Financial Comparison: TriCo Bancshares (TCBK) & Its Peers

TriCo Bancshares (NASDAQ:TCBK) is one of 919 public companies in the “Banks” industry, but how does it contrast to its competitors? We will compare TriCo Bancshares to similar companies based on the strength of its analyst recommendations, institutional ownership, earnings, risk, profitability, valuation and dividends.

Risk and Volatility

TriCo Bancshares has a beta of 0.67, meaning that its share price is 33% less volatile than the S&P 500. Comparatively, TriCo Bancshares’ competitors have a beta of 0.61, meaning that their average share price is 39% less volatile than the S&P 500.

Valuation and Earnings

This table compares TriCo Bancshares and its competitors gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
TriCo Bancshares	$538.91 million	$121.56 million	11.99
TriCo Bancshares Competitors	$223.74 billion	$2.42 billion	21.42

TriCo Bancshares’ competitors have higher revenue and earnings than TriCo Bancshares. TriCo Bancshares is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Profitability

This table compares TriCo Bancshares and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
TriCo Bancshares	25.10%	10.48%	1.41%
TriCo Bancshares Competitors	15.63%	9.41%	0.93%

Dividends

TriCo Bancshares pays an annual dividend of $1.44 per share and has a dividend yield of 2.8%. TriCo Bancshares pays out 33.4% of its earnings in the form of a dividend. As a group, “Banks” companies pay a dividend yield of 8.9% and pay out 28.9% of their earnings in the form of a dividend. TriCo Bancshares has raised its dividend for 12 consecutive years. TriCo Bancshares lags its competitors as a dividend stock, given its lower dividend yield and higher payout ratio.

Institutional & Insider Ownership

59.1% of TriCo Bancshares shares are owned by institutional investors. Comparatively, 48.0% of shares of all “Banks” companies are owned by institutional investors. 4.9% of TriCo Bancshares shares are owned by company insiders. Comparatively, 9.7% of shares of all “Banks” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Analyst Recommendations

This is a summary of recent ratings and price targets for TriCo Bancshares and its competitors, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
TriCo Bancshares	0	5	2	0	2.29
TriCo Bancshares Competitors	7494	30253	27860	1490	2.35

TriCo Bancshares presently has a consensus target price of $55.62, suggesting a potential upside of 7.63%. As a group, “Banks” companies have a potential upside of 14.37%. Given TriCo Bancshares’ competitors stronger consensus rating and higher possible upside, analysts clearly believe TriCo Bancshares has less favorable growth aspects than its competitors.

Summary

TriCo Bancshares competitors beat TriCo Bancshares on 10 of the 15 factors compared.

TriCo Bancshares Company Profile

TriCo Bancshares is a bank holding company whose principal subsidiary is Tri Counties Bank. The bank offers personal and business banking services, including checking and savings accounts, loans, credit cards, and online and mobile banking. For businesses, Tri Counties Bank provides commercial lending, deposit accounts, cash management, and related financial services. It also offers wealth management and trust services to individuals and organizations. Founded in 1975 and headquartered in Chico, California, Tri Counties Bank serves communities across Northern and Central California, including the Sacramento region and the Central Valley.