earnings
confidence high
sentiment negative
materiality 0.70
TriCo Bancshares Q1 EPS $0.80, NIM 3.73%; non-performing assets rise to 0.59%
TRICO BANCSHARES /
2025-Q1 EPS reported
$0.80
revenue$12,678,000
- Net income $26.4M ($0.80 diluted EPS) down from $29.0M ($0.88) prior quarter and $27.7M ($0.83) year ago.
- Net interest margin (FTE) 3.73% vs 3.76% prior quarter; net interest income $82.5M down 1.8%.
- Provision for credit losses $3.7M (vs $1.7M prior quarter) driven by $4.9M increase in individually evaluated loan reserves.
- Non-performing assets to total assets 0.59% (up from 0.48% prior quarter); classified loans ratio 1.94% (up from 1.74%).
- Deposits grew $117.8M (5.8% annualized); loans grew $52.3M (3.1% annualized); dividend unchanged $0.33.