The Daily Gazette
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Trustco's 3-year stock performance slips

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Over the past three years, the holding company for Glenville-based Trustco Bank saw its stock performance dip 11 percent. Many other banks experienced similar performances, but Trustco officials assured shareholders Thursday that flattened expenses should help drive returns. TrustCo Bank Corp NY shareholders learned about the health of their investments at the company’s annual meeting Thursday afternoon at Mallozzi’s Restaurant in Rotterdam. A copy of a presentation given at the meeting was filed Thursday with ...

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May 25, 2013
1:51 p.m.

[ Flag Post ]

Trustco's stock price in 2004 was over $12 per share. This week it was under $6 per share. The reasons for that would have made a much better story, Ms. Bump. And if you need a little better lead, check out the compensation & retirement packages of President McCormick & his father!