TriCo's Q1 Earnings Top Estimates, Shares Down 11% YTD

TriCo (TCBK) Q1 earnings at $0.80 per share, beating estimates of $0.78. Revenue at $98.62 million, missing estimates by 0.04%. Shares have lost 11% this year compared to the S&P 500's decline of 8.6%. The company has a Zacks Rank #3 (Hold) and estimates for the coming quarters and current fiscal year are expected to change in the days ahead.

TriCo Bancshares (TCBK) reported its first-quarter 2025 earnings on April 24, 2025, with net income of $26.4 million or $0.80 per diluted share, slightly beating analysts' estimates of $0.78 per share. The company's revenue for the quarter came in at $98.62 million, missing estimates by 0.04%.

The company's net interest margin (FTE) decreased to 3.73% from 3.76% in the trailing quarter, while net interest income (FTE) stood at $82.8 million, down $1.5 million from the previous quarter. Loan balances increased by $52.3 million or 3.1% (annualized), and deposit balances grew by $117.8 million or 5.8% (annualized).

TriCo's return on average assets was 1.09% for the quarter, compared to 1.19% in the trailing quarter. The return on average equity was 8.54%, down from 9.30% in the trailing quarter. The loan-to-deposit ratio was 83.13% as of March 31, 2025, and the efficiency ratio was 60.42%.

The company's stock has lost 11% year-to-date compared to the S&P 500's decline of 8.6%. TriCo Bancshares has a Zacks Rank #3 (Hold), and analysts expect changes in estimates for the coming quarters and the current fiscal year.

References:
[1] https://www.stocktitan.net/news/TCBK/tri-co-bancshares-reports-first-quarter-2025-net-income-of-26-4-so3g34vfdkaj.html