Filing Flows › Trico Bancshares (TCBK) › Q1 2025
Trico Bancshares (TCBK) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 12, 2025
Trico Bancshares (TCBK) reported revenue of $98.6M for the first quarter 2025 (Q1 2025), +0.1% from a year earlier and -2% from the quarter before. Operating margin was 35.8%, net earnings $26.4M (26.7% of revenue).
Trico Bancshares, Q1 2025: revenue $98.6M (+0.1% year over year), operating margin 35.8%, net earnings $26.4M, operating cash flow $24.5M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $98.6M | -2% | +0.1% |
| Operating profit | $35.3M | -9% | -6% |
| Net earnings | $26.4M | -9% | -5% |
| Operating cash flow | $24.5M | +1% | -2% |
| Free cash flow | $22.8M | -0.5% | -5% |
What changed
Revenue was $98.6M in Q1 2025, roughly flat year over year and down 2% from the previous quarter.
Operating profit was $35.3M, a 35.8% margin (down 2.5 points year over year). Operating profit fell $2.4M even though revenue rose $108K versus a year earlier, so costs grew faster than sales. Total costs grew 4% against flat revenue. The fastest-growing cost line was Other operating costs (+267%). Net earnings were $26.4M, down 5% year over year. The effective tax rate was 25.3%.
Operating cash flow was $24.5M (down 2% year over year), 93% of net earnings. Non-cash charges added back $1.6M of depreciation and amortization and $1.1M of share-based compensation. Working capital and other items used $4.5M. Capital expenditures of $1.7M left free cash flow of $22.8M.
Questions
What was Trico Bancshares' revenue in the first quarter 2025?
Trico Bancshares (TCBK) reported revenue of $98.6M for the first quarter 2025 (Q1 2025), +0.1% from a year earlier and -2% from the quarter before.
Was Trico Bancshares profitable in the first quarter 2025?
Operating profit was $35.3M (35.8% of revenue) and net earnings $26.4M.
Source: Trico Bancshares 10-Q on SEC EDGAR.