TriCo Bancshares (NASDAQ:TCBK - Get Free Report) is anticipated to announce its Q2 2025 earnings results before the market opens on Thursday, July 24th. Analysts expect the company to announce earnings of $0.82 per share and revenue of $101.15 million for the quarter.
TriCo Bancshares (NASDAQ:TCBK - Get Free Report) last posted its quarterly earnings results on Thursday, April 24th. The financial services provider reported $0.80 earnings per share for the quarter, beating the consensus estimate of $0.78 by $0.02. TriCo Bancshares had a net margin of 21.41% and a return on equity of 9.28%. The firm had revenue of $98.62 million during the quarter, compared to the consensus estimate of $99.59 million. On average, analysts expect TriCo Bancshares to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.
TriCo Bancshares Stock Up 1.4%
TCBK traded up $0.60 during midday trading on Thursday, hitting $42.58. The company had a trading volume of 110,911 shares, compared to its average volume of 113,765. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.15. The stock's 50 day moving average price is $40.80 and its 200 day moving average price is $41.10. The company has a market capitalization of $1.40 billion, a price-to-earnings ratio of 12.41 and a beta of 0.60. TriCo Bancshares has a 52 week low of $35.20 and a 52 week high of $51.06.
TriCo Bancshares Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Friday, June 20th. Stockholders of record on Friday, June 6th were given a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a dividend yield of 3.10%. The ex-dividend date was Friday, June 6th. TriCo Bancshares's payout ratio is presently 38.48%.
Analyst Ratings Changes
Several equities research analysts have recently commented on TCBK shares. Raymond James Financial decreased their target price on shares of TriCo Bancshares from $48.00 to $43.00 and set an "outperform" rating for the company in a research report on Friday, April 25th. Stephens reissued an "overweight" rating and set a $47.00 target price on shares of TriCo Bancshares in a research report on Monday, April 28th. Finally, 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 report on Monday, April 28th. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. According to data from MarketBeat.com, TriCo Bancshares currently has a consensus rating of "Moderate Buy" and an average target price of $47.80.
Get Our Latest Research Report on TriCo Bancshares
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently added to or reduced their stakes in TCBK. Jane Street Group LLC boosted its holdings in TriCo Bancshares by 280.1% during the first quarter. Jane Street Group LLC now owns 49,452 shares of the financial services provider's stock worth $1,977,000 after purchasing an additional 36,443 shares during the last quarter. Goldman Sachs Group Inc. boosted its holdings in TriCo Bancshares by 4.4% during the first quarter. Goldman Sachs Group Inc. now owns 643,656 shares of the financial services provider's stock worth $25,727,000 after purchasing an additional 27,193 shares during the last quarter. AQR Capital Management LLC boosted its holdings in TriCo Bancshares by 28.9% during the first quarter. AQR Capital Management LLC now owns 32,711 shares of the financial services provider's stock worth $1,307,000 after purchasing an additional 7,334 shares during the last quarter. Empowered Funds LLC boosted its stake in TriCo Bancshares by 8.4% in the first quarter. Empowered Funds LLC now owns 51,204 shares of the financial services provider's stock valued at $2,047,000 after acquiring an additional 3,951 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in TriCo Bancshares by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,011 shares of the financial services provider's stock valued at $760,000 after acquiring an additional 820 shares during the last quarter. 59.11% of the stock is currently owned by hedge funds and other institutional investors.
TriCo Bancshares Company Profile
(
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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.
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