TriCo Bancshares Reports Third Quarter 2026 Net Income of $38.0 Million, Diluted EPS of $1.18 and Declares $0.36 Cash Dividend
Business Wire•22/10/2026•06:00 ET
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Key Highlights
- ➤Net income $38.0 million, up 11.1% sequentially; diluted EPS $1.18
- ➤Net interest income $96.8 million, up 3.1%; net interest margin reached 4.16%
- ➤Loans grew $99.1 million sequentially, up 5.8% year over year
- ➤Deposits increased $74.6 million sequentially and $109.0 million year over year
- ➤TriCo declared a quarterly cash dividend of $0.36 per share
- ➤Merger-related expenses rose to $3.8 million amid planned First Hawaiian Bank merger
Expert Statements
Rick Smith, Chairman and CEO of TriCo Bancshares
“We are very pleased with our strong third-quarter results. As we prepare for our merger with First Hawaiian Bank, we remain focused on serving our customers and delivering growth and strong financial results. This performance demonstrates the value Tri Counties Bank will bring to the combined bank. We are excited about the future and look forward to continuing our journey as ‘California’s Local Bank,’”
Rick Smith, Chairman and CEO of TriCo Bancshares
“I am deeply grateful to our customers, communities, vendors, employees, and shareholders for their enduring support, loyalty, and contributions throughout our 51-year history. It is a privilege to serve you, and we look to the future with confidence that Tri Counties Bank will continue to be a significant force in California banking.”
TriCo Bancshares Reports Third Quarter 2026 Net Income of $38.0 Million, Diluted EPS of $1.18 and Declares $0.36 Cash Dividend
* Net income was $38.0 million or $1.18 per diluted share as compared to $34.2 million or $1.06 per diluted share in the trailing quarter, and an increase of $3.8 million or 11.1% from the trailing quarter
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