TriCo Bancshares Operating Margin vs. Current Valuation
| TCBK Stock | USD 48.34 0.54 1.10% |
TriCo Bancshares Operating Profit Margin |
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| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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| Net Profit Margin | 0.16 | 0.2979 |
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| Operating Profit Margin | 0.3 | 0.4084 |
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| Pretax Profit Margin | 0.26 | 0.4083 |
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| Return On Assets | 0.0113 | 0.0118 |
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| Return On Equity | 0.12 | 0.1012 |
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For TriCo Bancshares profitability analysis, we use financial ratios and fundamental drivers that measure the ability of TriCo Bancshares to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well TriCo Bancshares utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between TriCo Bancshares's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of TriCo Bancshares over time as well as its relative position and ranking within its peers.
TriCo |
TriCo Bancshares' Revenue Breakdown by Earning Segment
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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.
Please note, there is a significant difference between TriCo Bancshares' value and its price as these two are different measures arrived at by different 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.
TriCo Bancshares Current Valuation vs. Operating Margin Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining TriCo Bancshares's current stock value. Our valuation model uses many indicators to compare TriCo Bancshares value to that of its competitors to determine the firm's financial worth. TriCo Bancshares is rated fifth in operating margin category among its peers. It is currently regarded number one company in current valuation category among its peers reporting about 4,717,535,880 of Current Valuation per Operating Margin. At this time, TriCo Bancshares' Operating Profit Margin is quite stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value TriCo Bancshares by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.TriCo Current Valuation vs. Operating Margin
Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
TriCo Bancshares |
| = | 0.40 % |
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
TriCo Bancshares |
| = | 1.88 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
TriCo Current Valuation vs Competition
TriCo Bancshares is currently regarded number one company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Financials industry is at this time estimated at about 7.58 Billion. TriCo Bancshares totals roughly 1.88 Billion in current valuation claiming about 25% of equities under Financials industry.
TriCo Bancshares Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in TriCo Bancshares, profitability is also one of the essential criteria for including it into their portfolios because, without profit, TriCo Bancshares will eventually generate negative long term returns. The profitability progress is the general direction of TriCo Bancshares' change in net profit over the period of time. It can combine multiple indicators of TriCo Bancshares, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -153.2 M | -145.5 M | |
| Operating Income | 160.9 M | 169 M | |
| Income Before Tax | 160.9 M | 169 M | |
| Net Income | 117.4 M | 123.3 M | |
| Income Tax Expense | 43.5 M | 45.7 M | |
| Total Other Income Expense Net | -23 K | -24.1 K | |
| Net Income Applicable To Common Shares | 144.2 M | 151.4 M | |
| Net Income From Continuing Ops | 127.7 M | 78.8 M | |
| Net Interest Income | 367.7 M | 269.5 M | |
| Interest Income | 424.2 M | 285.1 M | |
| Change To Netincome | -6.9 M | -6.6 M | |
| Net Income Per Share | 3.52 | 3.70 | |
| Income Quality | 1.18 | 1.24 | |
| Net Income Per E B T | 0.73 | 0.50 |
TriCo Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on TriCo Bancshares. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of TriCo Bancshares position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the TriCo Bancshares' important profitability drivers and their relationship over time.
Use TriCo Bancshares in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if TriCo Bancshares position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in TriCo Bancshares will appreciate offsetting losses from the drop in the long position's value.TriCo Bancshares Pair Trading
TriCo Bancshares Pair Trading Analysis
The ability to find closely correlated positions to TriCo Bancshares could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TriCo Bancshares when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back TriCo Bancshares - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling TriCo Bancshares to buy it.
The correlation of TriCo Bancshares is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as TriCo Bancshares moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TriCo Bancshares moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for TriCo Bancshares can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your TriCo Bancshares position
In addition to having TriCo Bancshares in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Check out World Market Map. 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 Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
To fully project TriCo Bancshares' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of TriCo Bancshares at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include TriCo Bancshares' income statement, its balance sheet, and the statement of cash flows.