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TRST (Trustco Bank N Y) Scaled Net Operating Assets : 0.06 (As of Sep. 2024)


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What is Trustco Bank N Y Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Trustco Bank N Y's operating assets for the quarter that ended in Sep. 2024 was $5,676.4 Mil. Trustco Bank N Y's operating liabilities for the quarter that ended in Sep. 2024 was $5,307.7 Mil. Trustco Bank N Y's Total Assets for the quarter that ended in Jun. 2024 was $6,106.6 Mil. Therefore, Trustco Bank N Y's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.06.

Trustco Bank N Y Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Trustco Bank N Y's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(6118.917-5389.445)/6000.052
=0.12

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=6168.191 - 49.274
=6118.917

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5522.906 - 44.471 - 88.99
=5389.445

Trustco Bank N Y's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2024 )
=(Operating Assets (Q: Sep. 2024 )-Operating Liabilities (Q: Sep. 2024 ))/Total Assets (Q: Jun. 2024 )
=(5676.367-5307.74)/6106.644
=0.06

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=6109.68 - 433.313
=5676.367

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5440.659 - 41.469 - 91.45
=5307.74

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Trustco Bank N Y Scaled Net Operating Assets Related Terms

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Trustco Bank N Y Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Trustco Bank Corp N Y (NAS:TRST) » Definitions » Scaled Net Operating Assets
Comparable Companies
FSBC FMCB MOFG CAC FMBL MCB FBAK SMBC GSBC EQBK NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 SGX:D05 NSE:SBIN PNC USB ISX:BBCA HKSE:01658
Traded in Other Exchanges
TC50:Germany
Address
5 Sarnowski Drive, Glenville, NY, USA, 12302
Website
https://www.trustcobank.com
Trustco Bank Corp N Y is a savings and loan holding company. The core part of a business consists of accepting deposits and making loans and investments. It offers a range of both personal and business banking services. The company's product includes savings accounts; retirement accounts; money market account; mortgages; building loans; auto loans and others. The Company based on only one business segment, that of community banking. TrustCo lends in the geographic territory of its branch locations in New York, Florida, Massachusetts, New Jersey and Vermont.
Executives
Kevin M Curley officer: SENIOR VICE PRESIDENT C/O TRUSTCO BANK CORP NY, 5 SARNOWSKI DRIVE, GLENVILLE NY 12302
Steffani Cotugno director C/O TRUSTCO BANK CORP NY, 5 SARNOWSKI DRIVE, GLENVILLE NY 12302
Michael James Hall officer: SECRETARY C/O TRUSTCO BANK CORP NY, 5 SARNOWSKI DRIVE, GLENVILLE NY 12302
Eric W Schreck officer: TREASURER C/O TRUSTCO BANK CORP NY, 5 SARNOWSKI DRIVE, GLENVILLE NY 12302
Frank B Silverman director C/O TRUSTCO BANK, 5 SARNOWSKI DRIVE, GLENVILLE NY 12302
Robert J Mccormick director, officer: PRES. & CEO TRUSTCO BANK CORP C/O TRUSTCO BANK COMPANY, 5 SARNOUSKI DR, GLENVILLE NY 12302
Robert M Leonard officer: AVP & Assistant Secretary 5 SARNOWSKI DR, GELNVILLE NY 12302
Michael M Ozimek officer: SVP & CFO C/O TRUSTCO BANK CORP NY, 5 SARNOWSKI DRIVE, GLENVILLE NY 12302
Curtis N Powell director C/O TRUSTCO BANK CORP NY, 5 SARNOWSKI DRIVE, GLENVILLE NY 12303
Scot R Salvador officer: Chief Banking Officer & EVP
Lisa M Reutter director C/O TRUSTCO BANK CORP NY, 5 SARNOWSKI DRIVE, GLENVILLE NY 12302
De Gennaro Dennis A director C/O TRUSTCO BANK CORP NY, 5 SARNOWSKI DRIVE NY 12302
Kimberly Adams Russell director C/O TRUSTCO BANK CORP NY, 5 SARNOWSKI DRIVE, GLENVILLE NY 12302
Alejandro M Sanchez director C/O TRUSTCO BANK CORP NY, 5 SARNOWSKI DRIVE, GLENVILLE NY 12302
William D Powers director C/O TRUSTCO BANK CORP, 5 SARNOWSKI DRIVE, GLENVILLE NY 12302