TriCo Bancshares Reports Third Quarter 2024 Net Income of 29.1 Million, Diluted EPS of 0.88
TCBK Stock | USD 47.84 0.57 1.18% |
About 67% of TriCo Bancshares' investor base is looking to short. The analysis of overall sentiment of trading TriCo Bancshares stock suggests that many investors are alarmed at this time. TriCo Bancshares' investing sentiment shows overall attitude of investors towards TriCo Bancshares.
TriCo |
TriCo Bancshares Executive Commentary Our financial performance for the third quarter demonstrates the effectiveness and strength of
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TriCo Bancshares Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards TriCo Bancshares can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
TriCo Bancshares Fundamental Analysis
We analyze TriCo Bancshares' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of TriCo Bancshares using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of TriCo Bancshares based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Price To Earnings To Growth
Price To Earnings To Growth Comparative Analysis
TriCo Bancshares is currently under evaluation in price to earnings to growth category among its peers. PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.
TriCo Bancshares Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with TriCo Bancshares stock to make a market-neutral strategy. Peer analysis of TriCo Bancshares could also be used in its relative valuation, which is a method of valuing TriCo Bancshares by comparing valuation metrics with similar companies.
Peers
TriCo Bancshares Related Equities
MGYR | Magyar Bancorp | 7.12 | ||||
FNWB | First Northwest | 0.54 | ||||
PBHC | Pathfinder Bancorp | 0.52 | ||||
VABK | Virginia National | 0.22 | ||||
HFBL | Home Federal | 0.16 | ||||
FCCO | First Community | 0.08 | ||||
THFF | First Financial | 0.91 | ||||
CWBC | Community West | 0.91 | ||||
GSBC | Great Southern | 1.12 | ||||
FFNW | First Financial | 1.20 | ||||
CTBI | Community Trust | 1.35 | ||||
OVLY | Oak Valley | 1.46 | ||||
BMRC | Bank of Marin | 1.56 | ||||
FCAP | First Capital | 3.38 |
Check out TriCo Bancshares Hype Analysis, TriCo Bancshares Correlation and TriCo Bancshares Performance. For more information on how to buy TriCo Stock please use our How to buy in TriCo Stock guide.You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of TriCo Bancshares. If investors know TriCo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about TriCo Bancshares listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.04) | Dividend Share 1.29 | Earnings Share 3.36 | Revenue Per Share 11.678 | Quarterly Revenue Growth (0.01) |
The market value of TriCo Bancshares is measured differently than its book value, which is the value of TriCo that is recorded on the company's balance sheet. Investors also form their own opinion of TriCo Bancshares' value that differs from its market value or its book value, called intrinsic value, which is TriCo Bancshares' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because TriCo Bancshares' market value can be influenced by many factors that don't directly affect TriCo Bancshares' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between TriCo Bancshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if TriCo Bancshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TriCo Bancshares' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.