Trico Bancshares - Understand $tcbk stock

$TCBK Market Cap: $1.579 Billion

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Financial Snapshot

Revenue

$38.22M

TTM

Gross Margin

Net Earnings

$111.9M

TTM

Current Assets

Current Liabilities

$305.1M

Q3 2024

Current Ratio

Total Assets

$9.824B

Q3 2024

Total Liabilities

$8.585B

Q3 2024

Book Value

$1.239B

Q3 2024

Cash

$320.1M

Q3 2024

P/E

14.11

Nov 13, 2024 EST

Free Cash Flow

$90.38M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991
Revenue	$50.09M	$49.77M	$277.0M	$267.2M	$272.4M	$228.2M	$181.4M	$173.7M	$161.4M	$121.1M	$106.6M	$108.7M	$103.0M
YoY Change	0.65%	-82.04%	3.69%	-1.93%	19.38%	25.81%	4.43%	7.62%	33.27%	13.66%	-1.98%	5.57%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Revenue	$50.09M	$49.77M	$277.0M	$267.2M	$272.4M	$228.2M	$181.4M	$173.7M	$161.4M	$121.1M	$106.6M	$108.7M	$103.0M
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$12.48M	$12.35M	$11.90M	$12.20M	$12.60M	$10.50M	$8.200M	$7.900M	$7.100M	$6.100M	$4.800M	$4.500M	$3.500M	$3.800M	$3.700M	$3.900M	$4.200M	$5.100M	$5.200M	$4.800M	$4.300M	$3.500M	$3.600M	$3.600M	$3.700M	$3.900M	$3.700M	$1.800M	$1.600M	$1.700M	$1.000M	$1.100M	$1.100M
YoY Change	1.12%	3.75%	-2.46%	-3.17%	20.0%	28.05%	3.8%	11.27%	16.39%	27.08%	6.67%	28.57%	-7.89%	2.7%	-5.13%	-7.14%	-17.65%	-1.92%	8.33%	11.63%	22.86%	-2.78%	0.0%	-2.7%	-5.13%	5.41%	105.56%	12.5%	-5.88%	70.0%	-9.09%	0.0%	-8.33%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Interest Expense	$81.68M	$9.529M	$5.508M	$9.457M	$15.38M	$12.87M	$6.798M	$5.721M	$5.416M	$4.681M	$4.696M	$7.344M	$10.24M
YoY Change	757.14%	73.0%	-41.76%	-38.49%	19.45%	89.35%	18.83%	5.63%	15.7%	-0.32%	-36.06%	-28.27%
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991
Pretax Income	$160.9M	$173.9M	$163.7M	$87.35M	$126.8M	$93.35M	$77.51M	$72.52M	$72.71M	$44.62M	$45.80M	$31.93M	$29.78M	$8.500M	$15.10M	$27.00M	$42.30M	$44.10M	$38.80M	$32.60M	$27.00M	$22.20M	$19.70M	$19.90M	$17.90M	$13.80M	$9.600M	$12.30M	$12.00M	$10.20M	$11.60M	$10.10M	$7.900M
YoY Change	-7.48%	6.23%	87.41%	-31.12%	35.85%	20.44%	6.88%	-0.26%	62.98%	-2.59%	43.45%	7.22%	250.38%	-43.71%	-44.07%	-36.17%	-4.08%	13.66%	19.02%	20.74%	21.62%	12.69%	-1.01%	11.17%	29.71%	43.75%	-21.95%	2.5%	17.65%	-12.07%	14.85%	27.85%	102.56%
Income Tax	$43.52M	$48.49M	$46.05M	$22.54M	$34.75M	$25.03M	$36.96M	$27.71M	$28.90M	$18.51M	$18.41M	$12.94M	$11.19M	$2.500M	$5.200M	$10.20M	$16.60M	$17.30M	$15.20M	$12.50M	$10.10M	$8.100M	$7.300M	$7.200M	$6.500M	$5.000M	$3.700M	$5.000M	$4.900M	$4.400M	$4.800M	$4.100M	$3.000M
% Of Pretax Income	27.04%	27.88%	28.13%	25.8%	27.4%	26.81%	47.68%	38.21%	39.74%	41.48%	40.18%	40.52%	37.58%	29.41%	34.44%	37.78%	39.24%	39.23%	39.18%	38.34%	37.41%	36.49%	37.06%	36.18%	36.31%	36.23%	38.54%	40.65%	40.83%	43.14%	41.38%	40.59%	37.97%
Net Earnings	$117.4M	$125.4M	$117.7M	$64.81M	$92.07M	$68.32M	$40.55M	$44.81M	$43.82M	$26.11M	$27.40M	$18.99M	$18.59M	$6.000M	$10.00M	$16.80M	$25.70M	$26.80M	$23.70M	$20.20M	$16.90M	$14.10M	$12.40M	$12.60M	$11.40M	$8.800M	$5.900M	$7.300M	$7.000M	$5.900M	$6.800M	$6.000M	$4.800M
YoY Change	-6.4%	6.6%	81.53%	-29.61%	34.77%	68.47%	-9.5%	2.27%	67.83%	-4.71%	44.25%	2.17%	209.83%	-40.0%	-40.48%	-34.63%	-4.1%	13.08%	17.33%	19.53%	19.86%	13.71%	-1.59%	10.53%	29.55%	49.15%	-19.18%	4.29%	18.64%	-13.24%	13.33%	25.0%	84.62%
Net Earnings / Revenue	234.37%	252.02%	42.47%	24.26%	33.79%	29.94%	22.36%	25.8%	27.15%	21.56%	25.71%	17.47%	18.05%
Basic Earnings Per Share	$3.53	$3.85	$3.96	$2.17	$3.02	$2.57	$1.77	$1.96	$1.93	$1.47	$1.71	$1.19	$1.17
Diluted Earnings Per Share	$3.52	$3.833M	$3.94	$2.16	$3.00	$2.54	$1.74	$1.94	$1.91	$1.46	$1.69	$1.18	$1.16	$375.0K	$625.0K	$1.043M	$1.567M	$1.634M	$1.454M	$1.239M	$1.070M	$979.2K	$861.1K	$857.1K	$780.8K	$602.7K	$406.9K	$517.7K	$500.0K	$424.5K	$515.2K	$560.7K	$452.8K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment	$97.48M	$99.19M	$104.4M	$111.6M	$115.0M	$89.30M	$57.70M	$48.40M	$43.80M	$43.50M	$31.60M	$27.00M	$19.90M	$19.10M	$18.70M	$18.80M	$20.50M	$21.80M	$21.30M	$19.90M	$19.50M	$17.20M	$16.50M	$16.80M	$16.00M	$16.10M	$18.90M	$14.70M	$13.20M	$13.20M	$12.40M	$9.100M	$9.200M
YoY Change	-1.72%	-4.99%	-6.45%	-2.96%	28.78%	54.77%	19.21%	10.5%	0.69%	37.66%	17.04%	35.68%	4.19%	2.14%	-0.53%	-8.29%	-5.96%	2.35%	7.04%	2.05%	13.37%	4.24%	-1.79%	5.0%	-0.62%	-14.81%	28.57%	11.36%	0.0%	6.45%	36.26%	-1.09%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$124.3M	$139.2M	$36.80M	$31.20M	$19.10M	$26.10M	$21.70M	$36.20M	$36.40M	$37.70M	$26.80M	$28.90M	$27.80M	$28.00M	$22.50M							$8.400M	$9.300M	$8.400M	$10.80M	$5.800M	$4.100M	$4.300M	$3.100M	$5.400M	$2.700M	$1.600M	$1.400M
YoY Change	-10.67%	278.2%	17.95%	63.35%	-26.82%	20.28%	-40.06%	-0.55%	-3.45%	40.67%	-7.27%	3.96%	-0.71%	24.44%								-9.68%	10.71%	-22.22%	86.21%	41.46%	-4.65%	38.71%	-42.59%	100.0%	68.75%	14.29%
Total Long-Term Assets
YoY Change
Total Assets	$9.910B	$9.931B	$8.615B	$7.640B	$6.471B	$6.352B	$4.761B	$4.518B	$4.221B	$3.917B	$2.744B	$2.609B	$2.556B	$2.190B	$2.171B	$2.043B	$1.981B	$1.920B	$1.841B	$1.628B	$1.469B	$1.145B	$1.005B	$972.1M	$924.8M	$904.6M	$826.2M	$694.9M	$603.6M	$593.8M	$575.9M	$434.5M	$384.5M
YoY Change
Accounts Payable	$8.445M	$1.167M	$900.0K	$1.400M	$2.400M	$2.000M	$900.0K	$800.0K	$800.0K	$1.000M	$900.0K	$1.000M	$1.700M	$2.200M	$3.600M	$6.100M	$7.900M	$7.500M	$4.500M	$3.300M	$2.600M	$2.900M	$3.500M	$5.200M	$4.200M	$3.900M	$4.000M	$3.000M	$3.200M	$1.800M	$1.700M	$800.0K	$2.300M
YoY Change	623.65%	29.67%	-35.71%	-41.67%	20.0%	122.22%	12.5%	0.0%	-20.0%	11.11%	-10.0%	-41.18%	-22.73%	-38.89%	-40.98%	-22.78%	5.33%	66.67%	36.36%	26.92%	-10.34%	-17.14%	-32.69%	23.81%	7.69%	-2.5%	33.33%	-6.25%	77.78%	5.88%	112.5%	-65.22%
Accrued Expenses	$28.26M	$29.00M	$26.30M	$28.00M	$27.50M		$13.20M	$12.20M
YoY Change	-2.56%	10.28%	-6.07%	1.82%			8.2%
Deferred Revenue
YoY Change
Short-Term Debt	$632.6M	$264.6M	$50.10M	$26.90M	$18.50M	$15.80M	$17.40M	$17.50M	$12.30M	$9.300M	$6.300M				$50.00M	$50.00M	$106.0M	$60.50M	$96.80M	$46.40M	$39.50M		$0.00	$500.0K	$0.00	$14.00M	$15.30M	$4.900M	$0.00	$30.50M	$0.00	$0.00	$0.00
YoY Change	139.07%	428.15%	86.25%	45.41%	17.09%	-9.2%	-0.57%	42.28%	32.26%	47.62%					0.0%	-52.83%	75.21%	-37.5%	108.62%	17.47%			-100.0%		-100.0%	-8.5%	212.24%		-100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$669.3M	$30.17M	$27.20M	$29.40M	$29.90M	$2.000M	$14.10M	$13.00M	$800.0K	$1.000M	$900.0K	$1.000M	$1.700M	$2.200M	$3.600M	$6.100M	$7.900M	$7.500M	$4.500M	$3.300M	$2.600M	$2.900M	$3.500M	$5.200M	$4.200M	$3.900M	$4.000M	$3.000M	$3.200M	$1.800M	$1.700M	$800.0K	$2.300M
YoY Change	2118.32%	10.92%	-7.48%	-1.67%	1395.0%	-85.82%	8.46%	1525.0%	-20.0%	11.11%	-10.0%	-41.18%	-22.73%	-38.89%	-40.98%	-22.78%	5.33%	66.67%	36.36%	26.92%	-10.34%	-17.14%	-32.69%	23.81%	7.69%	-2.5%	33.33%	-6.25%	77.78%	5.88%	112.5%	-65.22%
Long-Term Debt	$101.1M	$101.0M	$58.10M	$57.60M	$57.20M	$57.00M	$56.90M	$56.70M	$56.50M	$56.30M	$41.20M	$50.40M	$113.8M	$103.3M	$58.00M	$92.20M	$84.90M	$58.60M	$50.10M	$46.90M	$21.00M	$400.0K	$500.0K	$500.0K	$500.0K	$500.0K	$500.0K	$600.0K	$600.0K	$18.50M	$7.100M	$900.0K	$1.000M
YoY Change	0.06%	73.91%	0.87%	0.7%	0.35%	0.18%	0.35%	0.35%	0.36%	36.65%	-18.25%	-55.71%	10.16%	78.1%	-37.09%	8.6%	44.88%	16.97%	6.82%	123.33%	5150.0%	-20.0%	0.0%	0.0%	0.0%	0.0%	-16.67%	0.0%	-96.76%	160.56%	688.89%	-10.0%
Other Long-Term Liabilities	$146.0M	$159.7M	$112.1M	$94.60M	$92.00M	$83.70M	$53.20M	$57.90M	$67.80M	$51.30M	$34.10M	$38.70M	$33.20M	$31.80M	$29.80M	$26.60M	$25.30M	$24.70M	$21.10M	$21.50M	$18.30M	$14.50M	$11.70M	$9.300M	$7.900M	$7.600M	$6.200M	$6.200M	$4.700M	$3.700M	$4.000M	$2.000M	$2.100M
YoY Change	-8.61%	42.5%	18.5%	2.83%	9.92%	57.33%	-8.12%	-14.6%	32.16%	50.44%	-11.89%	16.57%	4.4%	6.71%	12.03%	5.14%	2.43%	17.06%	-1.86%	17.49%	26.21%	23.93%	25.81%	17.72%	3.95%	22.58%	0.0%	31.91%	27.03%	-7.5%	100.0%	-4.76%
Total Long-Term Liabilities	$247.1M	$260.8M	$170.2M	$152.2M	$149.2M	$140.7M	$110.1M	$114.6M	$124.3M	$107.6M	$75.30M	$89.10M	$147.0M	$135.1M	$87.80M	$118.8M	$110.2M	$83.30M	$71.20M	$68.40M	$39.30M	$14.90M	$12.20M	$9.800M	$8.400M	$8.100M	$6.700M	$6.800M	$5.300M	$22.20M	$11.10M	$2.900M	$3.100M
YoY Change	-5.25%	53.22%	11.83%	2.01%	6.04%	27.79%	-3.93%	-7.8%	15.52%	42.9%	-15.49%	-39.39%	8.81%	53.87%	-26.09%	7.8%	32.29%	16.99%	4.09%	74.05%	163.76%	22.13%	24.49%	16.67%	3.7%	20.9%	-1.47%	28.3%	-76.13%	100.0%	282.76%	-6.45%
Total Liabilities	$8.750B	$8.885B	$7.615B	$6.714B	$5.565B	$5.525B	$4.256B	$4.041B	$3.769B	$3.498B	$2.493B	$2.380B	$2.339B	$1.989B	$1.970B	$1.845B	$1.792B	$1.751B	$1.692B	$1.489B	$1.341B	$1.046B	$918.5M	$886.8M	$851.7M	$832.6M	$761.0M	$634.1M	$550.3M	$545.6M	$528.8M	$403.0M	$354.1M
YoY Change	-1.51%	16.68%	13.41%	20.66%	0.71%	29.83%	5.32%	7.22%	7.73%	40.32%	4.76%	1.74%	17.58%	0.99%	6.75%	2.99%	2.35%	3.47%	13.59%	11.08%	28.23%	13.84%	3.57%	4.12%	2.29%	9.41%	20.01%	15.23%	0.86%	3.18%	31.22%	13.81%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Basic Shares Outstanding	33.26M shares	32.58M shares	29.72M shares	29.92M shares	30.48M shares	26.59M shares	22.91M shares	22.81M shares	22.75M shares	17.72M shares	16.05M shares	15.99M shares	15.94M shares
Diluted Shares Outstanding	33.36M shares	32.72M shares	29.88M shares	30.03M shares	30.65M shares	26.88M shares	23.25M shares	23.09M shares	23.00M shares	17.92M shares	16.20M shares	16.05M shares	16.00M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $1.579 Billion

About Trico Bancshares

TriCo Bancshares is a bank holding company, which engages in the provision of banking services to retail customers and small to medium-sized businesses. The company is headquartered in Chico, California and currently employs 1,207 full-time employees. The Company’s principal business is to serve as the holding company for its subsidiary, Tri Counties Bank, a California-chartered commercial bank (the Bank). In addition, the Company has five capital trusts, which are all wholly owned trust subsidiaries formed for the purpose of issuing trust preferred securities (Trust Preferred Securities) and lending the proceeds to the Company. The Bank provides 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. Brokerage services are provided at the Bank’s offices by Tri Counties Wealth Management Advisors. The Bank offers a variety of banking and financial services to both personal, small business and commercial customers.

Industry: State Commercial Banks Peers: Hilltop Holdings Inc Hope Bancorp Inc Eagle Bancorp Inc Enterprise Financial Services Corp Live Oak Bancshares Inc NBT Bancorp Inc PNC Financial Services Group Inc Sandy Spring Bancorp Inc Veritex Holdings Inc Westamerica Bancorp