TCBK Q2 2023 Earnings — TriCo Bancshares Revenue & Financial Results | Market Cap Arena

TCBKTriCo Bancshares

$2B

Q2 2023 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$121M+19.0% YoY

Gross Profit

$93M76.7% margin

Operating Income

$33M27.6% margin

Net Income

$25M20.6% margin

EPS (Diluted)

$0.75

QoQ Revenue Growth

+5.4%

Cash Flow

Operating Cash Flow

$17M

Free Cash Flow

$15M

Stock-Based Comp.

$930,000

Balance Sheet

Total Assets

$9.9B

Total Liabilities

$8.8B

Stockholders' Equity

$1.1B

Cash & Equivalents

$119M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$121M	$102M	+19.0%
Gross Profit	$93M	$98M	-5.0%
Operating Income	$33M	$43M	-22.4%
Net Income	$25M	$31M	-20.6%

Revenue Segments

Credit and Debit Card

$6M57%

Deposit Account

$3M31%

Financial Service, Other

$1M10%

Mortgage Banking

$465,0004%

Excess Mortgage Servicing Rights

-$209,000-2%