TriCo Q3 net income soars to $38 million

• TriCo Bancshares reported third-quarter 2026 net income of $38 million, up 11.1% from $34.2 million in the previous quarter, while diluted EPS reached $1.18.
• Net interest income increased 3.1% to $96.8 million, while net interest margin improved five basis points to 4.16%.
• TriCo declared a quarterly dividend of $0.36 per share, payable November 27, 2026, supported by continued loan and deposit growth.

TriCo Bancshares (NASDAQ:TCBK) reported third-quarter 2026 net income of $38 million, up 11.1% sequentially, while diluted earnings reached $1.18 per share.

Net income increased from $34.2 million in the previous quarter, while diluted earnings per share rose from $1.06.

Net interest income on a fully taxable equivalent basis increased 3.1% to $96.8 million, while net interest margin improved to 4.16%.

Loan balances increased $99.1 million sequentially, while deposits rose $74.6 million and average deposit costs declined to 1.26%.

TriCo declared a $0.36 quarterly dividend payable November 27, 2026.

Loans increased $403.4 million, or 5.8%, year over year, while deposits grew $109 million, or 1.3%, over the same period.

TriCo previously reported second-quarter net income of $34.2 million, net interest margin of 4.11% and annualized quarterly loan growth of 13.7%.