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TriCo Bancshares (TriCo Bancshares) Pretax Margin % : 36.12% (As of Dec. 2023)


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What is TriCo Bancshares Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. TriCo Bancshares's Pre-Tax Income for the three months ended in Dec. 2023 was $36.4 Mil. TriCo Bancshares's Revenue for the three months ended in Dec. 2023 was $100.8 Mil. Therefore, TriCo Bancshares's pretax margin for the quarter that ended in Dec. 2023 was 36.12%.

The historical rank and industry rank for TriCo Bancshares's Pretax Margin % or its related term are showing as below:

TCBK' s Pretax Margin % Range Over the Past 10 Years
Min: 28.39   Med: 36.43   Max: 49.7
Current: 37


TCBK's Pretax Margin % is ranked better than
63.72% of 1458 companies
in the Banks industry
Industry Median: 32.765 vs TCBK: 37.00

TriCo Bancshares Pretax Margin % Historical Data

The historical data trend for TriCo Bancshares's Pretax Margin % 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.

* Premium members only.

TriCo Bancshares Pretax Margin % Chart

TriCo Bancshares Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.53 28.39 49.70 43.20 39.14

TriCo Bancshares Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 46.53 32.65 40.99 36.12 38.27

Competitive Comparison of TriCo Bancshares's Pretax Margin %

For the Banks - Regional subindustry, TriCo Bancshares's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


TriCo Bancshares's Pretax Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, TriCo Bancshares's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where TriCo Bancshares's Pretax Margin % falls into.



TriCo Bancshares Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

TriCo Bancshares's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=160.905/411.13
=39.14 %

TriCo Bancshares's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=36.4/100.775
=36.12 %

* 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) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


TriCo Bancshares Pretax Margin % Related Terms

Thank you for viewing the detailed overview of TriCo Bancshares's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


TriCo Bancshares (TriCo Bancshares) Business Description

Traded in Other Exchanges
N/A
Address
63 Constitution Drive, Chico, CA, USA, 95973
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.
Executives
Giese Cory W director, officer: EVP Wholesale Banking 63 CONSTITUTION DRIVE, CHICO CA 95973
Michael W Koehnen director 63 CONSTITUTION DRIVE, CHICO CA 95973
Anthony L. Leggio director 11601 BOLTHOUSE DRIVE. SUITE 200, BAKERSFIELD CA 93311
Jon Nakamura director 63 CONSTITUTION DRIVE, CHICO CA 95973
Richard P Smith director, officer: President & CEO 63 CONSTITUTION DRIVE, CHICO CA 95973
W Virginia Walker director, officer: EVP Wholesale Banking 63 CONSTITUTION DRIVE, CHICO CA 95973
Judi Giem officer: Chief Human Resource Officer 63 CONSTITUTION DRIVE, CHICO CA 95973
Margaret L Kane director 63 CONSITUTION DIVE, CHICO CA 95973
Kirsten E Garen director 63 CONSTITUTION DRIVE, CHICO CA 95973
Kimberley H Vogel director 63 CONSTITUTION DRIVE, CHICO CA 95973
Craig B Carney other: SR VP/Cheif Credit Officer 63 CONSTITUTION DR, CHICO CA 95973
Peter G Wiese officer: EVP/Chief Financial Officer 63 CONSTITUTION DR, CHICO CA 95973
Thomas G Atwood director
Thomas C Mcgraw director C/O FNB BANCORP, 975 EL CAMINO REAL, SOUTH SAN FRANCISCO CA 94080
Gregory A Gehlmann officer: SVP General Counsel TRICO BANCSHARES, 63 CONSTITUTION DRIVE, CHICO CA 95973