Trico Bancshares (TCBK) AI Stock Analysis

• Market Cap: $1.70B
• Dividend Yield: 2.83%
• Average Volume (3M): 89.85K
• Price to Earnings (P/E): 14.0
• Beta (1Y): 0.84
• Revenue Growth: 0.93%
• EPS Growth: 5.65%
• Country: US
• Employees: 1,194
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 1.03
• Shares Outstanding: 32,511,646
• 10 Day Avg. Volume: 83,112
• 30 Day Avg. Volume: 89,849
• PEG Ratio: 1.76
• Price to Book (P/B): 1.16
• Price to Sales (P/S): 2.88
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 0.97
• Enterprise Value/Revenue: 3.07
• Enterprise Value/Gross Profit: 4.05
• Enterprise Value/Ebitda: 8.97
• 1Y Price Target: $55.75
• Price Target Upside: 6.82% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 4
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 81 Outperform
• Price Target: $58.00 ▲(11.13% Upside)

The score is driven primarily by strong financial performance (high profitability, rapid TTM revenue growth, solid cash generation, and low leverage). Technicals add support with a clear uptrend and positive momentum. Valuation is reasonable with a moderate P/E and a meaningful dividend, while corporate events are a net positive due to the buyback and steady dividends, tempered by some credit-quality pressure.

Positive Factors

Revenue Growth

High profit margins and consistent revenue growth indicate robust business expansion, supporting long-term financial health and market competitiveness.

Cash Generation

Strong cash flow growth enhances financial flexibility, enabling strategic investments and resilience against economic fluctuations.

Dividend Stability

Consistent dividend payments reflect financial stability and a commitment to shareholder returns, reinforcing investor confidence.

Negative Factors

Operational Efficiency

Challenges in operational efficiency and cash conversion could hinder profitability and limit the company's ability to optimize resource allocation.

Deposit Balance Decline

Declining deposit balances may impact the bank's ability to fund loans and maintain liquidity, posing a risk to future growth.

Profit Margin Pressure

Decreasing profit margins could indicate rising costs, which may affect long-term profitability and necessitate cost management strategies.

Trico Bancshares Business Overview & Revenue Model

Company 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.

How the Company Makes Money

Trico Bancshares generates revenue primarily through interest income from loans, which constitutes the largest segment of its earnings. The bank extends various types of loans, including commercial, consumer, and real estate loans, charging interest that contributes significantly to overall revenue. Additionally, the company earns non-interest income from service fees, account maintenance charges, and investment management services. Strategic partnerships with local businesses and community organizations enhance its customer base and drive deposits, which are crucial for funding loans and generating interest income. Moreover, asset management and investment services provide additional revenue streams, allowing the bank to diversify its income sources.

Trico Bancshares Financial Statement Overview

Summary

Strong fundamentals supported by high profitability (TTM net margin 31.1%), robust TTM revenue growth (+76%), and solid free-cash-flow conversion (FCF to net income 95.1%). Balance sheet leverage is conservative (debt-to-equity 0.066), though ROE has eased versus prior years and operating cash flow conversion is noted as weaker.

Income Statement

Trico Bancshares demonstrates strong profitability with a high gross profit margin of 76.2% and a net profit margin of 31.1% in the TTM. The company has shown consistent revenue growth, with a notable 76% increase in the TTM, indicating robust business expansion. EBIT and EBITDA margins are healthy, reflecting efficient operations. However, the slight decline in gross profit margin over the years suggests potential cost pressures.

Balance Sheet

The balance sheet is solid with a low debt-to-equity ratio of 0.066 in the TTM, indicating prudent financial leverage. The return on equity is reasonable at 9.3%, showcasing effective use of equity. The equity ratio is stable, reflecting a strong capital base. However, the decrease in ROE from previous years suggests a need for improved profitability.

Cash Flow

Cash flow metrics are strong, with a significant 15.7% growth in free cash flow in the TTM. The free cash flow to net income ratio is high at 95.1%, indicating efficient cash generation relative to earnings. However, the operating cash flow to net income ratio is low, suggesting potential challenges in converting earnings to cash.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	533.31M	523.97M	492.81M	412.05M	334.90M
Gross Profit	404.52M	382.13M	387.14M	384.05M	336.17M
EBITDA	182.72M	171.17M	179.75M	192.29M	180.98M
Net Income	121.56M	114.87M	117.39M	125.42M	117.66M
Balance Sheet
Total Assets	9.82B	9.67B	9.91B	9.93B	8.61B
Cash, Cash Equivalents and Short-Term Investments	1.89B	152.79M	2.25B	2.56B	2.98B
Total Debt	107.51M	216.24M	794.52M	442.55M	184.53M
Total Liabilities	8.49B	8.45B	8.75B	8.88B	7.61B
Stockholders Equity	1.33B	1.22B	1.16B	1.05B	1.00B
Cash Flow
Free Cash Flow	0.00	105.15M	134.00M	159.27M	129.01M
Operating Cash Flow	0.00	109.71M	138.89M	162.90M	132.21M
Investing Cash Flow	0.00	285.00M	28.57M	-723.22M	-883.81M
Financing Cash Flow	0.00	-348.45M	-175.98M	-100.86M	850.47M

Trico Bancshares Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 52.19
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TCBK, the sentiment is Positive. The current price of 52.19 is above the 20-day moving average (MA) of 49.58, above the 50-day MA of 48.89, and above the 200-day MA of 43.58, indicating a bullish trend. The MACD of 0.78 indicates Negative momentum. The RSI at 65.80 is Neutral, neither overbought nor oversold. The STOCH value of 81.01 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TCBK.

Trico Bancshares Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TCBK	81 Outperform	$1.70B	14.03	9.20%	2.83%	0.93%	5.65%
STBA	81 Outperform	$1.68B	12.47	9.35%	3.38%	-1.48%	-1.58%
NBHC	77 Outperform	$1.58B	14.51	9.06%	3.07%	-2.46%	-1.98%
GABC	75 Outperform	$1.66B	14.09	10.75%	2.89%	30.45%	3.13%
MBIN	72 Outperform	$1.96B	11.12	11.84%	1.19%	-2.45%	-28.20%
TFIN	68 Neutral	$1.61B	72.93	1.11%	―	2.04%	-64.17%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%

Trico Bancshares Corporate Events

TriCo Bancshares Announces Strong Q4 Earnings and Buyback

On January 22, 2026, TriCo Bancshares reported preliminary, unaudited fourth quarter 2025 results showing net income of $33.6 million, or $1.03 per diluted share, nearly flat versus the prior quarter but up 15.8% from a year earlier, driven by higher net interest income and a 10-basis-point improvement in net interest margin to 4.02%. Loan balances rose 6.0% on an annualized basis from the prior quarter and 5.1% year over year, while deposits declined modestly from the prior quarter but increased 2.2% from the prior year, with average non-interest-bearing deposits comprising 31% of total deposits and helping to reduce the average cost of deposits to 1.29%. Key profitability and efficiency metrics remained solid, including a 1.34% return on average assets, a 10.02% return on average equity and an improved efficiency ratio of 54.68%, even as the provision for credit losses increased to $3.0 million amid higher non-performing assets. Against this backdrop, and signaling confidence in its financial position and long-term strategy, the company announced a new share repurchase program, which, alongside steady dividend payments, underscores an ongoing commitment to returning capital to shareholders while managing growth and operating expenses as it enters 2026.

The most recent analyst rating on (TCBK) stock is a Buy with a $57.00 price target. To see the full list of analyst forecasts on Trico Bancshares stock, see the TCBK Stock Forecast page.

TriCo Bancshares Declares Quarterly Dividend Payment

On November 20, 2025, TriCo Bancshares declared a quarterly cash dividend of $0.36 per share, marking its 145th consecutive dividend payment. This announcement underscores the company’s continued financial stability and commitment to rewarding its shareholders, with the dividend payable on December 19, 2025, to shareholders of record as of December 5, 2025.

The most recent analyst rating on (TCBK) stock is a Buy with a $51.00 price target. To see the full list of analyst forecasts on Trico Bancshares stock, see the TCBK Stock Forecast page.

TriCo Bancshares Reports Strong Q3 2025 Earnings Growth

TriCo Bancshares, a financial institution based in Chico, California, reported a net income of $34.0 million for the third quarter of 2025, marking a significant increase from the previous quarter and the same period last year. The company’s financial performance was bolstered by an increase in net interest income and loan balances, despite a decrease in deposit balances. The management anticipates continued growth and positive operating leverage, with a focus on executing long-term strategies and maintaining a strong loan-to-deposit ratio, which is expected to drive future revenue and earnings growth.

The most recent analyst rating on (TCBK) stock is a Hold with a $46.00 price target. To see the full list of analyst forecasts on Trico Bancshares stock, see the TCBK Stock Forecast page.