TriCo Bancshares

Company Profile

TriCo Bancshares had its IPO on 1993-04-20 under the ticker symbol TCBK.

The company operates in the Financial Services sector and Banks-Regional industry. TriCo Bancshares has a staff strength of 1,210 employees.

Stock update

Shares of TriCo Bancshares opened at $32.15 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $32.15 - $32.73, and closed at $32.6.

This is a +1.34% increase from the previous day's closing price.

A total volume of 71,012 shares were traded at the close of the day’s session.

In the last one week, shares of TriCo Bancshares have slipped by -5.84%.

TriCo Bancshares's Key Ratios

TriCo Bancshares has a market cap of $1.07 billion, indicating a price to book ratio of 1.7136 and a price to sales ratio of 4.432.

In the last 12-months TriCo Bancshares’s revenue was $413.62 million with a gross profit of $391.31 million and an EBITDA of $0. The EBITDA ratio measures TriCo Bancshares's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, TriCo Bancshares’s operating margin was 44.65% while its return on assets stood at 1.35% with a return of equity of 12.59%.

In Q2, TriCo Bancshares’s quarterly earnings growth was a negative -19.4% while revenue growth was a negative 4.7%.

TriCo Bancshares’s PE and PEG Ratio

Forward PE

10.7875

Trailing PE

7.9826

PEG

1.91

Its diluted EPS in the last 12-months stands at $4.03 per share while it has a forward price to earnings multiple of 10.7875 and a PEG multiple of 1.91. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into TriCo Bancshares’s profitability.

TriCo Bancshares stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 4.432.

TriCo Bancshares stock pays annual dividends of $1.2 per share, indicating a yield of 3.73% and a payout ratio of 29.78%.

Balance sheet and cash flow metrics

Total Assets

$9.85 billion

Total Liabilities

$3.66 million

Operating Cash Flow

$-25487000.00

Capital Expenditure

$2.03 million

Dividend Payout Ratio

29.78%

TriCo Bancshares ended 2024 with $9.85 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $9.85 billion while shareholder equity stood at $1.09 billion.

TriCo Bancshares ended 2024 with $0 in deferred long-term liabilities, $3.66 million in other current liabilities, 695305000.00 in common stock, $578.85 million in retained earnings and $304.44 million in goodwill. Its cash balance stood at $118.79 million and cash and short-term investments were $2.44 billion. The company’s total short-term debt was $0 while long-term debt stood at $493.78 million.

TriCo Bancshares’s total current assets stands at $2.47 billion while long-term investments were $2.47 billion and short-term investments were $2.32 billion. Its net receivables were $41.42 million compared to accounts payable of $3.66 million and inventory worth $0.

In 2024, TriCo Bancshares's operating cash flow was $-25487000.00 while its capital expenditure stood at $2.03 million.

Comparatively, TriCo Bancshares paid $0.30 in dividends in 2024.

Other key metrics

Current Trading Price

$32.6

52-Week High

$56.9173

52-Week Low

$28.1825

Analyst Target Price

$43.83

TriCo Bancshares stock is currently trading at $32.6 per share. It touched a 52-week high of $56.9173 and a 52-week low of $56.9173. Analysts tracking the stock have a 12-month average target price of $43.83.

Its 50-day moving average was $35.52 and 200-day moving average was $40.86 The short ratio stood at 6.8 indicating a short percent outstanding of 0%.

Around 507.4% of the company’s stock are held by insiders while 6345.3% are held by institutions.