KBRA Releases Surveillance Report for TriCo Bancshares
15 Sep 2023 | New York
On August 25, 2023, KBRA affirmed the senior unsecured debt rating of BBB+, the subordinated debt rating of BBB, and the short-term debt rating of K2 for Chico, California-based TriCo Bancshares (NASDAQ: TCBK). Additionally, KBRA affirmed the deposit and senior unsecured debt ratings of A-, the subordinated debt rating of BBB+, and the short-term deposit and debt ratings of K2 for the lead subsidiary, Tri Counties Bank. The Outlook for all long-term ratings is Stable.
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