Horizon Bancorp, Inc. (HBNC) vs TrustCo Bank Corp NY (TRST)
A side-by-side comparison of Horizon Bancorp, Inc. and TrustCo Bank Corp NY across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.
Total return — HBNC vs TRST
growth of $100 · dividends reinvested · last 10yHBNC vs TRST: by the numbers
- •HBNC is the larger company ($991M vs $939M market cap).
- •TRST is profitable (26.95% net margin) while HBNC runs a net loss (-150.89%).
- •TRST grew revenue faster over the past five years (5.00% vs -17.66% CAGR).
- •HBNC pays the higher dividend yield (3.33% vs 2.79%).
Metrics side by side
Valuation
| Metric | HBNC | TRST |
|---|---|---|
| P/E ratio | N/A | 15.31 |
| Forward P/E | 9.07 | N/A |
| PEG ratio | N/A | 4.22 |
| P/S ratio | 10.39 | 3.89 |
| P/B ratio | 1.36 | 1.43 |
Profitability
| Metric | HBNC | TRST |
|---|---|---|
| Operating margin | -197.96% | 29.18% |
| Net margin | -150.89% | 26.95% |
| ROE | -19.83% | 9.92% |
Horizon Bancorp, Inc.: Gross margin is not shown for a lender or insurer: its revenue is interest, premiums and fees rather than the sale of goods, so there is no cost of goods sold to measure it against.
TrustCo Bank Corp NY: Gross margin is not shown for a lender or insurer: its revenue is interest, premiums and fees rather than the sale of goods, so there is no cost of goods sold to measure it against.
Dividends
| Metric | HBNC | TRST |
|---|---|---|
| Dividend yield | 3.33% | 2.79% |
| Payout ratio | N/A | 42.78% |
Growth (annualized)
| Metric | HBNC | TRST |
|---|---|---|
| Revenue CAGR (5Y) | -17.66% | 5.00% |
| EPS CAGR (5Y) | N/A | 3.63% |
| Total return CAGR (5Y) | 5.42% | 15.54% |
Frequently asked
- Which has grown faster, HBNC or TRST?
- Over the past five years, TRST grew revenue faster — HBNC at a -17.66% CAGR versus TRST at 5.00%.
- Does HBNC or TRST pay a bigger dividend?
- HBNC yields 3.33% and TRST yields 2.79% based on trailing dividends and the latest price.
- Is HBNC or TRST more profitable?
- TRST runs the higher net margin — HBNC at -150.89% versus TRST at 26.95%.
- How have HBNC and TRST total returns compared?
- Over the past 10 years, HBNC delivered 7.82% and TRST delivered 8.76% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Horizon Bancorp & TrustCo Bank Corp NY appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 6, 2026.