TrustCo Bank Corp NY Profit Drops 3% In Q1

(RTTNews) - TrustCo Bank Corp NY (TRST) announced earnings for first quarter that retreated compared to the same period last year.

The company said its earnings totaled $10.41 million, or $0.109 per share. This was lower than $10.72 million, or $0.113 per share, in last year's first quarter.

Analysts had expected the company to earn $0.11 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

TrustCo Bank Corp NY earnings at a glance:

-Earnings (Q1): $10.41 Mln. vs. $10.72 Mln. last year. -Earnings Decline (Y-o-Y): -2.9% -EPS (Q1): $0.109 vs. $0.113 last year. -EPS Decline (Y-o-Y): -3.5% -Analysts Estimate: $0.11