TCBK Q2 2024 Earnings — TriCo Bancshares Revenue & Financial Results | Market Cap Arena

TCBKTriCo Bancshares

$2B

Q2 2024 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$131M+8.2% YoY

Gross Profit

$95M72.9% margin

Operating Income

$39M29.9% margin

Net Income

$29M22.2% margin

EPS (Diluted)

$0.87

QoQ Revenue Growth

+1.0%

Cash Flow

Operating Cash Flow

$32M

Free Cash Flow

$31M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$9.7B

Total Liabilities

$8.6B

Stockholders' Equity

$1.2B

Cash & Equivalents

$207M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$131M	$121M	+8.2%
Gross Profit	$95M	$93M	+2.9%
Operating Income	$39M	$33M	+17.0%
Net Income	$29M	$25M	+16.6%

Revenue Segments

Credit and Debit Card

$6M50%

Deposit Account

$5M38%

Financial Service, Other

$1M10%

Mortgage Banking

$438,0003%

Excess Mortgage Servicing Rights

-$147,000-1%