TriCo Bancshares (TCBK) Stock

CHICO, Calif.--(BUSINESS WIRE)---- $TCBK #BlackHomeownership--Tri Counties Bank announced today, in conjunction with the Federal Home Loan Bank of San Francisco (FHLBank San Francisco), a combined $200,000 donation to promote Black homeownership as part of the FHLBank San Francisco's Empowering Black Homeownership matching grant program. FHLBank San Francisco launched the matching grant program in 2022 to advance racial equity in homeownership and narrow the Black homeownership and wealth gaps. As a member financial institu.

TriCo (TCBK) came out with quarterly earnings of $0.88 per share, beating the Zacks Consensus Estimate of $0.82 per share. This compares to earnings of $0.92 per share a year ago.

TriCo (TCBK) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

TriCo (TCBK) came out with quarterly earnings of $0.87 per share, beating the Zacks Consensus Estimate of $0.80 per share. This compares to earnings of $0.75 per share a year ago.

CHICO, Calif.--(BUSINESS WIRE)---- $TCBK #CommunityBank--The Board of Directors of TriCo Bancshares (NASDAQ: TCBK) (the “Company”), parent company of Tri Counties Bank, declared a quarterly cash dividend of $0.33 (thirty-three cents) per share on its common stock, no par value on May 23, 2024. The dividend is payable on June 21, 2024, to holders of record on June 7, 2024. This represents the Company's 139th consecutive quarterly cash dividend payment. Established in 1975, Tri Counties Bank is a wholly-owned subsidiary.

TriCo (TCBK) reported quarterly earnings of $0.83 per share, exceeding the Zacks Consensus Estimate of $0.81 per share. This is lower than the earnings of $1.07 per share from the previous year.

Although the financial results for TriCo (TCBK) in the quarter ending March 2024 provide an overview of its performance, it may be beneficial to examine how certain key metrics measure up against Wall Street predictions and previous year figures.

TriCo (TCBK) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Trico Bancshares (TCBK) announces a 10% increase in quarterly cash dividend to 33 cents per share. A stable balance sheet and decent liquidity are likely to help it sustain its capital distribution plans.