TriCo Bancshares Company Profile (NASDAQ:TCBK)

About TriCo Bancshares (NASDAQ:TCBK)

TriCo Bancshares logoTriCo Bancshares is a bank holding company. The Company's principal subsidiary is Tri Counties Bank, a California-chartered commercial bank (the Bank). The Bank offers banking services to retail customers and small to medium-sized businesses through 68 branch offices in Northern and Central California. As of December 31, 2016, the Bank was engaged in the general commercial banking business in 26 counties in Northern and Central California. The Bank operated from 58 traditional branches and 10 in-store branches, as of December 31, 2016. The Bank conducts a commercial banking business, including accepting demand, savings and time deposits and making commercial, real estate, and consumer loans. It also offers installment note collection, issues cashier's checks, sells travelers checks and provides safe deposit boxes and other customary banking services.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Regional - Pacific Banks
  • Sub-Industry: Regional Banks
  • Symbol: NASDAQ:TCBK
  • CUSIP: 89609510
  • Web: www.tcbk.com
Capitalization:
  • Market Cap: $803.07 million
  • Outstanding Shares: 22,873,000
Average Prices:
  • 50 Day Moving Avg: $35.17
  • 200 Day Moving Avg: $34.44
  • 52 Week Range: $23.90 - $37.45
P/E:
  • Trailing P/E Ratio: 17.58
  • Foreward P/E Ratio: 15.82
  • P/E Growth: 1.69
Sales & Book Value:
  • Annual Revenue: $222.45 million
  • Price / Sales: 3.61
  • Book Value: $21.28 per share
  • Price / Book: 1.65
Dividend:
  • Annual Dividend: $0.60
  • Dividend Yield: 1.7%
Profitability:
  • Net Margins: 20.53%
  • Return on Equity: 9.47%
  • Return on Assets: 1.02%
Debt:
  • Debt-to-Equity Ratio: 0.16%
  • Current Ratio: 0.79%
  • Quick Ratio: 0.78%
Misc:
  • Average Volume: 51,497 shs.
  • Beta: 0.98
  • Short Ratio: 4.85
 

Frequently Asked Questions for TriCo Bancshares (NASDAQ:TCBK)

What is TriCo Bancshares' stock symbol?

TriCo Bancshares trades on the NASDAQ under the ticker symbol "TCBK."

How often does TriCo Bancshares pay dividends? What is the dividend yield for TriCo Bancshares?

TriCo Bancshares declared a quarterly dividend on Wednesday, May 24th. Investors of record on Thursday, June 15th will be paid a dividend of $0.17 per share on Friday, June 30th. This represents a $0.68 annualized dividend and a yield of 1.94%. The ex-dividend date of this dividend is Tuesday, June 13th. This is a boost from TriCo Bancshares's previous quarterly dividend of $0.15. View TriCo Bancshares' Dividend History.

How were TriCo Bancshares' earnings last quarter?

TriCo Bancshares (NASDAQ:TCBK) issued its quarterly earnings results on Thursday, April, 27th. The company reported $0.52 earnings per share for the quarter, beating the consensus estimate of $0.49 by $0.03. The firm earned $53.70 million during the quarter, compared to analyst estimates of $56.11 million. TriCo Bancshares had a return on equity of 9.47% and a net margin of 20.53%. View TriCo Bancshares' Earnings History.

When will TriCo Bancshares make its next earnings announcement?

TriCo Bancshares is scheduled to release their next quarterly earnings announcement on Wednesday, July, 26th 2017. View Earnings Estimates for TriCo Bancshares.

Where is TriCo Bancshares' stock going? Where will TriCo Bancshares' stock price be in 2017?

3 analysts have issued 12 month price targets for TriCo Bancshares' stock. Their forecasts range from $29.00 to $37.00. On average, they anticipate TriCo Bancshares' share price to reach $33.00 in the next year. View Analyst Ratings for TriCo Bancshares.

What are analysts saying about TriCo Bancshares stock?

Here are some recent quotes from research analysts about TriCo Bancshares stock:

  • 1. FBR & Co analysts commented, "Despite a better-than-expected headline number, TriCo’s first-quarter results were weaker than expected due to greater-than-expected NIM compression, which was offset by a reversal of the provision of loan losses. While the quarter was disappointing, management noted that flooding may have affected businesses activity. TCBK was upbeat about current business activity and noted that it is successfully raising interest rates for borrowers, though such moves remain a challenge. While we modestly lower our estimates for lower NIM and a higher provision, we expect that improved loan growth and a relatively higher NIM should support earnings going forward." (5/1/2017)
  • 2. According to Zacks Investment Research, "TriCo Bancshares is a bank holding company for Tri Counties Bank. The Bank conducts a commercial banking business including accepting demand, savings and time deposits and making commercial, real estate, and consumer loans. " (1/11/2017)

Who are some of TriCo Bancshares' key competitors?

Who owns TriCo Bancshares stock?

TriCo Bancshares' stock is owned by many different of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (4.63%), Vanguard Group Inc. (3.66%), Goldman Sachs Group Inc. (3.26%), Renaissance Technologies LLC (2.51%), Investment Counselors of Maryland LLC (2.49%) and FMR LLC (2.10%). Company insiders that own TriCo Bancshares stock include Carol A Ward, Craig B Carney, J M Wells Jr, J M Wells, Jr, M J Cushman, Patrick W Kilkenny, Richard B Osullivan and Thomas J Reddish. View Institutional Ownership Trends for TriCo Bancshares.

Who sold TriCo Bancshares stock? Who is selling TriCo Bancshares stock?

TriCo Bancshares' stock was sold by a variety of institutional investors in the last quarter, including Columbia Wanger Asset Management LLC, Bank of America Corp DE, JPMorgan Chase & Co., Morgan Stanley, River Oaks Capital LLC, Kennedy Capital Management Inc., Thomson Horstmann & Bryant Inc. and Walthausen & Co. LLC. Company insiders that have sold TriCo Bancshares stock in the last year include Carol A Ward, Craig B Carney, Richard B Osullivan and Thomas J Reddish. View Insider Buying and Selling for TriCo Bancshares.

Who bought TriCo Bancshares stock? Who is buying TriCo Bancshares stock?

TriCo Bancshares' stock was acquired by a variety of institutional investors in the last quarter, including IronBridge Capital Management LP, FMR LLC, FSI Group LLC, Dimensional Fund Advisors LP, Vanguard Group Inc., Systematic Financial Management LP, Martingale Asset Management L P and LSV Asset Management. View Insider Buying and Selling for TriCo Bancshares.

How do I buy TriCo Bancshares stock?

Shares of TriCo Bancshares can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of TriCo Bancshares stock cost?

One share of TriCo Bancshares stock can currently be purchased for approximately $35.11.

Analyst Ratings

Consensus Ratings for TriCo Bancshares (NASDAQ:TCBK) (?)
Ratings Breakdown: 2 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.33)
Consensus Price Target: $33.00 (6.01% downside)

Analysts' Ratings History for TriCo Bancshares (NASDAQ:TCBK)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/1/2017FBR & CoReiterated RatingHold$37.00MediumView Rating Details
1/6/2017FIG PartnersUpgradeMarket-Perform -> OutperformN/AView Rating Details
7/29/2016Keefe, Bruyette & WoodsDowngradeOutperform -> Market Perform$30.00 -> $29.00N/AView Rating Details
10/30/2015Sandler O'NeillBoost Price TargetBuy$31.00N/AView Rating Details
(Data available from 5/25/2015 forward)

Earnings

Earnings History for TriCo Bancshares (NASDAQ:TCBK)
Earnings by Quarter for TriCo Bancshares (NASDAQ:TCBK)
Earnings History by Quarter for TriCo Bancshares (NASDAQ:TCBK)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/26/2017        
4/27/2017Q1 2017$0.49$0.52$56.11 million$53.70 millionViewN/AView Earnings Details
1/30/2017Q4$0.48$0.54$55.34 million$55.62 millionViewN/AView Earnings Details
7/28/2016Q2$0.51$0.41$53.88 million$52.41 millionViewN/AView Earnings Details
4/28/2016Q1$0.48$0.46$50.33 million$51.19 millionViewN/AView Earnings Details
1/28/2016Q4$0.50$0.50$50.51 million$52.59 millionViewN/AView Earnings Details
10/29/2015Q3$0.46$0.55$49.43 million$51.64 millionViewN/AView Earnings Details
7/23/2015Q2$0.43$0.49$47.29 million$50.60 millionViewN/AView Earnings Details
1/30/2015Q414$0.32$0.25$46.05 million$44.73 millionViewN/AView Earnings Details
10/29/2014Q314$0.35$0.48$38.49 million$36.64 millionViewN/AView Earnings Details
7/28/2014Q114$0.40$0.30$34.98 million$35.22 millionViewN/AView Earnings Details
4/29/2014$0.38$0.45$35.30 million$34.37 millionViewN/AView Earnings Details
1/29/2014Q413$0.42$0.32$35.50 millionViewN/AView Earnings Details
4/29/2013Q113$0.33$0.53ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for TriCo Bancshares (NASDAQ:TCBK)
2017 EPS Consensus Estimate: $2.08
2018 EPS Consensus Estimate: $2.22
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173$0.47$0.52$0.50
Q2 20173$0.50$0.52$0.51
Q3 20173$0.51$0.54$0.53
Q4 20173$0.53$0.55$0.54
Q1 20182$0.50$0.53$0.52
Q2 20182$0.53$0.54$0.54
Q3 20182$0.56$0.56$0.56
Q4 20181$0.61$0.61$0.61
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for TriCo Bancshares (NASDAQ:TCBK)
Next Dividend:6/30/2017
Annual Dividend:$0.60
Dividend Yield:1.71%
Payout Ratio:30.77% (Trailing 12 Months of Earnings)
28.99% (Based on This Year's Estimates)
27.03% (Based on Next Year's Estimates)
Dividend Payments by Quarter for TriCo Bancshares (NASDAQ:TCBK)

Dividend History by Quarter for TriCo Bancshares (NASDAQ:TCBK)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/24/2017quarterly$0.171.93%6/13/20176/15/20176/30/2017
3/9/2017quarterly$0.151.68%3/16/20173/20/20173/31/2017
12/6/2016quarterly$0.151.85%12/13/201612/15/201612/30/2016
9/2/2016quarterly$0.152.21%9/12/20169/14/20169/30/2016
6/8/2016quarterly$0.152.08%6/15/20166/17/20166/30/2016
3/4/2016quarterly$0.152.37%3/14/20163/16/20163/31/2016
12/3/2015quarterly$0.152.09%12/16/201512/18/201512/31/2015
9/8/2015quarterly$0.132.16%9/16/20159/18/20159/30/2015
6/5/2015quarterly$0.132.15%6/15/20156/17/20156/30/2015
3/6/2015quarterly$0.111.88%3/18/20153/20/20153/31/2015
12/4/2014quarterly$0.111.71%12/17/201412/19/201412/31/2014
9/4/2014quarterly$0.111.86%9/17/20149/19/20149/30/2014
6/4/2014quarterly$0.111.91%6/16/20146/18/20146/30/2014
3/6/2014quarterly$0.111.74%3/17/20143/19/20143/31/2014
12/10/2013quarterly$0.111.66%12/18/201312/20/201312/31/2013
9/5/2013quarterly$0.112.14%9/18/20139/20/20139/30/2013
6/13/2013quarterly$0.112.1%6/19/20136/22/20136/28/2013
3/6/2013quarterly$0.092.06%3/18/20133/19/20133/29/2013
12/10/2012quarterly$0.092.18%12/18/201212/20/201212/31/2012
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for TriCo Bancshares (NASDAQ:TCBK)
Insider Ownership Percentage: 10.60%
Institutional Ownership Percentage: 68.65%
Insider Trades by Quarter for TriCo Bancshares (NASDAQ:TCBK)
Institutional Ownership by Quarter for TriCo Bancshares (NASDAQ:TCBK)
Insider Trades by Quarter for TriCo Bancshares (NASDAQ:TCBK)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/1/2016Thomas J ReddishCFOSell35,302$31.39$1,108,129.78View SEC Filing  
11/10/2016Carol A. WardCOOSell1,244$28.69$35,690.36View SEC Filing  
9/9/2016Craig B CarneyEVPSell4,679$27.01$126,379.79View SEC Filing  
7/12/2016Carol A. WardCOOSell3,944$28.11$110,865.84View SEC Filing  
6/14/2016Carol A WardCOOSell651$28.24$18,384.24View SEC Filing  
5/27/2016Thomas J ReddishCFOSell2,000$28.00$56,000.00View SEC Filing  
5/25/2016Richard B OsullivanEVPSell25,000$27.68$692,000.00View SEC Filing  
5/24/2016Richard B OsullivanEVPSell9,100$27.50$250,250.00View SEC Filing  
5/23/2016Richard B OsullivanEVPSell900$27.14$24,426.00View SEC Filing  
5/18/2016Richard B OsullivanEVPSell10,000$26.77$267,700.00View SEC Filing  
4/29/2016Thomas J ReddishCFOSell1,549$27.16$42,070.84View SEC Filing  
11/20/2015J M Wells JrDirectorSell4,230$28.50$120,555.00View SEC Filing  
11/19/2015M J. CushmanEVPSell71,098$28.22$2,006,385.56View SEC Filing  
11/19/2015Thomas J. ReddishCFOSell7,753$28.28$219,254.84View SEC Filing  
11/18/2015J M. Wells, Jr.DirectorSell4,099$28.40$116,411.60View SEC Filing  
11/10/2015Patrick W. KilkennyDirectorBuy1,300$28.76$37,388.00View SEC Filing  
3/12/2015J M Wells JrDirectorSell4,000$24.00$96,000.00View SEC Filing  
3/6/2015J M Wells JrDirectorSell4,000$23.40$93,600.00View SEC Filing  
8/13/2014Daniel K BaileyEVPBuy1,400$22.77$31,878.00View SEC Filing  
6/30/2014Thomas J ReddishCFOSell5,000$23.24$116,200.00View SEC Filing  
5/23/2014Thomas ReddishCFOSell4,846$23.00$111,458.00View SEC Filing  
3/13/2014Craig CarneyEVPSell3,000$24.77$74,310.00View SEC Filing  
6/14/2013Thomas J ReddishCFOSell15,154$21.01$318,385.54View SEC Filing  
5/21/2013Thomas J ReddishCFOSell3,776$19.84$74,915.84View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for TriCo Bancshares (NASDAQ:TCBK)
Latest Headlines for TriCo Bancshares (NASDAQ:TCBK)
Source:
DateHeadline
americanbankingnews.com logoTriCo Bancshares (TCBK) Declares Quarterly Dividend of $0.17
www.americanbankingnews.com - May 24 at 5:58 PM
finance.yahoo.com logoTriCo Bancshares – Value Analysis (NASDAQ:TCBK) : May 19, 2017
finance.yahoo.com - May 20 at 7:32 AM
finance.yahoo.com logoTriCo Bancshares breached its 50 day moving average in a Bearish Manner : TCBK-US : May 18, 2017
finance.yahoo.com - May 18 at 12:47 PM
americanbankingnews.com logo$0.51 Earnings Per Share Expected for TriCo Bancshares (TCBK) This Quarter
www.americanbankingnews.com - May 12 at 8:26 AM
finance.yahoo.com logoTriCo Bancshares to Participate at DA Davidson’s 19th Annual Financial Institutions Conference
finance.yahoo.com - May 9 at 7:39 PM
americanbankingnews.com logoTriCo Bancshares (TCBK) Earning Positive Press Coverage, Study Finds
www.americanbankingnews.com - May 3 at 9:14 PM
americanbankingnews.com logoTriCo Bancshares Forecasted to Post Q2 2017 Earnings of $0.50 Per Share (TCBK)
www.americanbankingnews.com - May 3 at 7:42 AM
americanbankingnews.com logoTriCo Bancshares (TCBK) Stock Rating Reaffirmed by FBR & Co
www.americanbankingnews.com - May 1 at 7:38 PM
americanbankingnews.com logoDA Davidson Comments on TriCo Bancshares' FY2018 Earnings (TCBK)
www.americanbankingnews.com - May 1 at 1:06 PM
americanbankingnews.com logoTriCo Bancshares (TCBK) Earns Coverage Optimism Score of 0.56
www.americanbankingnews.com - April 30 at 10:20 AM
americanbankingnews.com logoTriCo Bancshares (TCBK) Releases Earnings Results, Beats Expectations By $0.03 EPS
www.americanbankingnews.com - April 29 at 12:10 AM
seekingalpha.com logoTrico Bancshares beats by $0.03, misses on revenue
seekingalpha.com - April 28 at 10:28 PM
americanbankingnews.com logoTriCo Bancshares (TCBK) Issues Earnings Results, Beats Estimates By $0.03 EPS
www.americanbankingnews.com - April 28 at 6:43 PM
marketbeat.com logoTriCo tops 1Q profit forecasts
marketbeat.com - April 27 at 7:21 PM
americanbankingnews.com logoSomewhat Critical Press Coverage Extremely Likely to Affect TriCo Bancshares (TCBK) Stock Price
www.americanbankingnews.com - April 27 at 3:32 PM
finance.yahoo.com logoTriCo Bancshares breached its 50 day moving average in a Bullish Manner : TCBK-US : April 25, 2017
finance.yahoo.com - April 25 at 9:28 AM
americanbankingnews.com logo Brokerages Anticipate TriCo Bancshares (TCBK) Will Post Quarterly Sales of $56.11 Million
www.americanbankingnews.com - April 23 at 9:10 AM
americanbankingnews.com logoTriCo Bancshares (TCBK) Earns Media Impact Score of 0.25
www.americanbankingnews.com - April 21 at 10:56 PM
americanbankingnews.com logoZacks: Analysts Expect TriCo Bancshares (TCBK) Will Announce Earnings of $0.50 Per Share
www.americanbankingnews.com - April 21 at 3:41 PM
americanbankingnews.com logoTriCo Bancshares (TCBK) Receiving Positive Press Coverage, Study Finds
www.americanbankingnews.com - April 18 at 2:50 PM
americanbankingnews.com logoTriCo Bancshares (TCBK) Earns Coverage Optimism Score of 0.39
www.americanbankingnews.com - April 15 at 3:17 PM
americanbankingnews.com logoTriCo Bancshares (TCBK) Rating Reiterated by FBR & Co
www.americanbankingnews.com - April 13 at 7:38 AM
americanbankingnews.com logoEquities Analysts Offer Predictions for TriCo Bancshares' Q1 2017 Earnings (TCBK)
www.americanbankingnews.com - April 13 at 7:36 AM
bizjournals.com logoWhy Tri Counties Bank is opening a branch in downtown Sacramento
www.bizjournals.com - April 7 at 11:10 PM
finance.yahoo.com logoTriCo Bancshares : TCBK-US: Dividend Analysis : March 20th, 2017 (record date) : By the numbers : April 7, 2017
finance.yahoo.com - April 7 at 11:10 PM
finance.yahoo.com logoTRICO BANCSHARES / Financials
finance.yahoo.com - March 18 at 7:15 PM
americanbankingnews.com logoTriCo Bancshares (TCBK) Plans $0.15 Quarterly Dividend
www.americanbankingnews.com - March 9 at 10:00 PM
americanbankingnews.com logoBrokerages Expect TriCo Bancshares (TCBK) to Announce $0.51 Earnings Per Share
www.americanbankingnews.com - March 9 at 3:39 PM
finance.yahoo.com logoTriCo Bancshares Announces Quarterly Cash Dividend
finance.yahoo.com - March 8 at 8:55 PM
biz.yahoo.com logoTRICO BANCSHARES / Files SEC form 8-K, Other Events, Financial Statements and Exhibits
biz.yahoo.com - March 8 at 8:55 PM
seekingalpha.com logoTrico Bancshares (TCBK) Presenta At Sandler O'Neill 2017 West Coast Financial Services Conference
seekingalpha.com - March 8 at 1:01 AM
finance.yahoo.com logoIs TriCo Bancshares (TCBK) a Great Stock for Value Investors?
finance.yahoo.com - February 10 at 5:53 AM
seekingalpha.com logoTrico Bancshares beats by $0.06, beats on revenue
seekingalpha.com - February 1 at 6:51 AM
us.rd.yahoo.com logoTriCo Bancshares Announces Quarterly and Annual Results
us.rd.yahoo.com - January 31 at 3:49 AM
biz.yahoo.com logoTRICO BANCSHARES / Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibits
biz.yahoo.com - December 23 at 8:18 PM
seekingalpha.com logoTrico Bancshares declares $0.15 dividend
seekingalpha.com - December 7 at 12:45 AM
finance.yahoo.com logo5:13 pm TriCo Bancshares names John S. Fleshood as Chief Operating Officer
finance.yahoo.com - November 30 at 10:50 PM
finance.yahoo.com logoTriCo Bancshares Appoints John S. Fleshood Executive Vice President and Chief Operating Officer
finance.yahoo.com - November 30 at 10:50 PM
cnbc.com logoTriCo tops 3Q profit forecasts
www.cnbc.com - October 27 at 12:44 PM
seekingalpha.com logoTrico Bancshares beats by $0.05, misses on revenue
seekingalpha.com - October 27 at 12:44 PM
biz.yahoo.com logoTRICO BANCSHARES / Files SEC form 8-K, Change in Directors or Principal Officers
biz.yahoo.com - August 16 at 7:48 PM
finance.yahoo.com logoTriCo Bancshares to Participate at Keefe Bruyette & Woods 2016 Community Bank Conference
finance.yahoo.com - July 29 at 12:48 PM
finance.yahoo.com logoTriCo Bancshares downgraded by Keefe Bruyette
finance.yahoo.com - July 29 at 6:13 AM
biz.yahoo.com logoTRICO BANCSHARES / Files SEC form 8-K, Submission of Matters to a Vote of Security Holders
biz.yahoo.com - May 23 at 5:17 PM
finance.yahoo.com logoTri Counties Bank Completes Acquisition of Three More Branches along the North Coast of California
finance.yahoo.com - March 22 at 12:21 PM
biz.yahoo.com logoTRICO BANCSHARES / Files SEC form 10-K, Annual Report
biz.yahoo.com - March 10 at 4:36 PM
bizjournals.com logoFast-growing bank buys Roseville building for regional headquarters
www.bizjournals.com - February 26 at 1:53 PM
finance.yahoo.com logoTriCo Bancshares Announces Quarterly Results
finance.yahoo.com - October 29 at 4:30 PM

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TriCo Bancshares (TCBK) Chart for Thursday, May, 25, 2017

This page was last updated on 5/25/2017 by MarketBeat.com Staff