TriCo's Q1 Net Interest Margin Rises to 4.07%
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 23 2026
0mins
Should l Buy TCBK?
Net interest margin was 4.07%, an increase of 5 basis points over 4.02% in the trailing quarter. "Our results for the first quarter of 2026 continue to demonstrate TriCo's stability and ability to operate effectively under various and changing economic environments. Deposit growth was strong and new loan originations were generally consistent with expectations while we continue to focus on managing credit quality within the loan portfolio. In addition, the deployment of capital through share repurchase activities will continue to benefit our financial results" said Rick Smith, Chairman and CEO.
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Analyst Views on TCBK
Wall Street analysts forecast TCBK stock price to rise
4 Analyst Rating
2 Buy
2 Hold
0 Sell
Moderate Buy
Current: 49.960
Low
46.00
Averages
50.00
High
57.00
Current: 49.960
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.
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
TriCo Bancshares Reports Q1 2026 Financial Highlights
- Net Income Growth: In Q1 2026, TriCo Bancshares reported net income of $33.7 million, translating to $1.04 per diluted share, reflecting a slight increase from $33.6 million and $1.03 in the previous quarter, showcasing the company's stability and profitability amid changing economic conditions.
- Deposit and Loan Dynamics: Deposit balances rose by $139.7 million, an annualized growth rate of 6.8%, while loan balances decreased by $42.9 million, an annualized decline of 2.4%, indicating the company's ongoing focus on managing credit quality within its portfolio.
- Improved Net Interest Margin: The net interest margin for the first quarter was 4.07%, up 5 basis points from 4.02% in the previous quarter, demonstrating effective management of interest income and expenses, which is expected to drive future revenue growth.
- Share Repurchase Program: During the quarter, the company repurchased 447,211 shares of common stock at an average price of $48.30 per share, enhancing earnings per share and shareholder returns, reflecting confidence in the company's value.
See More
TRICO BANCSHARES REPORTS Q1 NET INCOME OF USD 33.685 MILLION
- Company Overview: Tricoban shares have reported a net income of USD 33.685 million for the first quarter.
- Financial Performance: The significant net income indicates a strong financial performance for the company in Q1.
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TriCo Bancshares Declares Quarterly Cash Dividend
- Dividend Announcement: TriCo Bancshares has declared a cash dividend of $0.36 per share, reflecting the company's ongoing profitability and commitment to shareholder returns, which is expected to bolster investor confidence.
- Dividend Payment Schedule: The dividend will be payable on March 20, 2026, to shareholders of record as of March 6, 2026, ensuring timely returns for investors and further solidifying the relationship between the company and its shareholders.
- Consecutive Dividend Record: This marks the 146th consecutive quarterly cash dividend paid by TriCo Bancshares, showcasing the company's financial stability and sustained profitability since its establishment in 1975, thereby enhancing market confidence in its long-term growth prospects.
- Banking Service Advantages: Tri Counties Bank offers a comprehensive range of consumer, small business, and commercial banking services, along with 24/7 ATM, online, and mobile banking access, which further enhances customer convenience and satisfaction.
See More
TriCo Bancshares Declares Quarterly Cash Dividend
- Quarterly Cash Dividend: TriCo Bancshares has declared a cash dividend of $0.36 per share, marking the 146th consecutive quarterly cash dividend, which reflects the company's stable financial performance and commitment to shareholders.
- Dividend Payment Timeline: The dividend will be payable on March 20, 2026, to shareholders of record as of March 6, 2026, ensuring timely returns for investors and enhancing their confidence in the company.
- Company Background: Established in 1975, Tri Counties Bank is a wholly-owned subsidiary of TriCo Bancshares with nearly $10 billion in assets, demonstrating the company's solid position in the California financial market and 50 years of operational stability.
- Service Offerings: Tri Counties Bank provides a comprehensive range of consumer, small business, and commercial banking services, while enhancing customer experience through 24/7 ATM, online, and mobile banking access, further solidifying its competitive edge in the market.
See More
Small Businesses' Expectations for AI Impact
- AI Adoption Trends: The study reveals that 73% of small business owners are currently using AI, with 20% employing it extensively, which is expected to significantly enhance productivity and reduce labor costs, thereby driving overall efficiency and profitability for businesses.
- Positive Impact Expectations: 83% of small business owners believe AI will have a favorable impact on their operations, with primary goals including increased productivity, improved accuracy, and automation of routine tasks, indicating a strong commitment to technological advancement among small enterprises.
- Cost Savings Expectations: A majority of small business owners anticipate achieving labor cost savings of 6-20% through AI, particularly among full-time and part-time staff, which will help optimize human resource allocation and improve financial health for businesses.
- Back-Office Function Applications: Among current users, AI primarily supports back-office functions such as marketing, creative content, data entry, and document management, which not only enhances operational efficiency but also creates new growth opportunities for small businesses.
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
TriCo Bancshares Reports Q1 2026 Financial Highlights
- Net Income Growth: In Q1 2026, TriCo Bancshares reported net income of $33.7 million, translating to $1.04 per diluted share, reflecting a slight increase from $33.6 million and $1.03 in the previous quarter, showcasing the company's stability and profitability amid changing economic conditions.
- Deposit and Loan Dynamics: Deposit balances rose by $139.7 million, an annualized growth rate of 6.8%, while loan balances decreased by $42.9 million, an annualized decline of 2.4%, indicating the company's ongoing focus on managing credit quality within its portfolio.
- Improved Net Interest Margin: The net interest margin for the first quarter was 4.07%, up 5 basis points from 4.02% in the previous quarter, demonstrating effective management of interest income and expenses, which is expected to drive future revenue growth.
- Share Repurchase Program: During the quarter, the company repurchased 447,211 shares of common stock at an average price of $48.30 per share, enhancing earnings per share and shareholder returns, reflecting confidence in the company's value.
See More
TRICO BANCSHARES REPORTS Q1 NET INCOME OF USD 33.685 MILLION
- Company Overview: Tricoban shares have reported a net income of USD 33.685 million for the first quarter.
- Financial Performance: The significant net income indicates a strong financial performance for the company in Q1.
See More
TriCo Bancshares Declares Quarterly Cash Dividend
- Dividend Announcement: TriCo Bancshares has declared a cash dividend of $0.36 per share, reflecting the company's ongoing profitability and commitment to shareholder returns, which is expected to bolster investor confidence.
- Dividend Payment Schedule: The dividend will be payable on March 20, 2026, to shareholders of record as of March 6, 2026, ensuring timely returns for investors and further solidifying the relationship between the company and its shareholders.
- Consecutive Dividend Record: This marks the 146th consecutive quarterly cash dividend paid by TriCo Bancshares, showcasing the company's financial stability and sustained profitability since its establishment in 1975, thereby enhancing market confidence in its long-term growth prospects.
- Banking Service Advantages: Tri Counties Bank offers a comprehensive range of consumer, small business, and commercial banking services, along with 24/7 ATM, online, and mobile banking access, which further enhances customer convenience and satisfaction.
See More
TriCo Bancshares Declares Quarterly Cash Dividend
- Quarterly Cash Dividend: TriCo Bancshares has declared a cash dividend of $0.36 per share, marking the 146th consecutive quarterly cash dividend, which reflects the company's stable financial performance and commitment to shareholders.
- Dividend Payment Timeline: The dividend will be payable on March 20, 2026, to shareholders of record as of March 6, 2026, ensuring timely returns for investors and enhancing their confidence in the company.
- Company Background: Established in 1975, Tri Counties Bank is a wholly-owned subsidiary of TriCo Bancshares with nearly $10 billion in assets, demonstrating the company's solid position in the California financial market and 50 years of operational stability.
- Service Offerings: Tri Counties Bank provides a comprehensive range of consumer, small business, and commercial banking services, while enhancing customer experience through 24/7 ATM, online, and mobile banking access, further solidifying its competitive edge in the market.
See More
Small Businesses' Expectations for AI Impact
- AI Adoption Trends: The study reveals that 73% of small business owners are currently using AI, with 20% employing it extensively, which is expected to significantly enhance productivity and reduce labor costs, thereby driving overall efficiency and profitability for businesses.
- Positive Impact Expectations: 83% of small business owners believe AI will have a favorable impact on their operations, with primary goals including increased productivity, improved accuracy, and automation of routine tasks, indicating a strong commitment to technological advancement among small enterprises.
- Cost Savings Expectations: A majority of small business owners anticipate achieving labor cost savings of 6-20% through AI, particularly among full-time and part-time staff, which will help optimize human resource allocation and improve financial health for businesses.
- Back-Office Function Applications: Among current users, AI primarily supports back-office functions such as marketing, creative content, data entry, and document management, which not only enhances operational efficiency but also creates new growth opportunities for small businesses.
See More
