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TriCo: 3Q Earnings Snapshot

CHICO, Calif. (AP) _ TriCo Bancshares (TCBK) on Monday reported third-quarter earnings of $23.4 million.

The Chico, California-based bank said it had earnings of 76 cents per share.

The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 72 cents per share.

The holding company for Tri Counties Bank posted revenue of $83 million in the period. Its revenue net of interest expense was $78.8 million, which also topped Street forecasts. Three analysts surveyed by Zacks expected $77.9 million.

TriCo shares have risen slightly more than 9% since the beginning of the year. In the final minutes of trading on Monday, shares hit $36.96, a climb of roughly 7% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TCBK at https://www.zacks.com/ap/TCBK