TriCo Bancshares Q2 FY26 net income rises 24.1% to $34.17 million; net interest margin widens 23 bps to 4.11%
TCBK•Loan growth outpaced deposits
Loans climbed 13.7% annualized to $7.31 billion from the prior quarter; deposits slipped 1.7% annualized to $8.37 billion.
Credit quality and acquisition update
Provision for credit losses fell to $2.66 million from $4.67 million a year earlier; nonperforming assets were 0.76% of total assets.
TriCo Bancshares agreed to be acquired by First Hawaiian in a stock deal; each share converts into 2.095 First Hawaiian shares, with closing expected by end-2026.
Second-quarter results improve year over year
TriCo Bancshares posted net income of $34.17 million, up 24.1% from a year earlier; diluted EPS was $1.06.
Net interest income rose 8.2% to $93.89 million (FTE) on a 23-basis-point wider net interest margin of .
