Q2 Earnings Estimate for TCBK Issued By DA Davidson

TriCo Bancshares (NASDAQ:TCBK - Free Report) - Research analysts at DA Davidson issued their Q2 2025 earnings per share (EPS) estimates for TriCo Bancshares in a note issued to investors on Friday, April 25th. DA Davidson analyst J. Rulis anticipates that the financial services provider will post earnings of $0.84 per share for the quarter. The consensus estimate for TriCo Bancshares' current full-year earnings is $3.35 per share.

TCBK has been the subject of a number of other reports. Keefe, Bruyette & Woods decreased their target price on shares of TriCo Bancshares from $48.00 to $46.00 and set a "market perform" rating for the company in a research note on Monday. Raymond James reduced their price objective on TriCo Bancshares from $48.00 to $43.00 and set an "outperform" rating for the company in a research report on Friday, April 25th. Finally, Stephens reissued an "overweight" rating and issued a $47.00 target price on shares of TriCo Bancshares in a research report on Monday. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $47.80.

TriCo Bancshares Stock Performance

TriCo Bancshares stock traded up $0.50 during midday trading on Monday, reaching $39.63. 3,658 shares of the company traded hands, compared to its average volume of 116,802. TriCo Bancshares has a 12 month low of $35.20 and a 12 month high of $51.06. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.86 and a quick ratio of 0.86. The business has a 50 day moving average of $39.52 and a two-hundred day moving average of $43.21. The firm has a market capitalization of $1.30 billion, a price-to-earnings ratio of 11.49 and a beta of 0.59.

TriCo Bancshares (NASDAQ:TCBK - Get Free Report) last posted its earnings results on Thursday, April 24th. The financial services provider reported $0.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.78 by $0.02. TriCo Bancshares had a net margin of 21.63% and a return on equity of 9.63%. The business had revenue of $98.62 million for the quarter, compared to analysts' expectations of $99.59 million.

Hedge Funds Weigh In On TriCo Bancshares

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Abound Financial LLC bought a new position in shares of TriCo Bancshares in the first quarter worth about $36,000. Sterling Capital Management LLC increased its holdings in TriCo Bancshares by 800.0% in the 4th quarter. Sterling Capital Management LLC now owns 1,008 shares of the financial services provider's stock worth $44,000 after acquiring an additional 896 shares in the last quarter. CWM LLC raised its stake in TriCo Bancshares by 59.2% during the 1st quarter. CWM LLC now owns 1,116 shares of the financial services provider's stock worth $45,000 after acquiring an additional 415 shares during the period. KBC Group NV bought a new stake in TriCo Bancshares during the 1st quarter worth approximately $61,000. Finally, Aquatic Capital Management LLC lifted its holdings in TriCo Bancshares by 129.5% during the fourth quarter. Aquatic Capital Management LLC now owns 2,295 shares of the financial services provider's stock valued at $100,000 after purchasing an additional 1,295 shares in the last quarter. 59.11% of the stock is currently owned by hedge funds and other institutional investors.

TriCo Bancshares Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 21st. Investors of record on Friday, March 7th were issued a $0.33 dividend. The ex-dividend date of this dividend was Friday, March 7th. This represents a $1.32 dividend on an annualized basis and a yield of 3.33%. TriCo Bancshares's dividend payout ratio is currently 38.48%.

TriCo Bancshares Company Profile

TriCo Bancshares operates as a bank holding company for Tri Counties Bank that provides commercial banking services to individual and corporate customers. The company accepts demand, savings, and time deposits. It also provides small business loans; real estate mortgage loans, such as residential and commercial loans; consumer loans; mortgage, auto, other vehicle, and personal loans; commercial loans, including agricultural loans; and real estate construction loans.