Trico Bancshares (TCBK)

Company Profile

established in 1975,tri counties bank is a wholly-owned subsidiary of trico bancshares (nasdaq:tcbk) 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. the 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. tri counties bank has remained strong and profitable through a top-down commitment to its core values, sound business principles and responsible lending practices. our success is also based on our involvement in the communities we serve. the personal touch comes naturally to tri counties bankers. you may recognize us at business, school and non-profit events, baseball games and local eateries, skiing in the mountains, boating on the lakes, and fishing the local stre

Company profile

Ticker

TCBK

Exchange

NASDAQ

Website

tcbk.com

CEO

Richard P. Smith

Incorporated

California

Location

California

Fiscal year end

Dec 31

Sector

Finance and Insurance > Commercial Banking

Industry (SIC)

State Commercial Banks

Bank Of New York Mellon • State Street • Fifth Third Bancorp • Citizens Financial • Northern Trust • M & T Bank • Ally Financial • Associated Banc-Corp. • SVB Financial • Commerce Bancshares ...

Former names

TRICO BANCSHARES

SEC CIK

0000356171

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

IRS number

942792841

TCBK stock data

1M 1Y 5Y

Latest filings (excl ownership)

View all

8-K

Trico Bancshares Announces Quarterly Cash Dividend

8 Nov 23

Trico Bancshares Announces Third Quarter 2023 Results

Trico Bancshares Announces Quarterly Cash Dividend

28 Aug 23

8-K/A

Submission of Matters to a Vote of Security Holders

7 Aug 23

Trico Bancshares Announces Second Quarter 2023 Results

26 Jul 23

S-3ASR

Automatic shelf registration

1 Jun 23

8-K

Amendments to Articles of Incorporation or Bylaws

23 May 23

Latest ownership filings

View all

Financial summary

Financial statements Chart TCBK financial data

Quarter (USD)	Sep 23	Jun 23	Mar 23	Dec 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 22	Dec 21	Dec 20	Dec 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
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)	111.10 mm	111.10 mm	111.10 mm	111.10 mm	111.10 mm	111.10 mm
Cash burn (monthly)	2.56 mm	11.28 mm	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	5.54 mm	24.37 mm	n/a	n/a	n/a	n/a
Cash remaining	105.56 mm	86.73 mm	n/a	n/a	n/a	n/a
Runway (months of cash)	41.2	7.7	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q3 2023

TCBK institutional ownership history Ownership history

61.6% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	131	134	-2.2%
Opened positions	14	12	+16.7%
Closed positions	17	25	-32.0%
Increased positions	54	45	+20.0%
Reduced positions	35	47	-25.5%

13F shares	Current	Prev Q	Change
Total value	654.98 bn	677.09 bn	-3.3%
Total shares	20.50 mm	20.76 mm	-1.3%
Total puts	100.00	0.00	NEW
Total calls	2.20 k	1.60 k	+37.5%
Total put/call ratio	0.0	–	–

Largest owners	Shares	Value	Change
FMR	2.99 mm	$95.78 bn	+0.2%
BLK Blackrock	2.29 mm	$73.32 bn	-2.0%
Vanguard	1.82 mm	$58.22 bn	-1.5%
BEN Franklin Resources	1.44 mm	$46.15 bn	0.0%
Dimensional Fund Advisors	1.35 mm	$43.24 bn	+3.7%
Davis Asset Management	1.02 mm	$32.70 bn	0.0%
Alliancebernstein	931.55 k	$29.84 bn	-1.1%
STT State Street	838.46 k	$26.86 bn	-4.0%
Manufacturers Life Insurance Company, The	748.44 k	$23.97 bn	-5.6%
Geode Capital Management	688.92 k	$22.07 bn	+3.5%

Largest transactions	Shares	Bought/sold	Change
Eagle Asset Management	0.00	-201.68 k	EXIT
San Luis Wealth Advisors	0.00	-153.64 k	EXIT
Deprince Race & Zollo	86.11 k	+86.11 k	NEW
Schroder Investment Management	282.82 k	+77.22 k	+37.6%
GS Goldman Sachs	584.42 k	-72.02 k	-11.0%
Dimensional Fund Advisors	1.35 mm	+48.23 k	+3.7%
FHI Federated Hermes	7.20 k	-47.02 k	-86.7%
Millennium Management	55.69 k	+46.13 k	+482.8%
BLK Blackrock	2.29 mm	-45.81 k	-2.0%
Manufacturers Life Insurance Company, The	748.44 k	-44.44 k	-5.6%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

TCBK insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
23 Oct 23	Bailey Daniel K	Common Stock	Other	Acquire J	Yes	No	0	0	0.00	10,008.94
23 Oct 23	Bailey Daniel K	Common Stock	Payment of exercise	Dispose F	No	No	30.74	610	18.75 k	51,315.41
23 Oct 23	Bailey Daniel K	Common Stock	Option exercise	Acquire M	No	No	0	1,064	0.00	51,925.41
23 Oct 23	Bailey Daniel K	RSU Common Stock	Option exercise	Dispose M	No	No	0	1,064	0.00	2,132
23 Oct 23	Carney Craig B	Common Stock	Other	Acquire J	Yes	No	0	0	0.00	153.67
23 Oct 23	Carney Craig B	Common Stock	Other	Acquire J	Yes	No	0	0	0.00	18,262.5
23 Oct 23	Carney Craig B	Common Stock	Payment of exercise	Dispose F	No	No	30.74	576	17.71 k	31,862
23 Oct 23	Carney Craig B	Common Stock	Option exercise	Acquire M	No	No	0	1,005	0.00	32,438
23 Oct 23	Carney Craig B	RSU Common Stock	Option exercise	Dispose M	No	No	0	1,005	0.00	2,013
23 Oct 23	Fleshood John	Common Stock	Other	Acquire J	Yes	No	0	0	0.00	1,509.25