TriCo Bancshares filings document the public-company record for a California bank holding company whose primary subsidiary is Tri Counties Bank. Recent current reports furnish unaudited operating results, Regulation FD investor materials, dividend declarations and share repurchase authorization, with disclosures tied to net interest income, loan and deposit trends, credit quality and capital actions.
Proxy materials cover board governance, shareholder voting matters, executive compensation and equity-award information. The filing record also identifies the company's common stock, no par value, traded on Nasdaq under TCBK, and the corporate and governance framework supporting its commercial and retail banking operations in California.
TRICO BANCSHARES director John S A Hasbrook reported equity compensation activity involving restricted stock units (RSUs). On May 22, 2026, 2,178 RSUs (including accumulated dividends) vested and converted into the same number of common shares on a one-for-one basis at a per-share value of $50.68, increasing his directly held common stock to 66,812.84 shares. On May 21, 2026, he also received a new award of 1,676 RSUs, which vest 100% on May 21, 2027, with cash dividends on these RSUs to be reinvested in additional shares at fair market value; the per-unit value at grant was $50.11, based on the 30-day average closing price of the company’s common stock.
TRICO BANCSHARES director Margaret L. Kane increased her equity stake through routine compensation-related transactions. On May 22, 2026, she exercised 2,178 Restricted Stock Units (including accumulated dividends) into the same number of common shares on a one-for-one basis, at a vesting-date share price of $50.68. After this conversion, she directly held about 12,183.56 common shares. On May 21, 2026, she also received a new award of 1,646 Restricted Stock Units, which vest 100% on May 21, 2027, with cash dividends on the RSUs reinvested in issuer common stock and a per-unit grant-date value of $50.11.
TRICO BANCSHARES director Michael W. Koehnen reported routine equity compensation activity. On May 22, 2026, he converted 2,178 Restricted Stock Units, including accumulated dividends, into the same number of common shares on a one-for-one basis. The footnotes state the price per share on the vesting date was $50.68, and his directly held common stock increased to 129,349.577 shares.
On May 21, 2026, he also received a new grant of 1,646 Restricted Stock Units, which vest 100% on May 21, 2027. Cash dividends on these RSUs are reinvested into the issuer’s common stock at fair market value, with a per-unit value of $50.11 based on the 30-day average closing price ending that date. The filing also lists indirect holdings in company stock through an ESOP trust, family entities, a profit-sharing plan, a mother’s trust, and a spouse.
TriCo Bancshares, parent of Tri Counties Bank, declared a quarterly cash dividend of $0.36 per share on its common stock. The Board approved the dividend on May 21, 2026.
The dividend will be paid on June 26, 2026 to shareholders of record as of June 5, 2026. This marks the company’s 147th consecutive quarterly cash dividend, underscoring a long-running pattern of regular shareholder payouts. The company notes Tri Counties Bank has nearly $10 billion in assets and about 50 years of operating history.
TriCo Bancshares reported stronger quarterly results, with net income for the three months ended March 31, 2026 rising to $33.7M from $26.4M a year earlier. Basic earnings per share increased to $1.05 from $0.80, supported by higher net interest income and lower interest expense.
Total assets reached $9.95B, while loans were $7.07B and deposits were $8.40B, showing modest balance sheet growth from year-end. The allowance for credit losses on loans increased to $127.9M, reflecting continued conservative credit provisioning as nonaccrual and past-due loans remained contained across portfolios.
The company generated $91.2M of net interest income and $17.0M of non-interest income, while controlling non-interest expense at $59.1M. It returned capital to shareholders through $11.5M in cash dividends and repurchased 447,211 shares for about $21.6M under its 2025 share repurchase program.
Franklin Resources, Inc. reports beneficial ownership of 1,649,900 shares of Trico Bancshares Common Stock, representing 5.1% as of 03/31/2026. The filing states that Franklin Resources aggregated holdings previously reported separately by Franklin Mutual Advisers, Inc. and Brandywine Global Investment Management as part of an internal realignment effective for the quarter ended 03/31/2026. The schedule lists subsidiary holdings including 1,629,127 shares by Franklin Mutual Advisers, LLC and 20,773 shares by Franklin Advisers, Inc.
TriCo Bancshares reported higher first-quarter 2026 earnings with steady margins and solid credit quality. Net income was $33.7 million, up 27.8% from a year earlier, and diluted EPS rose to $1.04 from $0.80. Net interest income (fully tax-equivalent) reached $91.5 million, up 10.5% year over year, while net interest margin improved to 4.07% from 3.73%. Total loans were $7.07 billion, up 3.6% year over year, and deposits were $8.40 billion, up 2.4%. The bank’s return on average assets was 1.38% and return on average equity was 10.08%, with an efficiency ratio of 54.55%, better than a year ago. Credit costs remained controlled: the allowance for credit losses was 1.81% of loans and non-performing assets were 0.77% of total assets. The company also returned capital through dividends of $0.36 per share and repurchased 447,211 shares at an average price of $48.30.
TriCo Bancshares asks shareholders to vote at its May 21, 2026 annual meeting on electing 11 directors, approving executive pay on an advisory basis, amending bylaws to eliminate cumulative voting in director elections, and ratifying Baker Tilly US, LLP as 2026 auditor.
The proxy highlights 2025 performance: net income of $121.6 million versus $114.9 million in 2024, assets of $9.8 billion at December 31, 2025, and reductions in other borrowings and junior subordinated debt of $77.9 million and $59 million, respectively. Operating efficiency improved to 57.5% from 59.1%, and cash dividends rose to $1.38 per share from $1.32.
The Board emphasizes strong governance, with 10 of 11 directors independent, a lead independent director, majority-vote resignation policy, board retirement age, stock ownership guidelines, and restrictions on hedging and pledging. The filing also details human capital, community reinvestment and sustainability initiatives, including an “Outstanding” CRA rating, $1.6 million in donations and sponsorships in 2025, over 10,000 employee volunteer hours, and scholarship and special credit programs aimed at underserved communities.
TriCo Bancshares is soliciting proxies for its 2026 Annual Meeting to be held on May 21, 2026. Shareholders will vote to elect 11 directors, cast an advisory vote on executive compensation, consider a bylaw amendment to eliminate cumulative voting, and ratify Baker Tilly US, LLP as the independent auditor.
The company highlights strong 2025 performance including $121.6 million in net income, $9.8 billion in assets as of December 31, 2025, a $1.38 per-share cash dividend, and a 57.5% operating efficiency rate. The Board recommends a vote FOR all proposals.