Analysts Issue Forecasts for TCBK Q2 Earnings

TriCo Bancshares (NASDAQ:TCBK - Free Report) - Stock analysts at DA Davidson issued their Q2 2025 earnings per share estimates for shares of TriCo Bancshares in a research report issued to clients and investors on Friday, April 25th. DA Davidson analyst J. Rulis anticipates that the financial services provider will earn $0.84 per share for the quarter. The consensus estimate for TriCo Bancshares' current full-year earnings is $3.35 per share.

TCBK has been the subject of several other reports. Raymond James lowered their target price on TriCo Bancshares from $48.00 to $43.00 and set an "outperform" rating for the company in a report on Friday. Keefe, Bruyette & Woods cut their price target on shares of TriCo Bancshares from $53.00 to $50.00 and set a "market perform" rating on the stock in a report on Tuesday, January 28th. Four research analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Hold" and an average price target of $49.20.

TriCo Bancshares Price Performance

TriCo Bancshares stock opened at $38.51 on Monday. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.86 and a quick ratio of 0.86. The stock has a market cap of $1.27 billion, a price-to-earnings ratio of 11.13 and a beta of 0.53. The firm has a 50-day moving average of $39.95 and a two-hundred day moving average of $43.35. TriCo Bancshares has a 1 year low of $34.03 and a 1 year high of $51.06.

TriCo Bancshares (NASDAQ:TCBK - Get Free Report) last posted its quarterly earnings data on Thursday, April 24th. The financial services provider reported $0.80 earnings per share for the quarter, topping analysts' consensus estimates of $0.78 by $0.02. TriCo Bancshares had a net margin of 21.63% and a return on equity of 9.63%. The company had revenue of $98.62 million for the quarter, compared to analyst estimates of $99.59 million.

Institutional Trading of TriCo Bancshares

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. KBC Group NV purchased a new stake in TriCo Bancshares in the first quarter valued at $61,000. Golden State Wealth Management LLC boosted its stake in shares of TriCo Bancshares by 100.9% in the first quarter. Golden State Wealth Management LLC now owns 9,754 shares of the financial services provider's stock worth $390,000 after buying an additional 4,898 shares during the last quarter. Handelsbanken Fonder AB boosted its stake in shares of TriCo Bancshares by 26.0% in the first quarter. Handelsbanken Fonder AB now owns 6,300 shares of the financial services provider's stock worth $252,000 after buying an additional 1,300 shares during the last quarter. SG Americas Securities LLC grew its holdings in TriCo Bancshares by 21.4% during the first quarter. SG Americas Securities LLC now owns 14,310 shares of the financial services provider's stock worth $572,000 after acquiring an additional 2,527 shares during the period. Finally, Sweeney & Michel LLC purchased a new position in TriCo Bancshares during the first quarter valued at approximately $4,963,000. Institutional investors and hedge funds own 59.11% of the company's stock.

TriCo Bancshares Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 21st. Stockholders of record on Friday, March 7th were issued a $0.33 dividend. This represents a $1.32 annualized dividend and a dividend yield of 3.43%. The ex-dividend date was Friday, March 7th. TriCo Bancshares's dividend payout ratio (DPR) is currently 38.48%.

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.

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