TCBK - TriCo Bancshares Stock Price, Fair Value and News

38.74USD+0.29 (+0.75%)Delayed

Market Summary

USD38.74+0.29

Delayed

0.75%

TCBK Stock Price

View Fullscreen

TCBK RSI Chart

TCBK Valuation

Market Cap

1.3B

Price/Earnings (Trailing)

11.76

Price/Sales (Trailing)

2.93

EV/EBITDA

2.4

Price/Free Cashflow

10.68

TCBK Price/Sales (Trailing)

TCBK Profitability

EBT Margin

34.13%

Return on Equity

9.4%

Return on Assets

1.11%

Free Cashflow Yield

9.36%

TCBK Fundamentals

TCBK Revenue

Revenue (TTM)

438.4M

Rev. Growth (Yr)

12.55%

Rev. Growth (Qtr)

3.14%

TCBK Earnings

Earnings (TTM)

109.3M

Earnings Growth (Yr)

-22.56%

Earnings Growth (Qtr)

6.42%

Breaking Down TCBK Revenue

Last 7 days

2.1%

Last 30 days

21.9%

Last 90 days

10.1%

Trailing 12 Months

12.9%

How does TCBK drawdown profile look like?

TCBK Financial Health

TCBK Investor Care

Dividend Yield

3.18%

Dividend/Share (TTM)

1.23

Buy Backs (1Y)

0.10%

Diluted EPS (TTM)

3.28

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	0	0	0	0
2023	389.2M	409.4M	425.4M	438.4M
2022	278.3M	296.8M	323.5M	355.5M
2021	268.6M	269.9M	274.1M	277.0M
2020	271.5M	270.5M	267.0M	267.2M
2019	248.6M	268.3M	272.6M	272.4M
2018	185.0M	188.5M	207.1M	228.2M
2017	174.4M	176.9M	179.1M	181.4M
2016	166.5M	169.2M	171.6M	173.7M
2015	131.7M	143.1M	155.3M	161.4M
2014	107.9M	110.6M	112.2M	121.1M
2013	107.4M	105.2M	105.2M	106.6M
2012	84.1M	87.6M	90.6M	108.7M
2011	103.1M	101.8M	99.0M	81.4M
2010	0	109.7M	107.2M	104.6M
2009	0	0	0	112.3M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of TriCo Bancshares

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 09, 2024	bailey daniel k	sold (taxes)	-59,184	34.49	-1,716	evp chief banking officer
Apr 09, 2024	carney craig b	acquired	-	-	2,936	evp chief credit officer
Apr 09, 2024	wiese peter g	acquired	-	-	4,336	evp chief financial officer
Apr 09, 2024	smith richard p	sold (taxes)	-178,417	34.49	-5,173	ceo & president
Apr 09, 2024	giem judi	acquired	-	-	988	chief human resources officer
Apr 09, 2024	fleshood john	sold (taxes)	-81,913	34.49	-2,375	evp chief operating officer
Apr 09, 2024	fleshood john	acquired	-	-	4,065	evp chief operating officer
Apr 09, 2024	smith richard p	acquired	-	-	-	ceo & president
Apr 09, 2024	bailey daniel k	acquired	-	-	-	evp chief banking officer
Apr 09, 2024	carney craig b	acquired	-	-	-	evp chief credit officer

Which funds bought or sold TCBK recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	SWEENEY & MICHEL, LLC	new	-	5,014,980	5,014,980	2.22%
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-5.09	-268,129	1,160,670	-%
May 16, 2024	Arete Wealth Advisors, LLC	reduced	-5.79	-1,390,320	5,790,140	0.54%
May 16, 2024	JANE STREET GROUP, LLC	reduced	-38.25	-256,240	287,288	-%
May 15, 2024	CITADEL ADVISORS LLC	added	246	402,779	608,047	-%
May 15, 2024	PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO	added	13.56	-425	14,786	-%
May 15, 2024	Royal Bank of Canada	reduced	-88.61	-4,007,000	433,000	-%
May 15, 2024	MORGAN STANLEY	added	0.39	-656,691	4,010,710	-%
May 15, 2024	D. E. Shaw & Co., Inc.	new	-	630,667	630,667	-%
May 15, 2024	AQR CAPITAL MANAGEMENT LLC	added	545	965,320	1,178,680	-%

Are Funds Buying or Selling TCBK?

Are funds buying TCBK calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own TCBK

No. of Funds

Unveiling TriCo Bancshares's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	5.27%	1,752,884	SC 13G
Feb 09, 2024	fmr llc	-	0	SC 13G/A
Jan 26, 2024	blackrock inc.	7.4%	2,477,374	SC 13G/A
Feb 09, 2023	fmr llc	-	0	SC 13G/A
Feb 01, 2023	blackrock inc.	6.8%	2,275,858	SC 13G/A
Feb 09, 2022	fmr llc	-	0	SC 13G/A
Feb 01, 2022	blackrock inc.	7.7%	2,302,574	SC 13G/A
Feb 08, 2021	fmr llc	-	0	SC 13G/A
Feb 01, 2021	blackrock inc.	7.1%	2,100,511	SC 13G/A
Feb 07, 2020	fmr llc	-	0	SC 13G/A

Recent SEC filings of TriCo Bancshares

View All Filings

Date Filed	Form Type	Document
May 14, 2024	4	Insider Trading
May 09, 2024	DEFA14A	DEFA14A
May 08, 2024	10-Q	Quarterly Report
Apr 25, 2024	8-K	Current Report
Apr 19, 2024	DEF 14A	DEF 14A
Apr 11, 2024	4	Insider Trading
Apr 11, 2024	4	Insider Trading
Apr 11, 2024	4	Insider Trading
Apr 11, 2024	4	Insider Trading
Apr 11, 2024	4	Insider Trading

Peers (Alternatives to TriCo Bancshares)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
JPM	588.1B	174.7B	13.73%	46.82%	11.68	3.37	53.11%	19.83%
BAC	307.4B	137.9B	11.58%	38.08%	12.28	2.23	56.12%	-12.56%
WFC	213.0B	85.8B	6.86%	51.95%	11.35	2.48	35.02%	26.14%
C	122.2B	125.0B	10.16%	38.13%	15.29	0.98	37.85%	-
CFG	16.9B	10.4B	12.51%	41.04%	11.81	1.62	26.22%	-33.87%
KEY	14.5B	8.1B	6.72%	53.23%	16.61	1.78	32.15%	-50.93%
MID-CAP
CMA	7.3B	4.2B	10.08%	41.38%	10.46	1.71	34.68%	-45.96%
ZION	6.6B	4.1B	14.23%	65.05%	10.55	1.63	32.93%	-30.73%
ABCB	3.5B	1.3B	13.35%	57.95%	12.32	2.65	30.60%	-12.99%
ASB	3.4B	2.0B	11.57%	43.03%	20.88	1.65	47.11%	-59.32%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
AROW	417.1M	173.1M	15.06%	27.00%	14.3	2.41	26.54%	-34.86%
ALRS	390.4M	152.4M	-0.90%	32.84%	39.27	2.56	16.94%	-73.84%
ACNB	295.5M	98.7M	10.19%	20.01%	10.04	2.99	6.27%	-22.90%
ASRV	48.0M	62.5M	8.95%	-1.75%	-16.24	0.77	18.83%	-145.18%

TriCo Bancshares News

Latest updates

TriCo Bancshares Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-100.0%	-	116	112	107	103	103	96.00	87.00	69.00	71.00	70.00	68.00	68.00	68.00	65.00	67.00	67.00	68.00	69.00	68.00	67.00
EBITDA Margin	-4.2%	1.15*	1.20*	1.29*	1.38*	1.47*	1.48*	1.50*	1.50*	1.52*	1.59*	1.58*	1.53*	-	-	-	-	-	-	-	-	-
Interest Expenses	-4.5%	83.00	87.00	88.00	89.00	93.00	99.00	94.00	85.00	68.00	70.00	68.00	67.00	66.00	66.00	63.00	65.00	63.00	64.00	65.00	64.00	64.00
Income Taxes	-3.6%	10.00	10.00	11.00	9.00	13.00	15.00	14.00	12.00	8.00	10.00	12.00	11.00	13.00	9.00	7.00	1.00	6.00	9.00	9.00	7.00	9.00
Earnings Before Taxes	3.6%	38.00	36.00	42.00	33.00	49.00	51.00	51.00	43.00	28.00	39.00	39.00	39.00	47.00	32.00	24.00	9.00	22.00	32.00	33.00	31.00	32.00
EBT Margin	-7.0%	0.34*	0.37*	0.41*	0.45*	0.50*	0.49*	0.50*	0.50*	0.52*	0.59*	0.57*	0.53*	-	-	-	-	-	-	-	-	-
Net Income	6.4%	28.00	26.00	31.00	25.00	36.00	36.00	37.00	31.00	20.00	28.00	27.00	28.00	34.00	24.00	18.00	7.00	16.00	23.00	23.00	23.00	23.00
Net Income Margin	-6.9%	0.25*	0.27*	0.30*	0.33*	0.36*	0.35*	0.36*	0.36*	0.38*	0.42*	0.41*	0.38*	-	-	-	-	-	-	-	-	-
Free Cashflow	-32.3%	24.00	36.00	46.00	15.00	38.00	54.00	35.00	36.00	34.00	31.00	40.00	17.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-1.0%	9,814	9,910	9,897	9,853	9,842	9,931	9,977	10,121	10,118	8,615	8,458	8,170	8,032	7,640	7,450	7,360	6,474	6,471	6,385	6,395	6,472
Cash Equivalents	-16.1%	83.00	99.00	111	119	110	107	247	489	1,036	768	740	640	610	670	653	706	185	277	259	176	319
Net PPE	-0.5%	71.00	71.00	72.00	73.00	72.00	72.00	73.00	74.00	74.00	79.00	79.00	79.00	82.00	84.00	85.00	85.00	86.00	87.00	87.00	89.00	89.00
Goodwill	0%	304	304	304	304	304	304	308	90.00	84.00	221	221	221	221	221	221	221	221	221	221	221	221
Liabilities	-1.1%	8,651	8,750	8,827	8,761	8,752	8,885	8,987	9,078	9,009	7,615	7,476	7,204	7,089	6,714	6,548	6,474	5,608	5,565	5,488	5,519	5,619
Shareholder's Equity	0.3%	1,163	1,160	1,070	1,093	1,090	1,046	990	1,042	1,109	1,000	982	967	943	925	902	886	866	894	897	876	853
Retained Earnings	2.5%	631	616	599	579	565	543	517	492	480	467	447	428	408	382	366	355	357	368	352	335	320
Shares Outstanding	-0.3%	33.00	33.00	33.00	33.00	33.00	33.00	33.00	33.00	34.00	30.00	30.00	30.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	1,400	-	-	-	1,410	-	-	-	1,213	-	-	-	893	-	-	-	1,004	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-31.3%	25,080	36,510	46,181	17,241	38,955	54,904	35,851	37,295	34,845	32,288	41,113	17,610	41,196	36,218	14,879	30,088	33,617	26,540	42,397	11,814	22,055
Share Based Compensation	11.9%	1,198	1,071	1,083	930	1,041	1,158	969	930	812	738	737	626	537	560	545	492	439	441	398	418	397
Cashflow From Investing	42.1%	59,988	42,202	-103,400	-25,487	115,252	-74,737	-175,777	-594,624	121,914	-130,882	-181,943	-110,425	-460,561	-176,386	-142,457	-360,084	-137,406	-75,993	93,607	-62,270	14,867
Cashflow From Financing	-10.8%	-100,933	-91,110	49,526	16,703	-151,102	-119,446	-102,433	10,514	110,503	126,779	241,326	123,033	359,336	157,137	74,308	850,382	12,748	66,913	-52,541	-92,668	54,253
Dividend Payments	9.9%	10,972	9,980	9,979	9,970	9,972	10,001	10,004	8,359	7,433	7,433	7,429	7,430	7,432	6,545	6,550	6,544	6,664	6,714	6,710	5,793	5,782
Buy Backs	2481.8%	3,408	132	34.00	1,479	7,595	332	4,258	22,530	-	669	1,114	2,551	10.00	1,522	242	8,009	17,147	-999	147	3,660	388

Get Full Access to Grufity – and Unlimited Downloads

Gain full access to fair value, watchlists, stock screener, unlimited page visits, and additional features by joining as a member today for just $1.99.

Try For Just $1.99

TCBK Income Statement

2024-03-31

Condensed Consolidated Statements of Income - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Interest and dividend income:
Loans, including fees	$ 96,485	$ 82,415
Investments:
Taxable securities	17,449	18,622
Tax exempt securities	917	1,307
Dividends	380	304
Interest bearing cash at Federal Reserve and other banks	186	259
Total interest and dividend income	115,417	102,907
Interest expense:
Deposits	23,529	5,145
Other borrowings	7,378	2,809
Junior subordinated debt	1,774	1,617
Total interest expense	32,681	9,571
Net interest income	82,736	93,336
Provision for credit losses	4,305	4,195
Net interest income after credit loss provision	78,431	89,141
Non-interest income:
Service charges and fees	12,637	11,197
Gain on sale of loans	261	206
Loss on sale of investment securities	0	(164)
Asset management and commission income	1,128	934
Increase in cash value of life insurance	803	802
Other	942	660
Total non-interest income	15,771	13,635
Non-interest expense:
Salaries and related benefits	34,304	32,563
Other	22,200	21,231
Total non-interest expense	56,504	53,794
Income before provision for income taxes	37,698	48,982
Provision for income taxes	9,949	13,149
Net income	$ 27,749	$ 35,833
Per share data:
Basic earnings per share (in USD per share)	$ 0.83	$ 1.08
Diluted earnings per share (in USD per share)	0.83	1.07
Dividend per share (in USD per share)	$ 0.33	$ 0.30

TCBK Balance Sheet

2024-03-31

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Assets:
Cash and due from banks	$ 73,322	$ 81,626
Cash at Federal Reserve and other banks	9,514	17,075
Cash and cash equivalents	82,836	98,701
Investment securities:
Marketable equity securities	2,606	2,634
Available for sale debt securities, at fair value (amortized cost of $2,321,608 and $2,384,325)	2,073,888	2,152,504
Held to maturity debt securities, at amortized cost, net of allowance for credit losses of $0	127,811	133,494
Restricted equity securities	17,250	17,250
Loans held for sale	1,346	458
Loans	6,800,695	6,794,470
Allowance for credit losses	(124,394)	(121,522)
Total loans, net	6,676,301	6,672,948
Premises and equipment, net	71,001	71,347
Cash value of life insurance	137,695	136,892
Accrued interest receivable	35,783	36,768
Goodwill	304,442	304,442
Other intangible assets, net	9,522	10,552
Operating leases, right-of-use	26,240	26,133
Other assets	247,046	245,966
Total assets	9,813,767	9,910,089
Deposits:
Noninterest-bearing demand	2,600,448	2,722,689
Interest-bearing	5,387,210	5,111,349
Total deposits	7,987,658	7,834,038
Accrued interest payable	10,224	8,445
Operating lease liability	28,299	28,261
Other liabilities	131,006	145,982
Other borrowings	392,409	632,582
Junior subordinated debt	101,120	101,099
Total liabilities	8,650,716	8,750,407
Commitments and contingencies (Note 9)
Shareholders’ equity:
Preferred stock, no par value: 1,000,000 shares authorized, zero issued and outstanding at March 31, 2024 and December 31, 2023	0	0
Common stock, no par value: 50,000,000 shares authorized; 33,168,770 and 33,268,102 issued and outstanding at March 31, 2024 and December 31, 2023, respectively	696,464	697,349
Retained earnings	630,954	615,502
Accumulated other comprehensive loss, net of tax	(164,367)	(153,169)
Total shareholders’ equity	1,163,051	1,159,682
Total liabilities and shareholders’ equity	$ 9,813,767	$ 9,910,089

About TriCo Bancshares

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. The company was founded in 1975 and is headquartered in Chico, California.

CEO	Mr. Richard P. Smith
WEBSITE	tcbk.com
INDUSTRY	Banks Diversified
EMPLOYEES	1210

TriCo Bancshares Frequently Asked Questions

What is the ticker symbol for TriCo Bancshares? What does TCBK stand for in stocks?

TCBK is the stock ticker symbol of TriCo Bancshares. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of TriCo Bancshares (TCBK)?

As of Fri May 17 2024, market cap of TriCo Bancshares is 1.29 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of TCBK stock?

You can check TCBK's fair value in chart for subscribers.

What is the fair value of TCBK stock?

You can check TCBK's fair value in chart for subscribers. The fair value of TriCo Bancshares is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of TriCo Bancshares is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for TCBK so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is TriCo Bancshares a good stock to buy?

The fair value guage provides a quick view whether TCBK is over valued or under valued. Whether TriCo Bancshares is cheap or expensive depends on the assumptions which impact TriCo Bancshares's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for TCBK.

What is TriCo Bancshares's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, TCBK's PE ratio (Price to Earnings) is 11.76 and Price to Sales (PS) ratio is 2.93. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. TCBK PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on TriCo Bancshares's stock?

In the past 10 years, TriCo Bancshares has provided 0.073 (multiply by 100 for percentage) rate of return.