Research Analysts Offer Predictions for TCBK Q1 Earnings

TriCo Bancshares (NASDAQ:TCBK) – Equities research analysts at DA Davidson issued their Q1 2025 earnings estimates for shares of TriCo Bancshares in a report issued on Friday, January 24th. DA Davidson analyst J. Rulis anticipates that the financial services provider will post earnings per share of $0.82 for the quarter. DA Davidson currently has a “Neutral” rating and a $53.00 price target on the stock. The consensus estimate for TriCo Bancshares’ current full-year earnings is $3.38 per share.

Other analysts have also issued research reports about the company. Stephens cut their price objective on TriCo Bancshares from $52.00 to $50.00 and set an “overweight” rating on the stock in a research report on Tuesday, October 29th. Piper Sandler cut their price target on TriCo Bancshares from $53.00 to $50.00 and set an “overweight” rating on the stock in a report on Monday, October 28th. Four investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $50.25.

TriCo Bancshares Trading Up 1.6 %

NASDAQ TCBK opened at $44.39 on Monday. TriCo Bancshares has a one year low of $31.73 and a one year high of $51.06. The firm has a 50 day simple moving average of $45.40 and a 200-day simple moving average of $44.46. The firm has a market cap of $1.47 billion, a price-to-earnings ratio of 13.21 and a beta of 0.58. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.86 and a current ratio of 0.86.

TriCo Bancshares (NASDAQ:TCBK) last announced its earnings results on Thursday, January 23rd. The financial services provider reported $0.88 EPS for the quarter, beating analysts’ consensus estimates of $0.79 by $0.09. TriCo Bancshares had a return on equity of 9.45% and a net margin of 21.12%.

Institutional Investors Weigh In On TriCo Bancshares

A number of institutional investors and hedge funds have recently added to or reduced their stakes in TCBK. Point72 Asia Singapore Pte. Ltd. acquired a new position in TriCo Bancshares in the third quarter valued at $28,000. Point72 DIFC Ltd acquired a new position in shares of TriCo Bancshares in the third quarter valued at approximately $114,000. Quantbot Technologies LP purchased a new stake in shares of TriCo Bancshares during the third quarter worth approximately $129,000. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of TriCo Bancshares during the third quarter worth $210,000. Finally, Y Intercept Hong Kong Ltd purchased a new position in TriCo Bancshares in the 3rd quarter valued at $259,000. Hedge funds and other institutional investors own 59.11% of the company’s stock.

Insider Activity

In related news, Director Cory W. Giese sold 5,100 shares of the company’s stock in a transaction dated Wednesday, December 11th. The stock was sold at an average price of $49.47, for a total value of $252,297.00. Following the completion of the sale, the director now directly owns 6,128 shares of the company’s stock, valued at $303,152.16. This represents a 45.42 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 4.64% of the company’s stock.

TriCo Bancshares Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 20th. Stockholders of record on Friday, December 6th were given a dividend of $0.33 per share. The ex-dividend date was Friday, December 6th. This represents a $1.32 annualized dividend and a dividend yield of 2.97%. TriCo Bancshares’s dividend payout ratio is currently 39.29%.

TriCo Bancshares Company Profile

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; mortgage, auto, other vehicle, and personal loans; commercial loans, including agricultural loans; and real estate construction loans.