Is TriCo Bancshares Stock a Good Investment?
TriCo Bancshares Investment Advice | TCBK |
- Examine TriCo Bancshares' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research TriCo Bancshares' leadership team and their track record. Good management can help TriCo Bancshares navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Regional Banks space and any emerging trends that could impact TriCo Bancshares' business and its evolving consumer preferences.
- Compare TriCo Bancshares' performance and market position to its competitors. Analyze how TriCo Bancshares is positioned in terms of product offerings, innovation, and market share.
- Check if TriCo Bancshares pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about TriCo Bancshares' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in TriCo Bancshares stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if TriCo Bancshares is a good investment.
Sell | Buy |
Hold
Market Performance | Modest | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine TriCo Bancshares Stock
Researching TriCo Bancshares' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 64.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.3. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. TriCo Bancshares has Price/Earnings To Growth (PEG) ratio of 1.91. The entity last dividend was issued on the 6th of September 2024. The firm had 2:1 split on the 3rd of May 2004.
To determine if TriCo Bancshares is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding TriCo Bancshares' research are outlined below:
| About 64.0% of the company shares are owned by institutional investors | |
| Latest headline from thelincolnianonline.com: Curi RMB Capital LLC Buys 5,314 Shares of TriCo Bancshares |
TriCo Bancshares Quarterly Liabilities And Stockholders Equity |
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TriCo Bancshares uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in TriCo Bancshares. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to TriCo Bancshares' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 24th of April 2024 Upcoming Quarterly Report | View | |
| 24th of July 2024 Next Financial Report | View | |
| 31st of March 2024 Next Fiscal Quarter End | View | |
| 23rd of January 2025 Next Fiscal Year End | View | |
| 31st of December 2023 Last Quarter Report | View | |
| 31st of December 2023 Last Financial Announcement | View |
Earnings surprises can significantly impact TriCo Bancshares' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises TriCo Bancshares' investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2000-01-20 | 1999-12-31 | 0.19 | 0.21 | 0.02 | 10 | ||
1999-10-14 | 1999-09-30 | 0.18 | 0.2 | 0.02 | 11 | ||
1999-07-15 | 1999-06-30 | 0.17 | 0.19 | 0.02 | 11 | ||
1998-10-15 | 1998-09-30 | 0.14 | 0.16 | 0.02 | 14 | ||
1998-07-20 | 1998-06-30 | 0.13 | 0.15 | 0.02 | 15 | ||
2012-04-30 | 2012-03-31 | 0.28 | 0.25 | -0.03 | 10 | ||
2010-07-29 | 2010-06-30 | 0.11 | 0.08 | -0.03 | 27 | ||
2010-04-27 | 2010-03-31 | 0.13 | 0.1 | -0.03 | 23 |
Know TriCo Bancshares' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as TriCo Bancshares is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading TriCo Bancshares backward and forwards among themselves. TriCo Bancshares' institutional investor refers to the entity that pools money to purchase TriCo Bancshares' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Manufacturers Life Insurance Co | 2024-09-30 | 466.4 K | Northern Trust Corp | 2024-09-30 | 426.7 K | Jpmorgan Chase & Co | 2024-06-30 | 420.6 K | Curi Rmb Capital | 2024-09-30 | 346.8 K | Charles Schwab Investment Management Inc | 2024-09-30 | 321.2 K | Schroder Investment Management Group | 2024-06-30 | 284.9 K | Heartland Advisors Inc | 2024-09-30 | 250 K | Renaissance Technologies Corp | 2024-09-30 | 228.5 K | Crawford Investment Counsel, Inc | 2024-09-30 | 185.8 K | Fmr Inc | 2024-09-30 | 2.4 M | Blackrock Inc | 2024-06-30 | 2.4 M |
TriCo Bancshares' market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.62 B.Market Cap |
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TriCo Bancshares' profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.01 | 0.01 | |
| Return On Capital Employed | 0.02 | 0.02 | |
| Return On Assets | 0.01 | 0.01 | |
| Return On Equity | 0.10 | 0.12 |
Determining TriCo Bancshares' profitability involves analyzing its financial statements and using various financial metrics to determine if TriCo Bancshares is a good buy. For example, gross profit margin measures TriCo Bancshares' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of TriCo Bancshares' profitability and make more informed investment decisions.
Evaluate TriCo Bancshares' management efficiency
TriCo Bancshares has return on total asset (ROA) of 0.0114 % which means that it generated a profit of $0.0114 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0969 %, meaning that it created $0.0969 on every $100 dollars invested by stockholders. TriCo Bancshares' management efficiency ratios could be used to measure how well TriCo Bancshares manages its routine affairs as well as how well it operates its assets and liabilities. At this time, TriCo Bancshares' Return On Capital Employed is quite stable compared to the past year. Return On Equity is expected to rise to 0.12 this year, although the value of Return On Tangible Assets will most likely fall to 0.01. Total Current Liabilities is expected to rise to about 5.4 B this year. Liabilities And Stockholders Equity is expected to rise to about 10.4 B this year| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 34.77 | 36.51 | |
| Tangible Book Value Per Share | 25.33 | 26.59 | |
| Enterprise Value Over EBITDA | 11.66 | 12.25 | |
| Price Book Value Ratio | 1.24 | 1.71 | |
| Enterprise Value Multiple | 11.66 | 12.25 | |
| Price Fair Value | 1.24 | 1.71 | |
| Enterprise Value | 1.9 B | 2 B |
TriCo Bancshares' management has consistently demonstrated strong leadership, driving both financial growth and operational excellence. By analyzing current market trends and future growth opportunities, we assess the stock's true value and potential for investors.
Dividend Yield 0.027 | Forward Dividend Yield 0.027 | Forward Dividend Rate 1.32 | Beta 0.549 |
Basic technical analysis of TriCo Stock
As of the 26th of November, TriCo Bancshares has the Risk Adjusted Performance of 0.0816, coefficient of variation of 1026.88, and Semi Deviation of 1.88. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of TriCo Bancshares, as well as the relationship between them.TriCo Bancshares' insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific TriCo Bancshares insiders, such as employees or executives, is commonly permitted as long as it does not rely on TriCo Bancshares' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases TriCo Bancshares insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
TriCo Bancshares' Outstanding Corporate Bonds
TriCo Bancshares issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. TriCo Bancshares uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most TriCo bonds can be classified according to their maturity, which is the date when TriCo Bancshares has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Understand TriCo Bancshares' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing TriCo Bancshares' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0816 | |||
| Market Risk Adjusted Performance | 0.109 | |||
| Mean Deviation | 1.61 | |||
| Semi Deviation | 1.88 | |||
| Downside Deviation | 2.04 | |||
| Coefficient Of Variation | 1026.88 | |||
| Standard Deviation | 2.52 | |||
| Variance | 6.37 | |||
| Information Ratio | 0.0456 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | 0.0563 | |||
| Treynor Ratio | 0.099 | |||
| Maximum Drawdown | 18.17 | |||
| Value At Risk | (3.55) | |||
| Potential Upside | 3.98 | |||
| Downside Variance | 4.18 | |||
| Semi Variance | 3.53 | |||
| Expected Short fall | (1.76) | |||
| Skewness | 1.92 | |||
| Kurtosis | 9.6 |
| Risk Adjusted Performance | 0.0816 | |||
| Market Risk Adjusted Performance | 0.109 | |||
| Mean Deviation | 1.61 | |||
| Semi Deviation | 1.88 | |||
| Downside Deviation | 2.04 | |||
| Coefficient Of Variation | 1026.88 | |||
| Standard Deviation | 2.52 | |||
| Variance | 6.37 | |||
| Information Ratio | 0.0456 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | 0.0563 | |||
| Treynor Ratio | 0.099 | |||
| Maximum Drawdown | 18.17 | |||
| Value At Risk | (3.55) | |||
| Potential Upside | 3.98 | |||
| Downside Variance | 4.18 | |||
| Semi Variance | 3.53 | |||
| Expected Short fall | (1.76) | |||
| Skewness | 1.92 | |||
| Kurtosis | 9.6 |
Consider TriCo Bancshares' intraday indicators
TriCo Bancshares intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of TriCo Bancshares stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 5603.36 | |||
| Daily Balance Of Power | 0.4214 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 50.27 | |||
| Day Typical Price | 50.05 | |||
| Price Action Indicator | (0.31) | |||
| Period Momentum Indicator | 0.67 |
TriCo Bancshares Corporate Filings
13A | 12th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
10Q | 7th of November 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
8K | 24th of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 23rd of October 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
TriCo Stock media impact
Far too much social signal, news, headlines, and media speculation about TriCo Bancshares that are available to investors today. That information is available publicly through TriCo media outlets and privately through word of mouth or via TriCo internal channels. However, regardless of the origin, that massive amount of TriCo data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of TriCo Bancshares news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of TriCo Bancshares relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to TriCo Bancshares' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive TriCo Bancshares alpha.
TriCo Bancshares Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards TriCo Bancshares can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
TriCo Bancshares Corporate Management
| Craig Carney | Chief Credit Officer of Tri Counties Bank and Executive VP of Tri Counties Bank | Profile | |
| Scott Robertson | Senior Bank | Profile | |
| Michael Murphy | VP Director | Profile | |
| Michael Koehnen | Independent Secretary | Profile | |
| Judi Giem | Senior Officer | Profile |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TriCo Bancshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. For more information on how to buy TriCo Stock please use our How to buy in TriCo Stock guide.You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of TriCo Bancshares. If investors know TriCo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about TriCo Bancshares listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.04) | Dividend Share 1.29 | Earnings Share 3.36 | Revenue Per Share 11.678 | Quarterly Revenue Growth (0.01) |
The market value of TriCo Bancshares is measured differently than its book value, which is the value of TriCo that is recorded on the company's balance sheet. Investors also form their own opinion of TriCo Bancshares' value that differs from its market value or its book value, called intrinsic value, which is TriCo Bancshares' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because TriCo Bancshares' market value can be influenced by many factors that don't directly affect TriCo Bancshares' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between TriCo Bancshares' value and its price, as these two are different measures arrived at by various means. Investors typically determine if TriCo Bancshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TriCo Bancshares' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.