Company / Income Tax
TrustCo Bank Corp NY Income Tax History
FY2015-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Income Tax
$15.2M
FY2024
5-year range
$15.2M / $24.2M
FY2020-FY2024
Trend
-19.8%
vs FY2023
Sector context
#303 of 392
Financials
What the data says
TrustCo Bank Corp NY's income tax of $15M is lower than 77% of companies in the Financials sector (FY2024). Income Tax has fluctuated over the past 10 years, ranging from $15M in FY2024 to $34M in FY2017.
Based on SEC 10-K filings.
$15M in FY2024 with a 5-year CAGR of -4.0%.
Improved from $24M to $15M over the past 2 years.
Financials sector context is included.
Income Tax over time
Growth rates
- 3-Year CAGR
- -9.6%
- 5-Year CAGR
- -4.0%
- 10-Year CAGR
- -
Sector benchmark
Top 23% in FinancialsTop 23% of 392This company $15.2M Sector average $321.5M
▼
-95.3% below sector average
Key checks
Key Insights
- 5-year CAGR of -4.0%, indicating a declining trend.
- In FY2024, income tax decreased 19.8% year-over-year.
- Ranks #303 out of 392 companies in the Financials sector.
- Peak income tax was recorded in FY2017.
Annual data
| Year | Income TaxValue | YoY GrowthYoY |
|---|---|---|
| FY2024 | $15.2M | -19.8% |
| FY2023 | $19.0M | -21.6% |
| FY2022 | $24.2M | +17.3% |
| FY2021 | $20.6M | +21.3% |
| FY2020 | $17.0M | -9.0% |
| FY2019 | $18.7M | +2.5% |
| FY2018 | $18.2M | -45.8% |
| FY2017 | $33.6M | +30.8% |
| FY2016 | $25.7M | +4.8% |
| FY2015 | $24.5M | -10.5% |
As of FY2024 · SEC 10-K · Updated Feb 28, 2026