Is TRUSTCO BANK CORP N Y (TRST) Halal?

NASDAQ Financial Services United States $771M
✗ NOT HALAL
Confidence: 95/100
TRUSTCO BANK CORP N Y (TRST) is Not Halal under AAOIFI Standard 21 due to its classification in the Banks - Regional industry, which is excluded under Shariah screening. Companies operating in prohibited sectors such as conventional banking, insurance, alcohol, tobacco, and gambling are automatically excluded regardless of their financial ratios.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI Excluded — Banks - Regional ✗ NOT HALAL
DJIM Excluded — Banks - Regional ✗ NOT HALAL
MSCI Excluded — Banks - Regional ✗ NOT HALAL
S&P Excluded — Banks - Regional ✗ NOT HALAL
FTSE Excluded — Banks - Regional ✗ NOT HALAL

Financial Highlights

P/E Ratio
13.2
Forward: 14.9
EPS
$3.25
Dividend Yield
356.0%
Payout: 45.5%
P/B Ratio
1.1
Revenue
$188M
Growth: 11.3%
Beta
0.6
Low volatility

Profitability

Gross Margin 0.0%
Operating Margin 46.8%
Net Margin 32.8%
Return on Equity (ROE) 9.0%
Return on Assets (ROA) 1.0%

Cash Flow & Balance Sheet

Operating Cash Flow$58M
Free Cash Flow$46M
Total Debt$36M
Total Assets$6.4B

Price & Trading

Last Close$43.38
50-Day MA$44.12
200-Day MA$39.43
Avg Volume122K
Beta0.6
52-Week Range
$27.18
$48.45

About TRUSTCO BANK CORP N Y (TRST)

CEO
Mr. Robert Joseph McCormick
Employees
819
Sector
Financial Services
Industry
Banks - Regional
Country
United States
Exchange
NASDAQ
Market Cap
$771M
Currency
USD

TrustCo Bank Corp NY operates as the holding company for Trustco Bank that provides personal and business banking services to individuals and businesses. It accepts deposits; and offers loans and investments. The company also operates as a real estate investment trust that acquires, holds, and manages real estate mortgage assets, including residential mortgage loans and mortgage-backed securities. In addition, it operates as the executor of estates and trustee of personal trusts; provides asset and wealth management, estate planning and related advice, and custodial services; and acts as trustee for various types of employee benefit plans, and corporate pension and profit-sharing trusts. The company operates through banking offices in Albany, Columbia, Dutchess, Greene, Montgomery, Orange, Putnam, Rensselaer, Rockland, Saratoga, Schenectady, Schoharie, Ulster, Warren, Washington, and Westchester counties of New York; Brevard, Charlotte, Flagler, Hillsborough, Indian River, Lake, Manatee, Martin, Orange, Osceola, Palm Beach, Polk, Sarasota, Seminole, and Volusia counties in Florida; Bennington County in Vermont; Berkshire County in Massachusetts; and Bergen County in New Jersey, as well as automatic teller machines. TrustCo Bank Corp NY was founded in 1902 and is headquartered in Glenville, New York.

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Frequently Asked Questions

Is TRUSTCO BANK CORP N Y (TRST) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), TRUSTCO BANK CORP N Y is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is TRUSTCO BANK CORP N Y's debt ratio?

TRUSTCO BANK CORP N Y's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.

What are TRUSTCO BANK CORP N Y's key financial metrics?

TRUSTCO BANK CORP N Y has a market capitalization of $771M, trailing P/E ratio of 13.2, and revenue of $188M. Return on equity stands at 9.0%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.