Trico Bancshares 10-K: $470.6M interest income; EPS $3.70
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Trico Bancshares reported $470.6 million in total interest and dividend income for the year, with net interest income at $350.8 million and net income of $121.6 million. Diluted earnings per share rose 6.9% to $3.70. Key drivers of profitability included lower interest expenses and growth in fee businesses, contributing $68.3 million to noninterest income. Loan growth was supported by deposits and investment repayments, while nonperforming assets increased, leading to enhanced monitoring and provisioning actions.
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