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Trico Bancshares  (TCBK)
Other Ticker:  
 
    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial


 

Trico Bancshares

TCBK's Financial Statements and Analysis



Trico Bancshares reported in the third quarter of 2023 net earnings per share of $0.92 a decrease by -17.86 % year on year from $1.12 and an improvement of 22.67 % from $0.75 realized in II. Quarter (Jun 30 2023).


third quarter of 2023
Earnings Per Share Revenues
$ 0.92 $  100 Mill
$-0.20     -17.86 % $-6M     -5.66 %



Trico Bancshares's Revenue fell by -5.66 % in third quarter of 2023 (Sep 30 2023) year on year, to $100 million and advanced by 5.55 % sequentially.


Trico Bancshares is

More on TCBK's Income Statement



Trico Bancshares's net income of $30.590 million in the third quarter of 2023 decreased by -18.07 % from net earnings of $37.338 million achieved in III. Quarter a year ago.

Sequentially net earnings grew by 22.89 % from net income of $24.892 million realized in previous quarter.

More on TCBK's Growth

Trico Bancshares Inventories
In Sep 30 2023 company's net cash and cash equivalents decreased by $-8 million, capital expenditures grew by -0.907-28.67%, to $-1 millions compare to same quarter a year ago

More on TCBK's Cash flow Statement


Trico Bancshares payed out dividend of $1.21 per share in last 52 weeks representing 32.53 % of net earning per share in trailing twelve-month period.

During the same period Trico Bancshares earned $ 4.73 cash per share, on a free-cash flow basis 127.16 % of net earning per share.

Book value fell by -2.23 % sequentially to $32.19 per share.
Tangible Book value fell to $ 23.04 per share from $ 23.75.

Company issued 0.06 million shares or 0.18 % in Sep 30 2023.
Interest Coverage Ratio was 4.11. Debt Coverage Ratio was 0.46.

More on TCBK's Dividends

 Market Capitalization (Millions) 1,147
 Shares Outstanding (Millions) 33
 Total Debt (Millions $) 639
 Revenue (TTM) (Millions $) 408
 Net Income (TTM) (Millions $) 128
 Cash Flow (TTM) (Millions $) -135
 Capital Exp. (TTM) (Millions $) -4
 Dividend TTM ($) 1.21 $
 Dividend Yield TTM (%) 3.48 %
 Employees (TTM) $ 1,011




Trico Bancshares payed out dividend of $1.21 per share in the last 52 weeks representing 32.53 % of net earning per share in trailing twelve-month period.

During the same period Trico Bancshares had $ 4.73 cash flow per share, on a free-cash flow basis 127.16 % of net earning per share.

Book value fell by -2.23 % sequentially to $32.19 per share.
Tangible Book value fell to $ 23.04 per share from $ 23.75.

Company issued 0.06 million shares or 0.18 % in Sep 30 2023.
Interest Coverage Ratio was 4.11. Debt Coverage Ratio was 0.46.

More on TCBK's Balance Sheets

 Market Capitalization (Millions) 1,147
 Shares Outstanding (Millions) 33
 Total Debt (Millions $) 639
 Revenue (TTM) (Millions $) 408
 Net Income (TTM) (Millions $) 128
 Cash Flow (TTM) (Millions $) -135
 Capital Exp. (TTM) (Millions $) -4
 Dividend TTM ($) 1.21 $
 Dividend Yield TTM (%) 3.48 %
 Employees (TTM) $ 1,011
   


  News about Trico Bancshares Earnings

Trico Bancshares: Steady Growth Proves Strong Future Amidst Soft Top-line

Trico Bancshares: A Bullish Outlook Amidst a Weak Third Quarter
Trico Bancshares, a prominent player in the financial services sector, recently announced its financial results for the third quarter of 2023. While the numbers indeed indicate a weak performance, a closer analysis reveals several optimistic factors that suggest a brighter future for the company.
During the third quarter, Trico Bancshares witnessed a decline in income by 17.86%, resulting in earnings per share of $0.92, compared to $0.75 in the previous year. Additionally, the revenue decreased by 5.662% to $99.95 million from $94.69 million year on year. These figures might disappoint some investors at first glance. However, it is cruci...

Trico Bancshares Defies Expectations: Despite a Slight Dip, They Still Shine Among Regional Banks for Fiscal Year 2023

Despite the recent soft numbers reported by Trico Bancshares, one of the regional banks in the stock market, there is still a positive outlook for the sector. While the company experienced a decline in income and revenue in the most recent fiscal period, it is essential to highlight that this was in contrast to the remainder of the regional banks sector, which actually posted a revenue gain during the same period.
Although there was a decrease in revenue of about 4.713% to $94.69 million year-on-year, it is important to take a broader perspective. Comparing the recent numbers to the preceding reporting period, we can see that the revenue actually deteriorated by about 7.866% from $102.78 million. Similar...

1 Improved Headline: Trico Bancshares Reports Impressive Financial Growth in First Quarter of 2023

Trico Bancshares has been on a steady rise in its financial performance, as seen in the company's first quarter earnings report for the period ending March 31, 2023. The company's bottom-line grew by a significant 59.7% to $1.07 per share, as opposed to $0.98 per share reported in the same period a year ago. This increase in bottom-line is due to the company's growing revenue, which saw a 37.603% rise to $102.78 million. This is compared to the previous quarter where the company realized revenue of $110.54 million.
The net income for the period ending March 31, 2023, saw a significant increase of 75.88%, rising to $35.833 million from $20.374 million the previous year. Trico Bancshares further emphasized...


Date modified: 2023-11-10T02:34:58+00:00





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