TrustCo Bank Corp NY Bottom Line Drops 1% In Q3

(RTTNews) - TrustCo Bank Corp NY (TRST) announced a profit for third quarter that dropped compared to the same period last year.

The company said its profit came in at $10.62 million, or $0.111 per share. This was lower than $10.71 million, or $0.113 per share, in last year's third quarter.

Analysts had expected the company to earn $0.10 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

TrustCo Bank Corp NY earnings at a glance:

-Earnings (Q3): $10.62 Mln. vs. $10.71 Mln. last year. -Earnings Decline (Y-o-Y): -0.8% -EPS (Q3): $0.111 vs. $0.113 last year. -EPS Decline (Y-o-Y): -1.8% -Analysts Estimate: $0.10