TrustCo Bank (TRST) Q3 2026 Earnings Call Transcript

TrustCo Bank reported Q3 2026 results with net income up 6.5% to $17.3 million and diluted EPS growing 18.6% to $1.02, driven by net interest margin expansion of 16 basis points to 2.95%. The bank achieved 4.6% loan growth and 3.6% deposit growth year-over-year, while maintaining strong asset quality with seven consecutive quarters of net recoveries. Management increased the quarterly dividend by 5.3% and continued aggressive share repurchases, with plans to repurchase 15.8% of outstanding shares by year-end 2026.