TriCo Bancshares reported a net income of $121.6 million for the fiscal year ending December 31, 2025, reflecting a 5.8% increase from the previous year’s net income of $114.9 million. Earnings per share on a diluted basis rose to $3.70, up 6.9% from $3.46 in 2024. The increase in profitability was primarily driven by a rise in net interest income, which reached $351.9 million, a 5.8% increase from $332.5 million in 2024. This growth was attributed to a decrease in interest expenses, which fell by 11.4% to $119.7 million, alongside a slight increase in average loans and leases.
The company’s total assets increased to approximately $9.8 billion, up 1.5% from $9.7 billion in 2024. Total loans also saw a significant rise, increasing by 5.1% to $7.1 billion, compared to $6.8 billion in the prior year. The growth in loans was accompanied by a slight increase in the allowance for credit losses, which stood at $125.8 million, or 1.77% of total loans, compared to $125.4 million, or 1.85% of total loans, at the end of 2024. The provision for credit losses increased to $12.1 million, reflecting the growth in loan volume and increased charge-offs.
In terms of operational developments, TriCo Bancshares maintained a workforce of 1,148 employees as of December 31, 2025, with a focus on enhancing its corporate culture and employee engagement. The company emphasized its commitment to diversity and inclusion, as well as community involvement, with employees logging over 10,100 volunteer hours in support of various organizations. The bank operates 65 traditional branches and 9 loan production offices across 32 counties in California, with a strategy aimed at expanding its geographic footprint and enhancing customer service through both physical and digital channels.
Looking ahead, TriCo Bancshares expressed optimism about its growth trajectory, although it acknowledged potential challenges related to economic conditions, interest rate fluctuations, and competition in the financial services sector. The company is focused on leveraging its strong capital position, with a tangible common equity to tangible assets ratio of 10.71% as of December 31, 2025, to support future growth initiatives and maintain compliance with regulatory capital requirements. The management remains vigilant regarding market conditions and is prepared to adapt its strategies to ensure continued success in a competitive landscape.
About TRICO BANCSHARES /
TriCo Bancshares is a bank holding company for Tri Counties Bank, a California-based community bank offering consumer, small business, and commercial banking services. It provides deposits, loans, treasury management, and wealth management across California. The company emphasizes relationship banking, community engagement, and competitive, personalized service, operating under extensive federal and state regulations to serve diverse markets with a focus on safety, soundness, and community reinvestment.
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