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TriCo: Q4 Earnings Snapshot

CHICO, Calif. (AP) — CHICO, Calif. (AP) — TriCo Bancshares (TCBK) on Thursday reported fourth-quarter net income of $33.6 million.

The bank, based in Chico, California, said it had earnings of $1.03 per share.

The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.01 per share.

The holding company for Tri Counties Bank posted revenue of $137.3 million in the period. Its revenue net of interest expense was $109.4 million, also exceeding Street forecasts.

For the year, the company reported profit of $121.6 million, or $3.70 per share. Revenue was reported as $419.2 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TCBK at https://www.zacks.com/ap/TCBK

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updated by pwenzel 3:13pm
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