TriCo Bancshares (TCBK) investor relations material

Executive summary

• Q3 2026 net income was $38.0 million, or $1.18 diluted EPS, up 11.1% QoQ and 11.6% YoY; FTE net interest margin rose 5 bps QoQ to 4.16%.

• Results came amid loan growth, lower deposit costs and a $1.9 million credit-loss benefit; $3.9 million of merger-related expenses weighed on quarterly expenses.

Financial highlights

• Q3 net interest income was $96.5 million GAAP and $96.8 million FTE, up 3.1% QoQ and 7.8% YoY on an FTE basis.

• Noninterest income was $20.2 million, up 10.5% QoQ and 12.0% YoY; noninterest expense was $66.5 million, up 5.7% QoQ and 10.0% YoY.

• 9M net income was $105.8 million, up 20.4% YoY; diluted EPS was $3.29, up 23.2%.

• Q3 total assets were $10.0 billion; gross loans were $7.41 billion and deposits were $8.44 billion at quarter-end.

Outlook and guidance

• Management said it remains focused on customer service and growth while preparing for the proposed merger with First Hawaiian Bank.

• Management intends to use investment-portfolio cash flows and organic deposit growth to support loan growth, with excess liquidity available for securities purchases to support NII growth and NIM expansion.

• Proactive borrower monitoring includes assessing repayment capacity ahead of near-term rate resets; prior analysis indicated insignificant need for borrower concessions.