Trico Bancshares Stock Price, News & Analysis

TriCo Bancshares (NASDAQ: TCBK) is a California corporation that serves as the bank holding company for Tri Counties Bank, a California‑chartered bank. The company operates in the commercial banking industry within the broader finance and insurance sector. Its banking subsidiary is engaged in general commercial and retail banking activities across California, with a focus on individuals, small businesses, and commercial clients.

Tri Counties Bank was established in 1975 and is described as a wholly owned subsidiary of TriCo Bancshares, headquartered in Chico, California. According to company disclosures, Tri Counties Bank has nearly $10 billion in assets and emphasizes approximately 50 years of financial stability. The bank positions itself as "California’s Local Bank," highlighting local bankers and local decision-making as part of its service model for customers throughout the state.

Core banking services and products

According to the company’s description, Tri Counties Bank offers a breadth of personal, small business, and commercial financial services. These services include accepting demand, savings, and time deposits and making small business, commercial, real estate, and consumer loans. The bank also offers a range of treasury management services and other customary banking services, which include safe deposit boxes at some branches.

The company identifies net interest income as its primary source of revenue. This reflects the spread between interest earned on loans and investments and interest paid on deposits and other funding sources. In addition to traditional deposit and lending activities, Tri Counties Bank provides brokerage services through Tri Counties Advisors, which operates via an affiliation with Raymond James Financial Services, Inc., as disclosed in multiple company press releases.

Retail, digital, and ATM access

Tri Counties Bank describes an extensive physical and digital presence in California. Company communications state that the bank maintains more than 75 locations across the state and provides advanced mobile and online banking. Customers also have access to approximately 40,000 surcharge‑free ATMs nationwide, according to the bank’s public statements. Around‑the‑clock access to accounts is supported through ATM, online, and mobile banking channels.

The bank emphasizes what it calls "Service with Solutions®," which it characterizes as a customer‑focused approach to serving both individuals and businesses. This approach is referenced in dividend and community‑focused press releases and is presented as central to how the bank delivers its consumer, small business, and commercial banking services.

Business and commercial banking focus

Tri Counties Bank has publicly described a restructuring of its business and commercial management teams to provide more specialized expertise for California businesses. In that communication, the bank outlined three relationship categories based on client revenue size: Business Banking for businesses with revenues between $2 million and $10 million, Commercial Banking for revenues between $10 million and $50 million, and Middle Market and Specialty Banking for businesses with annual revenues greater than $50 million.

This structure is intended, according to the bank, to support relationship‑based banking and specialized lending for businesses at different stages of growth. The bank highlights its ability to provide tailored financial solutions and specialized teams focused on areas such as middle market and specialty banking, commercial real estate, public sector banking, and food and agribusiness banking.

Geographic footprint and branch network

Company press releases describe Tri Counties Bank as serving individuals and businesses throughout California. The bank is headquartered in Chico, California, and notes additional corporate offices in Roseville, South San Francisco, and Bakersfield. It has also announced expansion of its presence in the San Francisco Bay Area, including a new full‑service branch in the West Portal neighborhood of San Francisco. That branch is described as offering relationship‑based banking with relationship desks instead of traditional teller lines, along with a walk‑up ATM and other branch services.

Across its footprint, Tri Counties Bank presents itself as combining the breadth of services associated with larger banks with local decision‑making. Its public communications emphasize local bankers, community engagement, and regional expertise as part of its operating model in California.

Community development and philanthropy

Tri Counties Bank’s public statements highlight a focus on community development, philanthropy, and financial inclusion. The bank reports participation in grant programs in partnership with the Federal Home Loan Bank of San Francisco (FHLBank San Francisco), including the Empowering Homeownership Matching Grant Program and the Access to Housing and Economic Assistance for Development (AHEAD) Program.

Through these programs, Tri Counties Bank has described grants directed to organizations such as Self‑Help Enterprises, Greater Sacramento Urban League, San Francisco Housing Development Corporation, Alchemist Community Development Corporation, Jefferson Economic Development Institute, and the Kashia Band of Pomo Indians of the Stewarts Point Rancheria. These grants are described as supporting affordable homeownership counseling, housing stabilization, small business and culinary entrepreneurship, financial literacy, and job training in various California communities.

The bank also references its Community Reinvestment Act (CRA) performance, noting that it completed a CRA examination resulting in a rating of "Outstanding," as disclosed in a first‑quarter earnings press release. This is presented as evidence of the bank’s efforts in lending, investment, and services to low‑ and moderate‑income communities within its assessment areas.

Financial profile and shareholder returns

TriCo Bancshares reports detailed financial results through quarterly earnings press releases and related Form 8‑K filings. These communications discuss metrics such as net income, diluted earnings per share, net interest income, net interest margin, loan and deposit growth, efficiency ratio, allowance for credit losses, and return on average assets and equity. While the specific figures vary by quarter, the company consistently identifies net interest income as a central driver of performance.

The Board of Directors of TriCo Bancshares has a history of declaring quarterly cash dividends on its common stock, as documented in multiple press releases and corresponding Form 8‑K filings. The company notes a long record of consecutive quarterly cash dividends and has highlighted periodic increases in the dividend amount over multi‑year periods. These dividend declarations are described as reflecting management’s expectations regarding growth in earning assets and earnings per share.

Technology, access, and customer experience

In its public materials, Tri Counties Bank emphasizes combining branch‑based relationship banking with digital access. It cites online and mobile banking capabilities, 24‑hour ATM access, and a large surcharge‑free ATM network. The bank also highlights branch design elements in certain locations, such as relationship desks in place of traditional teller lines, which are intended to facilitate more in‑depth interactions between customers and bankers.

The bank states that it offers financial services that "rival those offered by larger banks" while maintaining flexibility and local service. It also notes recognition by various publications as a top workplace and as among the best banks, and it links this recognition to its ability to recruit and retain diverse and talented team members.

Regulatory status and listing

TriCo Bancshares is incorporated in California and identifies itself as a registrant under the Securities Exchange Act of 1934. According to its Form 8‑K filings, the company’s common stock, no par value, trades on the Nasdaq stock market under the symbol "TCBK". The filings list TriCo Bancshares as a reporting company with securities registered pursuant to Section 12(b) of the Act. The bank subsidiary, Tri Counties Bank, is a member of the FDIC and an Equal Housing Lender, as disclosed in multiple press releases.

How TriCo Bancshares fits within commercial banking

Within the commercial banking industry, TriCo Bancshares, through Tri Counties Bank, focuses on general commercial and retail banking in California. Its activities span consumer banking, small business banking, and commercial and middle‑market banking. The company’s communications emphasize relationship‑based banking, local decision‑making, and community involvement as key elements of its approach to serving customers and communities across the state.