TrustCo Bank Corp NY (NASDAQ:TRST)
CAPS Rating:
A savings and loan holding company, through its subsidiary, Trustco Bank, is engaged in providing general banking services to individuals, partnerships and corporations.
A savings and loan holding company, through its subsidiary, Trustco Bank, is engaged in providing general banking services to individuals, partnerships and corporations.
Recs
Price/Book = 1.65%. Stock hasn't bounce up too much from 2009 low. TrustCo has paid a dividend for 20+ years. Republican's historically support Main St. banks. Big bank backlash could benefit regional banks. This one is a safe gamble.