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Dec 31, 2024
TriCo Q4 2024 Earnings Report
TriCo Bancshares reported a net income of $29.0 million and diluted EPS of $0.88 for Q4 2024.
Key Takeaways
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.
Net income was $29.0 million, or $0.88 per diluted share.
Net interest margin (FTE) was 3.76%.
Loan balances increased $84.6 million, or 5.1% (annualized).
Deposit balances increased $50.5 million, or 2.5% (annualized).
TriCo
TriCo
Forward Guidance
The statements contained herein that are not historical facts are forward-looking statements based on management’s current expectations and beliefs concerning future developments and their potential effects on the Company.