TrustCo Bank Corp NY Reveals 32% Fall In Q4 Profit

(RTTNews) - TrustCo Bank Corp NY (TRST) reported earnings for fourth quarter that retreated from last year.

The company said its bottom line fell to $7.36 million, or $0.076 per share. This was lower than $10.80 million, or $0.113 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.12 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

TrustCo Bank Corp NY earnings at a glance:

-Earnings (Q4): $7.36 Mln. vs. $10.80 Mln. last year. -Earnings Decline (Y-o-Y): -31.9% -EPS (Q4): $0.076 vs. $0.113 last year. -EPS Decline (Y-o-Y): -32.7% -Analysts Estimate: $0.12