FY2025 EPS Forecast for TriCo Bancshares Boosted by Analyst

TriCo Bancshares (NASDAQ:TCBK) – Analysts at DA Davidson upped their FY2025 earnings estimates for shares of TriCo Bancshares in a note issued to investors on Friday, October 24th. DA Davidson analyst J. Rulis now expects that the financial services provider will earn $3.70 per share for the year, up from their previous estimate of $3.50. DA Davidson has a “Neutral” rating and a $45.00 price objective on the stock. The consensus estimate for TriCo Bancshares’ current full-year earnings is $3.35 per share. DA Davidson also issued estimates for TriCo Bancshares’ Q4 2025 earnings at $1.03 EPS.

TriCo Bancshares (NASDAQ:TCBK) last posted its earnings results on Thursday, October 23rd. The financial services provider reported $1.04 EPS for the quarter, topping the consensus estimate of $0.92 by $0.12. TriCo Bancshares had a net margin of 21.87% and a return on equity of 9.37%. The firm had revenue of $18.01 million during the quarter, compared to analysts’ expectations of $107.08 million.

Several other research analysts have also recently commented on the stock. Keefe, Bruyette & Woods upped their target price on shares of TriCo Bancshares from $46.00 to $50.00 and gave the stock a “market perform” rating in a research report on Monday. Zacks Research cut shares of TriCo Bancshares from a “strong-buy” rating to a “hold” rating in a report on Friday, September 26th. Piper Sandler increased their price objective on shares of TriCo Bancshares from $52.00 to $55.00 and gave the company an “overweight” rating in a report on Monday, July 28th. Raymond James Financial reiterated an “outperform” rating and issued a $46.00 price objective (up from $45.00) on shares of TriCo Bancshares in a report on Friday. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of TriCo Bancshares in a report on Wednesday, October 8th. Three research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $48.60.

TriCo Bancshares Price Performance

NASDAQ TCBK opened at $44.26 on Monday. TriCo Bancshares has a 52 week low of $35.20 and a 52 week high of $51.06. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.09. The stock has a market cap of $1.44 billion, a price-to-earnings ratio of 12.43 and a beta of 0.63. The company has a 50-day moving average price of $44.24 and a two-hundred day moving average price of $41.85.

Institutional Trading of TriCo Bancshares

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Hotchkis & Wiley Capital Management LLC purchased a new stake in shares of TriCo Bancshares in the 1st quarter valued at approximately $8,810,000. ProShare Advisors LLC lifted its position in shares of TriCo Bancshares by 2,137.5% in the 2nd quarter. ProShare Advisors LLC now owns 154,969 shares of the financial services provider’s stock valued at $6,275,000 after acquiring an additional 148,043 shares in the last quarter. Franklin Resources Inc. lifted its position in shares of TriCo Bancshares by 7.9% in the 2nd quarter. Franklin Resources Inc. now owns 1,725,857 shares of the financial services provider’s stock valued at $69,880,000 after acquiring an additional 126,571 shares in the last quarter. Allworth Financial LP lifted its position in shares of TriCo Bancshares by 1,339.5% in the 2nd quarter. Allworth Financial LP now owns 119,393 shares of the financial services provider’s stock valued at $4,834,000 after acquiring an additional 111,099 shares in the last quarter. Finally, Nuveen LLC purchased a new stake in shares of TriCo Bancshares in the 1st quarter valued at approximately $3,568,000. 59.11% of the stock is owned by institutional investors and hedge funds.

TriCo Bancshares Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 19th. Investors of record on Friday, September 5th were paid a dividend of $0.36 per share. This is a boost from TriCo Bancshares’s previous quarterly dividend of $0.33. This represents a $1.44 annualized dividend and a yield of 3.3%. The ex-dividend date of this dividend was Friday, September 5th. TriCo Bancshares’s dividend payout ratio (DPR) is currently 40.45%.

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.