TCBK
TriCo BancsharesFinancial Services·Banks - Regional
$50.80
$1.6B market cap
Revenue
$272.2M
Free Cash Flow
$63.0M
Rev Growth
+0.0%
FCF Margin
23.2%
P/FCF
25.9x
EV/FCF
22.4x
Fwd EV/EBITDA
--
Fair Value
--
Upside
--
TriCo Bancshares operates as a bank holding company for Tri Counties Bank that provides commercial banking services to individual and corporate customers. The company accepts demand, savings, and time deposits. It also provides small business loans; real estate mortgage loans, such as residential and commercial loans; consumer loans; commercial loans, including agricultural loans; and real estate construction loans. In addition, the company offers treasury management services; and other customar
2-Year Price History
$50.68+46.1%
Quarterly Financials & Projections
Quarterly Waterfall ($ M)
| Period | Rev | EBITDA | OpIn | NI | OCF | FCF | CapEx | Cash | Debt | Shares | ROIC | IntCov | EV/EBITDA | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Act | 2026-Q1 | 134.9 | 45.9 | 45.9 | 33.7 | 33.7 | 33.0 | -0.7 | 301.3 | 79.2 | 32.4 | 26.9% | 1.7x | -- |
| Act | 2025-Q4 | 137.3 | 52.5 | 49.6 | 33.6 | 34.5 | 30.1 | -4.4 | 157.0 | 80.2 | 32.6 | 28.6% | 1.9x | -- |
Valuation & Metrics
Market Stats
Price$50.80
Market Cap$1.6B
Enterprise Value$1.4B
P/S Ratio6.0x
P/FCF25.9x
EV/FCF22.4x
FCF Margin (TTM)23.2%
FCF Yield3.9%
Dividend Yield (TTM)3.5%
Annual Dilution0.0%
CurrencyUSD
TTM Financial Snapshot
Revenue$272.2M
Net Income$67.3M
Free Cash Flow$63.0M
Revenue Growth (YoY)+0.0%
EBITDA Margin36.2%
Net Margin24.7%
FCF Margin23.2%
CapEx % of Revenue1.9%
SBC % of Revenue0.4%
ROIC27.8%
WC Change % Rev-2.9%
Interest Coverage1.8x
Forward Outlook & Risk
Short Interest
Short % of Float--
Short Shares1.3M
Days to Cover9.4
Change (vs Prior)+24.8%
Need at least 2 settlement dates for chart
Employees
Headcount1,194
Revenue / Employee$227,964
Gross Profit / Employee$179,517
Institutional Ownership
Headline & net flow
NEUTRAL
Net flow · —still filing
No float data — flow unavailable.
Ownership composition
Active
41.0%(+8.1% YoY)
174 filers
hedge / family / endowment
Retail funds
—
Fidelity, Schwab, 401(k)
Passive
23.8%(+3.7% YoY)
12 filers
Vanguard, iShares, SPDR
Market makers
0.5%(+0.2% YoY)
7 filers
Citadel, Susquehanna
Insiders
—
Form 4 — latest per insider
ActiveRetail fundsPassiveMarket makersRetail direct
Top holders
| Fund | $ value | Cost basis | Δ QoQ | Δ YoY | α life | Fund AUM |
|---|---|---|---|---|---|---|
| FMR LLC | $137M | $40.68 | −$1.5M | −$3.7M | -0.0% | $1.89T |
| BlackRock, Inc.Passive | $114M | $40.77 | −$1.0M | −$8.5M | -0.2% | $5.69T |
| DIMENSIONAL FUND ADVISORS LPPassive | $80.6M | $38.21 | +$537K | +$1.6M | -0.4% | $480.92B |
| FRANKLIN RESOURCES INC | $78.4M | $37.76 | +$601K | +$2.4M | -0.2% | $403.03B |
| VANGUARD CAPITAL MANAGEMENT LLCPassive | $60.6M | $47.54 | +$60.6M | +$60.6M | — | $4.04T |
| Davis Asset Management, L.P. | $49.8M | $39.98 | +$0 | +$1.2M | -0.6% | $3.46B |
| STATE STREET CORPPassive | $46.0M | $41.18 | +$3.3M | +$1.9M | -0.2% | $2.89T |
| GEODE CAPITAL MANAGEMENT, LLCPassive | $38.1M | $39.20 | +$1.1M | −$1.3M | +2.3% | $1.61T |
| ALLIANCEBERNSTEIN L.P. | $28.3M | $38.06 | −$633K | −$6.9M | -0.3% | $307.70B |
| VANGUARD PORTFOLIO MANAGEMENT LLCPassive | $21.6M | $47.54 | +$21.6M | +$21.6M | — | $1.91T |
| AMERICAN CENTURY COMPANIES INC | $21.6M | $37.91 | −$188K | −$126K | +0.7% | $193.48B |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | $20.0M | $38.75 | −$689K | −$2.1M | -0.2% | $113.45B |
| GOLDMAN SACHS GROUP INC | $20.0M | $39.96 | −$12.0M | −$10.6M | -0.2% | $760.93B |
| North Reef Capital Management LP | $17.7M | $47.02 | −$5.3M | +$17.7M | -1.3% | $2.91B |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $17.0M | $40.20 | −$237K | +$3.0M | +0.7% | $645.81B |
| Bolthouse Investments, LLC | $16.8M | $42.03 | +$0 | +$0 | +0.8% | $111M |
| RMB Capital Management, LLC | $16.8M | $36.09 | +$147K | −$785K | +0.2% | $5.56B |
| NORTHERN TRUST CORPPassive | $16.5M | $40.10 | +$457K | −$2.7M | -0.2% | $755.34B |
| TWO SIGMA INVESTMENTS, LP | $13.0M | $43.89 | +$9.0M | +$10.6M | -0.9% | $117.03B |
| JPMORGAN CHASE & CO | $12.4M | $40.28 | −$1.2M | −$4.6M | -0.2% | $1.47T |
Cost basis is a volume-weighted estimate from accumulation periods within our 13F history; holders who built their position before our window started will show a stale basis. % above the cost basis is the unrealized gain at the current price.
Trading behavior
Smart-money alpha (lifetime, %/qtr)NEUTRAL
Holders
-0.13%
avg per quarter
Holders (ex-self)
-0.12%
excl. this stock
Buyers (this Q)
-0.20%
89 buyers · $0.14B in
Sellers (this Q)
-0.27%
60 sellers · $0.05B out
alpha coverage: 91% of $ has a lifetime-alpha record
Holder behavior on this stocksource: stock
On big dips (−10%+)
+22.0%
how holders react when this stock falls
On quiet Qs
+2.1%
−10% to +10% baseline
On rallies (+10%+)
-8.8%
how they react when this stock rises
Holders' portfolio flow this Q
+4.7%
inflows — adds are organic
Sellers' portfolio flow this Q
+6.3%
Sellers grew AUM elsewhere — opinionated cut of this stock.
▸ Compare to holder-profile behavior (across all their stocks)
Holder dip (any stock)
-3.9%
Holder mid (any stock)
-1.3%
Holder rally (any stock)
-2.9%
Biggest decreases this quarter
GOLDMAN SACHS GROUP INC−$12.0Mα-0.2North Reef Capital Management LP−$5.3Mα-1.3FJ Capital Management LLCexited−$4.4MJain Global LLCexited−$3.6MFMR LLC−$1.5Mα-0.0JPMORGAN CHASE & CO−$1.2Mα-0.2Assenagon Asset Management S.A.exited−$1.1MDENALI ADVISORS LLCexited−$1.1MBlackRock, Inc.−$1.0Mα-0.2WOODWARD DIVERSIFIED CAPITAL, LLCexited−$928K
New buyers this quarter
Top-5 holders · 44.1%
FMR LLC--
BlackRock, Inc.--
DIMENSIONAL FUND ADVISORS LP--
FRANKLIN RESOURCES INC--
VANGUARD CAPITAL MANAGEMENT LLC--
Top Holders Over Time
5-year share-count history (top 10 holders by peak, incl. exited) + price
hover the chart for per-quarter detailprice (right axis)
FMR LLC2.9MFRANKLIN RESOURCES INC1.6MDavis Asset Management, L.P.1.0MALLIANCEBERNSTEIN L.P.597KGOLDMAN SACHS GROUP INC420KDAVIS CAPITAL PARTNERS, LLC—MANUFACTURERS LIFE INSURANCE COMPANY, THE421KNorth Reef Capital Management LP373KAMERICAN CENTURY COMPANIES INC454KJPMORGAN CHASE & CO263K
Analyst Coverage
Analyst Coverage
Price Targets
Last Quarter (1 analysts)$63.002400.0%
Last Year (6 analysts)$53.67560.0%
Current Price$50.80
Analyst Ratings
6
6
Buy: 6Hold: 6Consensus: Buy
Corporate
Order Flow (FINRA, ~3w lag)
13.3%retail+0.2pp
25.2%dark+2.5pp
week of 2026-04-13
Off-exchange volume from FINRA. Retail = non-ATS (wholesaler PFOF + broker internalization). Dark = ATS (dark-pool crossing networks, institutional). Lit-exchange = remainder.
Filing Risk Analysis
Filing Risk Scores
TriCo Bancshares: Mature Financial Reporting Architecture with Low Administrative Risk
Overall Risk
2/10
Fraud
1/10
Dilution
2/10
Insolvency
2/10
Earnings Overstated
2/10
Hidden Liabilities
2/10
Legal
1/10
Audit Warnings
1/10
Hidden Upside
1/10
Contextually Acceptable
10/10