TCBK Stock Summary and Trading Ideas (Trico Bancshares | NASDAQ:TCBK)

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.

Trico Bancshares trades on the NASDAQ stock market under the symbol TCBK.

As of May 10, 2024, TCBK stock price declined to $37.94 with 65,558 million shares trading.

TCBK has a beta of 1.12, meaning it tends to be more sensitive to market movements. TCBK has a correlation of 0.12 to the broad based SPY ETF.

TCBK has a market cap of $1.26 billion. This is considered a Small Cap stock.

Last quarter Trico Bancshares reported $99 million in Revenue and $.83 earnings per share. This fell short of revenue expectation by $-2 million and exceeded earnings estimates by $.04.

In the last 3 years, TCBK stock traded as high as $58.62 and as low as $28.66.

The top ETF exchange traded funds that TCBK belongs to (by Net Assets): IWM, VTI, VXF, IWN, AVUV.

TCBK stock has underperformed the market in the last year with a return of +26.0%, while SPY returned +27.8%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in TCBK shares. However, TCBK has outperformed the market in the last 3 month and 2 week periods, returning +10.2% and +12.1%, while SPY returned +4.2% and +2.5%, respectively. This indicates TCBK has been having a stronger performance recently.

TCBK support price is $37.18 and resistance is $38.88 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that TCBK stock will trade within this expected range on the day.