NASDAQ$TCBK
TriCo Bancshares · Q4 2023 earnings
Q4 2023 earnings · · Investor relations
Briefing
Net income decreased due to FOMC rate hikes and overall higher interest rates.
TriCo Bancshares reported a net income of $26.1 million for Q4 2023, a decrease compared to the previous quarter and the same quarter of the prior year. The company faced challenges from margin compression and increased non-interest expenses due to cyber costs and regulatory responses.
- Net income was $26.1 million, down from $30.6 million in the previous quarter and $36.3 million in the same quarter of the prior year.
- Pre-tax pre-provision net revenue was $42.4 million, compared to $46.2 million in the trailing quarter and $55.3 million in the same quarter of the prior year.
- Loan balances increased by $85.8 million, while deposit balances declined by $175.6 million from the trailing quarter.
- Net interest margin was 3.81%, a decrease of 7 basis points from the trailing quarter.
Headline financials
Revenue & EPS history
TriCo · Revenue · Quarterly
$103M
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
The company is confident that maintaining a strong balance sheet and executing long-term strategies will drive organic and acquisitive revenue growth in 2024.
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 Q4 2023
+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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