TrustCo Announces Declaration of Quarterly Dividend of $0.38 Per Share; Notes Strong Shareholder Support at 2026 Annual Meeting (Form 8-K)

TrustCo Announces Declaration of Quarterly Dividend of $0.38 Per Share;

Notes Strong Shareholder Support at 2026 Annual Meeting

Glenville, New York - May 20, 2026

The Board of Directors of TrustCo Bank Corp NY (TrustCo, Nasdaq: TRST) on May 19, 2026 declared a quarterly cash dividend of $0.38 per share, or $1.52 per share on an annualized basis. The dividend will be payable on July 1, 2026 to shareholders of record at the close of business on June 5, 2026.

Chairman, President, and Chief Executive Officer Robert J. McCormick said: "We are very pleased that the performance of the company continues to support our century-long commitment to a meaningful quarterly dividend. We are proud to announce the declaration of a cash dividend again this quarter. We believe that the strong shareholder support for our directors and the compensation of our named executive officers at our annual meeting yesterday is a vote of confidence in the way the bank is being run, including the capital and dividend policies."

About TrustCo Bank Corp NY

TrustCo Bank Corp NY is a $6.5 billion savings and loan holding company and through its subsidiary, Trustco Bank, operated 132 offices in New York, New Jersey, Vermont, Massachusetts, and Florida.

In addition, the Bank's Wealth Management 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 under the symbol TRST.