TCBK RSI Chart
Last 7 days
1.4%
Last 30 days
-0.6%
Last 90 days
-19.4%
Trailing 12 Months
-22.9%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2023 | 389.2M | 409.4M | 425.4M | 438.4M |
2022 | 278.3M | 296.8M | 323.5M | 355.5M |
2021 | 268.6M | 269.9M | 274.1M | 277.0M |
2020 | 271.5M | 270.5M | 267.0M | 267.2M |
2019 | 248.6M | 268.3M | 272.6M | 272.4M |
2018 | 185.0M | 188.5M | 207.1M | 228.2M |
2017 | 174.4M | 176.9M | 179.1M | 181.4M |
2016 | 166.5M | 169.2M | 171.6M | 173.7M |
2015 | 131.7M | 143.1M | 155.3M | 161.4M |
2014 | 107.9M | 110.6M | 112.2M | 121.1M |
2013 | 107.4M | 105.2M | 105.2M | 106.6M |
2012 | 84.1M | 87.6M | 90.6M | 108.7M |
2011 | 103.1M | 101.8M | 99.0M | 81.4M |
2010 | 0 | 109.7M | 107.2M | 104.6M |
2009 | 0 | 0 | 0 | 112.3M |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Oct 23, 2023 | bailey daniel k | acquired | - | - | 1,064 | evp chief banking officer |
Oct 23, 2023 | fleshood john | acquired | - | - | - | evp chief operating officer |
Oct 23, 2023 | wiese peter g | sold (taxes) | -8,607 | 30.74 | -280 | evp chief financial officer |
Oct 23, 2023 | fleshood john | acquired | - | - | 1,298 | evp chief operating officer |
Oct 23, 2023 | giem judi | acquired | - | - | 286 | chief human resources officer |
Oct 23, 2023 | bailey daniel k | acquired | - | - | - | evp chief banking officer |
Oct 23, 2023 | carney craig b | acquired | - | - | 1,005 | evp chief credit officer |
Oct 23, 2023 | wiese peter g | acquired | - | - | 1,380 | evp chief financial officer |
Oct 23, 2023 | smith richard p | sold (taxes) | -56,930 | 30.74 | -1,852 | ceo, president & chairman |
Oct 23, 2023 | gehlmann gregory a | acquired | - | - | 626 | svp general counsel |
Which funds bought or sold TCBK recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Mar 22, 2024 | PNC FINANCIAL SERVICES GROUP, INC. | reduced | -24.49 | 41.00 | 3,180 | -% |
Mar 11, 2024 | VANGUARD GROUP INC | reduced | -3.56 | 17,104,500 | 75,321,400 | -% |
Mar 01, 2024 | GOLDMAN SACHS GROUP INC | added | 94.53 | 30,132,900 | 48,851,900 | -% |
Feb 28, 2024 | AMERICAN INTERNATIONAL GROUP, INC. | reduced | -0.4 | 167,059 | 663,972 | -% |
Feb 16, 2024 | GSA CAPITAL PARTNERS LLP | new | - | 668,000 | 668,000 | 0.06% |
Feb 16, 2024 | PRICE T ROWE ASSOCIATES INC /MD/ | added | 14.82 | 419,000 | 1,194,000 | -% |
Feb 16, 2024 | PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO | added | 9.94 | 5,211 | 15,211 | -% |
Feb 15, 2024 | Legal & General Group Plc | added | 3.04 | 331,684 | 1,199,250 | -% |
Feb 15, 2024 | Farther Finance Advisors, LLC | new | - | 43.00 | 43.00 | -% |
Feb 15, 2024 | Davis Asset Management, L.P. | added | 100 | 55,031,300 | 87,727,600 | 2.14% |
Unveiling TriCo Bancshares's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Peers (Alternatives to TriCo Bancshares)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
JPM | 574.7B | 171.1B | 11.6 | 3.36 | ||||
BAC | 297.7B | 130.3B | 11.23 | 2.29 | ||||
WFC | 206.2B | 85.7B | 10.77 | 2.41 | ||||
C | 120.0B | 133.3B | 13 | 0.9 | ||||
CFG | 16.4B | 10.2B | 10.23 | 1.61 | ||||
KEY | 14.6B | 7.9B | 15.11 | 1.84 | ||||
MID-CAP | ||||||||
CMA | 7.2B | 4.2B | 8.16 | 1.72 | ||||
ZION | 6.4B | 3.9B | 9.4 | 1.62 | ||||
ABCB | 3.3B | 1.3B | 12.35 | 2.6 | ||||
ASB | 3.2B | 2.0B | 17.55 | 1.64 | ||||
SMALL-CAP | ||||||||
AMNB | 509.4M | 120.2M | 19.47 | 4.24 | ||||
ALRS | 428.7M | 164.9M | 36.65 | 2.6 | ||||
AROW | 411.8M | 162.6M | 13.69 | 2.53 | ||||
ACNB | 313.8M | 96.6M | 9.9 | 3.25 | ||||
ASRV | 46.8M | 60.9M | -13.99 | 0.77 |
TriCo Bancshares News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Revenue | 3.1% | 116 | 112 | 107 | 103 | 103 | 96.00 | 87.00 | 69.00 | 71.00 | 70.00 | 68.00 | 68.00 | 68.00 | 65.00 | 67.00 | 67.00 | 68.00 | 69.00 | 68.00 | 67.00 | 68.00 |
EBITDA Margin | -7.7% | 1.20* | 1.29* | 1.38* | 1.47* | 1.48* | 1.50* | 1.50* | 1.52* | 1.59* | 1.58* | 1.53* | 1.41* | - | - | - | - | - | - | - | - | - |
Interest Expenses | -1.7% | 87.00 | 88.00 | 89.00 | 93.00 | 99.00 | 94.00 | 85.00 | 68.00 | 70.00 | 68.00 | 67.00 | 66.00 | 66.00 | 63.00 | 65.00 | 63.00 | 64.00 | 65.00 | 64.00 | 64.00 | 64.00 |
Income Taxes | -10.1% | 10.00 | 11.00 | 9.00 | 13.00 | 15.00 | 14.00 | 12.00 | 8.00 | 10.00 | 12.00 | 11.00 | 13.00 | 9.00 | 7.00 | 1.00 | 6.00 | 9.00 | 9.00 | 7.00 | 9.00 | 7.00 |
Earnings Before Taxes | -13.5% | 36.00 | 42.00 | 33.00 | 49.00 | 51.00 | 51.00 | 43.00 | 28.00 | 39.00 | 39.00 | 39.00 | 47.00 | 32.00 | 24.00 | 9.00 | 22.00 | 32.00 | 33.00 | 31.00 | 32.00 | 31.00 |
EBT Margin | -11.1% | 0.37* | 0.41* | 0.45* | 0.50* | 0.49* | 0.50* | 0.50* | 0.52* | 0.59* | 0.57* | 0.53* | 0.42* | - | - | - | - | - | - | - | - | - |
Net Income | -14.8% | 26.00 | 31.00 | 25.00 | 36.00 | 36.00 | 37.00 | 31.00 | 20.00 | 28.00 | 27.00 | 28.00 | 34.00 | 24.00 | 18.00 | 7.00 | 16.00 | 23.00 | 23.00 | 23.00 | 23.00 | 23.00 |
Net Income Margin | -10.8% | 0.27* | 0.30* | 0.33* | 0.36* | 0.35* | 0.36* | 0.36* | 0.38* | 0.42* | 0.41* | 0.38* | 0.31* | - | - | - | - | - | - | - | - | - |
Free Cashflow | -22.0% | 36.00 | 46.00 | 15.00 | 38.00 | 54.00 | 35.00 | 36.00 | 34.00 | 31.00 | 40.00 | 17.00 | 41.00 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Assets | 0.1% | 9,910 | 9,897 | 9,853 | 9,842 | 9,931 | 9,977 | 10,121 | 10,118 | 8,615 | 8,458 | 8,170 | 8,032 | 7,640 | 7,450 | 7,360 | 6,474 | 6,471 | 6,385 | 6,395 | 6,472 | 6,352 |
Cash Equivalents | -11.2% | 99.00 | 111 | 119 | 110 | 107 | 247 | 489 | 1,036 | 768 | 740 | 640 | 610 | 670 | 653 | 706 | 185 | 277 | 259 | 176 | 319 | 228 |
Net PPE | -0.6% | 71.00 | 72.00 | 73.00 | 72.00 | 72.00 | 73.00 | 74.00 | 74.00 | 79.00 | 79.00 | 79.00 | 82.00 | 84.00 | 85.00 | 85.00 | 86.00 | 87.00 | 87.00 | 89.00 | 89.00 | 89.00 |
Goodwill | 0% | 304 | 304 | 304 | 304 | 304 | 308 | 90.00 | 84.00 | 221 | 221 | 221 | 221 | 221 | 221 | 221 | 221 | 221 | 221 | 221 | 221 | 221 |
Liabilities | -0.9% | 8,750 | 8,827 | 8,761 | 8,752 | 8,885 | 8,987 | 9,078 | 9,009 | 7,615 | 7,476 | 7,204 | 7,089 | 6,714 | 6,548 | 6,474 | 5,608 | 5,565 | 5,488 | 5,519 | 5,619 | 5,525 |
Shareholder's Equity | 8.3% | 1,160 | 1,070 | 1,093 | 1,090 | 1,046 | 990 | 1,042 | 1,109 | 1,000 | 982 | 967 | 943 | 925 | 902 | 886 | 866 | 894 | 897 | 876 | 853 | 827 |
Retained Earnings | 2.7% | 616 | 599 | 579 | 565 | 543 | 517 | 492 | 480 | 467 | 447 | 428 | 408 | 382 | 366 | 355 | 357 | 368 | 352 | 335 | 320 | 303 |
Shares Outstanding | 0.0% | 33.00 | 33.00 | 33.00 | 33.00 | 33.00 | 33.00 | 33.00 | 34.00 | 30.00 | 30.00 | 30.00 | 30.00 | - | - | - | - | - | - | - | - | - |
Float | - | - | - | 1,400 | - | - | - | 1,410 | - | - | - | 1,213 | - | - | - | 893 | - | - | - | 1,004 | - | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Cashflow From Operations | -20.9% | 36,510 | 46,181 | 17,241 | 38,955 | 54,904 | 35,851 | 37,295 | 34,845 | 32,288 | 41,113 | 17,610 | 41,196 | 36,218 | 14,879 | 30,088 | 33,617 | 26,540 | 42,397 | 11,814 | 22,055 | 31,164 |
Share Based Compensation | -1.1% | 1,071 | 1,083 | 930 | 1,041 | 1,158 | 969 | 930 | 812 | 738 | 737 | 626 | 537 | 560 | 545 | 492 | 439 | 441 | 398 | 418 | 397 | 368 |
Cashflow From Investing | 140.8% | 42,202 | -103,400 | -25,487 | 115,252 | -74,737 | -175,777 | -594,624 | 121,914 | -130,882 | -181,943 | -110,425 | -460,561 | -176,386 | -142,457 | -360,084 | -137,406 | -75,993 | 93,607 | -62,270 | 14,867 | -29,130 |
Cashflow From Financing | -284.0% | -91,110 | 49,526 | 16,703 | -151,102 | -119,446 | -102,433 | 10,514 | 110,503 | 126,779 | 241,326 | 123,033 | 359,336 | 157,137 | 74,308 | 850,382 | 12,748 | 66,913 | -52,541 | -92,668 | 54,253 | -1,044 |
Dividend Payments | 0.0% | 9,980 | 9,979 | 9,970 | 9,972 | 10,001 | 10,004 | 8,359 | 7,433 | 7,433 | 7,429 | 7,430 | 7,432 | 6,545 | 6,550 | 6,544 | 6,664 | 6,714 | 6,710 | 5,793 | 5,782 | 5,785 |
Buy Backs | 288.2% | 132 | 34.00 | 1,479 | 7,595 | 332 | 4,258 | 22,530 | - | 669 | 1,114 | 2,551 | 10.00 | 1,522 | 242 | 8,009 | 17,147 | -999 | 147 | 3,660 | 388 | 1,505 |
Consolidated Statements of Income - USD ($) $ in Thousands | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
Interest and dividend income: | |||
Loans, including fees | $ 356,710 | $ 285,375 | $ 242,269 |
Investments: | |||
Taxable securities | 73,924 | 59,395 | 29,361 |
Tax exempt securities | 5,120 | 5,199 | 3,568 |
Dividends | 1,294 | 1,137 | 991 |
Interest bearing cash at Federal Reserve and other banks | 1,306 | 4,399 | 858 |
Total interest and dividend income | 438,354 | 355,505 | 277,047 |
Interest expense: | |||
Deposits | 55,087 | 4,689 | 3,318 |
Other borrowings | 19,712 | 421 | 22 |
Junior subordinated debt | 6,878 | 4,419 | 2,168 |
Total interest expense | 81,677 | 9,529 | 5,508 |
Net interest income | 356,677 | 345,976 | 271,539 |
Provision for (benefit from) credit losses | 23,990 | 18,470 | (6,775) |
Net interest income after provision for (benefit from) credit losses | 332,687 | 327,506 | 278,314 |
Noninterest income: | |||
Service charges and fees | 50,088 | 49,765 | 43,948 |
Commissions on sale of non-deposit investment products | 4,517 | 3,986 | 3,668 |
Increase in cash value of life insurance | 3,150 | 2,858 | 2,775 |
Gain on sale of loans | 1,166 | 2,342 | 9,580 |
Loss on sale of investment securities | (284) | 0 | 0 |
Other | 2,763 | 4,095 | 3,693 |
Total noninterest income | 61,400 | 63,046 | 63,664 |
Noninterest expense: | |||
Salaries and related benefits | 135,795 | 129,852 | 106,351 |
Other | 97,387 | 86,793 | 71,924 |
Total noninterest expense | 233,182 | 216,645 | 178,275 |
Income before income taxes | 160,905 | 173,907 | 163,703 |
Provision for income taxes | 43,515 | 48,488 | 46,048 |
Net income | $ 117,390 | $ 125,419 | $ 117,655 |
Earnings per share: | |||
Basic (in USD per share) | $ 3.53 | $ 3.85 | $ 3.96 |
Diluted (in USD per share) | $ 3.52 | $ 3.83 | $ 3.94 |
Consolidated Balance Sheets - USD ($) $ in Thousands | Dec. 31, 2023 | Dec. 31, 2022 |
---|---|---|
Assets: | ||
Cash and due from banks | $ 81,626 | $ 96,323 |
Cash at Federal Reserve and other banks | 17,075 | 10,907 |
Cash and cash equivalents | 98,701 | 107,230 |
Investment securities: | ||
Marketable equity securities | 2,634 | 2,598 |
Available for sale debt securities, at fair value (amortized cost of $2,384,325 and $2,742,987) | 2,152,504 | 2,452,438 |
Securities held to maturity | 133,494 | 160,983 |
Restricted equity securities | 17,250 | 17,250 |
Loans held for sale | 458 | 1,846 |
Loans | 6,794,470 | 6,450,447 |
Allowance for credit losses | (121,522) | (105,680) |
Total loans, net | 6,672,948 | 6,344,767 |
Premises and equipment, net | 71,347 | 72,327 |
Cash value of life insurance | 136,892 | 133,742 |
Accrued interest receivable | 36,768 | 31,856 |
Goodwill | 304,442 | 304,442 |
Other intangible assets, net | 10,552 | 16,670 |
Operating leases, right-of-use | 26,133 | 26,862 |
Other assets | 245,966 | 257,975 |
Total assets | 9,910,089 | 9,930,986 |
Deposits: | ||
Noninterest-bearing demand | 2,722,689 | 3,502,095 |
Interest-bearing | 5,111,349 | 4,826,918 |
Total deposits | 7,834,038 | 8,329,013 |
Accrued interest payable | 8,445 | 1,167 |
Operating lease liability | 28,261 | 29,004 |
Other liabilities | 145,982 | 159,741 |
Other borrowings | 632,582 | 264,605 |
Junior subordinated debt | 101,099 | 101,040 |
Total liabilities | 8,750,407 | 8,884,570 |
Commitments and contingencies (Note 15) | ||
Shareholders’ equity: | ||
Preferred stock, no par value: 1,000,000 shares authorized; zero issued and outstanding at December 31, 2023 and 2022, respectively | 0 | 0 |
Common stock, no par value: 50,000,000 shares authorized; issued and outstanding: 33,268,102 and 33,331,513 at December 31, 2023 and 2022, respectively | 697,349 | 697,448 |
Retained earnings | 615,502 | 542,873 |
Accumulated other comprehensive loss, net of tax | (153,169) | (193,905) |
Total shareholders’ equity | 1,159,682 | 1,046,416 |
Total liabilities and shareholders’ equity | $ 9,910,089 | $ 9,930,986 |
 | Mr. Richard P. Smith |
---|---|
 | www.tcbk.com |
 | 1210 |