TCBK Q1 2024 Earnings — TriCo Bancshares Revenue & Financial Results | Market Cap Arena

TCBKTriCo Bancshares

$2B

Q1 2024 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$130M+12.8% YoY

Gross Profit

$93M71.5% margin

Operating Income

$38M29.1% margin

Net Income

$28M21.4% margin

EPS (Diluted)

$0.83

QoQ Revenue Growth

-0.4%

Cash Flow

Operating Cash Flow

$25M

Free Cash Flow

$24M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$9.8B

Total Liabilities

$8.7B

Stockholders' Equity

$1.2B

Cash & Equivalents

$83M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$130M	$115M	+12.8%
Gross Profit	$93M	$101M	-8.4%
Operating Income	$38M	$49M	-23.0%
Net Income	$28M	$36M	-22.6%

Revenue Segments

Credit and Debit Card

$6M49%

Deposit Account

$5M37%

Financial Service, Other

$1M11%

Mortgage Banking

$428,0003%

Excess Mortgage Servicing Rights

$11,0000%