TrustCo Bank Corp NY (TRST) CEO Robert McCormick on Q1 2022 Results - Earnings Call Transcript

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Q1: 2022-04-21 Earnings Summary

EPS of $0.89 beats by $0.20
 | Revenue of $45.28M (1.67% Y/Y) beats by $829.00K

TrustCo Bank Corp NY (NASDAQ:TRST) Q1 2022 Earnings Conference Call April 22, 2022 9:00 AM ET

CompanyParticipants

Mike Ozimek - Executive Vice President & Chief Financial Officer
Robert McCormick - President & Chief Executive Officer
Scot Salvador - Executive Vice President of Commercial Banking

Conference Call Participants

Alex Twerdahl - Piper Sandler

Operator

Good day and welcome to the TrustCo Bank Corp Earnings Call and Webcast. All participants will be in listen-only mode. [Operator Instructions] After today’s presentation, there will be an opportunity to ask questions. [Operator Instructions]

Before proceeding, we would like to mention that this presentation may contain forward-looking information about TrustCo Bank Corp New York that is intended to be covered by the safe harbor and forward-looking statements provided by the Private Securities Litigation Reform Act of 1995. Actual results and trends could differ materially from those set forth in such statements due to various risks, uncertainties and other factors. More detailed information about these and other risk factors can be found in our press release that preceded this call and in the risk factors and forward-looking statements section of our annual report on Form 10-K and as updated by our quarterly reports on Form 10-K [ph]. The statements are valid only as of the date hereof and the company disclaims any obligation to update this information, except as may be required by applicable law. Today's presentation contain non-GAAP financial measures. Reconciliations of such measures to the most comparable GAAP figures are included in our earnings press release which is available under the Investor Relations tab of our website, trustcobank.com. Please also note, today's event is being recorded.

At this time, I would like to turn the conference call over to Mr. Robert J. McCormick, Chairman, President and CEO. Please go ahead.

Robert McCormick

Thanks, Juan. Thank you for

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