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TrustCo's Positive Momentum Yields 6.5 % Net Income Increase ; $ 17.3 Million for Third Executive Snapshot : Financial results : • • Quarter of 2026 Company Release - 10/21/2026 4:00 PM ET • Key metrics for the third quarter of 2026 compared to the third quarter of 2025 : . • • Diluted earnings per share of $ 1.02 increased 18.6 % compared to $ 0.86 Net interest income of $ 47.0 million , up 9.1 % from $ 43.1 million Net interest margin of 2.95 % , up 16 basis points from 2.79 % • Net income of $ 17.3 million increased 6.5 % compared to $ 16.3 million • Average loans increased $ 238.1 million , or 4.6 % • Average deposits increased $ 229.6 million , or 4.2 % Capital allocation and Stock Repurchase Program : • • Increased dividend 5.3 % to $ 0.40 per share , or $ 1.60 per share on an annualized basis Purchased 13.2 % of TrustCo outstanding common stock under the 2026 and 2025 Stock Repurchase Programs through the acquisition of over 1.5 million shares in the first nine months of 2026 , following the purchase of 1 million shares in 2025 , reinforcing a disciplined long - term capital allocation strategy • On pace to complete the repurchase of a total of three million shares , or 15.8 % , of TrustCo common stock by the end of 2026 GLENVILLE , N.Y. , Oct. 21 , 2026 ( GLOBE NEWSWIRE ) -- TrustCo Bank Corp NY ( TrustCo , NASDAQ : TRST ) today announced financial results for the third quarter of 2026 highlighted by a continued increase in net interest income and sustained loan and deposit growth across core lending and deposit categories . For the three months ended September 30 , 2026 , net interest income increased 9.1 % year over year to $ 47.0 million . This was driven by the ongoing asset repricing across our loan portfolio at higher yields and effective execution of deposit growth and pricing strategies . For the three months ended September 30 , 2026 , net interest margin expanded to 2.95 % from 2.79 % in the prior year period . This resulted in third quarter 2026 net income of $ 17.3 million , or $ 1.02 diluted earnings per share , compared to net income of $ 16.3 million , or $ 0.86 diluted earnings per share , for the third quarter 2025 ; and contributed to net income of $ 50.6 million , or $ 2.91 diluted earnings per share , for the nine months ended September 30 , 2026 , compared to net income of $ 45.6 million , or $ 2.41 diluted earnings per share , for the nine months ended September 30 , 2025 . Overview Chairman , President , and CEO , Robert J. McCormick , said " Another quarter of solid financial performance is the product of TrustCo's continued execution of tried and true banking principles