TriCo Bancshares's Total Assets for the quarter that ended in Dec. 2023 was $9,910.1 Mil.
Warning Sign:
If a company builds assets at 9.4% a year, faster than its revenue growth rate of 5.7% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, TriCo Bancshares's average Total Assets Growth Rate was 3.90% per year.
During the past 3 years, the average Total Assets Growth Rate was 11.30% per year.
During the past 5 years, the average Total Assets Growth Rate was 9.40% per year.
During the past 10 years, the average Total Assets Growth Rate was 12.00% per year.
During the past 13 years, TriCo Bancshares's highest 3-Year average Total Assets Growth Rate was 27.40%. The lowest was -7.00%. And the median was 10.35%.
The historical data trend for TriCo Bancshares's Total Assets can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.
TriCo Bancshares's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
TriCo Bancshares (NAS:TCBK) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Dec. 2023) data.
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Total Assets is linked to total revenue through Asset Turnover.
TriCo Bancshares's Asset Turnover for the quarter that ended in Dec. 2023 is
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.
TriCo Bancshares Total Assets Related Terms
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TriCo Bancshares (TriCo Bancshares) Business Description
TriCo Bancshares is a California corporation organized to act as a bank holding company for Tri Counties Bank. The Bank is a California-chartered bank that is engaged in the general commercial and retail banking business in California counties. The Bank provides a breadth of personal, small business and commercial financial services including accepting demand, savings and time deposits and making small business, commercial, real estate, and consumer loans, as well as a range of Treasury Management Services and other customary banking services including safe deposit boxes at some branches. The company's primary source of revenue is the net interest income.
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