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TrustCo Delivers Once Again With Second Quarter Results Net Interest Margin Up 3.7% on Loan Growth of 3.8%
TrustBank NYTrustBank NY(US:TRST) GlobeNewswire News Roomยท2024-07-22 20:00

Executive Snapshot: Average Loan portfolio continues to grow: On average, total loans were up $182.2 million or 3.8% for the second quarter 2024 compared to the second quarter 2023 Continued solid financial results: Key metrics for second quarter 2024: Net income of $12.6 million versus $12.1 million for the first quarter 2024 Net interest income of $37.8 million, up from $36.6 million compared to the first quarter of 2024 Return on average assets (ROAA) of 0.82% compared to 0.80% to the first quarter of 20 ...