Headlines about TriCo Bancshares (NASDAQ:TCBK) have been trending somewhat positive recently, Accern reports. The research group rates the sentiment of press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. TriCo Bancshares earned a news impact score of 0.12 on Accern’s scale. Accern also assigned news articles about the financial services provider an impact score of 46.6004009640904 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
TCBK has been the subject of a number of research analyst reports. ValuEngine upgraded TriCo Bancshares from a “hold” rating to a “buy” rating in a research report on Wednesday, March 7th. Zacks Investment Research downgraded TriCo Bancshares from a “buy” rating to a “hold” rating in a research report on Wednesday, February 14th. Keefe, Bruyette & Woods upgraded TriCo Bancshares from a “market perform” rating to an “outperform” rating in a research report on Tuesday, March 13th. Stephens started coverage on TriCo Bancshares in a research report on Friday, May 11th. They set an “overweight” rating and a $43.00 price objective for the company. Finally, BidaskClub upgraded TriCo Bancshares from a “sell” rating to a “hold” rating in a research report on Tuesday, March 6th. Three analysts have rated the stock with a hold rating and five have given a buy rating to the stock. TriCo Bancshares has an average rating of “Buy” and a consensus target price of $43.60.
Shares of NASDAQ:TCBK opened at $39.31 on Tuesday. TriCo Bancshares has a one year low of $33.36 and a one year high of $43.79. The firm has a market cap of $893.29 million, a PE ratio of 18.90, a P/E/G ratio of 1.53 and a beta of 0.86. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.79 and a quick ratio of 0.79.
TriCo Bancshares (NASDAQ:TCBK) last announced its quarterly earnings data on Thursday, April 26th. The financial services provider reported $0.62 EPS for the quarter, beating analysts’ consensus estimates of $0.59 by $0.03. TriCo Bancshares had a return on equity of 10.06% and a net margin of 17.99%. The company had revenue of $57.28 million during the quarter, compared to the consensus estimate of $58.89 million. equities research analysts expect that TriCo Bancshares will post 2.54 EPS for the current year.
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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