Trico Bancshares Stock Price, News & Analysis

TriCo Bancshares (NASDAQ: TCBK) reported 3Q25 net income of $34.0M and diluted EPS $1.04, up from $27.5M and $0.84 in the prior quarter and up 17.1% YoY. Net interest income (FTE) was $89.8M with NIM (FTE) of 3.92% (+4 bps QoQ). Loans rose to $7.01B (+4.8% YoY) while deposits were $8.33B (+3.7% YoY; -2.0% annualized QoQ). Return on average equity was 10.47% and efficiency ratio improved to 56.18%. Provision for credit losses was <$0.7M> this quarter (vs $4.7M QoQ). Book value per share was $40.12 and tangible book value per share was $30.61 at 9/30/25. Results are preliminary and unaudited and will be finalized on Form 10-Q.

Tri Counties Bank (NASDAQ:TCBK) has expanded its presence in San Francisco with the opening of a new full-service branch in the West Portal neighborhood at 279 W. Portal Avenue. The branch features a unique layout with five relationship desks instead of traditional teller lines, offering personalized banking services and 24/7 ATM access.

The location is staffed by former First Republic Bank employees with strong community ties and operates Monday through Friday from 9 A.M. to 5 P.M. The branch provides comprehensive financial solutions including business banking, home loans, and savings products, supported by dedicated customer parking and night drop services.

TriCo Bancshares (NASDAQ: TCBK) has announced a quarterly cash dividend increase of 9.1% to $0.36 per share, marking its 144th consecutive quarterly dividend payment. The dividend will be payable on September 19, 2025, to shareholders of record as of September 5, 2025.

This represents the company's tenth dividend increase over the past 15 years, growing from $0.09 to $0.36 - a 4x multiple. The increase reflects management's positive outlook on growth in earning assets and earnings per share. TriCo, through its subsidiary Tri Counties Bank, manages nearly $10 billion in assets and operates across California with 50 years of financial stability.

TriCo Bancshares (NASDAQ: TCBK) reported strong Q2 2025 financial results with net income of $27.5 million, or $0.84 per diluted share, up from $26.4 million ($0.80 per share) in Q1 2025. The bank demonstrated robust growth with loan balances increasing by $138.2 million (8.1% annualized) and deposits growing by $170.5 million (8.3% annualized) from the previous quarter.

Key performance metrics included a net interest margin of 3.88%, up 15 basis points from Q1, and an improved efficiency ratio of 59.00%, down from 60.42%. The bank maintained strong credit quality with an allowance for credit losses at 1.79% of total loans. Non-interest bearing deposits represented 30.6% of total deposits, while the average cost of total deposits decreased to 1.37%.

Tri Counties Bank (TCBK) has partnered with FHLBank San Francisco to donate $180,000 in grants through the Empowering Homeownership Matching Grant Program. The funds will be distributed to three organizations: Self-Help Enterprises ($75,000), Greater Sacramento Urban League ($60,000), and San Francisco Housing Development Corporation ($45,000).

The program operates on a 2:1 matching ratio, where FHLBank San Francisco provides $2 for every $1 contributed by Tri Counties Bank, up to $200,000. These grants support HUD-approved housing counseling services, homebuyer education, and financial empowerment programs aimed at making homeownership more accessible to low-, moderate-, and middle-income families throughout California.

Tri Counties Bank (NASDAQ:TCBK) has announced plans to open a new branch in San Francisco's West Portal neighborhood at 279 West Portal Avenue in late summer 2025. The location, formerly a First Republic Bank branch, will feature a modern banking approach with five relationship desks instead of traditional teller lines.

The full-service branch will be staffed by former First Republic Bank employees and will offer dedicated customer parking, lobby hours Monday-Friday 9 A.M. to 5 P.M., night drop services, and a 24/7 walk-up ATM with immediate cash deposit credit. The branch aims to provide personalized financial solutions for both personal and business banking needs in the West Portal community.

["Strategic expansion into San Francisco Bay Area market", "Hiring experienced local bankers from First Republic Bank", "Modern branch design with relationship-focused service model"]

Tri Counties Bank (TCBK) has announced a strategic restructuring of its business and commercial management teams to enhance specialized services for California businesses. The bank has established three distinct divisions based on revenue size: Business Banking ($2M-$10M), Commercial Banking ($10M-$50M), and Middle Market and Specialty Banking (>$50M). Led by Scott Myers, Head of Wholesale Banking, the reorganization aims to provide tailored financial solutions and relationship-based banking services. The bank has appointed several senior leaders including Aytom Salomon for Middle Market Banking, Lindsey Fudge for Commercial Real Estate, Vanessa Ryan for Public Sector Banking, and Brett Lew for Food and Agribusiness Banking.

TriCo Bancshares (NASDAQ: TCBK) has declared a quarterly cash dividend of $0.33 per share on its common stock. The dividend will be paid on June 20, 2025, to shareholders of record as of June 6, 2025.

Tri Counties Bank, a wholly-owned subsidiary of TriCo Bancshares, has assets of nearly $10 billion and celebrates 50 years of financial stability. The bank provides comprehensive financial services including consumer, small business, and commercial banking, along with brokerage services through its affiliation with Raymond James Financial Services.

TriCo Bancshares (NASDAQ: TCBK) reported Q1 2025 net income of $26.4 million, or $0.80 per diluted share, compared to $29.0 million ($0.88/share) in the previous quarter. The bank's net interest margin decreased to 3.73% from 3.76%, while net interest income declined by $1.5 million to $82.8 million.

Key metrics include: loan balances increased by $52.3 million (3.1% annualized) quarter-over-quarter; deposits grew by $117.8 million (5.8% annualized); average yield on earning assets decreased to 5.15% from 5.22%; and the efficiency ratio rose to 60.42% from 59.56%. The loan-to-deposit ratio stood at 83.13%.

The provision for credit losses increased to $3.7 million from $1.7 million in the previous quarter, primarily due to increased reserves for individually evaluated loans. Non-performing assets to total assets rose to 0.59% from 0.48% in the previous quarter.