TrustCo to Release First Quarter 2017 Results on April 21, 2017; Conference Call on April 24, 2017
April 14 2017 - 10:30AM
TrustCo Bank Corp NY
(TrustCo) (Nasdaq:TRST) today
announced that it will release first quarter 2017 results after the
market close on April 21, 2017. Results are released on the
21st of the reporting months (January, April, July and October), or
on the next day that equity markets are open if the 21st falls on a
weekend or holiday. A conference call to discuss the results
will be held at 9:00 a.m. Eastern Time on April 24, 2017.
Those wishing to participate in the call may dial toll-free
1-888-339-0764. International callers must dial
1-412-902-4195. Please ask to be joined into the
TrustCo Bank Corp NY / TRST call. A replay of the call will
be available for thirty days by dialing 1-877-344-7529
(1-412-317-0088 for international callers), Conference Number
10105301.
The call will also be audio webcast at:
http://services.choruscall.com/links/trst170424.html, and will be
available for one year. The earnings press release will be
posted on the Company’s Investor Relations website at:
http://www.snl.com/irweblinkx/corporateprofile.aspx?iid=100465.
Other information, including the Company’s most recent annual
report, proxy statement and filings with the Securities and
Exchange Commission can also be found at this website.
TrustCo Bank Corp NY is a $4.9 billion
savings and loan holding company and through its subsidiary,
Trustco Bank, operates 145 offices in New York, New Jersey,
Vermont, Massachusetts, and Florida. For more information,
visit www.trustcobank.com.
In addition, the Bank’s Financial Services
Department offers a full range of investment services, retirement
planning and trust and estate administration services.
The common shares of TrustCo are traded on
The NASDAQ Global Select Market under the symbol
TRST.
Safe Harbor Statement All statements in
this news release that are not historical are forward-looking
statements within the meaning of the Securities Exchange Act of
1934, as amended. Forward-looking statements can be identified by
words such as "anticipate," "intend," "plan," "goal," "seek,"
"believe," "project," "estimate," "expect," "strategy," "future,"
"likely," "may," "should," "will" and similar references to future
periods. Examples of forward-looking statements include,
among others, statements we make regarding our expectations for our
performance during 2017 and for the growth of loans and deposits
throughout our branch network and our ability to capitalize on
economic changes in the areas in which we operate. Such
forward-looking statements are subject to factors that could cause
actual results to differ materially for TrustCo from those
discussed. TrustCo wishes to caution readers not to place undue
reliance on any such forward-looking statements, which speak only
as of the date made. The following important factors, among others,
in some cases have affected and in the future could affect
TrustCo’s actual results and could cause TrustCo’s actual financial
performance to differ materially from that expressed in any
forward-looking statement: our ability to continue to originate a
significant volume of one-to-four family mortgage loans in our
market areas; our ability to continue to maintain noninterest
expense and other overhead costs at reasonable levels relative to
income; our ability to comply with the supervisory agreement
entered into with Trustco Bank’s regulator and potential regulatory
actions if we fail to comply; restrictions or conditions imposed by
our regulators on our operations that may make it more difficult
for us to achieve our goals; the future earnings and capital levels
of Trustco Bank and the continued ability of Trustco Bank under
regulatory rules and the supervisory agreement to distribute
capital to TrustCo, which could affect our ability to pay
dividends; results of examinations of Trustco Bank and TrustCo by
our respective regulators; our ability to make accurate assumptions
and judgments regarding the credit risks associated with lending
and investing activities; the effect of changes in financial
services laws and regulations and the impact of other governmental
initiatives affecting the financial services industry; the effects
of, and changes in, trade, monetary and fiscal policies and laws,
including interest rate policies of the Federal Reserve Board,
inflation, interest rates, market and monetary fluctuations; the
perceived overall value of our products and services by users,
including in comparison to competitors’ products and services and
the willingness of current and prospective customers to substitute
competitors’ products and services for our products and services;
real estate and collateral values; changes in accounting policies
and practices, as may be adopted by the bank regulatory agencies,
the FASB or PCAOB; changes in local market areas and general
business and economic trends, as well as changes in consumer
spending and saving habits; our success at managing the risks
involved in the foregoing and managing our business; and other
risks and uncertainties under the heading “Risk Factors” in our
most recent annual report on Form 10-K and, if any, in our
subsequent quarterly reports on Form 10-Q or other securities
filings.
Contact:
Kevin T. Timmons
Vice President/Treasurer
(518) 381-3607
TrustCo Bank Corporation... (NASDAQ:TRST)
Historical Stock Chart
From Aug 2024 to Sep 2024
TrustCo Bank Corporation... (NASDAQ:TRST)
Historical Stock Chart
From Sep 2023 to Sep 2024