TrustCo Bank Corp NY (TRST)
A savings and loan holding company, through its subsidiary, Trustco Bank, is engaged in providing general banking services to individuals, partnerships and corporations.
Recs
petenlor413
(< 20)
Submitted: 11/4/2009 3:32:06 PM :
Start Price:
$5.77
TRST Score:
-0.86
This is a tough one as I feel they have very little commercial mortgage exposure as compared to other regional banks. It is the next shoe to drop
Recs
peterhaus
(< 20)
Submitted: 8/23/2009 3:50:26 PM :
Start Price:
$6.43
TRST Score:
-13.89
I am new here but have experience with this stock from the IPO in the early 80's. Tremendous buying potential for a buy and hold investor. I'm currently in and out over the last 3 months and up 40% in my IRA. Just hope my trading doesn't leave me out when I should have held. After all, this is a quality holding and has dropped severly in sympathy with the banking sector. An unjustified drop of 2/3 from top to trough. Compare to NAL or PBCT, you'll see what I mean.
Recs
Fiskhus
(82.65)
Submitted: 5/19/2009 11:45:19 AM :
Start Price:
$5.88
TRST Score:
-19.55
PreBuy77 and T77 VV
Recs
yansee
(< 20)
Submitted: 6/27/2008 2:46:48 PM :
Start Price:
$7.15
TRST Score:
-5.04
This company has zero sub-prime mortgages, it also has a very high efficiency ratio for regional banks, and it is expanding its number of branches.
Recs
oddad
(< 20)
Submitted: 2/7/2008 11:45:10 AM :
Start Price:
$9.11
TRST Score:
-20.79
strong franchise
Recs
Dribond
(< 20)
Submitted: 10/25/2007 2:43:33 PM :
Start Price:
$9.02
TRST Score:
-10.15
always been a good payoff stock with either a dividend or a stock split still acquiring as the price remains below $10. this will make you money in the long term.
Recs
RUFUS
(< 20)
Submitted: 10/25/2007 1:56:35 PM :
Start Price:
$8.93
TRST Score:
-9.79
stock is nearing its low now, has always been a good payoff with either a split or dividends over the years for me. just bought some and plan to get a few hundred more in the near future. this is a hold and forget stock as it just keeps paying. not many $10 stocks that average close to a $1 payout yearly.
Recs
AAARating
(66.68)
Submitted: 5/16/2007 12:08:21 PM :
Start Price:
$8.15
TRST Score:
-3.87
With Dividends to Boot!
Recs
rmenschel
(70.91)
Submitted: 12/3/2006 12:57:43 AM :
Start Price:
$9.59
TRST Score:
+20.88
Good margins, but over-priced, without sufficient growth prospects to support the price.
Recs
Wnhsrunner88
(< 20)
Submitted: 9/22/2006 5:38:27 AM :
Start Price:
$9.36
TRST Score:
-24.77
I think equity's (stock's) in the short term will fall. This stock however pays a good dividend. The company also owns and operates bonds, which i think would be worth more if the stock market went bad. In a indirect way it is a hedge, as the bonds can be sold off at premiums, or held on to. The bottom line is, if things started happening, a company that pays 6% as a dividend (better than some good amount of bonds) is nice for holding equity in the stock market. You can lose if they cut the dividend. That is a risk you assume at the current $11 / share.
In the future, dividends can always go up. Its great to be paid dividends for holding equity.
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