Tri Counties Bank Aids Low-Income Families with Tax Refunds
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 hour ago
0mins
Source: Newsfilter
- Significant Refunds: In 2026, Tri Counties Bank's VITA program assisted over 600 low-income families in receiving a total of $1,269,012 in tax refunds, alleviating financial pressure and enhancing community financial stability.
- Wide Coverage: The program served communities across 10 counties in California, including Shasta, Butte, San Francisco, and Kern, with Tri Counties Bank hosting VITA services at 15 branches to ensure more families access essential tax assistance.
- Cost Savings: By providing free tax preparation services, participating families saved approximately $282,600 in preparation fees, considering the average tax preparation cost for California residents is $471, significantly reducing their financial burden.
- Ongoing Community Engagement: This marks Tri Counties Bank's third consecutive year participating in the VITA program, demonstrating its commitment to community development by helping families receive maximum refunds and build confidence in financial planning.
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Analyst Views on TCBK
Wall Street analysts forecast TCBK stock price to fall
4 Analyst Rating
2 Buy
2 Hold
0 Sell
Moderate Buy
Current: 52.640
Low
46.00
Averages
50.00
High
57.00
Current: 52.640
Low
46.00
Averages
50.00
High
57.00
About TCBK
TriCo Bancshares is a bank holding company. The Company’s principal business is to serve as the holding company for its subsidiary, Tri Counties Bank, a California-chartered commercial bank (the Bank). The Bank provides a breadth of personal, small business and commercial financial services, including accepting demand, savings and time deposits and making small business, commercial, real estate, and consumer loans, as well as a range of treasury management services and other customary banking services, including safe deposit boxes at some branches. The Bank also provides advanced online and mobile banking, a shared nationwide network of surcharge-free ATMs, and bankers available by phone seven days per week. Brokerage services are provided at the Bank’s offices by Tri Counties Wealth Management Advisors. The Company maintains two capital subsidiary business trusts (collectively, the Trusts), both organized by the Company.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Tri Counties Bank Aids Low-Income Families with Tax Refunds
- Significant Refunds: In 2026, Tri Counties Bank's VITA program assisted over 600 low-income families in receiving a total of $1,269,012 in tax refunds, alleviating financial pressure and enhancing community financial stability.
- Wide Coverage: The program served communities across 10 counties in California, including Shasta, Butte, San Francisco, and Kern, with Tri Counties Bank hosting VITA services at 15 branches to ensure more families access essential tax assistance.
- Cost Savings: By providing free tax preparation services, participating families saved approximately $282,600 in preparation fees, considering the average tax preparation cost for California residents is $471, significantly reducing their financial burden.
- Ongoing Community Engagement: This marks Tri Counties Bank's third consecutive year participating in the VITA program, demonstrating its commitment to community development by helping families receive maximum refunds and build confidence in financial planning.
See More
Tri Counties Bank Awards $110,000 in Scholarships to Students
- Total Scholarship Amount: Tri Counties Bank, in partnership with the Community Foundation of the North State, has awarded a total of $110,000 in scholarships to 80 graduating high school seniors across 21 counties in Northern and Central California, demonstrating a strong commitment to education.
- Types of Scholarships: The bank offers two types of scholarships, with 60 income-based scholarships of $1,500 aimed at low-to-moderate income students and 20 merit-based scholarships of $1,000 for students with high academic performance, reflecting support for diverse student backgrounds.
- Eligibility Criteria: Income-based scholarships require a Student Aid Index (SAI) of $6,655 or less and a minimum GPA of 2.5, while merit-based scholarships necessitate a GPA of 3.5 or higher, ensuring that assistance is directed towards deserving students in need.
- Community Investment: CEO Rick Smith emphasized that investing in students is a key element of the bank's mission, aiming to strengthen communities by supporting academic achievement and community service, thereby enhancing the bank's social responsibility.
See More
Multiple Companies Declare Quarterly Dividends
- Silvercorp Dividend Announcement: Silvercorp Metals declared a semi-annual dividend of $0.0125 per share, payable on or before June 25, 2026, aimed at enhancing shareholder returns and attracting more investor interest.
- Bentley Dividend Declaration: Bentley Systems announced a $0.07 per share cash dividend for Q2 2026, payable to all shareholders of record as of June 2, 2026, reflecting the company's ongoing profitability and commitment to its shareholders.
- TriCo Bancshares Dividend: TriCo Bancshares declared a quarterly cash dividend of $0.36 per share, marking the 147th consecutive dividend payment, showcasing its stable financial performance and long-term commitment to shareholders.
- PHINIA Dividend Announcement: PHINIA declared a quarterly cash dividend of $0.30 per common share, payable on June 23, 2026, to shareholders of record as of June 9, 2026, aimed at enhancing investor confidence through stable cash flows and supporting future growth.
See More
TriCo Bancshares Declares Quarterly Dividend of $0.36
- Quarterly Dividend Announcement: TriCo Bancshares has declared a quarterly dividend of $0.36 per share, consistent with previous payouts, reflecting the company's stable cash flow and profitability, which is likely to attract more investor interest.
- Dividend Yield: The forward yield of 2.84% provides shareholders with a relatively stable return, enhancing the company's appeal in the current market environment.
- Consecutive Payment Record: This marks the 147th consecutive quarterly cash dividend paid by TriCo Bancshares, demonstrating the company's commitment to shareholders and its long-term financial health.
- Shareholder Rights Assurance: The dividend will be payable on June 26, with a record date of June 5 and an ex-dividend date also on June 5, ensuring that shareholders receive their earnings promptly, further solidifying investor confidence.
See More
TriCo Bancshares Declares Quarterly Cash Dividend
- Quarterly Cash Dividend: TriCo Bancshares has declared a cash dividend of $0.36 per share, reflecting the company's ongoing profitability and commitment to shareholder returns, with payment scheduled for June 26, 2026, thereby reinforcing investor confidence.
- Consecutive Dividend Record: This marks the 147th consecutive quarterly cash dividend paid by the company, showcasing TriCo Bancshares' financial stability and sustained profitability since its establishment in 1975, which enhances its competitive position in the market.
- Asset Size: Tri Counties Bank, as a wholly-owned subsidiary of TriCo Bancshares, boasts nearly $10 billion in assets, indicating its significant presence in California's banking sector and its ability to offer a wide range of financial services to clients.
- Service Diversity: Tri Counties Bank provides comprehensive consumer, small business, and commercial banking services, and enhances its market competitiveness and customer service capabilities through its affiliation with Raymond James Financial Services, Inc. for brokerage services.
See More
TriCo Bancshares Q1 Earnings Beat Expectations
- Earnings Beat: TriCo Bancshares reported Q1 GAAP EPS of $1.04, exceeding expectations by $0.07, indicating strong profitability and boosting investor confidence in the company's financial health.
- Slight Decline in Net Interest Income: The net interest income (FTE) for the quarter was $91.5 million, down $1 million or 1.1% from the previous quarter, reflecting ongoing pressure from the interest rate environment that may impact future earnings growth.
- Transparency in Financial Information: TriCo Bancshares provided detailed financial data and historical earnings, enhancing market understanding of its financial health and aiding investors in making informed decisions.
- Dividend Performance Assessment: The company also released a dividend scorecard, showcasing its stability in dividend payments, which further attracts income-seeking investors looking for reliable returns.
See More
Tri Counties Bank Aids Low-Income Families with Tax Refunds
- Significant Refunds: In 2026, Tri Counties Bank's VITA program assisted over 600 low-income families in receiving a total of $1,269,012 in tax refunds, alleviating financial pressure and enhancing community financial stability.
- Wide Coverage: The program served communities across 10 counties in California, including Shasta, Butte, San Francisco, and Kern, with Tri Counties Bank hosting VITA services at 15 branches to ensure more families access essential tax assistance.
- Cost Savings: By providing free tax preparation services, participating families saved approximately $282,600 in preparation fees, considering the average tax preparation cost for California residents is $471, significantly reducing their financial burden.
- Ongoing Community Engagement: This marks Tri Counties Bank's third consecutive year participating in the VITA program, demonstrating its commitment to community development by helping families receive maximum refunds and build confidence in financial planning.
See More
Tri Counties Bank Awards $110,000 in Scholarships to Students
- Total Scholarship Amount: Tri Counties Bank, in partnership with the Community Foundation of the North State, has awarded a total of $110,000 in scholarships to 80 graduating high school seniors across 21 counties in Northern and Central California, demonstrating a strong commitment to education.
- Types of Scholarships: The bank offers two types of scholarships, with 60 income-based scholarships of $1,500 aimed at low-to-moderate income students and 20 merit-based scholarships of $1,000 for students with high academic performance, reflecting support for diverse student backgrounds.
- Eligibility Criteria: Income-based scholarships require a Student Aid Index (SAI) of $6,655 or less and a minimum GPA of 2.5, while merit-based scholarships necessitate a GPA of 3.5 or higher, ensuring that assistance is directed towards deserving students in need.
- Community Investment: CEO Rick Smith emphasized that investing in students is a key element of the bank's mission, aiming to strengthen communities by supporting academic achievement and community service, thereby enhancing the bank's social responsibility.
See More
Multiple Companies Declare Quarterly Dividends
- Silvercorp Dividend Announcement: Silvercorp Metals declared a semi-annual dividend of $0.0125 per share, payable on or before June 25, 2026, aimed at enhancing shareholder returns and attracting more investor interest.
- Bentley Dividend Declaration: Bentley Systems announced a $0.07 per share cash dividend for Q2 2026, payable to all shareholders of record as of June 2, 2026, reflecting the company's ongoing profitability and commitment to its shareholders.
- TriCo Bancshares Dividend: TriCo Bancshares declared a quarterly cash dividend of $0.36 per share, marking the 147th consecutive dividend payment, showcasing its stable financial performance and long-term commitment to shareholders.
- PHINIA Dividend Announcement: PHINIA declared a quarterly cash dividend of $0.30 per common share, payable on June 23, 2026, to shareholders of record as of June 9, 2026, aimed at enhancing investor confidence through stable cash flows and supporting future growth.
See More
TriCo Bancshares Declares Quarterly Dividend of $0.36
- Quarterly Dividend Announcement: TriCo Bancshares has declared a quarterly dividend of $0.36 per share, consistent with previous payouts, reflecting the company's stable cash flow and profitability, which is likely to attract more investor interest.
- Dividend Yield: The forward yield of 2.84% provides shareholders with a relatively stable return, enhancing the company's appeal in the current market environment.
- Consecutive Payment Record: This marks the 147th consecutive quarterly cash dividend paid by TriCo Bancshares, demonstrating the company's commitment to shareholders and its long-term financial health.
- Shareholder Rights Assurance: The dividend will be payable on June 26, with a record date of June 5 and an ex-dividend date also on June 5, ensuring that shareholders receive their earnings promptly, further solidifying investor confidence.
See More
TriCo Bancshares Declares Quarterly Cash Dividend
- Quarterly Cash Dividend: TriCo Bancshares has declared a cash dividend of $0.36 per share, reflecting the company's ongoing profitability and commitment to shareholder returns, with payment scheduled for June 26, 2026, thereby reinforcing investor confidence.
- Consecutive Dividend Record: This marks the 147th consecutive quarterly cash dividend paid by the company, showcasing TriCo Bancshares' financial stability and sustained profitability since its establishment in 1975, which enhances its competitive position in the market.
- Asset Size: Tri Counties Bank, as a wholly-owned subsidiary of TriCo Bancshares, boasts nearly $10 billion in assets, indicating its significant presence in California's banking sector and its ability to offer a wide range of financial services to clients.
- Service Diversity: Tri Counties Bank provides comprehensive consumer, small business, and commercial banking services, and enhances its market competitiveness and customer service capabilities through its affiliation with Raymond James Financial Services, Inc. for brokerage services.
See More
TriCo Bancshares Q1 Earnings Beat Expectations
- Earnings Beat: TriCo Bancshares reported Q1 GAAP EPS of $1.04, exceeding expectations by $0.07, indicating strong profitability and boosting investor confidence in the company's financial health.
- Slight Decline in Net Interest Income: The net interest income (FTE) for the quarter was $91.5 million, down $1 million or 1.1% from the previous quarter, reflecting ongoing pressure from the interest rate environment that may impact future earnings growth.
- Transparency in Financial Information: TriCo Bancshares provided detailed financial data and historical earnings, enhancing market understanding of its financial health and aiding investors in making informed decisions.
- Dividend Performance Assessment: The company also released a dividend scorecard, showcasing its stability in dividend payments, which further attracts income-seeking investors looking for reliable returns.
See More
