CHICO, Calif.--(BUSINESS WIRE)--Tri Counties Bank has released a new research study examining how U.S. small business owners are using artificial intelligence and their expectations for its future impact. The research highlights current adoption trends, anticipated benefits, and emerging opportunities. "AI is reshaping business operations at a rapid pace. To better understand its influence on productivity, efficiency, and growth, we partnered with an independent research firm to conduct an ind. ...

Whether it's through stocks, bonds, ETFs, or other types of securities, all investors love seeing their portfolios score big returns. But when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it by it ...

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1] Company Overview: TriCo (TCBK) - TriCo currently holds a Momentum Style Score of A, indicating strong potential as a momentum pick [3] - The company has a Zacks Rank of 2 (Buy), which is associated with a historical outperformance in the market [4] Price Performance - Over the past week, TCBK shares increased by 1.54%, while the Zacks Banks - West industry remained flat [6] - In a longer timeframe, TCBK's shares rose by 3.46% over the past month, outperforming the industry's 1.61% [6] - Over the last quarter, TCBK shares have increased by 13%, and by 14.4% over the past year, compared to the S&P 500's 2.92% and 14.29% respectively [7] Trading Volume - TCBK's average 20-day trading volume is 102,066 shares, which serves as a baseline for price-to-volume analysis [8] Earnings Outlook - In the past two months, two earnings estimates for TCBK have been revised upwards, increasing the consensus estimate from $3.95 to $4.00 [10] - For the next fiscal year, one estimate has moved upwards with no downward revisions [10] Conclusion - Considering the strong momentum indicators and positive earnings outlook, TCBK is positioned as a 2 (Buy) stock with a Momentum Score of A, making it a compelling option for investors seeking short-term gains [12]

Core Viewpoint - DA Davidson has raised the price target for TriCo Bancshares (TCBK) to $54 from $51 while maintaining a Neutral rating on the shares, indicating positive momentum for the company into 2026 due to increased loan production and improved margins [1] Group 1 - The firm noted significant improvements in Q4, particularly in loan production and margin enhancement, which are expected to contribute to future growth [1] - TriCo Bancshares' credit quality remains strong, suggesting a stable financial position for the bank [1] - Expense control measures were evident in 2025, indicating effective management practices within the company [1]

Core Viewpoint - TriCo Bancshares demonstrates strong financial performance with consistent earnings and revenue growth, making it an attractive investment option in the banking sector. Financial Performance - TriCo reported earnings per share (EPS) of $1.03 for the quarter ending December 2025, exceeding the estimated $1.01 and showing improvement from $0.88 in the same quarter the previous year [2][6] - The company generated $109.4 million in revenue for the same quarter, surpassing the Zacks Consensus Estimate by 1.86% and increasing from $100.36 million reported in the previous year [3][6] Financial Health - TriCo's low debt-to-equity ratio of 0.066 indicates a relatively low level of debt compared to its equity, reflecting strong financial health [4][6] - The company's earnings yield stands at 6.92%, providing insight into the earnings generated per dollar invested, which is appealing for investors seeking stable returns [5][6] - The enterprise value to sales ratio is 2.80, and the enterprise value to operating cash flow ratio is 11.98, suggesting a strong valuation relative to its sales and cash flow from operations [4]

分组1 - TriCo (TCBK) reported quarterly earnings of $1.03 per share, exceeding the Zacks Consensus Estimate of $1.01 per share, and up from $0.88 per share a year ago, representing an earnings surprise of +2.23% [1] - The company posted revenues of $109.4 million for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 1.86%, compared to $100.36 million in the same quarter last year [2] - TriCo has outperformed the S&P 500 with a 6.8% increase since the beginning of the year, while the S&P 500 gained only 0.4% [3] 分组2 - The current consensus EPS estimate for the upcoming quarter is $0.95 on revenues of $105.8 million, and for the current fiscal year, it is $3.95 on revenues of $433.8 million [7] - The Zacks Industry Rank for Banks - West is in the top 33% of over 250 Zacks industries, indicating a favorable outlook for the industry [8] - TriCo's estimate revisions trend was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, suggesting it is expected to perform in line with the market in the near future [6]

Core Viewpoint - TriCo Bancshares expresses optimism about its future performance trajectory as it approaches the end of 2025 and the start of 2026, highlighting a strong foundation built on exceptional employees and customers [1] Group 1: Company Performance - The company emphasizes its ability to navigate a wide range of challenges and opportunities with confidence, attributing this to its strong foundation [1] - Execution of long-term strategies remains a primary focus for the company, indicating a commitment to sustainable growth [1] Group 2: Economic Alignment - The company believes in the alignment between its strategies and the current economic environment, suggesting a proactive approach to adapting to market conditions [1]

Financial Performance - Net income for Q4 2025 was $33.6 million, or $1.03 per diluted share, a decrease of 1.1% from the previous quarter but an increase of 15.8% from Q4 2024[6]. - The efficiency ratio improved to 54.68% in Q4 2025, down from 56.18% in the previous quarter[7]. - Return on average assets was 1.34% for Q4 2025, while return on average equity was 10.02%, both slightly down from the previous quarter[7]. - Net income for the quarter was $33,634,000, slightly down from $34,019,000 in the previous quarter, indicating a decrease of 1.1%[53]. - Net income for the three months ended December 31, 2025, was $33,634,000, an increase from $29,034,000 in the same period of 2024, representing a growth of 15%[57]. Interest Income and Margin - Net interest income (FTE) increased to $92.5 million, up 2.97% from the previous quarter, with a net interest margin (FTE) of 4.02%, an increase of 10 basis points[6]. - Net interest income (FTE) for Q4 2025 was $92,487 thousand, a 3.0% increase from $89,817 thousand in Q3 2025[20][24]. - Net interest margin (FTE) improved to 4.02%, up 10 basis points from the previous quarter[20][24]. - The yield on loans was 5.77%, a slight increase from 5.75% in the previous quarter[17][22]. - Average loan yields decreased from 5.78% to 5.77% year-over-year, with the cost of interest-bearing deposits down by 28 basis points[25]. Loan and Deposit Balances - Loan balances rose by $104.3 million or 6.0% annualized from the previous quarter, and increased by $342.6 million or 5.1% year-over-year[10]. - Total loans outstanding reached $7.1 billion as of December 31, 2025, marking a 5.1% increase from the same date in 2024[10]. - Total deposits reached $8,376,361 thousand, a marginal increase of 0.7% from the previous quarter[15]. - Deposit balances decreased by $70.6 million or 3.4% annualized from the previous quarter, but increased by $176.3 million or 2.2% year-over-year[6]. Credit Quality - The provision for credit losses was $3.0 million for Q4 2025, compared to $0.7 million in the previous quarter, reflecting a significant increase of 347.8%[7]. - The allowance for credit losses (ACL) was $125.8 million, representing 1.77% of total loans as of December 31, 2025[32]. - Non-performing loans decreased by $1.4 million to $64.2 million, with approximately $36.7 million current or less than 30 days past due[37]. - The ratio of classified loans to total loans was 1.78%, down 10 basis points from the previous quarter[35]. - Loans past due 30 days or more decreased by $7.8 million to $37.9 million[36]. Non-Interest Income and Expenses - Non-interest income decreased by $0.8 million or 4.7% to $17.2 million for the three months ended December 31, 2025, compared to $18.0 million for the previous quarter[42]. - Total non-interest income increased by $3.9 million or 6.1% to $68.3 million for the twelve months ended December 31, 2025, compared to $64.4 million for the same period in 2024[44]. - Total non-interest expense decreased by $0.6 million or 1.0% to $59.8 million for the quarter ended December 31, 2025, compared to $60.4 million for the previous quarter[45]. - Total salaries and benefits expense decreased by $0.8 million or 2.2% to $36.9 million, reflecting a reduction in full-time equivalent staff[45]. - The largest component of non-interest expense was salaries and benefits, which increased by $9.2 million or 6.5% to $149.8 million, attributed to merit increases and increased incentive compensation[48]. Shareholder Equity and Capital - The company authorized a new share repurchase program, reflecting confidence in its financial position and future growth prospects[1]. - The tangible book value per share increased to $31.52 at December 31, 2025, up from $30.61 at September 30, 2025[11]. - Total shareholders' equity increased to $1,328,001 as of December 31, 2025, from $1,304,305 in the prior quarter, reflecting a growth of 1.8%[54]. - Common shareholders' equity (book value) per share (GAAP) increased to $41.07 for the three months ended December 31, 2025, from $37.03 in the same period of 2024, a growth of 11%[57]. Future Outlook - Management anticipates total non-interest expenses will increase by approximately 5% for the year ending December 31, 2026[48].

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Core Viewpoint - TriCo Bancshares has declared a quarterly cash dividend of $0.36 per share, marking the 145th consecutive quarterly dividend, reflecting the company's financial stability and commitment to returning value to shareholders [1][6]. Company Overview - TriCo Bancshares, established in 1975, is headquartered in Chico, California, with nearly $10 billion in assets and a strong focus on customer service through its subsidiary, Tri Counties Bank [2]. - The bank offers a wide range of financial services, including consumer, small business, and commercial banking, along with online and mobile banking access [2]. Financial Performance - For the year 2024, TriCo Bancshares reported revenues of $428.6 million and a net income of $108.4 million [3][8]. - The company has shown positive trends in operating leverage and return on equity, with expectations to cross the $10 billion asset threshold by 2026 [4]. Recent Developments - The company opened a new branch in the West Portal neighborhood of San Francisco, enhancing access to personalized financial solutions for local businesses and residents [5]. - The recent dividend increase of $0.03, or 9.1%, from the previous quarter indicates the company's growth expectations and commitment to shareholder returns [6].