TriCo Bancshares FY26 Q2 net income rises 24.1% to $34.2 million year over year
Reuters2026/07/23 10:11By:Reuters
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- TriCo Bancshares posted Q2 2026 net income of $34.2 million, up 24.1% from Q2 2025; diluted EPS rose to $1.06 from $0.84.
- Net interest income (FTE) climbed 2.6% from Q1 to $93.9 million; net interest margin (FTE) widened 0.04 percentage point to 4.11%.
- Loan balances increased $242.9 million, up 13.7% annualized from Q1; deposit balances fell $34.8 million, down 1.7% annualized.
- Efficiency ratio rose to 56.25% from 54.55%, including $0.9 million of merger-related expenses tied to the proposed First Hawaiian combination.
- CEO Rick Smith cited “robust loan growth” and expected synergies from the First Hawaiian Bank deal; CFO Peter Wiese said share repurchases, if any, should be limited.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TriCo Bancshares published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000356171-26-000104), on July 23, 2026, and is solely responsible for the information contained therein.
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