Trico Bancshares Q3 profit rises on higher interest income

Trico Bancshares

23/10/2025 11:12

Overview

Trico Bancshares Q3 net income rises 17% yr/yr to $34 mln

Diluted EPS for Q3 increases to $1.04 from $0.88 yr/yr

Net interest income for Q3 grows 8.4% yr/yr to $89.8 mln

Outlook

Trico Bancshares anticipates crossing the $10 bln threshold in 2026

Company expects steepening yield curve to boost net interest income

Company sees positive trends benefiting future periods

Result Drivers

LOAN GROWTH - Increased loan originations and fee income from refinancing activities contributed to higher net interest income

DEBT MANAGEMENT - Reduction in interest expense on junior subordinated debt improved net interest margins

CREDIT LOSS PROVISION - Significant decrease in provision for credit losses due to improved credit conditions

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 EPS
$1.04
Q3 Net Income
$34.01 mln
Q3 Net Interest Income
$89.55 mln
Q3 Credit Loss Provision
$670,000


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the banks peer group is "buy"

Wall Street's median 12-month price target for Trico Bancshares is $48.00, about 11.8% above its October 21 closing price of $42.33

The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 12 three months ago

Press Release: ID:nBwX92mya

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(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.)