TriCo Bancshares Return On Equity vs. Number Of Shares Shorted

TCBK Stock  USD 48.55  0.71  1.48%   
Based on TriCo Bancshares' profitability indicators, TriCo Bancshares may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess TriCo Bancshares' ability to earn profits and add value for shareholders.
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
0.10122603
Current Value
0.12
Quarterly Volatility
0.02749683
 
Credit Downgrade
 
Yuan Drop
 
Covid
EV To Sales is expected to rise to 5.63 this year, although the value of Price To Sales Ratio will most likely fall to 2.38. At this time, TriCo Bancshares' Net Income Per Share is quite stable compared to the past year. Income Quality is expected to rise to 1.24 this year, although the value of Net Income From Continuing Ops will most likely fall to about 78.8 M.
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.160.2979
Way Down
Slightly volatile
Operating Profit Margin0.30.4084
Way Down
Pretty Stable
Pretax Profit Margin0.260.4083
Way Down
Slightly volatile
Return On Assets0.01130.0118
Sufficiently Down
Slightly volatile
Return On Equity0.120.1012
Fairly Up
Slightly volatile
For TriCo Bancshares profitability analysis, we use financial ratios and fundamental drivers that measure the ability of TriCo Bancshares to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well TriCo Bancshares utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between TriCo Bancshares's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of TriCo Bancshares over time as well as its relative position and ranking within its peers.
  

TriCo Bancshares' Revenue Breakdown by Earning Segment

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For more information on how to buy TriCo Stock please use our How to buy in TriCo Stock guide.
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.

TriCo Bancshares Number Of Shares Shorted vs. Return On Equity Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining TriCo Bancshares's current stock value. Our valuation model uses many indicators to compare TriCo Bancshares value to that of its competitors to determine the firm's financial worth.
TriCo Bancshares is rated below average in return on equity category among its peers. It is rated second in number of shares shorted category among its peers making about  3,493,571  of Number Of Shares Shorted per Return On Equity. At this time, TriCo Bancshares' Return On Equity is quite stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value TriCo Bancshares by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

TriCo Number Of Shares Shorted vs. Return On Equity

Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.

TriCo Bancshares

Return On Equity

 = 

Net Income

Total Equity

 = 
0.0969
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.

TriCo Bancshares

Shares Shorted

 = 

Shorted by Public

+

by Institutions

 = 
338.53 K
If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.

TriCo Number Of Shares Shorted Comparison

TriCo Bancshares is currently under evaluation in number of shares shorted category among its peers.

TriCo Bancshares Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in TriCo Bancshares, profitability is also one of the essential criteria for including it into their portfolios because, without profit, TriCo Bancshares will eventually generate negative long term returns. The profitability progress is the general direction of TriCo Bancshares' change in net profit over the period of time. It can combine multiple indicators of TriCo Bancshares, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income-153.2 M-145.5 M
Operating Income160.9 M169 M
Income Before Tax160.9 M169 M
Net Income117.4 M123.3 M
Income Tax Expense43.5 M45.7 M
Total Other Income Expense Net-23 K-24.1 K
Net Income Applicable To Common Shares144.2 M151.4 M
Net Income From Continuing Ops127.7 M78.8 M
Net Interest Income367.7 M269.5 M
Interest Income424.2 M285.1 M
Change To Netincome-6.9 M-6.6 M
Net Income Per Share 3.52  3.70 
Income Quality 1.18  1.24 
Net Income Per E B T 0.73  0.50 

TriCo Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on TriCo Bancshares. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of TriCo Bancshares position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the TriCo Bancshares' important profitability drivers and their relationship over time.

Use TriCo Bancshares in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if TriCo Bancshares position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in TriCo Bancshares will appreciate offsetting losses from the drop in the long position's value.

TriCo Bancshares Pair Trading

TriCo Bancshares Pair Trading Analysis

The ability to find closely correlated positions to TriCo Bancshares could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TriCo Bancshares when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back TriCo Bancshares - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling TriCo Bancshares to buy it.
The correlation of TriCo Bancshares is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as TriCo Bancshares moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TriCo Bancshares moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for TriCo Bancshares can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your TriCo Bancshares position

In addition to having TriCo Bancshares in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Business Supplies Thematic Idea Now

Business Supplies
Business Supplies Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Business Supplies theme has 24 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Business Supplies Theme or any other thematic opportunities.
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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.
For more information on how to buy TriCo Stock please use our How to buy in TriCo Stock guide.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
To fully project TriCo Bancshares' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of TriCo Bancshares at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include TriCo Bancshares' income statement, its balance sheet, and the statement of cash flows.
Potential TriCo Bancshares investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although TriCo Bancshares investors may work on each financial statement separately, they are all related. The changes in TriCo Bancshares's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on TriCo Bancshares's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.