Brief: Trico Bancshares Q2 Net Income USD 27.542 Million

Trico Bancshares

24/07/2025 11:00

Overview

Trico Bancshares Q2 net income at $27.5 mln, EPS beats estimates

Net interest income rises 4.8% qtr/qtr, net interest margin improves

Loan and deposit balances increase, boosting financial performance

Outlook

Company expects balance sheet growth to drive net interest income in 2025

Company's net interest margin outlook remains stable with yield improvements

Company remains confident in portfolio performance meeting high standards

Company focused on improving operating leverage despite rising personnel costs

Result Drivers

LOAN GROWTH - Loans increased by $138.2 mln or 8.1% annualized, driven by new originations and improved economic conditions

DEPOSIT INCREASE - Deposits rose by $170.5 mln or 8.3% annualized, supported by demand and savings accounts

MARGIN EXPANSION - Net interest margin improved to 3.88%, up 15 bps over trailing quarter, aided by higher asset yields and lower funding costs

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 EPS
Beat
$0.84
$0.81 (6 Analysts)
Q2 Net Income
$27.54 mln
Q2 Net Interest Income
$86.52 mln
Q2 Credit Loss Provision
$4.7 mln


Press Release: ID:nBw11xHrMa

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)