What is DA Davidson’s Forecast for TCBK Q1 Earnings?

TriCo Bancshares (NASDAQ:TCBK) – Stock analysts at DA Davidson issued their Q1 2025 earnings estimates for TriCo Bancshares in a research report issued on Friday, January 24th. DA Davidson analyst J. Rulis forecasts that the financial services provider will post earnings of $0.82 per share for the quarter. DA Davidson has a “Neutral” rating and a $53.00 price objective on the stock. The consensus estimate for TriCo Bancshares’ current full-year earnings is $3.38 per share.

TriCo Bancshares (NASDAQ:TCBK) last issued its earnings results on Thursday, January 23rd. The financial services provider reported $0.88 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.79 by $0.09. TriCo Bancshares had a net margin of 21.12% and a return on equity of 9.45%.

Several other brokerages have also commented on TCBK. Keefe, Bruyette & Woods dropped 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. Piper Sandler decreased their target price on shares of TriCo Bancshares from $53.00 to $50.00 and set an “overweight” rating for the company in a research report on Monday, October 28th. Finally, Stephens reduced their price target on shares of TriCo Bancshares from $52.00 to $50.00 and set an “overweight” rating for the company in a research note on Tuesday, October 29th. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, TriCo Bancshares has an average rating of “Hold” and an average target price of $50.75.

TriCo Bancshares Price Performance

Shares of NASDAQ TCBK opened at $44.39 on Monday. The business’s fifty day moving average price is $45.35 and its two-hundred day moving average price is $44.48. The firm has a market capitalization of $1.47 billion, a PE ratio of 13.21 and a beta of 0.58. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.86 and a quick ratio of 0.86. TriCo Bancshares has a 1-year low of $31.73 and a 1-year high of $51.06.

TriCo Bancshares Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 20th. Stockholders of record on Friday, December 6th were given a dividend of $0.33 per share. The ex-dividend date was Friday, December 6th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 2.97%. TriCo Bancshares’s dividend payout ratio (DPR) is presently 39.29%.

Insider Transactions at TriCo Bancshares

In related news, Director Cory W. Giese sold 5,100 shares of the firm’s stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of $49.47, for a total value of $252,297.00. Following the completion of the transaction, the director now owns 6,128 shares of the company’s stock, valued at approximately $303,152.16. This trade represents a 45.42 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 4.64% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of TriCo Bancshares in the 3rd quarter valued at approximately $28,000. Chico Wealth RIA raised its holdings in shares of TriCo Bancshares by 2.3% during the 3rd quarter. Chico Wealth RIA now owns 43,954 shares of the financial services provider’s stock valued at $1,875,000 after purchasing an additional 1,000 shares in the last quarter. Stifel Financial Corp increased its position in TriCo Bancshares by 2.2% during the third quarter. Stifel Financial Corp now owns 48,031 shares of the financial services provider’s stock worth $2,049,000 after buying an additional 1,013 shares during the last quarter. SG Americas Securities LLC increased its position in TriCo Bancshares by 27.1% during the fourth quarter. SG Americas Securities LLC now owns 11,783 shares of the financial services provider’s stock worth $515,000 after buying an additional 2,512 shares during the last quarter. Finally, Point72 DIFC Ltd acquired a new stake in shares of TriCo Bancshares in the third quarter worth about $114,000. Hedge funds and other institutional investors own 59.11% of the company’s stock.

TriCo Bancshares Company Profile

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.