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TrustCo Reports First Quarter 2025 Net Income of $14.3 Million From Repricing Loan Portfolio and Well-Managed Cost of Funds
TRSTTrustBank NY(TRST) Newsfilter·2025-04-21 20:00

Executive Snapshot: Bank-wide financial results: Key metrics for the first quarter 2025: Net income of 14.3millionincreased17.714.3 million increased 17.7% compared to 12.1 million for the first quarter 2024Net interest income of 40.4million,up10.440.4 million, up 10.4% from 36.6 million compared to the first quarter 2024Average loans were up 104.7millionforthefirstquarter2025comparedtothefirstquarter2024Averagedepositswereup104.7 million for the first quarter 2025 compared to the first quarter 2024Average deposits were up 103.3 million for the first quarter 2025 compared to the first quarter 2024 Capital position and key ...