TriCo Bancshares (TCBK)

TriCo Bancshares Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	388.64	356.71	285.38	242.27	233.72	223.75
Interest Income on Investments	77.06	81.64	70.13	34.78	33.46	48.69
Total Interest Income	465.71	438.35	355.51	277.05	267.18	272.44
Interest Paid on Deposits	104.34	55.09	4.69	3.32	6.89	11.72
Interest Paid on Borrowings	27.4	26.59	4.84	2.19	2.57	3.66
Total Interest Expense	131.74	81.68	9.53	5.51	9.46	15.38
Net Interest Income	333.96	356.68	345.98	271.54	257.73	257.07
Net Interest Income Growth (YoY)	-9.49%	3.09%	27.41%	5.36%	0.26%	19.37%
Gain (Loss) on Sale of Assets	-0.01	-0.02	1.07	0.44	-0.07	-0.08
Gain (Loss) on Sale of Investments	0.16	-0.25	-0.34	-0.09	0.07	0.2
Other Non-Interest Income	61.77	60.48	60.74	53.47	45.5	49.21
Total Non-Interest Income	64.16	61.38	63.81	63.4	54.63	52.61
Non-Interest Income Growth (YoY)	5.33%	-3.81%	0.64%	16.06%	3.84%	7.63%
Revenues Before Loan Losses	398.12	418.05	409.78	334.94	312.36	309.68
Provision for Loan Losses	10.92	23.99	18.47	-6.78	42.81	-1.69
Revenue	387.2	394.06	391.31	341.72	269.54	311.37
Revenue Growth (YoY)	-5.01%	0.70%	14.51%	26.78%	-13.43%	19.01%
Salaries and Employee Benefits	134.69	131.67	125.98	103.71	110.09	104.41
Selling, General & Administrative	24.47	23.79	23.06	20.45	19.39	22.18
Other Non-Interest Expense	75.43	77.7	62.42	53.03	53.22	58.78
Total Non-Interest Expense	234.58	233.16	211.46	177.19	182.69	185.38
EBT Excluding Unusual Items	152.62	160.91	179.85	164.52	86.85	125.99
Pretax Income	152.62	160.91	173.91	163.7	87.35	126.82
Income Tax Expense	40.71	43.52	48.49	46.05	22.54	34.75
Net Income	111.91	117.39	125.42	117.66	64.81	92.07
Net Income to Common	111.91	117.39	125.42	117.66	64.81	92.07
Net Income Growth	-12.34%	-6.40%	6.60%	81.53%	-29.61%	34.77%
Basic Shares Outstanding	33	33	33	30	30	30
Diluted Shares Outstanding	33	33	33	30	30	31
Shares Change (YoY)	-0.33%	1.94%	9.50%	-0.49%	-2.01%	14.01%
EPS (Basic)	3.38	3.53	3.85	3.96	2.17	3.02
EPS (Diluted)	3.36	3.52	3.83	3.94	2.16	3.00
EPS Growth	-12.20%	-8.09%	-2.79%	82.41%	-28.00%	18.11%
Dividend Per Share	1.290	1.200	1.100	1.000	0.880	0.820
Dividend Growth	7.50%	9.09%	10.00%	13.64%	7.32%	17.14%
Effective Tax Rate	26.67%	27.04%	27.88%	28.13%	25.80%	27.40%

Source: S&P Capital IQ. Banks template. Financial Sources.