TriCo Bancshares Posts Q3 Earnings of $38 Million, Beats Analyst Estimates

TriCo Bancshares (TCBK) on Thursday reported third-quarter earnings of $38 million, or $1.18 per share, surpassing Wall Street expectations of $1.08 per share from four analysts surveyed by Zacks Investment Research. The Chico, California-based holding company for Tri Counties Bank posted revenue of $144.3 million for the period. Revenue net of interest expense came in at $116.7 million, also beating Street forecasts of $113.8 million. The results reflect stronger-than-expected performance across both earnings and revenue metrics for the regional bank.