NASDAQ:TCBKTriCo Bancshares Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding TriCo Bancshares Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $27.82 -0.55 (-1.94 %) (As of 06/1/2020 03:50 PM ET) Add Compare Share Today's Range$27.69Now: $27.82▼$28.6250-Day Range$24.46MA: $28.34▼$32.8052-Week Range$23.05Now: $27.82▼$41.42Volume2,860 shsAverage Volume104,019 shsMarket Capitalization$833.77 millionP/E Ratio9.97Dividend Yield3.10%Beta0.76 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media TriCo Bancshares operates as a bank holding company for Tri Counties Bank that provides commercial banking services to individual and corporate customers. It accepts demand, savings, and money market accounts, as well as time deposits. It also provides small business loans; real estate mortgage loans, such as residential and commercial loans; consumer loans; commercial loans, including agricultural loans; and real estate construction loans. In addition, the company offers treasury management services; and other customary banking services, including safe deposit boxes. Further, it provides independent financial and broker-dealer services. The company operates 69 traditional branches, 9 in-store branches, and 2 loan production offices in northern and central California. TriCo Bancshares was incorporated in 1974 and is headquartered in Chico, California.Read More Beat the Market (BTM) Rank™ 3.1 Analyst's Opinion Consensus RatingTriCo Bancshares has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 1 buy rating, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $37.50, TriCo Bancshares has a potential upside of 35.2% from its current price of $27.74.Amount of Analyst CoverageTriCo Bancshares has only been the subject of 2 research reports in the past 90 days. Previous Next 2.0 Community Rank Outperform VotesTriCo Bancshares has received 230 “outperform” votes. (Add your “outperform” vote.)Underperform VotesTriCo Bancshares has received 333 “underperform” votes. (Add your “underperform” vote.)Community SentimentTriCo Bancshares has received 59.15% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about TriCo Bancshares and other stocks. Vote “Outperform” if you believe TCBK will outperform the S&P 500 over the long term. Vote “Underperform” if you believe TCBK will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 4.2 Dividend Strength Dividend LeadershipTriCo Bancshares is a leading dividend payer. It pays a dividend yield of 3.10%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthTriCo Bancshares has been increasing its dividend for 6 years.Dividend CoverageThe dividend payout ratio of TriCo Bancshares is 29.33 %. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, TriCo Bancshares will have a dividend payout ratio of 42.11 % next year. This indicates that TriCo Bancshares will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, TriCo Bancshares insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 9.65% of the stock of TriCo Bancshares is held by insiders.Percentage Held by Institutions64.26% of the stock of TriCo Bancshares is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for TriCo Bancshares are expected to decrease by -7.11% in the coming year, from $2.25 to $2.09 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of TriCo Bancshares is 9.97, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 15.52.Price to Earnings Ratio vs. SectorThe P/E ratio of TriCo Bancshares is 9.97, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 18.96.Price to Book Value per Share RatioTriCo Bancshares has a P/B Ratio of 0.93. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.1Community Rank: 2.0Dividend Strength: 4.2Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.43 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry State commercial banks Sub-IndustryRegional Banks SectorFinance Current SymbolNASDAQ:TCBK Previous Symbol CUSIP89609510 CIK356171 Webwww.tcbk.com Phone530-898-0300Debt Debt-to-Equity Ratio0.12 Current Ratio0.84 Quick Ratio0.84Price-To-Earnings Trailing P/E Ratio9.97 Forward P/E Ratio12.36 P/E GrowthN/A Sales & Book Value Annual Sales$325.96 million Price / Sales2.56 Cash Flow$3.45 per share Price / Cash Flow8.07 Book Value$29.70 per share Price / Book0.94Profitability EPS (Most Recent Fiscal Year)$3.00 Net Income$92.07 million Net Margins26.28% Return on Equity9.64% Return on Assets1.33%Miscellaneous Employees1,184 Outstanding Shares29,970,000Market Cap$833.77 million Next Earnings Date7/23/2020 (Estimated) OptionableOptionable NASDAQ:TCBK Rates by TradingView Receive TCBK News and Ratings via Email Sign-up to receive the latest news and ratings for TCBK and its competitors with MarketBeat's FREE daily newsletter. TriCo Bancshares (NASDAQ:TCBK) Frequently Asked Questions How has TriCo Bancshares' stock been impacted by COVID-19 (Coronavirus)? TriCo Bancshares' stock was trading at $29.58 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, TCBK stock has decreased by 6.2% and is now trading at $27.7350. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of TriCo Bancshares? 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TriCo Bancshares in the last year. There are currently 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for TriCo Bancshares. When is TriCo Bancshares' next earnings date? TriCo Bancshares is scheduled to release its next quarterly earnings announcement on Thursday, July 23rd 2020. View our earnings forecast for TriCo Bancshares. How were TriCo Bancshares' earnings last quarter? TriCo Bancshares (NASDAQ:TCBK) issued its quarterly earnings results on Wednesday, April, 29th. The financial services provider reported $0.53 EPS for the quarter, missing the consensus estimate of $0.58 by $0.05. The financial services provider had revenue of $75.01 million for the quarter, compared to the consensus estimate of $75.71 million. TriCo Bancshares had a net margin of 26.28% and a return on equity of 9.64%. View TriCo Bancshares' earnings history. How often does TriCo Bancshares pay dividends? What is the dividend yield for TriCo Bancshares? TriCo Bancshares announced a quarterly dividend on Tuesday, March 3rd. Shareholders of record on Friday, March 13th will be paid a dividend of $0.22 per share on Friday, March 27th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 3.17%. The ex-dividend date is Thursday, March 12th. View TriCo Bancshares' dividend history. What price target have analysts set for TCBK? 4 brokers have issued 1 year price objectives for TriCo Bancshares' stock. Their forecasts range from $31.00 to $44.00. On average, they expect TriCo Bancshares' stock price to reach $37.50 in the next twelve months. This suggests a possible upside of 35.2% from the stock's current price. View analysts' price targets for TriCo Bancshares. Has TriCo Bancshares been receiving favorable news coverage? Media coverage about TCBK stock has trended somewhat positive this week, InfoTrie reports. The research firm identifies positive and negative news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. TriCo Bancshares earned a daily sentiment score of 1.0 on InfoTrie's scale. They also assigned press coverage about the financial services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news aboutTriCo Bancshares. Who are some of TriCo Bancshares' key competitors? Some companies that are related to TriCo Bancshares include Truist Financial (TFC), PNC Financial Services Group (PNC), SunTrust Banks (STI), First Republic Bank (FRC), Fifth Third Bancorp (FITB), M&T Bank (MTB), KeyCorp (KEY), SVB Financial Group (SIVB), Regions Financial (RF), Huntington Bancshares (HBAN), Commerce Bancshares (CBSH), Prosperity Bancshares (PB), Signature Bank (SBNY), Zions Bancorporation NA (ZION) and East West Bancorp (EWBC). View all competitors. What other stocks do shareholders of TriCo Bancshares own? Based on aggregate information from My MarketBeat watchlists, some companies that other TriCo Bancshares investors own include Boston Private Financial (BPFH), Synchronoss Technologies (SNCR), Boyd Gaming (BYD), Hurco Companies (HURC), KeyCorp (KEY), KKR & Co Inc (KKR), Main Street Capital (MAIN), Melinta Therapeutics (MLNT), Pfizer (PFE) and S & T Bancorp (STBA). Who are TriCo Bancshares' key executives? TriCo Bancshares' management team includes the following people: Mr. Richard P. Smith, Pres, CEO & Director (Age 61)Mr. Peter G. Wiese, EVP & CFO (Age 44)Mr. John S. Fleshood, Exec. VP & COO (Age 56)Mr. Craig S. Compton, Corp. Sec. & Director (Age 63)Mr. Richard B. O'Sullivan, Exec. VP & Chief Commercial Lending Officer of Tri Counties Bank (Age 62) What is TriCo Bancshares' stock symbol? TriCo Bancshares trades on the NASDAQ under the ticker symbol "TCBK." Who are TriCo Bancshares' major shareholders? TriCo Bancshares' stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.22%), The Manufacturers Life Insurance Company (2.90%), Alliancebernstein L.P. (2.38%), State Street Corp (1.95%), Investment Counselors of Maryland LLC (1.74%) and Geode Capital Management LLC (1.37%). Company insiders that own TriCo Bancshares stock include Craig B Carney, Michael W Koehnen and W Virginia Walker. View institutional ownership trends for TriCo Bancshares. Which major investors are selling TriCo Bancshares stock? TCBK stock was sold by a variety of institutional investors in the last quarter, including The Manufacturers Life Insurance Company , JPMorgan Chase & Co., Alliancebernstein L.P., Morgan Stanley, Grantham Mayo Van Otterloo & Co. LLC, Parametric Portfolio Associates LLC, Thrivent Financial for Lutherans, and UBS Group AG. View insider buying and selling activity for TriCo Bancshares. Which major investors are buying TriCo Bancshares stock? TCBK stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Ziegler Capital Management LLC, RMB Capital Management LLC, Geode Capital Management LLC, Deprince Race & Zollo Inc., Acadian Asset Management LLC, Wells Fargo & Company MN, and Two Sigma Investments LP. View insider buying and selling activity for TriCo Bancshares. How do I buy shares of TriCo Bancshares? Shares of TCBK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. What is TriCo Bancshares' stock price today? One share of TCBK stock can currently be purchased for approximately $27.74. How big of a company is TriCo Bancshares? TriCo Bancshares has a market capitalization of $831.22 million and generates $325.96 million in revenue each year. The financial services provider earns $92.07 million in net income (profit) each year or $3.00 on an earnings per share basis. TriCo Bancshares employs 1,184 workers across the globe. What is TriCo Bancshares' official website? The official website for TriCo Bancshares is www.tcbk.com. How can I contact TriCo Bancshares? TriCo Bancshares' mailing address is 63 CONSTITUTION DRIVE, CHICO CA, 95973. The financial services provider can be reached via phone at 530-898-0300 or via email at [email protected] This page was last updated on 6/1/2020 by MarketBeat.com Staff
