The EVP of TrustCo Bank (TRST) is Selling Shares


Today, the EVP of TrustCo Bank (TRST), Robert Leonard, sold shares of TRST for $142.8K.

Following Robert Leonard’s last TRST Sell transaction on December 14, 2015, the stock climbed by 2.6%. This is Leonard’s first Sell trade following 3 Buy transactions.

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Based on TrustCo Bank’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $51.32 million and quarterly net profit of $16.03 million. In comparison, last year the company earned revenue of $47.3 million and had a net profit of $7.36 million. TRST’s market cap is $794.5M and the company has a P/E ratio of 12.92. Currently, TrustCo Bank has an average volume of 239.9K.

In the last 30 days, insiders have sold $142.8K worth of TRST shares and purchased $7,186 worth of TRST shares. The insider sentiment on TrustCo Bank has been positive according to 43 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

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TrustCo Bank Corp. NY is a savings and loan holding company, which through its subsidiary, engages in the provision of banking and financial services to individuals, partnerships, and corporations. It offers checking accounts, savings accounts, retirement accounts, time deposits, money market accounts, and credit cards.

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