TriCo Earnings Reports

TriCo Bancshares reported a net income of $26.4 million and diluted EPS of $0.80 for the first quarter of 2025. The company's core business activities of adding customers, growing deposits, and originating loans were solid despite a volatile economic environment, and they achieved an 'Outstanding' rating in their recent Community Reinvestment Act examination.

TriCo Bancshares reported a net income of $29.0 million, with diluted earnings per share of $0.88 for the fourth quarter of 2024. The net interest margin (FTE) was 3.76%. Loan balances increased by $84.6 million, while deposit balances increased by $50.5 million.

TriCo Bancshares reported a net income of $29.1 million and diluted EPS of $0.88 for the third quarter of 2024. The company's financial performance demonstrates the effectiveness of adhering to a long-term plan and consistent execution by its teams.

TriCo Bancshares reported a net income of $29.0 million, with diluted earnings per share of $0.87 for the second quarter of 2024. Deposit balances increased by $62.6 million, and the average yield on earning assets rose to 5.24%. The net interest margin remained stable at 3.68%.

TriCo Bancshares reported a net income of $27.7 million and diluted EPS of $0.83 for the first quarter of 2024. The company's deposit balances increased by $153.6 million, and the efficiency ratio improved to 57.36%.

TriCo Bancshares reported a net income of $26.1 million for Q4 2023, a decrease compared to the previous quarter and the same quarter of the prior year. The company faced challenges from margin compression and increased non-interest expenses due to cyber costs and regulatory responses.

TriCo Bancshares reported a net income of $30.6 million for Q3 2023, an increase from $24.9 million in the previous quarter but a decrease compared to $37.3 million in the same quarter last year. Diluted earnings per share were $0.92, up from $0.75 in the previous quarter but down from $1.12 in Q3 2022.

TriCo Bancshares reported a net income of $24.9 million for the quarter ended June 30, 2023, compared to $31.4 million for the same quarter last year. Diluted earnings per share were $0.75 for the second quarter of 2023, compared to $0.93 during the second quarter of 2022.

TriCo Bancshares reported a net income of $35.8 million for Q1 2023, a slight decrease compared to the previous quarter but a significant increase compared to the same quarter last year. The company's balance sheet remains flexible with readily accessible liquidity sources.

TriCo Bancshares announced net income of $36.34 million for the quarter ended December 31, 2022, compared to $37.34 million during the trailing quarter ended September 30, 2022, and $28.22 million during the quarter ended December 31, 2021. Diluted earnings per share were $1.09 for the fourth quarter of 2022, compared to $1.12 for the third quarter of 2022 and $0.94 during the fourth quarter of 2021.

TriCo Bancshares announced net income of $37,338,000 for the quarter ended September 30, 2022, and diluted earnings per share were $1.12. The company experienced organic loan growth and improved its efficiency ratio.

TriCo Bancshares announced net income of $31.4 million for the quarter ended June 30, 2022. Diluted earnings per share were $0.93 for the second quarter of 2022. The Company’s return on average assets was 1.24%, while the return on average equity was 11.53%.

TriCo Bancshares reported a net income of $20.37 million for Q1 2022, a decrease compared to both the previous quarter ($28.22 million) and the same quarter of the prior year ($33.65 million). Diluted earnings per share also decreased to $0.67. The company completed its merger with Valley Republic Bancorp and experienced organic loan growth, excluding PPP, of $187.9 million.

TriCo Bancshares announced a net income of $28.2 million for Q4 2021, up from $27.4 million in the previous quarter and $23.7 million in Q4 2020. Diluted earnings per share rose to $0.94, compared to $0.92 in the prior quarter and $0.79 in the same quarter of the previous year. Loan growth, excluding PPP, was $119.4 million, representing an annualized growth of 10.1%.

TriCo Bancshares reported a net income of $27.4 million for the quarter ended September 30, 2021, with diluted earnings per share of $0.92. The company's return on average assets was 1.30%, and the return on average equity was 11.02%. Organic loan growth, excluding PPP, totaled $30.7 million.

TriCo Bancshares reported a strong quarter with net income of $28,362,000 and diluted earnings per share of $0.95. The company saw organic loan growth, excluding PPP, and an increase in noninterest income related to service charges and fees.

TriCo Bancshares reported a net income of $33.649 million for the quarter ended March 31, 2021, a significant increase compared to both the previous quarter and the same quarter last year. Diluted earnings per share also saw a substantial rise, driven by organic and PPP loan growth and strategic deployment of liquidity.

TriCo Bancshares announced net income of $23.7 million for the quarter ended December 31, 2020, compared to $17.6 million during the trailing quarter ended September 30, 2020 and $22.9 million during the quarter ended December 31, 2019. Diluted earnings per share were $0.79 for the fourth quarter of 2020, compared to $0.59 for the third quarter of 2020 and $0.75 for the fourth quarter of 2019.

TriCo Bancshares reported a net income of $17.6 million for the quarter ended September 30, 2020, a significant increase compared to the previous quarter. The company experienced non-PPP loan growth and strong deposit growth, while also reducing its cost of funds. Credit quality remained stable, and non-interest income increased due to mortgage banking gains and card usage.

TriCo Bancshares reported a net income of $7,430,000 for the quarter ended June 30, 2020, with diluted earnings per share at $0.25. The company's total loans, total assets and total deposits reached $4.80 billion, $7.36 billion and $6.25 billion, respectively.

TriCo Bancshares reported a decrease in net income to $16.121 million for the quarter ended March 31, 2020, compared to $22.890 million in the previous quarter and $22.726 million in the same quarter last year. Diluted earnings per share also decreased to $0.53, compared to $0.75 in the previous quarter and $0.74 in the first quarter of 2019. The company's return on average assets was 1.00%, and the return on average equity was 7.14%.