TriCo: Q1 Earnings Snapshot
By AP News
Published - Apr 25, 2024, 07:59 AM ET
Last Updated - May 27, 2024, 01:07 AM EDT
CHICO, Calif. (AP) — CHICO, Calif. (AP) — TriCo Bancshares (TCBK) on Thursday reported first-quarter profit of $27.7 million.
The Chico, California-based bank said it had earnings of 83 cents per share.
The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 81 cents per share.
The holding company for Tri Counties Bank posted revenue of $131.2 million in the period. Its revenue net of interest expense was $98.5 million, which missed Street forecasts.
