TriCo Bancshares (TCBK) Files 10-K for the Fiscal Year Ended on December 31, 2018

TriCo Bancshares (TCBK, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. TriCo Bancshares is a bank holding company. The company offers banking services to retail customers and small to medium-sized businesses through its branch offices in Northern and Central California. TriCo Bancshares has a market cap of $1.23 billion; its shares were traded at around $40.36 with a P/E ratio of 15.91 and P/S ratio of 4.11. The dividend yield of TriCo Bancshares stocks is 1.73%.

For the last quarter TriCo Bancshares reported a revenue of $76.6 million, compared with the revenue of $57.57 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $264.6 million, an increase of 17.8% from last year. For the last five years TriCo Bancshares had an average revenue growth rate of 13.7% a year.

The reported diluted earnings per share was $2.52 for the year, an increase of 44.8% from previous year. Over the last five years TriCo Bancshares had an EPS growth rate of 7.5% a year. The profitability rank of the company is 3 (out of 10).

At the end of the fiscal year, TriCo Bancshares has the cash and cash equivalents of $227.5 million, compared with $205.4 million in the previous year. The long term debt was $72.9 million, compared with $179.0 million in the previous year. TriCo Bancshares has a financial strength rank of 5 (out of 10).

At the current stock price of $40.36, TriCo Bancshares is traded at 51.6% premium to its historical median P/S valuation band of $26.63. The P/S ratio of the stock is 4.11, while the historical median P/S ratio is 2.71. The stock gained 9.64% during the past 12 months.

Directors and Officers Recent Trades:

  • Director W Virginia Walker sold 3,632 shares of TCBK stock on 02/11/2019 at the average price of $37.62. The price of the stock has increased by 7.28% since.

For the complete 20-year historical financial data of TCBK, click here.