TriCo: Q4 Financial Results Overview

TriCo Bancshares Reports Strong Fourth Quarter Results

TriCo Bancshares, headquartered in Chico, California, announced a net profit of $33.6 million for the fourth quarter.

The company achieved earnings of $1.03 per share, surpassing the $1.01 per share consensus forecast from four analysts polled by Zacks Investment Research.

During the quarter, Tri Counties Bank’s parent company generated $137.3 million in total revenue. After accounting for interest expenses, net revenue reached $109.4 million, which also exceeded analyst predictions.

For the full year, TriCo Bancshares reported a total profit of $121.6 million, or $3.70 per share, with annual revenue totaling $419.2 million.