TriCo Bancshares (NASDAQ:TCBK) posted its quarterly earnings data on Tuesday, January 29th. The financial services provider reported $0.76 EPS for the quarter, topping analysts’ consensus estimates of $0.70 by $0.06, Bloomberg Earnings reports. The firm had revenue of $76.64 million during the quarter, compared to analysts’ expectations of $73.92 million. TriCo Bancshares had a return on equity of 11.42% and a net margin of 24.62%.
Shares of NASDAQ:TCBK opened at $38.53 on Thursday. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.42. TriCo Bancshares has a 12-month low of $31.05 and a 12-month high of $40.38. The stock has a market capitalization of $1.15 billion, a price-to-earnings ratio of 14.32, a price-to-earnings-growth ratio of 1.83 and a beta of 0.84.
In other TriCo Bancshares news, Director W Virginia Walker sold 3,632 shares of the firm’s stock in a transaction dated Monday, February 11th. The stock was sold at an average price of $37.62, for a total value of $136,635.84. Following the sale, the director now directly owns 10,078 shares of the company’s stock, valued at approximately $379,134.36. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 14.20% of the stock is currently owned by company insiders.
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TriCo Bancshares Company Profile
TriCo Bancshares operates as a bank holding company for Tri Counties Bank that provides commercial banking services to retail customers and small to medium-sized businesses. It accepts demand, savings, and money market accounts, as well as time deposits; and provides residential and commercial real estate mortgage, consumer, commercial, agricultural, and real estate construction loans.
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