TriCo Bancshares Net Worth

TriCo Bancshares Net Worth Breakdown

  TCBK
The net worth of TriCo Bancshares is the difference between its total assets and liabilities. TriCo Bancshares' net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of TriCo Bancshares' assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. TriCo Bancshares' net worth can be used as a measure of its financial health and stability which can help investors to decide if TriCo Bancshares is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in TriCo Bancshares stock.

TriCo Bancshares Net Worth Analysis

TriCo Bancshares' net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including TriCo Bancshares' financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of TriCo Bancshares' overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform TriCo Bancshares' net worth analysis. One common approach is to calculate TriCo Bancshares' market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares TriCo Bancshares' stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing TriCo Bancshares' net worth. This approach calculates the present value of TriCo Bancshares' future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of TriCo Bancshares' cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate TriCo Bancshares' net worth. This involves comparing TriCo Bancshares' financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into TriCo Bancshares' net worth relative to its peers.

Enterprise Value

1.49 Billion

To determine if TriCo Bancshares is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding TriCo Bancshares' net worth research are outlined below:
TriCo Bancshares generated a negative expected return over the last 90 days
About 67.0% of the company shares are owned by institutional investors
Latest headline from thelincolnianonline.com: TriCo Bancshares Given Average Recommendation of Hold by Brokerages

TriCo Bancshares Quarterly Good Will

304.44 Million

TriCo Bancshares uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in TriCo Bancshares. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to TriCo Bancshares' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
24th of April 2024
Upcoming Quarterly Report
View
24th of July 2024
Next Financial Report
View
31st of March 2024
Next Fiscal Quarter End
View
23rd of January 2025
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
View
31st of December 2023
Last Financial Announcement
View

TriCo Bancshares Target Price Consensus

TriCo target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. TriCo Bancshares' target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   6  Buy
Most TriCo analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand TriCo stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of TriCo Bancshares, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

TriCo Bancshares Target Price Projection

TriCo Bancshares' current and average target prices are 41.26 and 51.67, respectively. The current price of TriCo Bancshares is the price at which TriCo Bancshares is currently trading. On the other hand, TriCo Bancshares' target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

TriCo Bancshares Market Quote on 17th of March 2025

Low Price40.83Odds
High Price41.67Odds

41.26

Target Price

Analyst Consensus On TriCo Bancshares Target Price

Low Estimate47.02Odds
High Estimate57.35Odds

51.6667

Historical Lowest Forecast  47.02 Target Price  51.67 Highest Forecast  57.35
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on TriCo Bancshares and the information provided on this page.

Know TriCo Bancshares' Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as TriCo Bancshares is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading TriCo Bancshares backward and forwards among themselves. TriCo Bancshares' institutional investor refers to the entity that pools money to purchase TriCo Bancshares' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Manufacturers Life Insurance Co2024-12-31
461.8 K
Jpmorgan Chase & Co2024-12-31
435.4 K
Northern Trust Corp2024-12-31
419.7 K
Bolthouse Investments, Llc2024-12-31
353.7 K
Curi Rmb Capital2024-12-31
353.1 K
Charles Schwab Investment Management Inc2024-12-31
297 K
Schroder Investment Management Group2024-12-31
276.1 K
Heartland Advisors Inc2024-12-31
250 K
Renaissance Technologies Corp2024-12-31
223.3 K
Fmr Inc2024-12-31
2.9 M
Blackrock Inc2024-12-31
2.5 M
Note, although TriCo Bancshares' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Follow TriCo Bancshares' market capitalization trends

The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.36 B.

Market Cap

1.36 Billion

Project TriCo Bancshares' profitablity

Last ReportedProjected for Next Year
Return On Tangible Assets 0.01  0.01 
Return On Capital Employed(0.03)(0.03)
Return On Assets 0.01  0.01 
Return On Equity 0.09  0.12 
The company has Profit Margin (PM) of 0.3 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.39 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.39.
When accessing TriCo Bancshares' net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures TriCo Bancshares' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of TriCo Bancshares' profitability and make more informed investment decisions.

Evaluate TriCo Bancshares' management efficiency

TriCo Bancshares has return on total asset (ROA) of 0.0117 % which means that it generated a profit of $0.0117 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0965 %, meaning that it created $0.0965 on every $100 dollars invested by stockholders. TriCo Bancshares' management efficiency ratios could be used to measure how well TriCo Bancshares manages its routine affairs as well as how well it operates its assets and liabilities. Return On Equity is expected to rise to 0.12 this year, although the value of Return On Tangible Assets will most likely fall to 0.01. At this time, TriCo Bancshares' Liabilities And Stockholders Equity is quite stable compared to the past year. Non Current Liabilities Other is expected to rise to about 227.9 M this year, although the value of Total Current Liabilities will most likely fall to about 10.9 M.
Last ReportedProjected for Next Year
Book Value Per Share 37.00  38.85 
Tangible Book Value Per Share 27.58  28.96 
Enterprise Value Over EBITDA 11.66  12.24 
Price Book Value Ratio 1.18  1.69 
Enterprise Value Multiple 11.66  12.24 
Price Fair Value 1.18  1.69 
Enterprise Value1.4 B1.5 B
TriCo Bancshares' management has consistently demonstrated strong leadership, driving both financial growth and operational excellence. By analyzing current market trends and future growth opportunities, we assess the stock's true value and potential for investors.
Enterprise Value Revenue
4.0571
Revenue
389.2 M
Quarterly Revenue Growth
0.021
Revenue Per Share
11.762
Return On Equity
0.0965
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific TriCo Bancshares insiders, such as employees or executives, is commonly permitted as long as it does not rely on TriCo Bancshares' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases TriCo Bancshares insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
 
Judi Giem over a week ago
Acquisition by Judi Giem of 419 shares of TriCo Bancshares subject to Rule 16b-3
 
Mcgraw Thomas C over three months ago
Acquisition by Mcgraw Thomas C of 2087 shares of TriCo Bancshares subject to Rule 16b-3
 
John Fleshood over three months ago
Acquisition by John Fleshood of 1050 shares of TriCo Bancshares at 37.56 subject to Rule 16b-3
 
Mariani Martin over three months ago
Disposition of 7500 shares by Mariani Martin of TriCo Bancshares at 23.205 subject to Rule 16b-3
 
Michael Koehnen over six months ago
Disposition of 1400 shares by Michael Koehnen of TriCo Bancshares at 45.2 subject to Rule 16b-3
 
Giese Cory W over six months ago
Disposition of 3465 shares by Giese Cory W of TriCo Bancshares at 43.11 subject to Rule 16b-3
 
Peter Wiese over six months ago
Disposition of 1975 shares by Peter Wiese of TriCo Bancshares subject to Rule 16b-3
 
Leggio Anthony L. over six months ago
Disposition of 5985 shares by Leggio Anthony L. of TriCo Bancshares subject to Rule 16b-3
 
Gregory Gehlmann over six months ago
Disposition of 648 shares by Gregory Gehlmann of TriCo Bancshares subject to Rule 16b-3
 
Gregory Gehlmann over six months ago
Acquisition by Gregory Gehlmann of 473 shares of TriCo Bancshares at 37.56 subject to Rule 16b-3
 
Vogel Kimberley H over six months ago
Acquisition by Vogel Kimberley H of 2087 shares of TriCo Bancshares subject to Rule 16b-3
 
Mariani Martin over six months ago
Disposition of 2193 shares by Mariani Martin of TriCo Bancshares subject to Rule 16b-3

TriCo Bancshares Corporate Filings

F4
5th of March 2025
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
10K
3rd of March 2025
Annual report required by the U.S. Securities and Exchange Commission (SEC) of a company financial performance
ViewVerify
8K
28th of February 2025
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
12th of February 2025
Other Reports
ViewVerify
TriCo Bancshares time-series forecasting models is one of many TriCo Bancshares' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary TriCo Bancshares' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

TriCo Bancshares Earnings Estimation Breakdown

The calculation of TriCo Bancshares' earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of TriCo Bancshares is estimated to be 0.78 with the future projection ranging from a low of 0.77 to a high of 0.82. Please be aware that this consensus of annual earnings estimates for TriCo Bancshares is based on EPS before non-recurring items and includes expenses related to employee stock options.
Last Reported EPS
0.88
0.77
Lowest
Expected EPS
0.78
0.82
Highest

TriCo Bancshares Earnings Projection Consensus

Suppose the current estimates of TriCo Bancshares' value are higher than the current market price of the TriCo Bancshares stock. In this case, investors may conclude that TriCo Bancshares is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and TriCo Bancshares' stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyLast Reported EPSEstimated EPS for 31st of March 2025Current EPS (TTM)
692.11%
0.88
0.78
3.46

TriCo Bancshares Earnings History

Earnings estimate consensus by TriCo Bancshares analysts from Wall Street is used by the market to judge TriCo Bancshares' stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only TriCo Bancshares' upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods.

TriCo Bancshares Quarterly Gross Profit

16.27 Million

At this time, TriCo Bancshares' Retained Earnings are quite stable compared to the past year. Retained Earnings Total Equity is expected to rise to about 655.5 M this year, although the value of Earning Assets will most likely fall to about 1.6 B. Net Income Applicable To Common Shares is expected to rise to about 151.4 M this year, although the value of Common Stock Shares Outstanding will most likely fall to about 20.6 M.
Hype
Prediction
LowEstimatedHigh
39.6441.1942.74
Details
Intrinsic
Valuation
LowRealHigh
37.1347.1448.69
Details
Naive
Forecast
LowNextHigh
39.5341.0842.63
Details
6 Analysts
Consensus
LowTargetHigh
47.0251.6757.35
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as TriCo Bancshares. Your research has to be compared to or analyzed against TriCo Bancshares' peers to derive any actionable benefits. When done correctly, TriCo Bancshares' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in TriCo Bancshares. Note that many institutional investors and large investment bankers can move markets due to the volume of TriCo assets they manage. They also follow analysts to some degree and often drive overall investor sentiments towards TriCo Bancshares. With so many stockholders watching consensus numbers, the difference between actual and projected earnings is one of the most critical factors driving TriCo Bancshares' stock price in the short term.

TriCo Bancshares Earnings per Share Projection vs Actual

Actual Earning per Share of TriCo Bancshares refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering TriCo Bancshares predict the company's earnings will be in the future. The higher the earnings per share of TriCo Bancshares, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

TriCo Bancshares Estimated Months Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as TriCo Bancshares, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of TriCo Bancshares should always be considered in relation to other companies to make a more educated investment decision.

TriCo Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact TriCo Bancshares' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2025-01-23
2024-12-310.790.880.0911 
2024-10-24
2024-09-300.810.880.07
2024-07-25
2024-06-300.790.870.0810 
2024-04-25
2024-03-310.790.830.04
2024-01-25
2023-12-310.830.78-0.05
2023-10-25
2023-09-300.880.920.04
2023-07-26
2023-06-300.940.75-0.1920 
2023-04-26
2023-03-311.11.07-0.03
2023-01-25
2022-12-311.161.09-0.07
2022-10-26
2022-09-301.11.120.02
2022-07-27
2022-06-3010.93-0.07
2022-04-28
2022-03-310.640.730.0914 
2022-01-25
2021-12-310.910.940.03
2021-10-26
2021-09-300.930.92-0.01
2021-07-27
2021-06-300.920.940.02
2021-04-28
2021-03-310.81.130.3341 
2021-01-27
2020-12-310.690.790.114 
2020-10-26
2020-09-300.590.590.0
2020-07-28
2020-06-300.470.25-0.2246 
2020-04-29
2020-03-310.560.53-0.03
2020-01-28
2019-12-310.730.750.02
2019-10-28
2019-09-300.730.760.03
2019-07-25
2019-06-300.730.750.02
2019-04-25
2019-03-310.710.740.03
2019-01-29
2018-12-310.690.760.0710 
2018-10-29
2018-09-300.50.530.03
2018-07-26
2018-06-300.590.650.0610 
2018-04-26
2018-03-310.620.620.0
2018-01-30
2017-12-310.560.47-0.0916 
2017-10-30
2017-09-300.540.51-0.03
2017-07-27
2017-06-300.510.580.0713 
2017-04-27
2017-03-310.490.520.03
2017-01-30
2016-12-310.480.540.0612 
2016-10-26
2016-09-300.480.530.0510 
2016-07-28
2016-06-300.510.45-0.0611 
2016-04-28
2016-03-310.480.46-0.02
2016-01-28
2015-12-310.490.50.01
2015-10-29
2015-09-300.460.550.0919 
2015-07-23
2015-06-300.440.490.0511 
2015-04-29
2015-03-310.370.36-0.01
2015-01-30
2014-12-310.320.25-0.0721 
2014-10-29
2014-09-300.350.50.1542 
2014-07-28
2014-06-300.40.3-0.125 
2014-04-29
2014-03-310.380.450.0718 
2014-01-29
2013-12-310.420.32-0.123 
2013-10-29
2013-09-300.410.450.04
2013-07-25
2013-06-300.390.390.0
2013-04-29
2013-03-310.330.530.260 
2013-01-28
2012-12-310.340.29-0.0514 
2012-10-25
2012-09-300.280.390.1139 
2012-07-27
2012-06-300.270.330.0622 
2012-04-30
2012-03-310.280.25-0.0310 
2012-01-30
2011-12-310.20.410.21105 
2011-10-28
2011-09-300.170.220.0529 
2011-07-26
2011-06-300.130.170.0430 
2011-04-28
2011-03-310.10.170.0770 
2011-01-26
2010-12-310.020.20.18900 
2010-10-29
2010-09-300.11.0E-4-0.099999 
2010-07-29
2010-06-300.110.08-0.0327 
2010-04-27
2010-03-310.130.1-0.0323 
2010-01-26
2009-12-310.130.140.01
2009-10-29
2009-09-300.150.14-0.01
2009-07-28
2009-06-300.170.16-0.01
2009-04-29
2009-03-310.260.18-0.0830 
2009-02-03
2008-12-310.360.26-0.127 
2008-10-29
2008-09-300.290.390.134 
2008-07-24
2008-06-300.280.14-0.1450 
2008-04-28
2008-03-310.330.25-0.0824 
2008-01-30
2007-12-310.420.35-0.0716 
2007-10-24
2007-09-300.420.420.0
2007-07-26
2007-06-300.410.410.0
2007-04-26
2007-03-310.410.39-0.02
2007-01-31
2006-12-310.430.42-0.01
2006-10-24
2006-09-300.410.420.01
2006-07-26
2006-06-300.410.4-0.01
2006-04-26
2006-03-310.40.40.0
2006-01-31
2005-12-310.390.410.02
2005-10-26
2005-09-300.370.370.0
2005-07-25
2005-06-300.340.350.01
2005-04-28
2005-03-310.340.32-0.02
2005-01-26
2004-12-310.340.33-0.01
2004-10-21
2004-09-300.310.320.01
2004-07-21
2004-06-300.290.30.01
2004-04-21
2004-03-310.30.30.0
2004-01-29
2003-12-310.280.290.01
2003-10-23
2003-09-300.270.270.0
2003-07-28
2003-06-300.250.270.02
2003-04-23
2003-03-310.260.25-0.01
2003-01-21
2002-12-310.250.260.01
2002-10-15
2002-09-300.240.250.01
2002-07-15
2002-06-300.240.240.0
2002-04-17
2002-03-310.230.240.01
2002-01-22
2001-12-310.230.240.01
2001-10-12
2001-09-300.220.230.01
2001-07-17
2001-06-300.20.20.0
2001-04-17
2001-03-310.210.210.0
2001-01-23
2000-12-310.190.190.0
2000-10-24
2000-09-300.220.2-0.02
2000-04-13
2000-03-310.210.270.0628 
2000-01-20
1999-12-310.190.210.0210 
1999-10-14
1999-09-300.180.20.0211 
1999-07-15
1999-06-300.170.190.0211 
1999-04-15
1999-03-310.160.190.0318 
1999-01-25
1998-12-310.140.170.0321 
1998-10-15
1998-09-300.140.160.0214 
1998-07-20
1998-06-300.130.150.0215 
1997-10-20
1997-09-300.140.11-0.0321 
1997-07-15
1997-06-300.130.07-0.0646 
1997-04-17
1997-03-310.140.11-0.0321 
1997-03-21
1996-12-310.150.14-0.01
1996-10-16
1996-09-300.130.130.0
1996-07-19
1996-06-300.130.12-0.01
1996-04-12
1996-03-310.130.130.0
1996-01-23
1995-12-310.130.130.0
1995-10-17
1995-09-300.120.160.0433 
1995-07-18
1995-06-300.110.120.01

TriCo Bancshares Corporate Management

Craig CarneyChief Credit Officer of Tri Counties Bank and Executive VP of Tri Counties BankProfile
Scott RobertsonSenior BankProfile
Michael MurphyVP DirectorProfile
Michael KoehnenIndependent SecretaryProfile
When determining whether TriCo Bancshares is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if TriCo Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Trico Bancshares Stock. Highlighted below are key reports to facilitate an investment decision about Trico Bancshares Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TriCo Bancshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more information on how to buy TriCo Stock please use our How to buy in TriCo Stock guide.
You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
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
0.128
Dividend Share
1.32
Earnings Share
3.46
Revenue Per Share
11.762
Quarterly Revenue Growth
0.021
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.