Equity to Asset ratio is calculated as total stockholders equity divided by total asset. TriCo Bancshares's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,159.7 Mil. TriCo Bancshares's Total Assets for the quarter that ended in Dec. 2023 was $9,910.1 Mil.
Therefore, TriCo Bancshares's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.12.
The historical rank and industry rank for TriCo Bancshares's Equity-to-Asset or its related term are showing as below:
TCBK'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.11 Med: 0.11 Max: 0.14
Current: 0.12
During the past 13 years, the highest Equity to Asset Ratio of TriCo Bancshares was 0.14. The lowest was 0.11. And the median was 0.11.
TCBK's Equity-to-Asset is ranked better than 75.38% of 1466
companies
in the Banks industry
Industry Median: 0.09
vs TCBK: 0.12
TriCo Bancshares Equity-to-Asset Historical Data
The historical data trend for TriCo Bancshares's Equity-to-Asset 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.
Competitive Comparison of TriCo Bancshares's Equity-to-Asset
For the Banks - Regional subindustry, TriCo Bancshares's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset Distribution in the Banks Industry
For the Banks industry and Financial Services sector, TriCo Bancshares's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where TriCo Bancshares's Equity-to-Asset falls into.
TriCo Bancshares Equity-to-Asset Calculation
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
TriCo Bancshares's Equity to Asset Ratio 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.
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
TriCo Bancshares Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of TriCo Bancshares's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
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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