TriCo Bancshares (TCBK) Income Statement

30Y historyFree accessUpdated daily

Net income rose from $26.4M in 2025Q1 to $38.0M in 2026Q3 and EPS grew 13.5% year over year, but the uplift appears driven by a shrinking provision and an efficiency ratio of 53.9% that still sits well above what the fee base alone would support.

Annual statement

TCBK Income Statement

TriCo Bancshares (TCBK) annual income statement — 30-year revenue, gross profit & net income history

Annual Quarterly

Metric	TTM	Dec'25	Dec'24	Dec'23	Dec'22	Dec'21	Dec'20	Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09	Dec'08	Dec'07	Dec'06	Dec'05	Dec'04	Dec'03	Dec'02	Dec'01	Dec'00	Dec'99	Dec'98	Dec'97	Dec'96

Net Interest Income	373.63M	349.71M	329.91M	355.38M	344.84M	270.55M	256.69M	255.78M	213.64M	173.28M	165.81M	153.88M	115.6M	101.48M	101.27M	92.72M	90.41M	91.7M	89.09M	86.69M	85.88M	78.23M	71.57M	60.88M	51.78M	49.89M	48.11M	44.2M	39.8M	35.9M	30M
NII Growth %	37.66%	6%	-7.17%	3.06%	27.46%	5.4%	0.36%	19.73%	23.29%	4.51%	7.75%	33.12%	13.91%	0.21%	9.22%	2.56%	-1.41%	2.93%	2.77%	0.94%	9.78%	9.3%	17.56%	17.57%	3.8%	3.69%	8.85%	11.06%	10.86%	19.67%	7.14%
Net Interest Margin %	3.74%	3.56%	3.41%	3.59%	3.47%	3.14%	3.36%	3.95%	3.36%	3.64%	3.67%	3.65%	2.95%	3.7%	3.88%	3.63%	4.13%	4.22%	4.36%	4.38%	4.47%	4.25%	4.4%	4.15%	4.52%	4.96%	4.95%	4.78%	4.4%	4.35%	4.32%
Interest Income	483.07M	469.44M	465.12M	437.06M	354.67M	276.06M	266.38M	271.16M	226.51M	181.4M	171.53M	159.3M	121.11M	106.56M	108.61M	102.95M	104.57M	112.31M	121.11M	127.27M	120.32M	98.76M	84.93M	73.97M	64.7M	73.37M	76.65M	68.6M	65.1M	59.9M	49.2M
Interest Expense	109.44M	119.73M	135.2M	81.68M	9.53M	5.51M	9.46M	15.38M	12.87M	6.8M	5.72M	5.42M	4.68M	4.7M	7.34M	10.24M	14.13M	20.61M	31.55M	40.58M	34.45M	20.53M	13.36M	13.09M	12.91M	23.49M	28.54M	24.4M	25.3M	24M	19.2M
Loan Loss Provision	4.1M	9.06M	6.63M	23.99M	18.47M	-6.78M	42.81M	-1.69M	2.58M	89K	-5.97M	-2.21M	-4.04M	-715K	9.42M	23.06M	37.46M	31.45M	20.95M	3.03M	1.29M	2.17M	3.55M	1.25M	2.8M	4.4M	5M	3.6M	4.2M	3M	800K
Non-Interest Income	63.19M	63.86M	58.85M	55.75M	57.38M	58.85M	50.8M	49.6M	45.9M	45.41M	41.74M	43.27M	31.52M	34.35M	35.7M	33.33M	32.7M	30.35M	27.09M	27.59M	26.25M	24.89M	24.79M	22.91M	19.18M	15.06M	14.64M	12.1M	12.9M	9.6M	6.6M
Non-Interest Income %	14.47%	15.44%	15.14%	13.56%	14.27%	17.87%	16.52%	16.24%	17.69%	20.76%	20.11%	21.95%	21.43%	25.29%	26.06%	26.44%	26.56%	24.87%	23.32%	24.14%	23.41%	24.14%	25.73%	27.34%	27.03%	23.19%	23.34%	21.49%	24.48%	21.1%	18.03%
Total Net Revenue	436.82M	413.58M	388.76M	411.13M	402.21M	329.4M	307.5M	305.39M	259.54M	218.69M	207.55M	197.16M	147.12M	135.83M	136.96M	126.04M	123.1M	122.05M	116.18M	114.28M	112.13M	103.12M	96.36M	83.79M	70.96M	64.95M	62.76M	56.3M	52.7M	45.5M	36.6M
Revenue Growth %	8.44%	6.38%	-5.44%	2.22%	22.11%	7.12%	0.69%	17.66%	18.68%	5.37%	5.27%	34.01%	8.31%	-0.83%	8.66%	2.39%	0.86%	5.05%	1.66%	1.91%	8.74%	7.01%	15.01%	18.08%	9.26%	3.49%	11.47%	6.83%	15.82%	24.32%	7.96%
Non-Interest Expense	238.86M	235.36M	227.03M	226.24M	210.14M	172.47M	177.56M	180.26M	163.61M	142.41M	141M	126.65M	107.38M	91.12M	95.61M	73.2M	77.2M	75.45M	68.74M	68.91M	66.73M	62.11M	60.18M	55.53M	45.97M	40.8M	37.9M	34.8M	34.7M	32.9M	23.5M
Efficiency Ratio	54.68%	56.91%	58.4%	55.03%	52.25%	52.36%	57.74%	59.03%	63.04%	65.12%	67.93%	64.24%	72.99%	67.09%	69.81%	58.08%	62.72%	61.82%	59.17%	60.3%	59.51%	60.23%	62.45%	66.27%	64.78%	62.83%	60.39%	61.81%	65.84%	72.31%	64.21%
Operating Income	193.86M	169.24M	155.12M	160.93M	173.91M	163.7M	87.35M	126.82M	93.35M	77.51M	72.52M	72.71M	44.62M	45.8M	31.93M	29.78M	8.47M	15.15M	26.96M	42.34M	44.12M	38.84M	32.63M	27.01M	22.19M	19.74M	19.86M	17.9M	13.8M	9.6M	12.3M
Operating Margin %	44.38%	40.92%	39.9%	39.14%	43.24%	49.7%	28.41%	41.53%	35.97%	35.44%	34.94%	36.88%	30.33%	33.72%	23.31%	23.63%	6.88%	12.41%	23.2%	37.05%	39.34%	37.66%	33.87%	32.24%	31.27%	30.4%	31.65%	31.79%	26.19%	21.1%	33.61%
Operating Income Growth %	-	9.1%	-3.61%	-7.46%	6.23%	87.41%	-31.12%	35.85%	20.44%	6.88%	-0.26%	62.98%	-2.59%	43.45%	7.22%	251.58%	-44.07%	-43.81%	-36.32%	-4.03%	13.59%	19.01%	20.81%	21.73%	12.4%	-0.59%	10.95%	29.71%	43.75%	-21.95%	3.36%
Pretax Income	190.86M	166.16M	155.1M	160.91M	173.91M	163.7M	87.35M	126.82M	93.35M	77.51M	72.52M	72.71M	44.62M	45.8M	31.93M	29.78M	8.47M	15.15M	26.96M	42.34M	44.12M	38.84M	32.63M	27.01M	22.19M	19.74M	19.86M	17.9M	13.8M	9.6M	12.3M
Pretax Margin %	43.69%	40.18%	39.9%	39.14%	43.24%	49.7%	28.41%	41.53%	35.97%	35.44%	34.94%	36.88%	30.33%	33.72%	23.31%	23.63%	6.88%	12.41%	23.2%	37.05%	39.34%	37.66%	33.87%	32.24%	31.27%	30.4%	31.65%	31.79%	26.19%	21.1%	33.61%
Income Tax	51.41M	44.6M	40.24M	43.52M	48.49M	46.05M	22.54M	34.75M	25.03M	36.96M	27.71M	28.9M	18.51M	18.41M	12.94M	11.19M	2.47M	5.18M	10.16M	16.64M	17.29M	15.17M	12.45M	10.12M	8.12M	7.32M	7.24M	6.5M	5M	3.7M	5M
Effective Tax Rate %	26.93%	26.84%	25.94%	27.04%	27.88%	28.13%	25.8%	27.4%	26.81%	47.68%	38.21%	39.74%	41.48%	40.18%	40.52%	37.58%	29.11%	34.23%	37.69%	39.31%	39.19%	39.05%	38.16%	37.48%	36.6%	37.1%	36.44%	36.31%	36.23%	38.54%	40.65%
Net Income	139.46M	121.56M	114.87M	117.39M	125.42M	117.66M	64.81M	92.07M	68.32M	40.55M	44.81M	43.82M	26.11M	27.4M	18.99M	18.59M	6M	9.96M	16.8M	25.69M	26.83M	23.67M	20.18M	16.89M	14.07M	12.42M	12.62M	11.4M	8.8M	5.9M	7.3M
Net Margin %	31.92%	29.39%	29.55%	28.55%	31.18%	35.72%	21.08%	30.15%	26.32%	18.54%	21.59%	22.23%	17.75%	20.17%	13.87%	14.75%	4.88%	8.16%	14.46%	22.48%	23.93%	22.96%	20.94%	20.16%	19.83%	19.12%	20.11%	20.25%	16.7%	12.97%	19.95%
Net Income Growth %	19.24%	5.82%	-2.15%	-6.4%	6.6%	81.53%	-29.61%	34.77%	68.47%	-9.5%	2.27%	67.83%	-4.71%	44.25%	2.17%	209.58%	-39.72%	-40.7%	-34.62%	-4.24%	13.35%	17.29%	19.5%	20.04%	13.29%	-1.62%	10.73%	29.55%	49.15%	-19.18%	4.29%
Net Income (Continuing)	139.46M	121.56M	114.87M	117.39M	125.42M	117.66M	64.81M	92.07M	68.32M	40.55M	44.81M	43.82M	26.11M	27.4M	18.99M	18.59M	6M	9.96M	16.8M	25.69M	26.83M	23.67M	20.18M	16.89M	14.07M	12.42M	12.62M	11.4M	8.8M	5.9M	7.3M
EPS (Diluted)	4.34	3.71	3.47	3.52	3.83	3.94	2.16	3.00	2.54	1.74	1.94	1.91	1.46	1.69	1.18	0.41	0.38	0.62	1.05	1.57	1.64	1.45	1.24	1.07	0.98	0.86	0.43	0.78	0.61	0.14	0.17
EPS Growth %	21.07%	6.92%	-1.42%	-8.09%	-2.79%	82.41%	-28%	18.11%	45.98%	-10.31%	1.57%	30.82%	-13.61%	43.22%	187.8%	7.89%	-38.71%	-40.95%	-33.12%	-4.27%	13.1%	16.94%	15.89%	9.18%	13.95%	100%	-44.87%	27.87%	335.71%	-17.65%	6.25%
EPS (Basic)	-	3.73	3.48	3.53	3.85	3.96	2.16	3.02	2.57	1.77	1.96	1.93	1.47	1.71	1.19	0.41	0.38	0.63	1.07	1.62	1.70	1.51	1.29	1.11	1.00	0.88	0.44	0.80	0.63	0.14	0.18
Diluted Shares Outstanding	32.12M	32.63M	33.23M	33.35M	33.33M	29.88M	29.73M	30.64M	30.42M	23.25M	23.09M	23M	17.92M	16.2M	16.05M	16M	16.01M	16.01M	16.05M	16.36M	16.36M	16.32M	16.28M	15.76M	14.39M	14.44M	14.7M	14.62M	14.54M	13.98M	13.92M

Key Metrics

Growth RegimeExpanding

ProfitabilityModerate

Balance SheetAdequate

Cash FlowStable

Top Statement Risk

California credit concentration exposure

Verified Source

Metrics are mathematically derived from official filings.

SEC 10-K (2026Q3)

Net Interest Income Rebuilding Through Repricing

As reported in the quarterly income statements, TCBK's net interest income climbed from $82.2M in 2025Q1 to $96.5M in 2026Q3, an 8.3% year-over-year gain that points to loan repricing outpacing funding cost pressure.

The move from negative NII growth in early 2025 to double-digit expansion in 2026Q1 suggests the balance sheet has become more asset-sensitive as rates stabilized. Sustained growth at this pace would depend on the bank maintaining its low-cost deposit base, which the data does not directly confirm. Investors should monitor whether deposit betas begin to rise, as that could compress the gains already realized.

Flat Margin Masks Asset Yield Gains

Based on reported figures, TCBK's net interest margin held near 0.8% to 1.0% across the ten quarters, implying that NII growth has come largely from balance sheet expansion rather than spread widening.

A margin stuck in a narrow band while NII rises indicates volume and mix are doing the work rather than pricing power alone. The reported NIM figures are rounded to one decimal, which limits precision on quarter-to-quarter direction. Relative positioning versus CVBF and COLB cannot be confirmed from the margin data supplied here.

Efficiency Ratio Improving but Still Elevated

According to the reported income statements, TCBK's efficiency ratio fell from 59.7% in 2025Q1 to 53.9% in 2026Q3, indicating that revenue growth is outpacing non-interest expense growth.

Improvement of roughly six percentage points over seven quarters reflects positive operating leverage and successful absorption of acquisition-related costs. The current level remains above the most efficient regional peers, which suggests further room for cost discipline but also limits the margin for error if revenue slows. Whether the trend persists depends on expense growth staying below revenue growth going forward.

Provisions Reversing Toward Release

Based on reported provision figures, TCBK moved from a $4.7M charge in 2025Q2 to a net $1.9M benefit in 2026Q3, a shift that may reflect either improved credit trends or reserve releases warranting scrutiny.

Provision reversals reduce reported expense and can flatter near-term earnings, so the sustainability of the 2026Q3 benefit deserves attention. The data does not disclose charge-offs or non-performing trends, so the underlying credit direction cannot be verified. Given the agricultural and commercial real estate concentration, investors should monitor whether reserve releases persist against a backdrop of regional economic risk.

Non-Interest Income Share Declining

As reported in the quarterly data, TCBK's fee share of revenue dropped from 15.7% in 2026Q1 to 11.4% in 2026Q3 as non-interest income fell from $17.0M to $12.4M, leaving the earnings base more dependent on spread income.

A declining fee share reduces diversification and increases sensitivity to net interest margin compression. The drop may reflect seasonality, mortgage activity, or treasury fee timing, none of which are disclosed in the supplied data. Investors should monitor whether fee income stabilizes or continues to erode, as that would bear directly on earnings resilience.

Earnings Quality Depends on Reserve Timing

Based on reported figures, TCBK's recent earnings strength rests partly on a $1.9M provision benefit in 2026Q3 and a fee share that fell to 11.4%, so headline profitability may overstate the underlying spread-driven earning power.

If the provision reversal reflects reserve releases rather than durable credit improvement, reported net income of $38.0M could be flattered and normalize lower in later quarters. Concurrently, the shrinking non-interest income base leaves TCBK more exposed to any compression in its roughly 1.0% NIM, which the reported data shows has not widened meaningfully. Investors should monitor whether provisioning returns to positive levels and whether the efficiency gains hold if revenue growth slows.

TCBK — Frequently Asked Questions

Quick answers to the most common questions about buying TCBK stock.

What was TriCo Bancshares's (TCBK) revenue in 2025?

For fiscal year 2025, TriCo Bancshares (TCBK) reported total revenue of $413.6M. This represents a 1030.0% increase compared to $36.6M in 1996.

Is TriCo Bancshares (TCBK) profitable?

TriCo Bancshares (TCBK) is profitable, generating $121.6M in net income for the fiscal year ending 2025 with a net profit margin of 29.4%.

What is TriCo Bancshares's operating profit margin?

TriCo Bancshares (TCBK) reported an operating income of $169.2M, resulting in an operating profit margin of 40.9%. This margin reflects the operational efficiency of the business before interest and taxes.

What is TriCo Bancshares's gross profit and gross margin?

TriCo Bancshares (TCBK) generated $404.5M in gross profit for the year, representing a gross profit margin of 97.8%. This demonstrates the company's core pricing power and production efficiency.