Chico, California, September 1, 2025
News Summary
TriCo Bancshares reported quarterly results that exceeded expectations, with GAAP EPS of $0.84 and revenue of $103.61 million. The company raised its quarterly cash dividend to $0.36 per share and attracted renewed analyst interest, producing an average recommendation of Moderate Buy and a $47.60 average 12‑month target. Management added a senior Head of Wholesale Banking to strengthen commercial and treasury capabilities. Key metrics include a market cap near $1.48 billion, a P/E around 13.36, and institutional ownership above 59%. Investors will watch upcoming revenue, EPS trends, loan growth and net interest margin for further signals.
TriCo Bancshares posts Q2 beat, raises dividend and draws a “Moderate Buy” analyst consensus
TriCo Bancshares (TCBK) reported second-quarter results that topped expectations, announced an increased quarterly cash dividend, and drew fresh analyst attention while adding a senior banking executive. The combination of stronger-than-forecast revenue and earnings, a dividend hike, and several upward price target moves helped push the stock into a cautiously optimistic outlook among Wall Street analysts.
Top line: earnings, revenue and dividend move to the front
For the quarter, TriCo reported GAAP earnings per share of $0.84, about 2.9% above the consensus level. Revenue for the quarter came in at $103.61 million, beating expectations of $101.15 million and reflecting a year-over-year sales gain of about 5.9%. Management declared a new quarterly cash dividend of $0.36 per share, up from $0.33, payable on September 19 to holders of record on September 5. The new payout represents a $1.44 annualized dividend and a yield near 3.2% at recent prices.
Analyst sentiment and price targets
The stock has an average analyst recommendation of Moderate Buy across five covering analysts, with three issuing buys and two holds. Several brokerages raised targets on TriCo following the quarter: one firm increased its objective to $55, another set a $45 target (up from $43), and a third lifted its target to $45 while assigning a neutral stance. The average 12‑month target among those covering the stock sits near $47.60.
Market snapshot and financial ratios
Shares opened recent trading at roughly $45.42. The company carries a market capitalization of about $1.48 billion, a trailing price-to-earnings ratio near 13.36, and a beta of 0.64. The 52‑week range spans from $35.20 to $51.06. Short- and long-term moving averages sit around $42.41 (50-day) and $40.95 (200-day), respectively. Balance-sheet metrics include a debt-to-equity ratio of 0.09, a current ratio of 0.86, and a quick ratio of 0.86.
Profitability and growth trends
Return on equity was reported at 8.99% for the period, with a net margin near 21.11%. Analysts tracking the company expect about $3.35 in earnings per share for the current fiscal year. Over the last five years, revenue grew at a compound annual rate of roughly 5.4%, though the company has seen an annualized revenue dip of about 4% over the last two years. Tangible book value per share rose at an annual clip of 6.3% over five years and accelerated to 12.3% over the last two years.
Ownership and recent investor activity
Institutional investors and hedge funds hold about 59.11% of the outstanding stock. Several firms increased or initiated positions during the most recent quarter, including a new stake valued at approximately $242,000, a large technical trading firm that boosted its holdings by 400.4%, and other wealth and brokerage firms that added shares. These moves point to fresh institutional interest following the quarter-end disclosures.
Senior hire and business focus
TriCo appointed a new Head of Wholesale Banking to lead relationship teams across middle-market, specialty, commercial, business and treasury product lines. The new executive brings more than 25 years of financial services experience and will take responsibility for developing lending and treasury relationships across the bank’s footprint. Company leadership sees this hire as a way to strengthen commercial lending and specialized banking services.
Company footprint and services
TriCo operates Tri Counties Bank, a bank established in 1975 and headquartered in Chico, California. The bank reports assets near $10 billion, provides consumer, small business and commercial banking, accepts demand, savings and time deposits, and offers a network of branches coupled with online and mobile banking and access to a large surcharge-free ATM network. The institution also provides mortgage, auto, personal, agricultural, and construction lending, along with brokerage services through an affiliated advisory channel.
What to watch next
Near-term indicators to monitor include quarterly revenue and EPS trends, movement in analyst price targets, dividend payout consistency, and continued institutional buying or selling. The company’s payout ratio sits at about 38.82%, and consensus expectations for tangible book value per share point to growth over the next 12 months. Any updates on loan growth, net interest margin, or credit quality will also shape market sentiment.
FAQ
Q: When is the next dividend payment and who is eligible?
A: The increased quarterly dividend of $0.36 is payable on September 19 to shareholders of record on September 5.
Q: How did the quarter compare with estimates?
A: The quarter beat estimates with $0.84 EPS versus a consensus near $0.82 and revenue of $103.61 million versus expected $101.15 million.
Q: What is the analyst view on the stock?
A: The consensus among five analysts is Moderate Buy, with several firms recently raising price targets; the average 12‑month target is about $47.60.
Q: What strategic steps did the company take recently?
A: The company appointed a new Head of Wholesale Banking to expand middle-market and specialty commercial efforts and increased its quarterly dividend, reflecting confidence in earnings and asset growth.
Q: Where does the bank operate and what services does it offer?
A: The bank is headquartered in Chico, California and offers consumer, small business and commercial banking, mortgage and consumer lending, treasury services, and brokerage services through an affiliate.
Key features at a glance
| Feature | Detail |
|---|---|
| Ticker | TCBK |
| Market capitalization | $1.48 billion |
| Q2 EPS | $0.84 (beat) |
| Q2 Revenue | $103.61 million (beat) |
| Dividend | $0.36 per quarter — payable Sep 19; record Sep 5 |
| Dividend yield (approx.) | 3.2% |
| Payout ratio | 38.82% |
| P/E ratio | 13.36 |
| 52-week range | $35.20 — $51.06 |
| Assets | Nearly $10 billion |
| ROE / Net margin | 8.99% / 21.11% |
| Analyst consensus | Moderate Buy; average 12‑month target ≈ $47.60 |
Deeper Dive: News & Info About This Topic
Additional Resources
- Business Wire: TriCo Bancshares Increases Quarterly Cash Dividend
- Wikipedia: TriCo Bancshares
- TradingView: TriCo Bancshares (TCBK) Exceeds Q2 Expectations
- Google Search: TriCo Bancshares
- Business Wire: Scott Myers Joins Tri-Counties Bank as Head of Wholesale Banking
- Google Scholar: TriCo Bancshares
- FinancialContent: Russell 2000 — Stocks to Steer Clear Of (context on small-cap exposure)
- Encyclopedia Britannica: TriCo Bancshares
- FinancialContent: Small-Cap Stock with Exciting Potential (small-cap context)
- Google News: TriCo Bancshares
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