TriCo Bancshares (TCBK) Stock

TriCo Bancshares (TCBK) is a Financials stock trading at $55.65 (as of 2026-08-20), with a market capitalization of $1.76B and a trailing P/E of 13.0. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

TriCo Bancshares is a bank holding company for Tri Counties Bank, providing commercial banking services to individuals and corporate customers. It accepts demand, savings, and time deposits and offers loans, treasury management, and related services, operating branches and loan production offices across California.

Understand TriCo Bancshares: how it makes money

TriCo Bancshares is a bank holding company for Tri Counties Bank that makes money by taking deposits and extending a mix of loans (including small business, real estate, consumer, commercial, and agricultural) and by providing treasury management and other banking services, generating income primarily through net interest.

For this bank, the profit model is primarily driven by net interest income, set by the Net Interest Rate Spread (2.97 percent), and supported by operating efficiency (Efficiency Ratio 54.55 percent), while credit risk is reflected in the Allowance for Credit Losses as a Percentage of Non-Performing Loans (190.0 percent).

Business quality (Solid): The provided metrics give a clear view into the core banking drivers (net interest spread, efficiency, returns, and credit-loss coverage), but there is no clean official reportable segment revenue breakdown in the provided facts.

Valuation: At 14× earnings, TCBK trades 8% above the Banking average (13×). Note: one-time items can distort reported P/E.

Bull case

Net interest spread supports earnings power: Net Interest Rate Spread is 2.97 percent, and Fully Tax-Equivalent Net Interest Income is 0.09 USD_B for the latest quarter.
Efficiency is a manageable level: Efficiency Ratio is 54.55 percent, which helps convert revenue into operating results.
Solid return metrics for a bank: Return on Average Assets is 1.38 percent and Return on Average Equity is 10.08 percent.

Bear case

Credit-loss coverage signals credit stress can matter: Allowance for Credit Losses as a Percentage of Non-Performing Loans is 190.0 percent, indicating the credit component of results is something to monitor.
Funding and interest-rate sensitivity risk: Loan to Deposit Ratio is 84.11 percent and Cycle-to-Date Deposit Beta is 26.9 percent, which can influence earnings if funding costs move.
Loan book turnover can affect near-term results: Loan Originations and Draws are 0.46 USD_B while Gross Loan Payoffs and Repayments are 0.44 USD_B, so the balance can shift with credit and demand conditions.

Valuation — source: SEC EDGAR (first-party)
Price	$55.65
Market Cap	$1.76B
P/E Ratio	13.0
EV / EBITDA	8.6
Price / Book	1.31
Price / Sales	32.43
Dividend Yield	2.6%
FCF Yield	7.6%
DCF Value (model)	$68.44
DCF Upside vs Price	23.0%

Profitability & Growth — source: SEC EDGAR
Revenue (TTM)	$53.45M
Net Margin	227.4%
Return on Equity	10.1%
Revenue Growth (YoY)	2.5%
EPS Growth (YoY)	27.4%
FCF Growth (YoY)	-17.6%

Valuation vs Sector & Industry
Stock P/E	13.0
Sector P/E (Financials)	15.1
Industry P/E (Banking)	12.9
vs Sector	-14.2%
vs Industry	0.6%

Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional Holder	FMR LLC ($137.40M)
Institutional Holders Tracked	10

Company
Sector	Financials
Industry	Banking
CEO	Richard Smith
Employees	1,194
Country	US
IPO Date	1993-04-20

Related Companies (Business model: Universal / Commercial Bank; 8 closest by market cap; US-domiciled)

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.