Piper Sandler upgraded TriCo from Neutral to Overweight and set a new price target of $49.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/12/2024 | $50.00 → $53.00 | Buy → Neutral | DA Davidson |
| 7/26/2024 | Buy → Neutral | Janney | |
| 5/11/2022 | $46.00 → $48.00 | Equal-Weight → Overweight | Stephens |
| 5/3/2022 | $49.00 | Neutral → Buy | Janney |
| 1/26/2022 | $47.00 → $49.00 | Outperform | Raymond James |
| 10/27/2021 | $46.00 → $47.00 | Outperform | Raymond James |
| 9/7/2021 | $44.00 → $47.00 | Neutral → Buy | DA Davidson |
| 8/3/2021 | $49.00 | Neutral → Overweight | Piper Sandler |
3Q24 Financial Highlights Net income was $29.1 million or $0.88 per diluted share as compared to $29.0 million or $0.87 per diluted share in the trailing quarter Deposit balances decreased $13.1 million or 0.7% (annualized) from the trailing quarter and have increased $27.4 million or 0.3% (annualized) from the same quarter of the prior year Average yield on earning assets was 5.26%, an increase of 2 basis points over the 5.24% in the trailing quarter Net interest margin (FTE) was 3.71% in the recent quarter, an increase of 3 basis points over 3.68% in the trailing quarter Non-interest bearing deposits averaged 31.7% of total deposits during the quarter The average cost of total
The Board of Directors of TriCo Bancshares (NASDAQ:TCBK) (the "Company"), parent company of Tri Counties Bank, declared a quarterly cash dividend of $0.33 (thirty-three cents) per share on its common stock, no par value on August 22, 2024. The dividend is payable on September 20, 2024, to holders of record on September 6, 2024. This represents the Company's 140th consecutive quarterly cash dividend payment. Established in 1975, Tri Counties Bank is a wholly-owned subsidiary of TriCo Bancshares (NASDAQ:TCBK) headquartered in Chico, California, providing a unique brand of customer Service with Solutions available in traditional stand-alone and in-store bank branches in communities throughou
2Q24 Financial Highlights Net income increased to $29.0 million or $0.87 per diluted share as compared to $27.7 million or $0.83 per diluted share in the trailing quarter Deposit balances increased $62.6 million or 3.1% (annualized) from the trailing quarter Average yield on earning assets was 5.24%, an increase of 11 basis points over the 5.13% in the trailing quarter Net interest margin (FTE) was 3.68% in the recent quarter, unchanged from the trailing quarter Non-interest bearing deposits averaged 32.0% of total deposits during the quarter The average cost of total deposits was 1.45%, an increase of 24 basis points as compared to 1.21% in the trailing quarter, and an in
TriCo (NASDAQ:TCBK) reported quarterly earnings of $0.83 per share which beat the analyst consensus estimate of $0.80 by 3.75 percent. This is a 22.43 percent decrease over earnings of $1.07 per share from the same period last year. The company reported quarterly sales of $98.507 million which missed the analyst consensus estimate of $100.039 million by 1.53 percent. This is a 7.91 percent decrease over sales of $106.971 million the same period last year.
4 - TRICO BANCSHARES / (0000356171) (Issuer)
4/A - TRICO BANCSHARES / (0000356171) (Issuer)
4 - TRICO BANCSHARES / (0000356171) (Issuer)
8-K - TRICO BANCSHARES / (0000356171) (Filer)
8-K - TRICO BANCSHARES / (0000356171) (Filer)
10-Q - TRICO BANCSHARES / (0000356171) (Filer)
DA Davidson downgraded TriCo Bancshares from Buy to Neutral and set a new price target of $53.00 from $50.00 previously
Janney downgraded TriCo Bancshares from Buy to Neutral
Stephens upgraded TriCo Bancshares from Equal-Weight to Overweight and set a new price target of $48.00 from $46.00 previously
3Q24 Financial Highlights Net income was $29.1 million or $0.88 per diluted share as compared to $29.0 million or $0.87 per diluted share in the trailing quarter Deposit balances decreased $13.1 million or 0.7% (annualized) from the trailing quarter and have increased $27.4 million or 0.3% (annualized) from the same quarter of the prior year Average yield on earning assets was 5.26%, an increase of 2 basis points over the 5.24% in the trailing quarter Net interest margin (FTE) was 3.71% in the recent quarter, an increase of 3 basis points over 3.68% in the trailing quarter Non-interest bearing deposits averaged 31.7% of total deposits during the quarter The average cost of total
Tri Counties Bank announced today the hire of Scott Myers as Head of Wholesale Banking. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240910179622/en/Scott Myers, Head of Wholesale Banking for Tri Counties Bank (Photo: Business Wire) Myers brings more than 25 years of financial services industry experience, previously serving as Chief Lending Officer for California Bank of Commerce, and prior to that, Middle Market Region Manager at Wells Fargo. In his new role, Myers will lead relationship teams in Middle Market & Specialty Banking, Commercial Banking, Business Banking, Treasury Management, and Merchant Card Services across the
The Board of Directors of TriCo Bancshares (NASDAQ:TCBK) (the "Company"), parent company of Tri Counties Bank, declared a quarterly cash dividend of $0.33 (thirty-three cents) per share on its common stock, no par value on August 22, 2024. The dividend is payable on September 20, 2024, to holders of record on September 6, 2024. This represents the Company's 140th consecutive quarterly cash dividend payment. Established in 1975, Tri Counties Bank is a wholly-owned subsidiary of TriCo Bancshares (NASDAQ:TCBK) headquartered in Chico, California, providing a unique brand of customer Service with Solutions available in traditional stand-alone and in-store bank branches in communities throughou
TriCo Bancshares (NASDAQ:TCBK) ("TriCo") has completed its previously-announced merger with Valley Republic Bancorp (OTC:VLLX) ("Valley") as of March 25, 2022. The combined company, operating as TriCo Bancshares with its banking subsidiary, Tri Counties Bank, anticipates having total assets of approximately $10.1 billion as the result of the merger. "We are excited to combine two community-focused financial institutions which are both significantly involved in the markets they serve," said Richard P. Smith, President and CEO of TriCo and Tri Counties Bank. "We look forward to providing our new clients with additional lending capabilities and expanded product offerings while delivering our
SC 13G/A - TRICO BANCSHARES / (0000356171) (Subject)
SC 13G/A - TRICO BANCSHARES / (0000356171) (Subject)
SC 13G/A - TRICO BANCSHARES / (0000356171) (Subject)