TriCo Bancshares (NASDAQ:TCBK) is set to announce its earnings results after the market closes on Wednesday, July 26th. Analysts expect the company to announce earnings of $0.51 per share for the quarter.

TriCo Bancshares (NASDAQ:TCBK) last issued its quarterly earnings data on Thursday, April 27th. The financial services provider reported $0.52 earnings per share for the quarter, topping analysts’ consensus estimates of $0.49 by $0.03. The firm had revenue of $53.70 million during the quarter, compared to analysts’ expectations of $56.11 million. TriCo Bancshares had a return on equity of 9.63% and a net margin of 20.92%. On average, analysts expect TriCo Bancshares to post $2.09 EPS for the current fiscal year and $2.22 EPS for the next fiscal year.

Shares of TriCo Bancshares (TCBK) opened at 35.64 on Wednesday. The stock has a market capitalization of $815.19 million, a PE ratio of 17.82 and a beta of 0.88. The company’s 50 day moving average price is $35.35 and its 200-day moving average price is $35.22. TriCo Bancshares has a 52 week low of $23.90 and a 52 week high of $37.98.

The business also recently announced a quarterly dividend, which was paid on Friday, June 30th. Investors of record on Thursday, June 15th were issued a $0.17 dividend. The ex-dividend date of this dividend was Tuesday, June 13th. This is a positive change from TriCo Bancshares’s previous quarterly dividend of $0.15. This represents a $0.68 dividend on an annualized basis and a yield of 1.91%. TriCo Bancshares’s dividend payout ratio (DPR) is 34.00%.

TRADEMARK VIOLATION WARNING: This piece was first published by American Banking News and is the property of of American Banking News. If you are viewing this piece on another website, it was stolen and reposted in violation of US and international trademark and copyright legislation. The legal version of this piece can be accessed at https://www.americanbankingnews.com/2017/07/19/trico-bancshares-nasdaqtcbk-set-to-announce-quarterly-earnings-on-wednesday.html.

A number of research analysts recently issued reports on the company. BidaskClub lowered TriCo Bancshares from a “hold” rating to a “sell” rating in a report on Thursday, July 13th. FBR & Co reiterated a “marketperform” rating on shares of TriCo Bancshares in a report on Monday, April 10th. Zacks Investment Research upgraded TriCo Bancshares from a “hold” rating to a “buy” rating and set a $39.00 target price for the company in a report on Tuesday, June 27th. Finally, ValuEngine upgraded TriCo Bancshares from a “hold” rating to a “buy” rating in a report on Friday, June 2nd. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $35.00.

TriCo Bancshares Company Profile

TriCo Bancshares is a bank holding company. The Company’s principal subsidiary is Tri Counties Bank, a California-chartered commercial bank (the Bank). The Bank offers banking services to retail customers and small to medium-sized businesses through 68 branch offices in Northern and Central California.

Earnings History for TriCo Bancshares (NASDAQ:TCBK)

Receive News & Ratings for TriCo Bancshares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TriCo Bancshares and related companies with MarketBeat.com's FREE daily email newsletter.