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Stock impact report

TriCo Bancshares Announces Quarterly Results

TriCo Bancshares (TCBK) 
Last trico bancshares earnings: 4/29 09:00 am Check Earnings Report
US:NASDAQ Investor Relations: tcbk.com/investor-relations
Company Research Source: Business Wire
CHICO, Calif.--(BUSINESS WIRE)--TriCo Bancshares (NASDAQ: TCBK) (the “Company”), parent company of Tri Counties Bank, today announced net income of $16,121,000 for the quarter ended March 31, 2020, compared to $22,890,000 during the trailing quarter ended December 31, 2019 and $22,726,000 during the quarter ended March 31, 2019. Diluted earnings per share were $0.53 for the first quarter of 2020, compared to $0.75 for the fourth quarter of 2019 and $0.74 for the first quarter of 2019.Financial HighlightsPerformance highlights and other developments for the Company as of or for the three months ended March 31, 2020 included the following:For the three months ended March 31, 2020, the Company’s return on average assets was 1.00%, and the return on average equity was 7.14%.During the quarter ended March 31, 2020, the Company paid a cash dividend of $0.22 and repurchased 558,670 shares of common stock for approximately $17.30 million or $30.96 per share.As of March 31, 2020, the Compa Show less Read more
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