TrustCo Reports First Quarter 2026 Net Income of $16.3 Million; Notes Loan Portfolio Repricing
TrustCo Bank Corp NY reported a net income of $16.3 million for the first quarter of 2026, a 14.1% increase from the prior year. The bank's net interest income grew 10.7% to $44.7 million due to successful loan portfolio repricing and disciplined deposit pricing strategies, which led to a 20 basis point expansion in net interest margin to 2.84%. Lo…