TriCo Bancshares (TCBK) to Release Earnings on Thursday

TriCo Bancshares (NASDAQ:TCBKGet Free Report) is anticipated to post its Q2 2025 quarterly earnings results before the market opens on Thursday, July 24th. Analysts expect TriCo Bancshares to post earnings of $0.82 per share and revenue of $101.15 million for the quarter.

TriCo Bancshares (NASDAQ:TCBKGet Free Report) last issued its quarterly earnings data on Thursday, April 24th. The financial services provider reported $0.80 earnings per share for the quarter, topping the consensus estimate of $0.78 by $0.02. TriCo Bancshares had a net margin of 21.41% and a return on equity of 9.28%. The company had revenue of $98.62 million for the quarter, compared to analysts’ expectations of $99.59 million. On average, analysts expect TriCo Bancshares to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

TriCo Bancshares Stock Performance

Shares of TriCo Bancshares stock opened at $41.98 on Thursday. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.15. The stock has a market cap of $1.38 billion, a price-to-earnings ratio of 12.24 and a beta of 0.60. The company’s fifty day moving average is $40.76 and its 200 day moving average is $41.11. TriCo Bancshares has a twelve month low of $35.20 and a twelve month high of $51.06.

TriCo Bancshares Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, June 20th. Shareholders of record on Friday, June 6th were given a dividend of $0.33 per share. The ex-dividend date was Friday, June 6th. This represents a $1.32 dividend on an annualized basis and a yield of 3.14%. TriCo Bancshares’s dividend payout ratio (DPR) is currently 38.48%.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on TCBK. Stephens reiterated an “overweight” rating and set a $47.00 price objective on shares of TriCo Bancshares in a report on Monday, April 28th. Keefe, Bruyette & Woods dropped their price objective on shares of TriCo Bancshares from $48.00 to $46.00 and set a “market perform” rating on the stock in a report on Monday, April 28th. Finally, Raymond James Financial dropped their price objective on shares of TriCo Bancshares from $48.00 to $43.00 and set an “outperform” rating on the stock in a report on Friday, April 25th. Three analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat, TriCo Bancshares has a consensus rating of “Moderate Buy” and a consensus target price of $47.80.

View Our Latest Report on TriCo Bancshares

Institutional Investors Weigh In On TriCo Bancshares

Several institutional investors and hedge funds have recently added to or reduced their stakes in TCBK. Goldman Sachs Group Inc. boosted its holdings in TriCo Bancshares by 4.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 643,656 shares of the financial services provider’s stock worth $25,727,000 after buying an additional 27,193 shares during the period. Empowered Funds LLC boosted its holdings in TriCo Bancshares by 8.4% in the 1st quarter. Empowered Funds LLC now owns 51,204 shares of the financial services provider’s stock valued at $2,047,000 after purchasing an additional 3,951 shares during the period. Jane Street Group LLC lifted its holdings in shares of TriCo Bancshares by 280.1% during the 1st quarter. Jane Street Group LLC now owns 49,452 shares of the financial services provider’s stock worth $1,977,000 after acquiring an additional 36,443 shares during the last quarter. AQR Capital Management LLC lifted its holdings in shares of TriCo Bancshares by 28.9% during the 1st quarter. AQR Capital Management LLC now owns 32,711 shares of the financial services provider’s stock worth $1,307,000 after acquiring an additional 7,334 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of TriCo Bancshares by 4.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,011 shares of the financial services provider’s stock worth $760,000 after acquiring an additional 820 shares during the last quarter. Hedge funds and other institutional investors own 59.11% of the company’s stock.

TriCo Bancshares Company Profile

(Get Free Report)

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.

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Earnings History for TriCo Bancshares (NASDAQ:TCBK)

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