CHICO, Calif. (AP) — CHICO, Calif. (AP) — TriCo Bancshares (TCBK) on Wednesday reported first-quarter net income of $35.8 million.
The Chico, California-based bank said it had earnings of $1.07 per share.
The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.13 per share.
The holding company for Tri Counties Bank posted revenue of $116.5 million in the period. Its revenue net of interest expense was $107 million, which also missed Street forecasts.
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