%4.1%
Op Inc Chg LTM-------
Op Inc Chg 3Y Avg-------
Op Mgn LTM-------
Op Mgn 3Y Avg-------
QoQ Delta Op Mgn LTM-------
CFO/Rev LTM35.5%-285.4%32.5%-10.1%23.0%23.0%
CFO/Rev 3Y Avg31.7%-134.4%31.4%-22.3%36.7%31.4%
FCF/Rev LTM30.8%-285.4%31.2%-7.3%15.2%15.2%
FCF/Rev 3Y Avg27.4%-134.5%28.6%-19.6%30.4%27.4%

Valuation

TRSTNEWTATLOAGBKNUFITBMedian
NameTrustco .NewtekOneAmes Nat.AGI Nu Fifth Th. 
Mkt Cap0.90.40.3-56.342.90.9
P/S4.91.43.8-4.74.54.5
P/Op Inc-------
P/EBIT-------
P/E15.05.912.3-17.719.715.0
P/CFO13.9-0.511.7-46.919.713.9
Total Yield8.1%16.9%10.9%-5.7%5.1%8.1%
Dividend Yield1.4%0.0%2.8%-0.0%0.0%0.0%
FCF Yield 3Y Avg8.0%-113.9%9.0%-3.3%9.4%8.0%
D/E0.21.50.1-0.00.50.2
Net D/E-0.10.5-1.8--0.5-1.1-0.5

Returns

TRSTNEWTATLOAGBKNUFITBMedian
NameTrustco .NewtekOneAmes Nat.AGI Nu Fifth Th. 
1M Rtn9.2%-6.2%5.4%--15.9%5.3%5.3%
3M Rtn22.3%12.4%13.1%--20.9%11.6%12.4%
6M Rtn26.4%22.2%37.5%--30.2%16.9%22.2%
12M Rtn74.9%32.8%73.4%--4.5%36.6%36.6%
3Y Rtn98.6%10.0%80.7%-54.9%121.5%80.7%
1M Excs Rtn9.7%-3.0%4.5%--19.6%3.7%3.7%
3M Excs Rtn13.3%3.5%4.1%--29.9%2.6%3.5%
6M Excs Rtn16.9%15.2%29.7%--42.3%8.3%15.2%
12M Excs Rtn53.6%10.6%54.2%--28.9%15.8%15.8%
3Y Excs Rtn42.1%-49.1%12.8%--5.6%60.5%12.8%

Comparison Analyses

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Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
Banking172190199178171
Total172190199178171


Price Behavior

Price Behavior
Market Price$53.19 
Market Cap ($ Bil)0.9 
First Trading Date03/26/1990 
Distance from 52W High0.0% 
   50 Days200 Days
DMA Price$47.66$42.21
DMA Trendupup
Distance from DMA11.6%26.0%
 3M1YR
Volatility21.8%25.1%
Downside Capture4.9434.99
Upside Capture79.2292.71
Correlation (SPY)24.9%33.1%
TRST Betas & Captures as of 5/31/2026

 1M2M3M6M1Y3Y
Beta1.130.500.360.450.700.77
Up Beta1.480.440.440.751.040.82
Down Beta1.300.420.250.370.530.70
Up Capture128%83%65%54%84%62%
Bmk +ve Days13283667141432
Stock +ve Days12253870141373
Down Capture55%-4%-2%11%41%89%
Bmk -ve Days7132757109318
Stock -ve Days7152453104372

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with TRST
TRST78.7%25.0%2.27-
Sector ETF (XLF)4.2%14.6%0.0751.5%
Equity (SPY)26.2%12.1%1.6332.7%
Gold (GLD)28.6%26.9%0.91-2.9%
Commodities (DBC)37.4%19.0%1.54-14.1%
Real Estate (VNQ)11.0%13.4%0.5338.4%
Bitcoin (BTCUSD)-40.1%42.4%-1.0914.9%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with TRST
TRST12.0%26.9%0.42-
Sector ETF (XLF)8.2%18.6%0.3256.3%
Equity (SPY)13.5%17.1%0.6240.7%
Gold (GLD)17.4%18.1%0.78-1.2%
Commodities (DBC)9.3%19.4%0.377.4%
Real Estate (VNQ)2.6%18.8%0.0444.5%
Bitcoin (BTCUSD)10.7%54.6%0.3914.8%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with TRST
TRST9.2%31.2%0.35-
Sector ETF (XLF)12.5%22.2%0.5268.0%
Equity (SPY)15.3%17.9%0.7352.6%
Gold (GLD)13.1%16.0%0.68-3.2%
Commodities (DBC)7.1%18.0%0.3215.1%
Real Estate (VNQ)5.4%20.7%0.2351.9%
Bitcoin (BTCUSD)62.6%66.9%1.0213.5%

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Short Interest

Short Interest: As Of Date5152026
Short Interest: Shares Quantity0.7 Mil
Short Interest: % Change Since 43020260.5%
Average Daily Volume0.1 Mil
Days-to-Cover Short Interest8.7 days
Basic Shares Quantity17.8 Mil
Short % of Basic Shares4.1%

Earnings Returns History

Updated 6/2/2026
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 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
7/21/20251.3%-1.6%0.3%
SUMMARY STATS   
# Positive101
# Negative010
Median Positive1.3% 0.3%
Median Negative -1.6% 
Max Positive1.3% 0.3%
Max Negative -1.6% 

SEC Filings

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Report DateFiling DateFiling
03/31/202605/08/202610-Q
12/31/202503/16/202610-K
09/30/202511/07/202510-Q
06/30/202508/08/202510-Q
03/31/202505/09/202510-Q
12/31/202403/14/202510-K
09/30/202411/08/202410-Q
06/30/202408/09/202410-Q
03/31/202405/09/202410-Q
12/31/202303/11/202410-K
09/30/202311/08/202310-Q
06/30/202308/08/202310-Q
03/31/202305/09/202310-Q
12/31/202203/01/202310-K
09/30/202211/07/202210-Q
06/30/202208/08/202210-Q

Insider Activity

Updated 6/8/2026
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#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Lucarelli, Lisa M immediate family member 1Buy608202652.291005,2295,229Form
2Lucarelli, Lisa M immediate family member 2Buy608202652.291005,2295,229Form
3Silverman, Frank B DirectBuy428202646.181054,849225,913Form
4Curley, Kevin MEXECUTIVE VICE PRESIDENT & COODirectBuy312202642.5558825,0191,743,869Form
5Lucarelli, Lisa M DirectBuy1201202542.692008,538127,942Form
Core Cache Last Updated: 6/8/2026