About TriCo Bancshares (NASDAQ:TCBK)
TriCo 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
Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
SymbolNASDAQ:TCBK
CUSIP89609510
Phone530-898-0300
Debt
Debt-to-Equity Ratio0.35%
Current Ratio0.80%
Quick Ratio0.80%
Price-To-Earnings
Trailing P/E Ratio18.14
Forward P/E Ratio14.82
P/E Growth1.47
Sales & Book Value
Annual Sales$231.42 million
Price / Sales3.78
Cash Flow$2.6305 per share
Price / Cash14.48
Book Value$22.03 per share
Price / Book1.73
Profitability
EPS (Most Recent Fiscal Year)$2.08
Net Income$40.55 million
Net Margins17.52%
Return on Equity9.70%
Return on Assets1.05%
Miscellaneous
Employees1,023
Outstanding Shares22,970,000
TriCo Bancshares (NASDAQ:TCBK) Frequently Asked Questions
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 announced a quarterly dividend on Thursday, March 1st. Shareholders of record on Friday, March 16th will be paid a dividend of $0.17 per share on Friday, March 30th. This represents a $0.68 dividend on an annualized basis and a yield of 1.79%. The ex-dividend date is Thursday, March 15th. View TriCo Bancshares' Dividend History.
How were TriCo Bancshares' earnings last quarter?
TriCo Bancshares (NASDAQ:TCBK) announced its quarterly earnings data on Tuesday, January, 30th. The financial services provider reported $0.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.55 by $0.08. The financial services provider earned $57.57 million during the quarter, compared to analyst estimates of $58.45 million. TriCo Bancshares had a net margin of 17.52% and a return on equity of 9.70%. View TriCo Bancshares' Earnings History.
When is TriCo Bancshares' next earnings date?
What price target have analysts set for TCBK?
4 Wall Street analysts have issued 12 month price objectives for TriCo Bancshares' stock. Their forecasts range from $37.00 to $44.00. On average, they anticipate TriCo Bancshares' share price to reach $41.6667 in the next twelve months. View Analyst Ratings for TriCo Bancshares.
Who are some of TriCo Bancshares' key competitors?
Some companies that are related to TriCo Bancshares include First Financial Bankshares (FFIN), Cathay General Bancorp (CATY), Columbia Banking System (COLB), South State Bank (SSB), Glacier Bancorp (GBCI), BancorpSouth Bank (BXS), International Bancshares (IBOC), United Community Bank (UCBI), CVB Financial (CVBF), Union Bankshares (UBSH), Great Western Bancorp (GWB), Hilltop (HTH), ServisFirst Bancshares (SFBS), First Interstate BancSystem (FIBK) and Renasant (RNST).
Who are TriCo Bancshares' key executives?
TriCo Bancshares' management team includes the folowing people:
- William J. Casey, Independent Chairman of the Board, Lead Director (Age 72)
- Richard P. Smith, President, Chief Executive Officer, Director (Age 59)
- Thomas J. Reddish, Chief Financial Officer, Executive Vice President (Age 57)
- John S. Fleshood, Chief Operating Officer, Executive Vice President (Age 54)
- Glenn C. Hunter, Chief Human Resources Officer, Senior Vice President (Age 66)
- Daniel K. Bailey, Executive Vice President and Chief Retail Banking Officer (Age 48)
- Craig Brain Carney, Executive Vice President, Chief Credit Officer of Bank (Age 58)
- Richard O' Sullivan, Executive Vice President - Wholesale Banking of Tri Counties Bank (Age 60)
- Donald J. Amaral, Independent Director (Age 64)
- L. Gage Chrysler III, Independent Director (Age 63)
Has TriCo Bancshares been receiving favorable news coverage?
News headlines about TCBK stock have trended somewhat positive recently, Accern reports. Accern scores the sentiment of media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. TriCo Bancshares earned a news sentiment score of 0.07 on Accern's scale. They also gave news coverage about the financial services provider an impact score of 44.89 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near future.
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, Scottrade, Fidelity and Charles Schwab.
What is TriCo Bancshares' stock price today?
One share of TCBK stock can currently be purchased for approximately $38.09.
How big of a company is TriCo Bancshares?
TriCo Bancshares has a market capitalization of $866.59 million and generates $231.42 million in revenue each year. The financial services provider earns $40.55 million in net income (profit) each year or $2.08 on an earnings per share basis. TriCo Bancshares employs 1,023 workers across the globe.
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]
MarketBeat Community Rating for TriCo Bancshares (TCBK)
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.
TriCo Bancshares (NASDAQ:TCBK) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
4 Wall Street analysts have issued ratings and price targets for TriCo Bancshares in the last 12 months. Their average twelve-month price target is $41.6667, suggesting that the stock has a possible upside of 9.39%. The high price target for TCBK is $44.00 and the low price target for TCBK is $37.00. There are currently 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus rating of "Buy."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Buy | Buy | Hold | Buy |
| Consensus Rating Score: | 2.50 | 2.50 | 2.00 | 2.50 |
| Ratings Breakdown: | 0 Sell Rating(s)
2 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
2 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
3 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
1 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $41.6667 | $41.6667 | $41.00 | $37.00 |
| Price Target Upside: | 9.39% upside | 13.91% upside | 3.88% upside | 4.34% upside |
TriCo Bancshares (NASDAQ:TCBK) Consensus Price Target History
TriCo Bancshares (NASDAQ:TCBK) Analyst Ratings History
Show:
(Data available from 4/25/2016 forward)
TriCo Bancshares (NASDAQ:TCBK) Dividend Information
TriCo Bancshares pays an annual dividend of $0.68 per share, with a dividend yield of 1.79%. TCBK's most recent quarterly dividend payment was Friday, March 30. TriCo Bancshares pays out 32.69% of its earnings out as a dividend.
| Most Recent Dividend: | 3/30/2018 |
| Annual Dividend: | $0.68 |
| Dividend Yield: | 1.79% |
| Payout Ratio: | 32.69% (Trailing 12 Months of Earnings)
26.46% (Based on This Year's Estimates)
22.15% (Based on Next Year's Estimates)
|
TriCo Bancshares (NASDAQ:TCBK) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 3/1/2018 | quarterly | $0.17 | 1.82% | 3/15/2018 | 3/16/2018 | 3/30/2018 |
| 11/28/2017 | Quarterly | $0.17 | 1.62% | 12/14/2017 | 12/15/2017 | 12/29/2017 |
| 8/23/2017 | quarterly | $0.17 | 1.91% | 9/14/2017 | 9/15/2017 | 9/29/2017 |
| 5/24/2017 | quarterly | $0.17 | 1.93% | 6/13/2017 | 6/15/2017 | 6/30/2017 |
| 3/9/2017 | quarterly | $0.15 | 1.68% | 3/16/2017 | 3/20/2017 | 3/31/2017 |
| 12/6/2016 | quarterly | $0.15 | 1.85% | 12/13/2016 | 12/15/2016 | 12/30/2016 |
| 9/2/2016 | quarterly | $0.15 | 2.21% | 9/12/2016 | 9/14/2016 | 9/30/2016 |
| 6/8/2016 | quarterly | $0.15 | 2.08% | 6/15/2016 | 6/17/2016 | 6/30/2016 |
| 3/4/2016 | quarterly | $0.15 | 2.37% | 3/14/2016 | 3/16/2016 | 3/31/2016 |
| 12/3/2015 | quarterly | $0.15 | 2.09% | 12/16/2015 | 12/18/2015 | 12/31/2015 |
| 9/8/2015 | quarterly | $0.13 | 2.16% | 9/16/2015 | 9/18/2015 | 9/30/2015 |
| 6/5/2015 | quarterly | $0.13 | 2.15% | 6/15/2015 | 6/17/2015 | 6/30/2015 |
| 3/6/2015 | quarterly | $0.11 | 1.88% | 3/18/2015 | 3/20/2015 | 3/31/2015 |
| 12/4/2014 | quarterly | $0.11 | 1.71% | 12/17/2014 | 12/19/2014 | 12/31/2014 |
| 9/4/2014 | quarterly | $0.11 | 1.86% | 9/17/2014 | 9/19/2014 | 9/30/2014 |
| 6/4/2014 | quarterly | $0.11 | 1.91% | 6/16/2014 | 6/18/2014 | 6/30/2014 |
| 3/6/2014 | quarterly | $0.11 | 1.74% | 3/17/2014 | 3/19/2014 | 3/31/2014 |
| 12/10/2013 | quarterly | $0.11 | 1.66% | 12/18/2013 | 12/20/2013 | 12/31/2013 |
| 9/5/2013 | quarterly | $0.11 | 2.14% | 9/18/2013 | 9/20/2013 | 9/30/2013 |
| 6/13/2013 | quarterly | $0.11 | 2.1% | 6/19/2013 | 6/22/2013 | 6/28/2013 |
| 3/6/2013 | quarterly | $0.09 | 2.06% | 3/18/2013 | 3/19/2013 | 3/29/2013 |
| 12/10/2012 | quarterly | $0.09 | 2.18% | 12/18/2012 | 12/20/2012 | 12/31/2012 |
(Data available from 1/1/2013 forward)
TriCo Bancshares (NASDAQ TCBK) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 9.10%
Institutional Ownership Percentage: 69.77%
TriCo Bancshares (NASDAQ TCBK) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 8/31/2017 | Craig B Carney | EVP | Sell | 5,000 | $36.00 | $180,000.00 | 18,294 |  |
| 8/16/2017 | Craig B Carney | EVP | Sell | 5,000 | $37.25 | $186,250.00 | 23,998 | |
| 12/1/2016 | Thomas J Reddish | CFO | Sell | 35,302 | $31.39 | $1,108,129.78 | 51,130 | |
| 11/10/2016 | Carol A. Ward | COO | Sell | 1,244 | $28.69 | $35,690.36 | | |
| 9/9/2016 | Craig B Carney | EVP | Sell | 4,679 | $27.01 | $126,379.79 | 10,288 | |
| 7/12/2016 | Carol A. Ward | COO | Sell | 3,944 | $28.11 | $110,865.84 | | |
| 6/14/2016 | Carol A Ward | COO | Sell | 651 | $28.24 | $18,384.24 | 4,295 | |
| 5/27/2016 | Thomas J Reddish | CFO | Sell | 2,000 | $28.00 | $56,000.00 | 46,351 | |
| 5/25/2016 | Richard B Osullivan | EVP | Sell | 25,000 | $27.68 | $692,000.00 | 180,649 | |
| 5/24/2016 | Richard B Osullivan | EVP | Sell | 9,100 | $27.50 | $250,250.00 | 180,649 | |
| 5/23/2016 | Richard B Osullivan | EVP | Sell | 900 | $27.14 | $24,426.00 | 180,649 | |
| 5/18/2016 | Richard B Osullivan | EVP | Sell | 10,000 | $26.77 | $267,700.00 | 182,414 | |
| 4/29/2016 | Thomas J Reddish | CFO | Sell | 1,549 | $27.16 | $42,070.84 | 42,861 | |
| 11/20/2015 | J M Wells Jr | Director | Sell | 4,230 | $28.50 | $120,555.00 | 8,816 | |
| 11/19/2015 | M J. Cushman | EVP | Sell | 71,098 | $28.22 | $2,006,385.56 | 1,292 | |
| 11/19/2015 | Thomas J. Reddish | CFO | Sell | 7,753 | $28.28 | $219,254.84 | 38,851 | |
| 11/18/2015 | J M. Wells, Jr. | Director | Sell | 4,099 | $28.40 | $116,411.60 | 12,717 | |
| 11/10/2015 | Patrick W. Kilkenny | Director | Buy | 1,300 | $28.76 | $37,388.00 | 3,139 | |
| 3/12/2015 | J M Wells Jr | Director | Sell | 4,000 | $24.00 | $96,000.00 | | |
| 3/6/2015 | J M Wells Jr | Director | Sell | 4,000 | $23.40 | $93,600.00 | | |
| 8/13/2014 | Daniel K Bailey | EVP | Buy | 1,400 | $22.77 | $31,878.00 | | |
| 6/30/2014 | Thomas J Reddish | CFO | Sell | 5,000 | $23.24 | $116,200.00 | | |
| 5/23/2014 | Thomas Reddish | CFO | Sell | 4,846 | $23.00 | $111,458.00 | 5,753 | |
| 3/13/2014 | Craig Carney | EVP | Sell | 3,000 | $24.77 | $74,310.00 | 29,216 | |
| 6/14/2013 | Thomas J Reddish | CFO | Sell | 15,154 | $21.01 | $318,385.54 | | |
| 5/21/2013 | Thomas J Reddish | CFO | Sell | 3,776 | $19.84 | $74,915.84 | | |
(Data available from 1/1/2013 forward)
TriCo Bancshares (NASDAQ TCBK) News Headlines
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TriCo Bancshares (NASDAQ:TCBK) SEC Filings
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TriCo Bancshares (NASDAQ:TCBK) Income Statement, Balance Sheet and Cash Flow Statement
TriCo Bancshares (NASDAQ TCBK) Stock Chart for Wednesday, April, 25, 2018
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