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
Analyst ratings and price targets
Latest filings (excl ownership)
8-K
Trico Bancshares Announces Quarterly Cash Dividend
6 Mar 23
10-K
2022 FY
Annual report
1 Mar 23
8-K
Regulation FD Disclosure
14 Feb 23
8-K
Trico Bancshares Announces Fourth Quarter 2022 Results
25 Jan 23
8-K
Departure of Directors or Certain Officers
28 Dec 22
8-K
Trico Bancshares Announces Quarterly Cash Dividend
21 Nov 22
10-Q
2022 Q3
Quarterly report
8 Nov 22
8-K
Trico Bancshares Announces Third Quarter 2022 Results
25 Oct 22
8-K
Trico Bancshares Increases and Announces Quarterly Cash Dividend
29 Aug 22
10-Q
2022 Q2
Quarterly report
8 Aug 22
Financial summary
| Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
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| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
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| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 107.23 mm | 107.23 mm | 107.23 mm | 107.23 mm | 107.23 mm | 107.23 mm |
| Cash burn (monthly) | 46.43 mm | 55.10 mm | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 127.90 mm | 151.79 mm | n/a | n/a | n/a | n/a |
| Cash remaining | -20.67 mm | -44.56 mm | n/a | n/a | n/a | n/a |
| Runway (months of cash) | -0.4 | -0.8 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2022
60.2% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 149 |
| Opened positions | 24 |
| Closed positions | 17 |
| Increased positions | 41 |
| Reduced positions | 55 |
| 13F shares | Current |
|---|---|
| Total value | 953.45 bn |
| Total shares | 20.06 mm |
| Total puts | 100.00 |
| Total calls | 2.40 k |
| Total put/call ratio | 0.0 |
| Largest owners | Shares | Value |
|---|---|---|
| FMR | 2.98 mm | $152.04 bn |
| BLK Blackrock | 2.28 mm | $116.05 bn |
| Vanguard | 1.64 mm | $83.70 bn |
| Dimensional Fund Advisors | 1.28 mm | $65.44 mm |
| BEN Franklin Resources | 1.14 mm | $58.20 bn |
| Davis Asset Management | 1.00 mm | $51.03 bn |
| Alliancebernstein | 940.33 k | $47.95 bn |
| Manufacturers Life Insurance Company, The | 858.97 k | $43.80 bn |
| STT State Street | 835.90 k | $42.62 bn |
| GS Goldman Sachs | 637.15 k | $32.49 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 24 Feb 23 | Bailey Daniel K | Common Stock | Other | Acquire J | Yes | No | 0 | 0 | 0.00 | 9,199.45 |
| 24 Feb 23 | Bailey Daniel K | Common Stock | Payment of exercise | Dispose F | No | No | 50.14 | 1,967 | 98.63 k | 47,545.96 |
| 24 Feb 23 | Bailey Daniel K | Common Stock | Option exercise | Acquire M | No | No | 0 | 3,248 | 0.00 | 49,512.96 |
| 24 Feb 23 | Bailey Daniel K | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 3,248 | 0.00 | 7,851 |
| 24 Feb 23 | Carney Craig B | Common Stock | Other | Acquire J | Yes | No | 0 | 0 | 0.00 | 149.82 |
| 24 Feb 23 | Carney Craig B | Common Stock | Other | Acquire J | Yes | No | 0 | 0 | 0.00 | 17,124.81 |
| 24 Feb 23 | Carney Craig B | Common Stock | Payment of exercise | Dispose F | No | No | 50.14 | 1,972 | 98.88 k | 27,718 |
| 24 Feb 23 | Carney Craig B | Common Stock | Option exercise | Acquire M | No | No | 0 | 3,248 | 0.00 | 29,690 |
| 24 Feb 23 | Carney Craig B | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 3,248 | 0.00 | 7,635 |
| 24 Feb 23 | Fleshood John | Common Stock | Other | Acquire J | Yes | No | 0 | 0 | 0.00 | 1,115.52 |