NASDAQ:TCBK

TriCo Bancshares - TCBK Stock Forecast, Price & News

$49.25

+0.98 (+2.03%)

(As of 08/15/2022 12:00 AM ET)

Add

Compare

Today's Range: $47.61
▼
$49.27
50-Day Range: $43.44
▼
$49.25
52-Week Range: $37.41
▼
$49.27

Volume: 72,201 shs
Average Volume: 104,862 shs
Market Capitalization: $1.64 billion

P/E Ratio: 14.23
Dividend Yield: 2.07%
Price Target: $49.60

TriCo Bancshares MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 0.7% Upside
$49.60 Price Target
Short Interest: Healthy
2.31% of Shares Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.94
Based on 2 Articles This Week
Insider Trading: Selling Shares
$105,000 Sold Last Quarter
Proj. Earnings Growth: 14.40%
From $3.89 to $4.45 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.16 out of 5 stars

Finance Sector

609th out of 926 stocks

State Commercial Banks Industry

141st out of 193 stocks

1.5

Analyst's Opinion

Consensus Rating
TriCo Bancshares has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $49.60, TriCo Bancshares has a forecasted upside of 0.7% from its current price of $49.25.
Amount of Analyst Coverage
TriCo Bancshares has only been the subject of 2 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
2.31% of the outstanding shares of TriCo Bancshares have been sold short.
Short Interest Ratio / Days to Cover
TriCo Bancshares has a short interest ratio ("days to cover") of 5.7.
Change versus previous month
Short interest in TriCo Bancshares has recently decreased by 2.32%, indicating that investor sentiment is improving.

2.5

Dividend Strength

Dividend Yield
TriCo Bancshares pays a meaningful dividend of 2.07%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
TriCo Bancshares has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of TriCo Bancshares is 28.90%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, TriCo Bancshares will have a dividend payout ratio of 22.47% next year. This indicates that TriCo Bancshares will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for TCBK.

2.7

News and Social Media Coverage

News Sentiment
TriCo Bancshares has a news sentiment score of 0.94. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.67 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for TriCo Bancshares this week, compared to 1 article on an average week.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, TriCo Bancshares insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $105,000.00 in company stock.
Percentage Held by Insiders
Only 4.10% of the stock of TriCo Bancshares is held by insiders.
Percentage Held by Institutions
57.69% of the stock of TriCo Bancshares is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for TriCo Bancshares are expected to grow by 14.40% in the coming year, from $3.89 to $4.45 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of TriCo Bancshares is 14.23, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.30.
Price to Earnings Ratio vs. Sector
The P/E ratio of TriCo Bancshares is 14.23, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 147.98.
Price to Book Value per Share Ratio
TriCo Bancshares has a P/B Ratio of 1.46. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About TriCo Bancshares (NASDAQ:TCBK) Stock

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; 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; and independent financial and broker-dealer services. It operates 61 traditional branches, 7 in-store branches, and 7 loan production offices in 31 counties throughout California. The company was founded in 1975 and is headquartered in Chico, California.

Analysts Set New Price Targets

Several research firms have recently weighed in on TCBK. Piper Sandler increased their price target on TriCo Bancshares to $56.00 in a report on Monday, July 4th. Raymond James raised their target price on TriCo Bancshares from $44.00 to $48.00 and gave the stock an "outperform" rating in a report on Thursday, July 7th. Janney Montgomery Scott raised TriCo Bancshares from a "neutral" rating to a "buy" rating and set a $49.00 target price on the stock in a report on Tuesday, May 3rd. Finally, Stephens raised TriCo Bancshares from an "equal weight" rating to an "overweight" rating and raised their price target for the company from $46.00 to $48.00 in a report on Wednesday, May 11th. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $49.60.

TriCo Bancshares Trading Up 1.5 %

Shares of TriCo Bancshares stock opened at $48.27 on Monday. The firm has a market cap of $1.61 billion, a price-to-earnings ratio of 13.95 and a beta of 0.50. The business has a 50-day moving average price of $46.06 and a 200-day moving average price of $43.41. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 0.13. TriCo Bancshares has a twelve month low of $37.41 and a twelve month high of $48.59.

TriCo Bancshares (NASDAQ:TCBK - Get Rating) last issued its quarterly earnings data on Wednesday, July 27th. The financial services provider reported $0.93 earnings per share for the quarter, missing analysts' consensus estimates of $0.99 by ($0.06). TriCo Bancshares had a net margin of 29.83% and a return on equity of 10.39%. Equities research analysts anticipate that TriCo Bancshares will post 3.89 EPS for the current fiscal year.

TriCo Bancshares Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, June 24th. Investors of record on Friday, June 10th were given a $0.25 dividend. The ex-dividend date was Thursday, June 9th. This represents a $1.00 annualized dividend and a yield of 2.07%. TriCo Bancshares's dividend payout ratio is currently 28.90%.

Insider Buying and Selling

In related news, Director Cory W. Giese sold 2,500 shares of TriCo Bancshares stock in a transaction dated Tuesday, May 17th. The stock was sold at an average price of $42.00, for a total value of $105,000.00. Following the completion of the transaction, the director now owns 9,503 shares in the company, valued at $399,126. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 4.10% of the stock is currently owned by company insiders.

Receive TCBK Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for TriCo Bancshares and its competitors with MarketBeat's FREE daily newsletter.

TCBK Stock News Headlines

August 4, 2022 | finance.yahoo.com

Tri Counties Bank and FHLBank San Francisco Award Over $2.1 Million in Grants Towards Affordable Housing

August 4, 2022 | americanbankingnews.com

TriCo Bancshares (NASDAQ:TCBK) vs. Randolph Bancorp (NASDAQ:RNDB) Critical Contrast

August 2, 2022 | americanbankingnews.com

Richmond Mutual Bancorporation (NASDAQ:RMBI) & TriCo Bancshares (NASDAQ:TCBK) Head-To-Head Contrast

August 2, 2022 | americanbankingnews.com

DA Davidson Comments on TriCo Bancshares' Q3 2022 Earnings (NASDAQ:TCBK)

July 27, 2022 | nasdaq.com

TriCo (TCBK) Q2 Earnings Lag Estimates

July 27, 2022 | finance.yahoo.com

TriCo Bancshares Announces Second Quarter 2022 Results

July 27, 2022 | americanbankingnews.com

TriCo Bancshares (NASDAQ:TCBK) Hits New 1-Year High at $47.59

July 25, 2022 | finance.yahoo.com

Here's Why TriCo Bancshares (NASDAQ:TCBK) Has Caught The Eye Of Investors

July 22, 2022 | americanbankingnews.com

TriCo Bancshares (NASDAQ:TCBK) Receives Average Rating of "Moderate Buy" from Brokerages

July 20, 2022 | nasdaq.com

Trico Bancshares Shares Close in on 52-Week High - Market Mover

July 15, 2022 | morningstar.com

TriCo Bancshares - Stock Quote TCBK

July 7, 2022 | markets.businessinsider.com

Where TriCo Stands With Analysts

June 25, 2022 | finance.yahoo.com

Are Institutions Heavily Invested In TriCo Bancshares' (NASDAQ:TCBK) Shares?

June 14, 2022 | finance.yahoo.com

Tri Counties Bank and Community Foundation of the North State Grant More Than $100,000 in Scholarships for High School Seniors

June 7, 2022 | nasdaq.com

Ex-Dividend Reminder: Spire, South Jersey Industries and TriCo Bancshares

May 26, 2022 | finance.yahoo.com

TriCo Bancshares (NASDAQ:TCBK) Has Re-Affirmed Its Dividend Of US$0.25

May 11, 2022 | markets.businessinsider.com

Analyst Ratings for TriCo

May 5, 2022 | finance.yahoo.com

TriCo Bancshares (NASDAQ:TCBK) jumps 8.6% this week, though earnings growth is still tracking behind five-year shareholder returns

April 28, 2022 | finance.yahoo.com

TriCo Bancshares Announces First Quarter 2022 Results

April 8, 2022 | finance.yahoo.com

TriCo (TCBK) Loses 8.2% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

March 28, 2022 | finance.yahoo.com

TriCo Bancshares Completes Merger with Valley Republic Bancorp, Appoints New Director and Resumes Stock Repurchase Program

March 25, 2022 | finance.yahoo.com

TriCo Bancshares passes $10 billion asset mark with acquisition

March 1, 2022 | seekingalpha.com

TriCo Bancshares declares $0.25 dividend

March 1, 2022 | finance.yahoo.com

TriCo Bancshares and Valley Republic Bancorp Announce Receipt of Regulatory Approvals for Merger

January 28, 2022 | nasdaq.com

Analyst Estimates: Here's What Brokers Think Of TriCo Bancshares (NASDAQ:TCBK) After Its Yearly Report

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

Receive TCBK Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for TriCo Bancshares and its competitors with MarketBeat's FREE daily newsletter.

TCBK Company Calendar

Ex-Dividend for 6/24 Dividend: 6/09/2022
Dividend Payable: 6/24/2022
Last Earnings: 7/27/2022
Today: 8/15/2022
Next Earnings (Estimated): 10/25/2022
Fiscal Year End: 12/31/2022

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: State commercial banks
Sub-Industry: Regional Banks
Sector: Finance
Current Symbol: NASDAQ:TCBK
CUSIP: 89609510
CIK: 356171
Web: www.tcbk.com
Phone: (530) 898-0300
Fax: 530-898-0310
Employees: 1,094
Year Founded: 1974

Price Target and Rating

Average Stock Price Forecast: $49.60
High Stock Price Forecast: $56.00
Low Stock Price Forecast: $47.00
Forecasted Upside/Downside: +0.7%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): $3.46
Trailing P/E Ratio: 14.23
Forward P/E Ratio: 12.66
P/E Growth: N/A
Net Income: $117.65 million
Net Margins: 29.83%
Pretax Margin: 41.38%
Return on Equity: 10.39%
Return on Assets: 1.15%

Debt

Debt-to-Equity Ratio: 0.13
Current Ratio: 0.75
Quick Ratio: 0.75

Sales & Book Value

Annual Sales: $340.71 million
Price / Sales: 4.82
Cash Flow: $4.68 per share
Price / Cash Flow: 10.53
Book Value: $33.66 per share
Price / Book: 1.46

Miscellaneous

Outstanding Shares: 33,346,000
Free Float: 31,979,000
Market Cap: $1.64 billion
Optionable: Optionable
Beta: 0.50

Social Links

Key Executives

Mr. Richard P. Smith (Age 64)
Chairman, Pres & CEO
Comp: $1.7M
Mr. Michael W. Koehnen (Age 61)
Independent Vice Chairman & Corp. Sec.
Comp: $116.39k
Mr. Peter G. Wiese (Age 47)
Exec. VP & CFO
Comp: $953.85k
Mr. John S. Fleshood (Age 59)
Exec. VP & COO
Comp: $894.33k
Mr. Craig B. Carney (Age 63)
Exec. VP & Chief Credit Officer of Tri Counties Bank
Comp: $735.23k
Mr. Daniel K. Bailey (Age 53)
Exec. VP & Chief Banking Officer
Comp: $731.29k
Mr. Craig S. Compton (Age 66)
Corp. Sec.
Comp: $116.69k
Mr. Jason Cove
Shareholder Relations
Dr. Gregory A. Gehlmann (Age 61)
Sr. VP & Gen. Counsel
Mr. Michael P. Murphy (Age 61)
VP and Marketing Director

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

TCBK Stock - Frequently Asked Questions

Should I buy or sell TriCo Bancshares stock right now?: 5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for TriCo Bancshares in the last year. There are currently 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" TCBK shares.
View TCBK analyst ratings or view top-rated stocks.
What is TriCo Bancshares' stock price forecast for 2022?: 5 brokerages have issued 1 year target prices for TriCo Bancshares' stock. Their TCBK share price forecasts range from $47.00 to $56.00. On average, they anticipate the company's share price to reach $49.60 in the next twelve months. This suggests a possible upside of 0.7% from the stock's current price.
View analysts price targets for TCBK or view top-rated stocks among Wall Street analysts.
How have TCBK shares performed in 2022?: TriCo Bancshares' stock was trading at $42.96 at the beginning of 2022. Since then, TCBK stock has increased by 14.6% and is now trading at $49.25.
View the best growth stocks for 2022 here.
When is TriCo Bancshares' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 25th 2022.
View our TCBK earnings forecast.
How were TriCo Bancshares' earnings last quarter?: TriCo Bancshares (NASDAQ:TCBK) announced its earnings results on Wednesday, July, 27th. The financial services provider reported $0.93 earnings per share for the quarter, missing the consensus estimate of $0.99 by $0.06. TriCo Bancshares had a net margin of 29.83% and a trailing twelve-month return on equity of 10.39%.
How often does TriCo Bancshares pay dividends? What is the dividend yield for TriCo Bancshares?: TriCo Bancshares declared a quarterly dividend on Friday, May 20th. Investors of record on Friday, June 10th will be given a dividend of $0.25 per share on Friday, June 24th. This represents a $1.00 dividend on an annualized basis and a yield of 2.03%. The ex-dividend date is Thursday, June 9th.
Read our dividend analysis for TCBK.
Is TriCo Bancshares a good dividend stock?: TriCo Bancshares (NASDAQ:TCBK) pays an annual dividend of $1.00 per share and currently has a dividend yield of 2.07%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 28.90%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TCBK will have a dividend payout ratio of 22.47% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TCBK.
What is Richard P. Smith's approval rating as TriCo Bancshares' CEO?: 45 employees have rated TriCo Bancshares Chief Executive Officer Richard P. Smith on Glassdoor.com. Richard P. Smith has an approval rating of 84% among the company's employees.

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).
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 many different institutional and retail investors. Top institutional shareholders include FMR LLC (8.81%), Franklin Resources Inc. (3.66%), Davis Capital Partners LLC (3.00%), Northern Trust Corp (1.31%), JPMorgan Chase & Co. (1.08%) and RMB Capital Management LLC (0.87%). Insiders that own company stock include Anthony L Leggio, Cory W Giese, Craig B Carney and Richard P Smith.
View institutional ownership trends.
How do I buy shares of TriCo Bancshares?: Shares of TCBK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is TriCo Bancshares' stock price today?: One share of TCBK stock can currently be purchased for approximately $49.25.
How much money does TriCo Bancshares make?: TriCo Bancshares (NASDAQ:TCBK) has a market capitalization of $1.64 billion and generates $340.71 million in revenue each year. The financial services provider earns $117.65 million in net income (profit) each year or $3.46 on an earnings per share basis.
How many employees does TriCo Bancshares have?: The company employs 1,094 workers across the globe.
When was TriCo Bancshares founded?: TriCo Bancshares was founded in 1974.
How can I contact TriCo Bancshares?: TriCo Bancshares' mailing address is 63 CONSTITUTION DRIVE, CHICO CA, 95973. The official website for the company is www.tcbk.com. The financial services provider can be reached via phone at (530) 898-0300, via email at clientservices@investordelivery.com, or via fax at 530-898-0310.

This page (NASDAQ:TCBK) was last updated on 8/15/2022 by MarketBeat.com Staff

30 Days of MarketBeat All Access for $1.00

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your Risk-Free Trial Subscription Here