Established in 1975, Tri Counties Bank is a wholly-owned subsidiary of TriCo Bancshares headquartered in Chico, California, providing a unique brand of customer Service with Solutions available in traditional stand-alone and in-store bank branches in communities throughout Northern and Central California. Tri Counties Bank provides an extensive and competitive breadth of consumer, small business and commercial banking financial services, along with convenient around-the-clock ATM, online and mobile banking access. Brokerage services are provided by Tri Counties Advisors through affiliation with Raymond James Financial Services, Inc.

Company profile
Ticker
TCBK
Exchange
Website
CEO
Richard P. Smith
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
TRICO BANCSHARES
SEC CIK
Corporate docs
IRS number
942792841
TCBK stock data
News
Piper Sandler Maintains Overweight on TriCo, Raises Price Target to $52
17 May 22
Analyst Ratings for TriCo
11 May 22
Benzinga's Top Ratings Upgrades, Downgrades For May 11, 2022
11 May 22
Stephens & Co. Upgrades TriCo to Overweight, Raises Price Target to $48
11 May 22
Stephens & Co. Maintains Equal-Weight on TriCo, Raises Price Target to $46
4 May 22
Press releases
TriCo Bancshares Announces First Quarter 2022 Results
28 Apr 22
TriCo Bancshares Completes Merger with Valley Republic Bancorp, Appoints New Director and Resumes Stock Repurchase Program
28 Mar 22
TriCo Bancshares and Valley Republic Bancorp Announce Receipt of Regulatory Approvals for Merger
1 Mar 22
TriCo Bancshares Announces Quarterly Cash Dividend
1 Mar 22
Analyst ratings and price targets
Current price
Average target
$48.25
Low target
$44.00
High target
$52.00
Piper Sandler
Maintains
$52.00
Stephens & Co.
Upgraded
$48.00
Janney Montgomery Scott
Upgraded
$49.00
Raymond James
Maintains
$44.00
Calendar
9 May 22
20 May 22
31 Dec 22
Financial summary
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Diluted EPS |
Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
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Diluted EPS |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
17 May 22 | Giese Cory W | Common Stock | Sell | Dispose S | Yes | No | 42 | 2,500 | 105K | 41,848 |
17 May 22 | Giese Cory W | Common Stock | Sell | Dispose S | No | No | 42 | 2,500 | 105K | 9,503.47 |
6 May 22 | Leggio Anthony L. | Common Stock | Other | Acquire J | Yes | No | 0 | 0 | 0 | 31,065 |
5 May 22 | Leggio Anthony L. | Common Stock | Buy | Acquire P | Yes | No | 40.44 | 188 | 7.6K | 75,000.5 |
3 May 22 | Leggio Anthony L. | Common Stock | Buy | Acquire P | No | No | 39.69 | 1,575 | 62.51K | 108,596.95 |
3 May 22 | Leggio Anthony L. | Common Stock | Buy | Acquire P | No | No | 39.66 | 13 | 515.58 | 107,021.95 |
8 Apr 22 | Hasbrook John S A | Common Stock | Option exercise | Acquire M | No | No | 15.34 | 4,000 | 61.36K | 52,991.84 |
8 Apr 22 | Hasbrook John S A | Option Common Stock Common Stock | Option exercise | Dispose M | No | No | 15.34 | 4,000 | 61.36K | 4,000 |
8 Apr 22 | Compton Craig S | Common Stock | Payment of exercise | Acquire F | No | No | 37.74 | 1,625 | 61.33K | 167,470 |
8 Apr 22 | Compton Craig S | Common Stock | Option exercise | Acquire M | No | No | 15.34 | 4,000 | 61.36K | 169,095 |
Institutional ownership, Q1 2022
55.7% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 144 |
Opened positions | 16 |
Closed positions | 15 |
Increased positions | 49 |
Reduced positions | 55 |
13F shares | Current |
---|---|
Total value | 1.04B |
Total shares | 18.86M |
Total puts | 0 |
Total calls | 0 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
FMR | 2.69M | $107.65M |
BLK Blackrock | 2.26M | $90.5M |
Vanguard | 1.42M | $56.77M |
Dimensional Fund Advisors | 1.27M | $50.82M |
BEN Franklin Resources | 1.24M | $49.44M |
GS Goldman Sachs | 990.58K | $39.65M |
STT State Street | 817.17K | $32.71M |
Alliancebernstein | 816.84K | $32.7M |
Davis Capital Partners | 702.1K | $28.11M |
Geode Capital Management | 494.84K | $19.81M |
Financial report summary
?Management Discussion
- Average balances, including balances used in calculating certain financial ratios, are generally comprised of average daily balances for the Company.
- income, net interest income, net interest yield, and efficiency ratio are generally presented on a fully tax-equivalent (FTE) basis. The Company believes
- the use of these non-generally accepted accounting principles (non-GAAP) measures provides additional clarity in assessing its results.
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. sophomore Bad
|
New words:
AFS, ASC, beneficial, blended, block, CA, cautiously, commodity, confidence, conflict, counter, debenture, dollar, enhancing, entirety, entity, espionage, extinguishment, factor, feedback, flattening, floating, Fresno, geopolitical, goodwill, instability, invaded, inversion, led, listing, magnify, makeup, military, online, overlapping, party, PCD, portal, refinancing, relocated, replace, reprice, repricing, resumption, Russian, shift, staffing, sum, sustained, tied, transitory, Ukraine, Vintage, volatility, VRB, war
Removed:
accepting, acquire, Aid, amending, authorization, base, clarifying, conclude, concurrence, confirmation, considerable, contemplated, COVID, cumulative, customer, Department, depressed, earlier, emergency, enacted, encouraging, expire, faith, floor, good, hardship, housing, implemented, incurred, Interagency, introduce, January, judgement, legislation, likewise, long, low, medium, national, neutral, NPA, October, originally, passage, President, pressure, prolonged, promote, promoted, prudently, rapidly, ratably, receipt, recessionary, reclassification, reduction, reflected, removing, resource, restructuring, retraction, simplification, simplified, Simplifying, streamlined, suspend, treated, uncertainty, work
Financial reports
Current reports
8-K
Trico Bancshares Announces First Quarter 2022 Results
28 Apr 22
8-K
TriCo Bancshares Completes Merger with Valley Republic Bancorp, Appoints New Director and Resumes Stock Repurchase Program
28 Mar 22
8-K
Announce Receipt of Regulatory Approvals for Merger
1 Mar 22
8-K
Trico Bancshares Announces Quarterly Cash Dividend
1 Mar 22
8-K
Trico Bancshares Announces Annual and Quarterly Results
25 Jan 22
8-K
Trico Bancshares Announces Appointment to Its Board of Directors
24 Jan 22
8-K
Departure of Directors or Certain Officers
6 Jan 22
8-K
Other Events
22 Dec 21
8-K
Trico Bancshares Announces Quarterly Cash Dividend
19 Nov 21
8-K
Trico Bancshares Announces Quarterly Results
25 Oct 21
Registration and prospectus
S-4/A
Registration of securities issued in business combination transactions (amended)
27 Oct 21
S-4
Registration of securities issued in business combination transactions
19 Oct 21
425
Business combination disclosure
28 Jul 21
S-3ASR
Automatic shelf registration
3 Jun 20
RW
Registration withdrawal request
3 Jun 20
S-3
Shelf registration
2 Jun 20
S-8
Registration of securities for employees
5 Mar 20
425
Business combination disclosure
6 Jun 18
425
Business combination disclosure
31 May 18
425
Business combination disclosure
23 May 18
Other
EFFECT
Notice of effectiveness
28 Oct 21
CORRESP
Correspondence with SEC
24 Oct 21
UPLOAD
Letter from SEC
20 Oct 21
EFFECT
Notice of effectiveness
18 Apr 18
CORRESP
Correspondence with SEC
16 Apr 18
UPLOAD
Letter from SEC
27 Mar 18
EFFECT
Notice of effectiveness
26 Jun 14
UPLOAD
Letter from SEC
20 Oct 09
CORRESP
Correspondence with SEC
30 Sep 09
CORRESP
Correspondence with SEC
13 Sep 09
Ownership
4
TRICO BANCSHARES / Cory W Giese ownership change
19 May 22
4
TRICO BANCSHARES / Anthony L. Leggio ownership change
6 May 22
4
TRICO BANCSHARES / CRAIG S COMPTON ownership change
11 Apr 22
4
TRICO BANCSHARES / John S A Hasbrook ownership change
11 Apr 22
3
TRICO BANCSHARES / Anthony L. Leggio ownership change
5 Apr 22
4
TRICO BANCSHARES / Cory W Giese ownership change
25 Mar 22
4
TRICO BANCSHARES / CRAIG B CARNEY ownership change
28 Feb 22
4
TRICO BANCSHARES / Gregory A Gehlmann ownership change
28 Feb 22
4
TRICO BANCSHARES / DANIEL K BAILEY ownership change
28 Feb 22
4
TRICO BANCSHARES / John Fleshood ownership change
28 Feb 22
Patents
Utility
Fuel pump assembly
1 Jun 21
A pump assembly for a fluid tank extends along a longitudinal axis and includes a cover at an external end, the cover including a flange that extends radially outward of the longitudinal axis, an insertable end opposite the external end along the longitudinal axis, and a rotatable arm that is flexible such that, when the rotatable arm is resiliently bent such that the rotatable arm has a radial extent, from the longitudinal axis, that is less than the flange, the sender assembly is in a compact state in which the insertable end and the flange would be able to move straight along the longitudinal axis, which is coaxial with a center axis of an opening of the fluid tank, from a position where the insertable end initially enters the opening to a position where the flange engages the fluid tank.
Utility
Apparatus and Methods for Lubricant Filtration and Drum Pump Filtration System
16 Dec 20
A lubricant filtration assembly is provided for quick attachment with a lubricant reservoir, for pre-filtering lubricant and pumping the lubricant to its intended destination.
Utility
Fuel pump assembly
14 Dec 20
A sender assembly that has a compact state, which may allow a pump assembly including the sender assembly to be easily inserted into an opening of a fluid tank.
Utility
Apparatuses, systems, and methods for determining fluid levels in objects
10 Aug 20
A fluid level determining system is for determining a fluid level of a fluid in a reservoir having an interior surface and an opposite, exterior surface.
Utility
Fuel Pump Assembly
3 Jun 20
A pump assembly for a fluid tank extends along a longitudinal axis and includes a cover at an external end, the cover including a flange that extends radially outward of the longitudinal axis, an insertable end opposite the external end along the longitudinal axis, and a rotatable arm that is flexible such that, when the rotatable arm is resiliently bent such that the rotatable arm has a radial extent, from the longitudinal axis, that is less than the flange, the sender assembly is in a compact state in which the insertable end and the flange would be able to move straight along the longitudinal axis, which is coaxial with a center axis of an opening of the fluid tank, from a position where the insertable end initially enters the opening to a position where the flange engages the fluid tank.
Reddit threads
Daily Discussion Thread - April 27th, 2022
27 Apr 22
Daily Discussion Thread - April 26th, 2022
26 Apr 22
Daily Discussion Thread - April 25th, 2022
25 Apr 22
Daily Discussion Thread - March 10th, 2022
10 Mar 22
Daily Discussion Thread - March 9th, 2022
9 Mar 22
Daily Discussion Thread - March 8th, 2022
8 Mar 22
Daily Discussion Thread - March 7th, 2022
7 Mar 22
Daily Discussion Thread - January 26th, 2022
26 Jan 22
Daily Discussion Thread - January 25th, 2022
25 Jan 22
Daily Discussion Thread - January 24th, 2022
24 Jan 22