Trustco Bank Corp N Y (TRST) Tax Rate (2010 - 2026)

Trustco Bank Corp N Y has reported Tax Rate for 17 years, with the latest figure at 24.67% in Q1 2026.

• For the quarter ending Q1 2026, Tax Rate rose 93.0% year-over-year to 24.67%; the trailing twelve-month figure through Mar 2026 stood at 19.63% (down 113.0% YoY), and the FY2025 full-year result was 19.23%, down 142.0% from the prior year.
• Tax Rate for Q1 2026 stood at 24.67%, up from 6.44% in the prior quarter.
• The five-year high for Tax Rate was 24.98% in Q1 2023, with the low at 6.44% in Q4 2025.
• Historically, Tax Rate has averaged 22.26% across 5 years, with a median of 23.83% in 2024.
• Annual changes were most pronounced in 2023 — Tax Rate jumped 115 bps — and 2024, when it plunged 1363 bps.
• Trustco Bank Corp N Y's Tax Rate stood at 23.98% in 2022, then dropped by 1 bps to 23.66% in 2023, then slumped by 58 bps to 10.03% in 2024, then slumped by 36 bps to 6.44% in 2025, then surged by 283 bps to 24.67% in 2026.
• The last three Tax Rate figures came in at 24.67% (Q1 2026), 6.44% (Q4 2025), and 23.73% (Q3 2025), per Business Quant data.