DA Davidson Forecasts Reduced Earnings for TriCo Bancshares

TriCo Bancshares (NASDAQ:TCBK - Free Report) - Equities researchers at DA Davidson reduced their Q2 2025 earnings per share estimates for TriCo Bancshares in a note issued to investors on Friday, June 27th. DA Davidson analyst J. Rulis now anticipates that the financial services provider will earn $0.83 per share for the quarter, down from their previous forecast of $0.84. The consensus estimate for TriCo Bancshares' current full-year earnings is $3.35 per share. DA Davidson also issued estimates for TriCo Bancshares' FY2026 earnings at $3.43 EPS.

TriCo Bancshares (NASDAQ:TCBK - Get Free Report) last released its earnings results on Thursday, April 24th. The financial services provider reported $0.80 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.78 by $0.02. The company had revenue of $98.62 million for the quarter, compared to analyst estimates of $99.59 million. TriCo Bancshares had a net margin of 21.41% and a return on equity of 9.28%.

A number of other equities analysts have also issued reports on TCBK. Raymond James Financial reduced their target price on shares of TriCo Bancshares from $48.00 to $43.00 and set an "outperform" rating on the stock in a research report on Friday, April 25th. Keefe, Bruyette & Woods decreased their price target on shares of TriCo Bancshares from $48.00 to $46.00 and set a "market perform" rating for the company in a report on Monday, April 28th. Finally, Stephens reiterated an "overweight" rating and issued a $47.00 price target on shares of TriCo Bancshares in a report on Monday, April 28th. Three analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. According to MarketBeat.com, TriCo Bancshares has an average rating of "Moderate Buy" and a consensus price target of $47.80.

TriCo Bancshares Trading Up 1.3%

Shares of NASDAQ:TCBK traded up $0.54 during trading on Monday, reaching $42.96. The stock had a trading volume of 49,589 shares, compared to its average volume of 115,133. The business has a fifty day moving average price of $40.05 and a 200-day moving average price of $41.27. The stock has a market cap of $1.41 billion, a P/E ratio of 12.52 and a beta of 0.60. TriCo Bancshares has a fifty-two week low of $35.20 and a fifty-two week high of $51.06. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.15.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Abound Financial LLC acquired a new stake in TriCo Bancshares during the first quarter worth approximately $36,000. Sterling Capital Management LLC raised its stake in TriCo Bancshares by 800.0% in the fourth quarter. Sterling Capital Management LLC now owns 1,008 shares of the financial services provider's stock valued at $44,000 after purchasing an additional 896 shares in the last quarter. CWM LLC lifted its position in TriCo Bancshares by 59.2% during the first quarter. CWM LLC now owns 1,116 shares of the financial services provider's stock worth $45,000 after purchasing an additional 415 shares during the period. KBC Group NV acquired a new stake in TriCo Bancshares during the first quarter worth about $61,000. Finally, Aquatic Capital Management LLC increased its holdings in TriCo Bancshares by 129.5% in the 4th quarter. Aquatic Capital Management LLC now owns 2,295 shares of the financial services provider's stock valued at $100,000 after buying an additional 1,295 shares during the period. Institutional investors and hedge funds own 59.11% of the company's stock.

TriCo Bancshares Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 20th. Shareholders of record on Friday, June 6th were issued a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a yield of 3.07%. The ex-dividend date was Friday, June 6th. TriCo Bancshares's dividend payout ratio is currently 38.48%.

About TriCo Bancshares

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.