Trico Bancshares (TCBK) AI Stock Analysis

• Market Cap: $1.40B
• Dividend Yield: 3.21%
• Average Volume (3M): 81.21K
• Price to Earnings (P/E): 12.7
• Beta (1Y): 0.94
• Revenue Growth: 1.15%
• EPS Growth: -0.39%
• Country: US
• Employees: 1,194
• Sector: Financial
• Sector Strength: 71
• Industry: Banks - Regional
• EPS (TTM): 0.84
• Shares Outstanding: 32,558,975
• 10 Day Avg. Volume: 78,727
• 30 Day Avg. Volume: 81,206
• PEG Ratio: -8.89
• Price to Book (P/B): 1.18
• Price to Sales (P/S): 2.76
• P/FCF Ratio: 13.75
• Enterprise Value/Market Cap: 0.83
• Enterprise Value/Revenue: 2.22
• Enterprise Value/Gross Profit: 3.04
• Enterprise Value/Ebitda: 6.91
• 1Y Price Target: $48.25
• Price Target Upside: 12.47% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 5

• Rating: 70 Outperform
• Price Target: $47.00 ▲(9.56% Upside)

Trico Bancshares demonstrates solid financial performance with strong profitability and efficient operations. The stock's technical indicators suggest a positive trend, though caution is advised due to potential overbought conditions. Valuation metrics are favorable, and recent corporate events highlight financial stability and shareholder value. However, attention should be given to managing liabilities and sustaining revenue growth.

Positive Factors

Performance

The shares deserve a premium valuation based on premium performance.

Valuation

The stock trades at a premium due to superior profitability metrics and clean credit history.

Negative Factors

Growth

Loan and NII growth projections for TCBK are below median projections and significantly lower than high growth peers.

M&A Activity

A return to M&A deals could serve as an overhang, as TCBK stock has historically underperformed following deal announcements.

Market Positioning

TCBK is not a meaningful positive outlier in rate sensitivity or growth profile compared to peers.

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 and interest-earning assets, which include commercial loans, consumer loans, and mortgages. The company also earns non-interest income from various services, including fees from deposit accounts, wealth management services, and transaction-related fees. A significant portion of its earnings comes from the interest rate spread, which is the difference between the interest earned on loans and the interest paid on deposits. Additionally, partnerships with local businesses and community organizations enhance its customer base and contribute to its overall revenue. The company's focus on community banking allows it to build strong relationships with clients, further driving its revenue through customer loyalty and repeat business.

Trico Bancshares Financial Statement Overview

Summary

Trico Bancshares is financially sound with strong profitability and efficient operations. The company maintains solid margins and cash flow performance. However, revenue growth has decelerated, and high liabilities require careful management to prevent potential risks.

Income Statement

Trico Bancshares shows stable gross and net profit margins, with a modest revenue growth trajectory. The EBIT and EBITDA margins are healthy, reflecting operational efficiency. However, recent revenue growth has slowed, which could be a concern if it continues.

Balance Sheet

The company's balance sheet is strong, with a low debt-to-equity ratio and decent equity ratio. Return on equity is reasonable, indicating effective use of shareholder funds. However, the relatively high total liabilities may pose risks if not monitored.

Cash Flow

Cash flow generation is robust, with healthy operating cash flow and free cash flow. The free cash flow growth rate is impressive, and the operating cash flow to net income ratio suggests strong cash earnings quality. However, fluctuations in investing and financing cash flows could impact future cash stability.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	522.70M	523.97M	492.81M	412.05M	333.72M	317.18M
Gross Profit	382.59M	382.13M	387.14M	384.05M	336.17M	264.91M
EBITDA	168.25M	171.17M	179.75M	192.29M	180.98M	104.99M
Net Income	113.48M	114.87M	117.39M	125.42M	117.66M	64.81M
Balance Sheet
Total Assets	9.82B	9.67B	9.91B	9.93B	8.61B	7.64B
Cash, Cash Equivalents and Short-Term Investments	2.16B	152.79M	2.25B	2.56B	2.98B	2.08B
Total Debt	217.59M	216.24M	794.52M	442.55M	184.53M	139.44M
Total Liabilities	8.56B	8.45B	8.75B	8.88B	7.61B	6.71B
Stockholders Equity	1.26B	1.22B	1.16B	1.05B	1.00B	925.11M
Cash Flow
Free Cash Flow	103.92M	105.15M	134.00M	159.27M	129.01M	111.99M
Operating Cash Flow	109.14M	109.71M	138.89M	162.90M	132.21M	114.80M
Investing Cash Flow	259.63M	285.00M	28.57M	-723.22M	-883.81M	-816.33M
Financing Cash Flow	-142.65M	-348.45M	-175.98M	-100.86M	850.47M	1.09B

Trico Bancshares Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 42.90
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TCBK, the sentiment is Neutral. The current price of 42.9 is above the 20-day moving average (MA) of 41.76, above the 50-day MA of 41.17, and above the 200-day MA of 41.95, indicating a neutral trend. The MACD of -0.13 indicates Positive momentum. The RSI at 47.48 is Neutral, neither overbought nor oversold. The STOCH value of 32.16 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TCBK.

Trico Bancshares Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
STBA	78 Outperform	$1.45B	11.13	9.47%	3.57%	-0.57%	-3.92%
VBTX	76 Outperform	$1.74B	15.08	7.25%	2.64%	-1.28%	32.40%
WABC	75 Outperform	$1.26B	10.34	14.60%	3.64%	-10.55%	-16.51%
TCBK	70 Outperform	$1.40B	12.68	9.17%	3.21%	1.15%	-0.39%
Sector *	68 Neutral	$17.46B	11.65	10.44%	3.86%	10.36%	1.15%
HOPE	65 Neutral	$1.33B	29.17	1.92%	5.39%	-12.55%	-59.97%
TFIN	61 Neutral	$1.29B	123.85	1.52%	―	2.02%	-60.54%

Trico Bancshares Corporate Events

TriCo Bancshares Reports Strong Q2 2025 Earnings

TriCo Bancshares, a financial institution based in Chico, California, reported a net income of $27.5 million for the second quarter of 2025, with a diluted EPS of $0.84, marking an increase from the previous quarter. The company experienced growth in loan and deposit balances, which contributed to a rise in net interest income and a stable net interest margin. The executive team highlighted the company’s strong credit quality and efficiency improvements, anticipating continued financial growth through the remainder of the year.

The most recent analyst rating on (TCBK) stock is a Hold with a $53.00 price target. To see the full list of analyst forecasts on Trico Bancshares stock, see the TCBK Stock Forecast page.

TriCo Bancshares Elects New Board Leadership

On May 22, 2025, TriCo Bancshares held its annual meeting of shareholders, where 84.56% of the total outstanding shares were represented. During the meeting, all 11 nominees were elected to the Board of Directors, executive compensation was approved on a nonbinding basis, and Moss Adams LLP was ratified as the principal independent auditor for 2025. Following the meeting, Richard P. Smith was elected as Chairman of the Board, and Cory W. Giese was elected as Lead Independent Director.

The most recent analyst rating on (TCBK) stock is a Hold with a $53.00 price target. To see the full list of analyst forecasts on Trico Bancshares stock, see the TCBK Stock Forecast page.

TriCo Bancshares Declares Quarterly Cash Dividend

On May 22, 2025, TriCo Bancshares announced a quarterly cash dividend of $0.33 per share, payable on June 20, 2025, to shareholders of record as of June 6, 2025. This announcement reflects the company’s ongoing commitment to returning value to its shareholders and underscores its financial stability and strategic positioning within the banking industry.

The most recent analyst rating on (TCBK) stock is a Hold with a $53.00 price target. To see the full list of analyst forecasts on Trico Bancshares stock, see the TCBK Stock Forecast page.