Q2 Earnings Estimate for TCBK Issued By DA Davidson

TriCo Bancshares (NASDAQ:TCBK) – Equities researchers at DA Davidson issued their Q2 2025 EPS estimates for TriCo Bancshares in a note issued to investors on Friday, April 25th. DA Davidson analyst J. Rulis expects that the financial services provider will post earnings per share of $0.84 for the quarter. The consensus estimate for TriCo Bancshares’ current full-year earnings is $3.35 per share.

Other equities research analysts have also recently issued research reports about the stock. Raymond James lowered their target price on shares of TriCo Bancshares from $48.00 to $43.00 and set an “outperform” rating on the stock in a research note on Friday. Keefe, Bruyette & Woods decreased 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 research note on Tuesday, January 28th. Four analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $49.20.

TriCo Bancshares Stock Performance

Shares of NASDAQ:TCBK opened at $38.51 on Monday. The business’s 50 day moving average price is $39.95 and its 200-day moving average price is $43.35. TriCo Bancshares has a 1 year low of $34.03 and a 1 year high of $51.06. 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 firm has a market capitalization of $1.27 billion, a PE ratio of 11.13 and a beta of 0.53.

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

TriCo Bancshares Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 21st. Stockholders of record on Friday, March 7th were issued a dividend of $0.33 per share. The ex-dividend date of this dividend was Friday, March 7th. This represents a $1.32 annualized dividend and a dividend yield of 3.43%. TriCo Bancshares’s dividend payout ratio is presently 38.48%.

Institutional Investors Weigh In On TriCo Bancshares

Hedge funds have recently modified their holdings of the company. Sterling Capital Management LLC grew its stake in shares of TriCo Bancshares by 800.0% in the 4th quarter. Sterling Capital Management LLC now owns 1,008 shares of the financial services provider’s stock valued at $44,000 after buying an additional 896 shares during the period. KBC Group NV acquired a new position in TriCo Bancshares in the first quarter valued at approximately $61,000. Aquatic Capital Management LLC grew its position in TriCo Bancshares by 129.5% in the fourth quarter. Aquatic Capital Management LLC now owns 2,295 shares of the financial services provider’s stock worth $100,000 after acquiring an additional 1,295 shares during the period. Public Employees Retirement System of Ohio increased its stake in TriCo Bancshares by 591.1% during the fourth quarter. Public Employees Retirement System of Ohio now owns 2,951 shares of the financial services provider’s stock worth $129,000 after acquiring an additional 2,524 shares during the last quarter. Finally, Summit Investment Advisors Inc. raised its position in TriCo Bancshares by 8.4% in the fourth quarter. Summit Investment Advisors Inc. now owns 3,347 shares of the financial services provider’s stock valued at $146,000 after purchasing an additional 258 shares during the period. Hedge funds and other institutional investors own 59.11% of the company’s stock.

About TriCo Bancshares

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.