NASDAQ$TCBK
TriCo Bancshares · Q1 2024 earnings
Q1 2024 earnings · · Investor relations
Briefing
TriCo Bancshares reported a net income of $27.7 million and diluted EPS of $0.83 for Q1 2024.
TriCo Bancshares reported a net income of $27.7 million and diluted EPS of $0.83 for the first quarter of 2024. The company's deposit balances increased by $153.6 million, and the efficiency ratio improved to 57.36%.
- Net income was $27.7 million, compared to $26.1 million in the trailing quarter.
- Deposit balances increased $153.6 million or 7.8% (annualized) from the trailing quarter.
- Average yield on earning assets was 5.13%, an increase of 4 basis points over the trailing quarter.
- The efficiency ratio improved to 57.36%.
Headline financials
Revenue & EPS history
TriCo · Revenue · Quarterly
$98.5M
Revenue by segment
TriCo · $15.1M total across 2 segments · Q3 2020
- Service Charges$10.5M—69.2%
- Other Income$4.66M—30.8%
Forward guidance
Management expects that the incremental repricing of earning assets will provide an increasing level of benefit to revenues as the balance of 2024 unfolds.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2024
+0.2%
Avg return
Earnings day
+0.0%
Avg return
5 days after
+2.5%
Avg return
30 days after
55%
36 / 66 earnings
Positive
+10.2%
Q1 2010
Best reaction
-7.0%
Q2 2016
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +2.4% | +2.4% | +2.5% | |
| Q4 2025 | +1.6% | -3.1% | -0.3% | |
| Q3 2025 | +1.2% | +4.0% | +9.6% | |
| Q2 2025 | -0.9% | -2.1% | +3.8% | |
| Q1 2025 | +1.0% | +0.0% | +2.0% | |
| Q4 2024 | +2.5% | +3.3% | +2.5% | |
| Q3 2024 | -3.3% | -0.5% | +12.1% | |
| Q2 2024 | +3.6% | +1.7% | -2.4% | |
| Q1 2024 | -2.7% | -0.1% | +8.4% | |
| Q4 2023 | -4.9% | -2.9% | -14.6% | |
| Q3 2023 | +7.0% | +6.1% | +18.6% | |
| Q2 2023 | -1.4% | -1.8% | -9.0% | |
| Q1 2023 | -1.4% | -5.2% | -7.3% | |
| Q4 2022 | +0.4% | +2.0% | +2.6% | |
| Q3 2022 | +3.8% | +11.8% | +4.9% | |
| Q2 2022 | +0.3% | +0.7% | +0.1% | |
| Q1 2022 | -1.0% | +5.2% | +20.7% | |
| Q4 2021 | -0.7% | -3.7% | -4.3% | |
| Q3 2021 | -2.8% | -2.1% | +1.3% | |
| Q2 2021 | -0.9% | -1.8% | -4.3% | |
| Q1 2021 | +1.0% | +3.0% | +4.4% | |
| Q4 2020 | -0.8% | -2.3% | +10.6% | |
| Q3 2020 | -4.7% | -4.9% | +15.6% | |
| Q2 2020 | -1.8% | -3.9% | -4.5% | |
| Q1 2020 | -2.0% | -6.7% | -7.7% | |
| Q4 2019 | -0.2% | -2.7% | -7.5% | |
| Q3 2019 | +2.7% | +2.2% | +5.1% | |
| Q2 2019 | +2.1% | +1.2% | -7.7% | |
| Q1 2019 | -0.3% | -0.2% | -3.1% | |
| Q4 2018 | +7.5% | +6.8% | +14.6% | |
| Q3 2018 | +2.1% | +4.1% | +7.7% | |
| Q2 2018 | +2.6% | +1.8% | +2.5% | |
| Q1 2018 | +0.5% | -1.5% | +3.4% | |
| Q4 2017 | -1.5% | -0.7% | -0.2% | |
| Q3 2017 | -3.5% | -4.1% | +1.2% | |
| Q2 2017 | +1.0% | +2.7% | +0.1% | |
| Q1 2017 | -3.6% | -3.4% | -4.6% | |
| Q4 2016 | +5.2% | +5.9% | +6.5% | |
| Q3 2016 | -0.4% | -0.7% | +20.9% | |
| Q2 2016 | -7.0% | -9.2% | -4.4% | |
| Q1 2016 | +0.4% | — | — | |
| Q4 2015 | +3.2% | — | — | |
| Q3 2015 | +0.6% | — | — | |
| Q2 2015 | +2.1% | — | — | |
| Q1 2015 | -2.4% | — | — | |
| Q4 2014 | -1.8% | — | — | |
| Q3 2014 | +3.7% | — | — | |
| Q2 2014 | -0.4% | — | — | |
| Q1 2014 | +0.7% | — | — | |
| Q4 2013 | -5.8% | — | — | |
| Q3 2013 | +5.7% | — | — | |
| Q2 2013 | +0.2% | — | — | |
| Q1 2013 | -2.1% | — | — | |
| Q4 2012 | -2.3% | — | — | |
| Q3 2012 | +1.1% | — | — | |
| Q2 2012 | -1.4% | — | — | |
| Q1 2011 | +0.1% | — | — | |
| Q1 2012 | +1.7% | — | — | |
| Q4 2011 | +1.2% | — | — | |
| Q4 2010 | +1.2% | — | — | |
| Q4 2009 | +1.2% | — | — | |
| Q3 2011 | +0.5% | — | — | |
| Q2 2011 | -4.5% | — | — | |
| Q2 2010 | -4.5% | — | — | |
| Q3 2010 | +2.6% | — | — | |
| Q1 2010 | +10.2% | — | — |
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