TriCo Bancshares (NASDAQ:TCBK)

TriCo Bancshares TCBK

Financial Services - Banks - Regional - NASDAQ - US

Watchlist

$ 47.59

-0.042 %

$ 1.57 B

Market Cap

14.16

P/E

1. INTRINSIC VALUE

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.[ Read More ]

The intrinsic value of one TCBK stock under the base case scenario is HIDDEN Compared to the current market price of 47.6 USD, TriCo Bancshares is HIDDEN

TCBK Intrinsic Value
HIDDEN

SHOW

2. FUNDAMENTAL ANALYSIS

Price Chart TCBK

FINANCIALS

Annual
Quarterly

394 M REVENUE

Growth Rates

1Year -2.56%

3Years 8.41%

5Years 8.73%

7Years 9.53%

10Years 11.21%

161 M OPERATING INCOME

Growth Rates

1Year -12.27%

3Years 13.99%

5Years 8.66%

7Years 12.06%

10Years 13.39%

117 M NET INCOME

Growth Rates

1Year -6.40%

3Years 21.90%

5Years 11.43%

7Years 14.75%

10Years 15.66%

139 M OPERATING CASH FLOW

Growth Rates

1Year -14.74%

3Years 6.55%

5Years 8.81%

7Years 16.31%

10Years 12.95%

28.6 M INVESTING CASH FLOW

Growth Rates

1Year 103.95%

3Years 26.72%

5Years 17.09%

7Years 11.96%

10Years 7.67%

-176 M FINANCING CASH FLOW

Growth Rates

1Year -74.48%

3Years -5.10%

5Years -27.80%

7Years -16.35%

10Years -9.95%

97.4 M REVENUE

Growth Rates

1Year -2.56%

3Years 8.41%

5Years 8.73%

7Years 9.53%

10Years 11.21%

39.4 M OPERATING INCOME

Growth Rates

1Year -12.27%

3Years 13.99%

5Years 8.66%

7Years 12.06%

10Years 13.39%

29.1 M NET INCOME

Growth Rates

1Year -6.40%

3Years 21.90%

5Years 11.43%

7Years 14.75%

10Years 15.66%

29 M OPERATING CASH FLOW

Growth Rates

1Year -14.74%

3Years 6.55%

5Years 8.81%

7Years 16.31%

10Years 12.95%

89.5 M INVESTING CASH FLOW

Growth Rates

1Year 103.95%

3Years 26.72%

5Years 17.09%

7Years 11.96%

10Years 7.67%

-4.92 M FINANCING CASH FLOW

Growth Rates

1Year -74.48%

3Years -5.10%

5Years -27.80%

7Years -16.35%

10Years -9.95%

Balance Sheet Decomposition TriCo Bancshares

9.91 B ASSETS
8.75 B LIABILITIES

Current Assets	81.6 M
Cash & Short-Term Investments	98.7 M
Receivables	0
Other Current Assets	-17.1 M
Non-Current Assets	9.83 B
Long-Term Investments	17.7 M
PP&E	97.5 M
Other Non-Current Assets	9.71 B

Current Liabilities	0
Accounts Payable	8.44 M
Short-Term Debt	638 M
Other Current Liabilities	-647 M
Non-Current Liabilities	8.75 B
Long-Term Debt	129 M
Other Non-Current Liabilities	8.62 B

EFFICIENCY

Earnings Waterfall TriCo Bancshares

Revenue	394 M
Cost Of Revenue	0
Gross Profit	394 M
Operating Expenses	411 M
Operating Income	161 M
Other Expenses	43.5 M
Net Income	117 M

RATIOS

100.00% GROSS MARGIN

Averages

1Year 100.00%

3Years 100.00%

5Years 100.00%

7Years 100.00%

10Years 100.00%

40.84% OPERATING MARGIN

Averages

1Year 40.84%

3Years 45.63%

5Years 43.72%

7Years 43.00%

10Years 40.27%

29.79% NET MARGIN

Averages

1Year 29.79%

3Years 32.02%

5Years 29.43%

7Years 27.42%

10Years 25.32%

10.12% ROE

Averages

1Year 10.12%

3Years 11.29%

5Years 10.21%

7Years 9.62%

10Years 9.26%

1.18% ROA

Averages

1Year 1.18%

3Years 1.27%

5Years 1.22%

7Years 1.14%

10Years 1.07%

6.18% ROIC

Averages

1Year 6.18%

3Years 9.17%

5Years 9.52%

7Years 9.29%

10Years 9.00%

FREE CASH FLOW ANALYSIS

Free Cash Flow Analysis TriCo Bancshares

Net Income	117 M
Depreciation & Amortization	18.8 M
Capital Expenditures	-4.89 M
Stock-Based Compensation	4.12 M
Change in Working Capital	-9.92 M
Others	923 K
Free Cash Flow	134 M

3. WALL STREET ANALYSTS ESTIMATES

Wall Street Analysts Price Targets TriCo Bancshares

Wall Street analysts predict an average 1-year price target for TCBK of $52 , with forecasts ranging from a low of $50 to a high of $55 .

TCBK Lowest Price Target Wall Street Target

50 USD 5.06%

TCBK Average Price Target Wall Street Target

52 USD 9.27%

TCBK Highest Price Target Wall Street Target

55 USD 15.57%

4. DIVIDEND ANALYSIS

0.77% DIVIDEND YIELD

0.33 USD DIVIDEND PER SHARE

5. COMPETITION

First Northwest Bancorp operates as a bank holding company for First Fed Bank that provides commercial and consumer banking services to individuals, businesses, and nonprofit organizations in western Washington, the United States.

5.63 USD

FNWB

Overvalued 47.83%

Community West Bancshares operates as the bank holding company for Community West Bank, N.A. that provides various financial products and services in California.

26.3 USD

CWBC

Undervalued 28.52%

First Financial Northwest, Inc. operates as the bank holding company for First Financial Northwest Bank that provides commercial banking services in Washington.

0.673 USD

FFNW

Overvalued 96.96%

Great Southern Bancorp, Inc. operates as a bank holding company for Great Southern Bank that offers a range of financial services in the United States.

47.3 USD

GSBC

Overvalued 25.22%

Home Federal Bancorp, Inc. of Louisiana operates as the holding company for Home Federal Bank that provides various financial services to individuals, corporate entities, and other organizations.

9.74 USD

HFBL

Overvalued 20.62%

First Capital, Inc. operates as the bank holding company for First Harrison Bank that provides various banking services to individuals and business customers.

54.8 USD

FCAP

Undervalued 60.62%

Bank of Marin Bancorp operates as the holding company for Bank of Marin that provides a range of financial services primarily to small to medium-sized businesses, professionals, not-for-profit organizations, and individuals in California, the United States.

20.2 USD

BMRC

Overvalued 22.84%

First Financial Corporation, through its subsidiaries, provides various financial services. It offers non-interest-bearing demand, interest-bearing demand, savings, time, and other time deposits.

59.4 USD

THFF

Undervalued 20.83%

Virginia National Bankshares Corporation operates as the holding company for Virginia National Bank that provides a range of commercial banking services.

70.8 USD

VABK

Undervalued 67.70%

First Community Corporation operates as the bank holding company for First Community Bank which offers various commercial and retail banking products and services to small-to-medium sized businesses, professional concerns, and individuals.

21.2 USD

FCCO

Overvalued 12.55%

Oak Valley Bancorp operates as the bank holding company for Oak Valley Community Bank that provides a range of commercial banking services to individuals and small to medium-sized businesses in the Central Valley and the Eastern Sierras.

155 USD

OVLY

Undervalued 419.32%

Magyar Bancorp, Inc. operates as the holding company for Magyar Bank that provides various consumer and commercial banking services to individuals, businesses, and nonprofit organizations in New Jersey, the United States.

7.59 USD

MGYR

Overvalued 41.05%

Pathfinder Bancorp, Inc. operates as a holding company for Pathfinder Bank that provides various banking and financial products and services primarily in Oswego and Onondaga Counties, New York.

31.1 USD

PBHC

Undervalued 76.70%

Oconee Federal Financial Corp. operates as a holding company for Oconee Federal Savings and Loan Association that provides various banking products and services in the Oconee County area of northwestern South Carolina and the northeast area of Georgia.

42.2 USD

OFED

Undervalued 212.50%

6. Ownership

Insider Ownership TriCo Bancshares

Summary
Transactions

Sold

0-3 MONTHS

63.3 K USD 1

3-6 MONTHS

171 K USD 1

6-9 MONTHS

28.8 K USD 1

9-12 MONTHS

0 USD 0

Bought

0 USD 0

0-3 MONTHS

0 USD 0

3-6 MONTHS

0 USD 0

6-9 MONTHS

0 USD 0

9-12 MONTHS

Date	Value	Insider	Amount	Avg Price
2 months ago Aug 28, 2024	Sell 63.3 K USD	Koehnen Michael W Director	- 1400	45.2 USD
3 months ago Aug 16, 2024	Sell 21.5 K USD	Giese Cory W Director	- 500	43.09 USD
3 months ago Aug 16, 2024	Sell 149 K USD	Giese Cory W Director	- 3465	43.11 USD
6 months ago May 14, 2024	Sell 28.8 K USD	CARNEY CRAIG B EVP Chief Credit Officer	- 757	38 USD
1 year ago Jun 08, 2023	Sell 85.2 K USD	Giese Cory W Director	- 2241	38 USD
1 year ago Jun 08, 2023	Sell 68.1 K USD	Giese Cory W Director	- 1793	38 USD
1 year ago May 31, 2023	Bought 165 K USD	Koehnen Michael W Director	+ 5000	33 USD
2 years ago Sep 06, 2022	Bought 124 K USD	Leggio Anthony L. director:	+ 2700	45.7995 USD

7. News

Tri Counties Bank and FHLBank San Francisco Donate $200,000 to Black Homeownership CHICO, Calif.--(BUSINESS WIRE)---- $TCBK #BlackHomeownership--Tri Counties Bank announced today, in conjunction with the Federal Home Loan Bank of San Francisco (FHLBank San Francisco), a combined $200,000 donation to promote Black homeownership as part of the FHLBank San Francisco's Empowering Black Homeownership matching grant program. FHLBank San Francisco launched the matching grant program in 2022 to advance racial equity in homeownership and narrow the Black homeownership and wealth gaps. As a member financial institu. businesswire.com - 2 weeks ago

TriCo (TCBK) Q3 Earnings and Revenues Beat Estimates TriCo (TCBK) came out with quarterly earnings of $0.88 per share, beating the Zacks Consensus Estimate of $0.82 per share. This compares to earnings of $0.92 per share a year ago. zacks.com - 3 weeks ago

All You Need to Know About TriCo (TCBK) Rating Upgrade to Buy TriCo (TCBK) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy). zacks.com - 1 month ago

Tri Counties Bank and FHLBank San Francisco Award Over $2.2 Million in Grants Towards Affordable Housing CHICO, Calif.--(BUSINESS WIRE)---- $TCBK #AffordableHousing--Tri Counties Bank, in collaboration with FHLBank San Francisco, announces the award of affordable housing grants totaling more than $2.2 million. businesswire.com - 3 months ago

TriCo (TCBK) Q2 Earnings Surpass Estimates TriCo (TCBK) came out with quarterly earnings of $0.87 per share, beating the Zacks Consensus Estimate of $0.80 per share. This compares to earnings of $0.75 per share a year ago. zacks.com - 3 months ago

TriCo Bancshares Announces Quarterly Cash Dividend CHICO, Calif.--(BUSINESS WIRE)---- $TCBK #CommunityBank--The Board of Directors of TriCo Bancshares (NASDAQ: TCBK) (the “Company”), parent company of Tri Counties Bank, declared a quarterly cash dividend of $0.33 (thirty-three cents) per share on its common stock, no par value on May 23, 2024. The dividend is payable on June 21, 2024, to holders of record on June 7, 2024. This represents the Company's 139th consecutive quarterly cash dividend payment. Established in 1975, Tri Counties Bank is a wholly-owned subsidiary. businesswire.com - 5 months ago

Tri Counties Bank Grants $110,000 in Scholarships for California Graduating High School Seniors CHICO, Calif.--(BUSINESS WIRE)---- $TCBK #Community--Tri Counties Bank, in partnership with the Community Foundation of the North State, issued $110,000 in scholarships this May to graduating high school seniors throughout California. The scholarships ranged between $1,000 to $1,500 each, and were awarded to 80 students from 55 high schools in 24 counties. Tri Counties Bank provides two scholarship opportunities: an income-based scholarship for students with a Student Aid Index (SAI) of 0 or less and a minimum GPA. businesswire.com - 6 months ago

TriCo (TCBK) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates While the top- and bottom-line numbers for TriCo (TCBK) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values. zacks.com - 6 months ago

TriCo (TCBK) Q1 Earnings Top Estimates TriCo (TCBK) came out with quarterly earnings of $0.83 per share, beating the Zacks Consensus Estimate of $0.81 per share. This compares to earnings of $1.07 per share a year ago. zacks.com - 6 months ago

TriCo Bancshares Reports First Quarter 2024 Net Income of $27.7 Million, Diluted EPS of $0.83 CHICO, Calif.--(BUSINESS WIRE)---- $TCBK #CommunityBank--TriCo Bancshares (NASDAQ: TCBK): Executive Commentary: "The start of the second quarter of 2024 also represents the start of Tri Counties Bank's 50th year of operations. Thinking back to our humble beginnings, we have achieved great success through our consistent delivery of Service with Solutions® and we are thankful to be recognized as an industry leading Community Bank in California. Amidst a challenging operating and economic environment, our financial result. businesswire.com - 6 months ago

Earnings Preview: TriCo (TCBK) Q1 Earnings Expected to Decline TriCo (TCBK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. zacks.com - 7 months ago

Tri Counties Bank Celebrates 50th Anniversary by Helping Community College Students Achieve Their Dreams SACRAMENTO, Calif.--(BUSINESS WIRE)---- $tcbk #50thAnniversary--Tri Counties Bank, a leading community bank in California, kicked off its 50th Anniversary Celebration today with the launch of a year-long fundraising campaign to support the California Community Colleges Student Ambassador Program. In a press event at Sacramento City College, the bank launched the campaign with a $50,000 contribution and announced it will hold a variety of fundraising events and volunteer activities in partnership with the Foundation for C. businesswire.com - 8 months ago

8. Profile Summary

TriCo Bancshares TCBK

COUNTRY US

INDUSTRY Banks - Regional

MARKET CAP $ 1.57 B

Dividend Yield 0.77%

Description 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.

Contact 63 Constitution Drive, Chico, CA, 95973 https://www.tcbk.com

IPO Date April 20, 1993

Employees 1170

Officers Mr. Richard P. Smith Chairman, President & Chief Executive Officer Mark Davis Senior Vice President & Operations Officer Angela Rudd Senior Vice President & Chief Auditor Mr. John S. Fleshood Executive Vice President & Chief Operating Officer Mr. Daniel K. Bailey Executive Vice President & Chief Banking Officer Mr. Michael W. Koehnen Independent Vice Chairman of the Board & Corporate Secretary Mr. Jason Cove Shareholder Relations Ms. Judi A. Giem Senior Vice President & Chief Human Resources Officer Mr. Craig B. Carney Executive Vice President & Chief Credit Officer of Tri Counties Bank Dr. Gregory A. Gehlmann Senior Vice President & General Counsel

Price Chart TCBK

TriCo Bancshares TCBK

Premium Plan

Unlimited Plan