TrustCo Bank Corp NY (TRST) Q3 2022 Earnings Call Transcript

Oct. 25, 2022 10:37 AM ETTrustCo Bank Corp NY (TRST) StockTRST
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Q3: 2022-10-24 Earnings Summary

EPS of $1.01 beats by $0.13
 | Revenue of $52.18M (18.10% Y/Y) beats by $4.05M

TrustCo Bank Corp NY (NASDAQ:TRST) Q3 2022 Earnings Conference Call October 25, 2022 9:00 AM ET

Company Participants

Robert J. McCormick - Chairman, President, and CEO
Michael M. Ozimek - EVP and CFO
Scot R. Salvador - EVP, Commercial Banking

Conference Call Participants

Alexander Twerdahl - Piper Sandler

Operator

Good day and welcome to the TrustCo Bank Corp Earnings Call and Webcast. All participants will be in a listen-only mode. [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-Q. 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 contains non-GAAP financial measures. The 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 at 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 J. McCormick

Good morning, everyone and thank you for joining us today to hear more about our bank. As is usual

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