TrustCo Bank Corp NY Q2 Profit Declines 3%

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

The company said its earnings dropped to $10.46 million, or $0.109 per share. This was lower than $10.73 million, or $0.113 per share, in last year's second 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 (Q2): $10.46 Mln. vs. $10.73 Mln. last year. -Earnings Decline (Y-o-Y): -2.5% -EPS (Q2): $0.109 vs. $0.113 last year. -EPS Decline (Y-o-Y): -3.5% -Analysts Estimate: $0.11