TrustCo Bank Corp NY Earnings Preview

TrustCo Bank Corp NY (Nasdaq: TRST  ) only managed to meet estimates last quarter, but investors hope that it will surpass expectations this quarter. The company will unveil its latest earnings on Monday. TrustCo Bank Corp NY is a savings and loan holding company. The company's key subsidiary is Trustco Bank.

What analysts say:
 

• Buy, sell, or hold?: Analysts are very bullish on this stock, unanimously backing it as a buy.
• Revenue forecasts: On average, analysts predict $34.2 million in revenue this quarter. That would represent a decline of 3.6% from the year-ago quarter.
• Wall Street earnings expectations: The average analyst estimate is earnings of $0.09 per share.

What our community says:
CAPS All-Stars are solidly backing the stock with 79.4% giving it an outperform rating. The community at large concurs with the All-Stars with 80.4% awarding it a rating of outperform. Fools have embraced TrustCo Bank Corp NY, though the message boards have been quiet lately with only 42 posts in the past 30 days. Despite the majority sentiment in favor of TrustCo Bank Corp NY, the stock has a middling CAPS rating of three out of five stars.

Management:
Revenue has fallen for the past three quarters.

Now let's look at how efficient management is at running the business. Traditionally, margins represent the efficiency with which companies capture portions of sales dollars. The following table shows net margins over the past four quarters.

Quarter	Q2	Q1	Q4	Q3
Net Margin	17.2%	16.8%	15.6%	18.6%

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