Chico, California, September 1, 2025
News Summary
TriCo Bancshares reported quarterly results that exceeded expectations, with GAAP EPS of $0.84 and revenue of $103.61 million. The company raised its quarterly cash dividend to $0.36 per share and attracted renewed analyst interest, producing an average recommendation of Moderate Buy and a $47.60 average 12‑month target. Management added a senior Head of Wholesale Banking to strengthen commercial and treasury capabilities. Key metrics include a market cap near $1.48 billion, a P/E around 13.36, and institutional ownership above 59%. Investors will watch upcoming revenue, EPS trends, loan growth and net interest margin for further signals.
TriCo Bancshares posts Q2 beat, raises dividend, draws mixed analyst upgrades and names new wholesale banking head
Quick takeaway: A regional California bank holding company reported stronger-than-expected second-quarter results, lifted its quarterly dividend, drew an overall Moderate Buy analyst consensus from covering firms, and hired a senior commercial banking executive to lead wholesale efforts.
Top details first
The company beat consensus on both profit and sales for the quarter. Reported earnings per share were $0.84, about $0.02 above the typical estimate, and revenue came in at $103.61 million, roughly $2.5 million higher than expected. The board approved a raise in the quarterly cash dividend to $0.36 per share, up from $0.33, payable in September. Analysts covering the stock now show an average recommendation of Moderate Buy, with three buy calls and two hold calls among five firms.
Price targets and ratings
Brokerage targets vary. The average 12-month target sits near $47.60. One firm raised its objective to $55.00 and assigned an overweight-type rating in late July. Other firms moved targets to the mid-$40s and offered outperform or neutral stances during the same period. The stock opened at $45.42 on the most recent Friday trading session. Over the past year the share range has been $35.20 to $51.06.
Financial and valuation snapshot
Market value stands near $1.48 billion. The price-to-earnings ratio is about 13.36, and the stock shows a beta of 0.64. Short-term and long-term moving averages sit roughly at $42.41 (50-day) and $40.95 (200-day). Key balance-sheet ratios include a low debt-to-equity of 0.09 and current and quick ratios both at 0.86. Profitability metrics for the quarter show return on equity near 8.99% and a net margin close to 21.11%.
Dividend and shareholder return
The quarterly dividend of $0.36 represents a yearly payout of $1.44 and a yield near 3.2% at recent prices. The new dividend is payable on September 19, 2025 to holders of record on September 5, 2025. This marks the 144th consecutive quarterly cash dividend and continues a long history of periodic increases. The payout ratio sits under 40%, leaving room for continued cash returns alongside business investment.
Recent operating trends
Revenue for the quarter grew about 5.9% year-over-year. Over the last five years the firm has posted a compound annual revenue growth rate near 5.4%, while the most recent two-year window showed a small annualized decline. Tangible book value per share has generally climbed, rising about 6.3% annually over five years and accelerating to roughly 12.3% annually in the last two years. Net interest income has been the primary revenue driver, accounting for a large share of total income historically.
Ownership and trading moves
Institutional investors hold a majority of shares, owning roughly 59.11% of outstanding stock. Several firms adjusted their stakes during the quarter. One new investor established a position worth about $242,000. A quantitative trading firm increased its holding by over 400% and now holds roughly 12,930 shares. Other asset managers and banks modestly increased positions, with holdings reported in the tens to hundreds of thousands of dollars.
Leadership hire and business focus
The company named a new Head of Wholesale Banking, an experienced lender who will oversee relationship teams across middle market, commercial, business banking, treasury management and merchant services. The executive joins with more than two decades of industry experience, prior roles in commercial lending and regional management, and background working with middle-market clients. The appointment is positioned to strengthen efforts across the company’s footprint and deepen coverage for commercial customers.
What the company does
The bank holding company operates a regional community bank that offers deposit products, consumer and commercial loans, real estate and construction lending, auto and personal loans, and small-business services. The bank supports online and mobile channels and offers a wide ATM network. Assets are reported near $10 billion, reflecting a mid-sized regional franchise with a broad service mix.
Bottom line
The quarter’s earnings beat and the dividend increase underline steady profitability and a desire to return cash to shareholders. Analyst sentiment is mildly positive overall, with price targets clustered in the mid-$40s and one more bullish estimate in the mid-$50s. Management’s recent executive hire signals a continued focus on commercial growth. Investors should weigh valuation, regional banking trends, and the bank’s balance-sheet strength when assessing the stock.
FAQ
What were the company’s second-quarter results?
Reported earnings per share were $0.84 and revenue was $103.61 million, both slightly above consensus estimates.
Did the company change its dividend?
Yes. The quarterly cash dividend was increased from $0.33 to $0.36, payable September 19, 2025, with record/ex-dividend date of September 5, 2025.
What is the analyst consensus?
The average recommendation from the five covering analysts is Moderate Buy, split between three buy ratings and two hold ratings. The average 12-month price target is about $47.60.
Who was hired to lead wholesale banking?
An experienced commercial banking executive with more than 25 years in lending and middle-market roles was appointed Head of Wholesale Banking to lead relationship teams across the organization.
How large is the company and what services does it offer?
The bank has nearly $10 billion in assets and provides deposit accounts, consumer and commercial loans, real estate and construction lending, treasury services, and brokerage access through affiliated channels.
Key features at a glance
| Item | Value / Note |
|---|---|
| Q2 EPS | $0.84 |
| Q2 Revenue | $103.61 million |
| New Quarterly Dividend | $0.36 per share (payable Sep 19, 2025) |
| Analyst Consensus | Moderate Buy (3 buy, 2 hold) |
| Average 12-month Target | $47.60 |
| Market Cap | $1.48 billion |
| P/E Ratio | 13.36 |
| Assets | Nearly $10 billion |
| Institutional Ownership | 59.11% |
| New Head of Wholesale Banking | Experienced commercial banker with 25+ years |
Deeper Dive: News & Info About This Topic
Additional Resources
- Business Wire: TriCo Bancshares Increases Quarterly Cash Dividend
- Wikipedia: TriCo Bancshares
- TradingView: TriCo Bancshares (TCBK) Exceeds Q2 Expectations
- Google Search: TriCo Bancshares
- Business Wire: Scott Myers Joins Tri-Counties Bank as Head of Wholesale Banking
- Google Scholar: TriCo Bancshares
- FinancialContent: Russell 2000 — Stocks to Steer Clear Of (context on small-cap exposure)
- Encyclopedia Britannica: TriCo Bancshares
- FinancialContent: Small-Cap Stock with Exciting Potential (small-cap context)
- Google News: TriCo Bancshares
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