Trico Bancshares Q4 prelim profit up 15.8% on higher interest income

Trico Bancshares

22/01/2026 11:39

Overview

Bank's preliminary Q4 net income rises 15.8% yr/yr

Company authorized new share repurchase program

Net interest income for Q4 increased 3% over trailing quarter

Outlook

Trico Bancshares expects incremental improvement in net interest margin through 2026

Company anticipates expense growth to accelerate in 2026 but maintain positive leverage

Trico Bancshares focuses on executing long-term strategies amid economic alignment

Result Drivers

NET INTEREST INCOME - Increased by 3% from the trailing quarter, driven by reduced interest expenses and improved net interest margin

LOAN GROWTH - Loan balances increased by $104.3 mln or 6.0% annualized from the trailing quarter, supporting revenue growth

CREDIT LOSS PROVISION - Increased provision for credit losses to $3.0 mln, reflecting adjustments in reserves for credit risks

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 EPS
$1.03
Q4 Net Income
$33.63 mln
Q4 Net Interest Income
$92.23 mln
Q4 Credit Loss Provision
-$3 mln


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 $49.50, about 2.2% below its January 21 closing price of $50.61

Press Release: ID:nBw3zyqjGa

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(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.)