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Trico Bancshares - TCBK STOCK NEWS

Welcome to our dedicated page for Trico Bancshares news (Ticker: TCBK), a resource for investors and traders seeking the latest updates and insights on Trico Bancshares stock.

Trico Bancshares (NASDAQ: TCBK) is a prominent bank holding company established in 1975 and headquartered in Chico, California. Its wholly-owned subsidiary, Tri Counties Bank, operates an extensive network of traditional stand-alone and in-store branches across Northern and Central California. The bank offers a wide array of consumer, small business, and commercial banking services, making it a pivotal financial partner in the region.

Core Services:

  • Consumer Banking: Comprehensive services including demand, savings, and time deposits, and consumer loans.
  • Small Business Banking: Specialized services tailored to small businesses, including commercial loans and Treasury Management Services.
  • Commercial Banking: A range of financial solutions such as real estate loans, commercial loans, and other banking services like safe deposit boxes at select branches.

Innovative Banking Solutions:

Tri Counties Bank is committed to providing modern banking conveniences. Customers have access to around-the-clock ATM services, online banking, and mobile banking, ensuring seamless management of their financial activities anytime, anywhere.

Financial Health:

TriCo Bancshares has demonstrated robust financial health, driven by adherence to core values, sound business principles, and responsible lending practices. The company’s primary revenue source is the net interest income from its diversified banking activities.

Community Engagement:

Tri Counties Bank takes pride in its community involvement. From participating in local events to supporting educational and non-profit initiatives, the bank’s employees are active members of the communities they serve.

Recent Achievements:

Recent strategic initiatives and partnerships have further solidified TriCo Bancshares’ position as a leading financial institution. The bank continues to expand its reach and enhance its service offerings to meet the evolving needs of its customers.

Stay updated with the latest news and developments from TriCo Bancshares to understand the dynamic landscape of this thriving financial entity.

Rhea-AI Summary
Tri Counties Bank (TCBK) collaborates with FHLBank San Francisco to donate $50,000 each to Community Housing Improvement Program (CHIP) and California Coalition of Rural Housing (CCRH) through the AHEAD economic development grant program. The grants will be used for housing assistance, financial education, and higher education funding for low-income rural and tribal individuals.
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Tri Counties Bank donates $50,000 to Kern County Hispanic Chamber of Commerce for their 2023 Small Business Academy. The program offers education and support for small business owners, with courses available in Spanish and English. In 2023, the academy has helped grow over 200 small Hispanic-owned businesses, created 60 new jobs, and launched 23 new businesses in Kern County.
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TriCo Bancshares announces net income of $30.6 million for Q3 2023, compared to $24.9 million in Q2 2023 and $37.3 million in Q3 2022. Diluted earnings per share were $0.92 for Q3 2023. Loan balances increased by $187.9 million or 2.9%, while deposit balances declined by $85.7 million or 1.1% from the previous quarter.
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Tri Counties Bank partners with Self-Help Enterprises to launch a new Down Payment Assistance Program. The program offers up to 3% of the home's purchase price (up to $10,000) in down-payment assistance loans for low- and moderate-income homebuyers in Stanislaus, Merced, Madera, Fresno, Tulare, and Kern Counties. Loans have a term of five years with zero percent interest and may qualify for forgiveness if terms are met.
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Tri Counties Bank named 'Top Partner' by California Black Chamber of Commerce for its commitment to helping home buyers
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Tri Counties Bank notifies of data privacy event
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TriCo Bancshares declares quarterly cash dividend of $0.30 per share on its common stock.
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FAQ

What is the current stock price of Trico Bancshares (TCBK)?

The current stock price of Trico Bancshares (TCBK) is $44.45 as of December 20, 2024.

What is the market cap of Trico Bancshares (TCBK)?

The market cap of Trico Bancshares (TCBK) is approximately 1.5B.

What services does Tri Counties Bank offer?

Tri Counties Bank provides consumer, small business, and commercial banking services, including deposits, loans, and Treasury Management Services.

Where is TriCo Bancshares headquartered?

TriCo Bancshares is headquartered in Chico, California.

How does Tri Counties Bank engage with the community?

The bank participates in local events, supports educational and non-profit initiatives, and encourages employee involvement in community activities.

What is the primary source of revenue for TriCo Bancshares?

The primary source of revenue is net interest income from its diversified banking activities.

Does Tri Counties Bank offer online and mobile banking?

Yes, Tri Counties Bank provides convenient around-the-clock online and mobile banking services.

When was TriCo Bancshares established?

TriCo Bancshares was established in 1975.

What types of loans does Tri Counties Bank offer?

The bank offers consumer loans, small business loans, commercial loans, and real estate loans.

How many branches does Tri Counties Bank operate?

Tri Counties Bank operates an extensive network of traditional stand-alone and in-store branches throughout Northern and Central California.

What are some recent achievements of TriCo Bancshares?

Recent strategic initiatives and partnerships have strengthened its position as a leading financial institution.

How does TriCo Bancshares maintain financial health?

The company upholds core values, sound business principles, and responsible lending practices to ensure robust financial health.

Trico Bancshares

Nasdaq:TCBK

TCBK Rankings

TCBK Stock Data

1.47B
30.32M
8.07%
64.5%
1.03%
Banks - Regional
State Commercial Banks
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United States of America
CHICO