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TrustCo to Release Commencement Quarter 2022 Results on April 21, 2022; Briefing Phone call on Apr 22, 2022

TrustCo Bank Corp NY

GLENVILLE, N.Y., April 12, 2022 (GLOBE NEWSWIRE) --

TrustCo Banking company Corp NY (TrustCo, Nasdaq: TRST) today announced that it volition release get-go quarter 2022 results subsequently the marketplace close on April 21, 2022. Results are released on the 21^st of the reporting months (January, April, July and October), or on the next day that equity markets are open if the 21^st falls on a Friday, weekend or holiday. A conference telephone call to discuss the results volition be held at 9:00 a.chiliad. Eastern Time on Apr 22, 2022. Those wishing to participate in the call may dial price-free for the United States at ane-844-200-6205, for Canada at 1-833-950-0062, and all other locations at 1-929-526-1599, Access lawmaking 630692. A replay of the call will be available for 30 days by dialing toll-gratis for the United States at i-866-813-9403, for Canada at 1-226-828-7578, and all other locations at +44-204-525-0658, Access lawmaking 640611.

The call volition also be audio webcast at https://events.q4inc.com/attendee/372562324, and volition be available for 1 yr. The earnings press release will be posted on the Company's Investor Relations website at: https://trustcobank.q4ir.com/corporate-overview/corporate-contour/default.aspx?iid=100465. Other information, including the Company'southward most recent annual report, proxy statement and filings with the Securities and Commutation Commission can besides be found at this website.

TrustCo Bank Corp NY is a $6.ii billion savings and loan holding company and through its subsidiary, Trustco Bank, operates 147 offices in New York, New Jersey, Vermont, Massachusetts, and Florida. For more information, visit www.trustcobank.com.

In add-on, the Banking company's Financial Services Department offers a full range of investment services, retirement planning and trust and estate administration services.

The common shares of TrustCo are traded on The NASDAQ Global Select Market nether the symbol TRST.

Safe Harbor Statement

All statements in this news release that are non historical are frontwards-looking statements within the meaning of the Securities Commutation Human action of 1934, as amended. Forward-looking statements tin can be identified by words such every bit "anticipate," "intend," "plan," "goal," "seek," "believe," "projection," "estimate," "expect," "strategy," "future," "likely," "may," "should," "will" and like references to future periods. Examples of forward-looking statements include, among others, statements we make regarding our expectations for our performance during electric current and futurity periods and for the growth of loans and deposits throughout our branch network, our ability to capitalize on economic changes in the areas in which we operate and the extent to which higher expenses to fulfill operating and regulatory requirements recur or diminish over fourth dimension. Such frontward-looking statements are subject to factors that could crusade actual results to differ materially for TrustCo from those discussed. TrustCo wishes to caution readers non to place undue reliance on whatsoever such forrad-looking statements, which speak only equally of the date made. The following important factors, amongst others, in some cases take affected and in the future could affect TrustCo's actual results and could cause TrustCo'southward actual financial performance to differ materially from that expressed in any forrad-looking statement: the issue of the COVID-19 pandemic on our business organisation, financial condition, liquidity and results of operations; our ability to go on to originate a meaning volume of one-to-four family unit mortgage loans in our market areas; our ability to proceed to maintain noninterest expense and other overhead costs at reasonable levels relative to income; our power to comply with the supervisory agreement entered into with Trustco Bank'due south regulator and potential regulatory actions if we fail to comply; restrictions or conditions imposed by our regulators on our operations that may go far more than difficult for united states of america to achieve our goals; the future earnings and capital letter levels of Trustco Banking company and the continued ability of Trustco Banking company under regulatory rules and the supervisory agreement to distribute uppercase to TrustCo, which could touch on our ability to pay dividends; results of examinations of Trustco Bank and TrustCo past our respective regulators; our ability to make accurate assumptions and judgments regarding the credit risks associated with lending and investing activities; the effect of changes in financial services laws and regulations and the affect of other governmental initiatives affecting the fiscal services industry; the effects of, and changes in, trade, monetary and fiscal policies and laws, including involvement rate policies of the Federal Reserve Board, inflation, interest rates, market and monetary fluctuations; the perceived overall value of our products and services by users, including in comparison to competitors' products and services and the willingness of electric current and prospective customers to substitute competitors' products and services for our products and services; real estate and collateral values; changes in accounting policies and practices, as may be adopted by the banking concern regulatory agencies, the FASB or PCAOB; changes in local marketplace areas and general business concern and economic trends, as well equally changes in consumer spending and saving habits; our success at managing the risks involved in the foregoing and managing our business organization; and other risks and uncertainties nether the heading "Risk Factors" in our virtually recent annual report on Course 10-Thou and in our subsequent quarterly reports on Form 10-Q or other securities filings.

Subsidiary: Trustco Bank

Contact:
Robert Leonard
Executive Vice President and
Main Risk Officeholder
(518) 381-3693

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Source: https://finance.yahoo.com/news/trustco-release-first-quarter-2022-193000476.html

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