TriCo Bancshares (NASDAQ: TCBK) has reported E.P.S. of $0.83 for its first fiscal quarter (ending March 31) versus $1.08 for the same period a year ago. For the latest four quarters through March 31, E.P.S. were $3.28 versus $4.23 for the same period a year ago.
Recent Price Action
On 4/25/24, TriCo Bancshares (NASDAQ: TCBK) stock declined modestly by -1.6%, closing at $34.24. NORMAL trading volume accompanied the decline. The stock has performed in line with the market over the last nine months and has risen 7.8% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, TCBK is expected to continue to be a modest Value Builder.
TriCo Bancshares has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. TriCo Bancshares has a neutral Power Rating of 54 but a good Appreciation Score of 77, producing the Positive Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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