TriCo Story

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TCBK -- USA Stock  

USD 23.89  0.20  0.84%

TriCo Bancshares is scheduled to announce its earnings tomorrow. The next earnings report is expected on the 26th of October 2020. TriCo Bancshares Enterprise Value is increasing as compared to previous years. The preceding year's Enterprise Value was reported at 430.77 Million. The current Invested Capital is estimated to increase to about 1.9 B, while Average Equity is projected to decrease to under 320.8 M. While some millenniums are indifferent towards financial services space, it makes sense to examine TriCo Bancshares as a unique investment alternative. What exactly are TriCo Bancshares shareholders getting in August?
Published over two months ago
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Should I hold on to my TriCo position?
TriCo Bancshares currently holds 106.64 M in liabilities with Debt to Equity (D/E) ratio of 0.15, which may suggest TriCo Bancshares is not taking enough advantage from borrowing. The entity has a beta of 1.6867, which indicates a somewhat significant risk relative to the market. Let's try to break down what TriCo's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, TriCo Bancshares will likely underperform. Although it is extremely important to respect TriCo Bancshares current price movements, it is better to be realistic regarding the information on equity historical returns. The philosophy towards measuring future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By inspecting TriCo Bancshares technical indicators, you can presently evaluate if the expected return of 0.0435% will be sustainable into the future. TriCo Bancshares right now has a risk of 4.03%. Please validate TriCo Bancshares sortino ratio, skewness, price action indicator, as well as the relationship between the potential upside and rate of daily change to decide if TriCo Bancshares will be following its existing price patterns.
TriCo Bancshares financial leverage ratio helps determine the effect of debt on the overall profitability of the company. It measures the total debt position of TriCo Bancshares, including all of TriCo Bancshares's outstanding debt obligations, and compares it with the equity. In simple terms, the high financial leverage means the cost of production, together with running the business day-to-day, is high, whereas, lower financial leverage implies lower fixed cost investment in the business and generally considered by investors to be a good sign. So if creditors own a majority of TriCo Bancshares assets, the company is considered highly leveraged. Understanding the composition and structure of overall TriCo Bancshares debt and outstanding corporate bonds gives a good idea of how risky the capital structure of a business is and if it is worth investing in it. Please read more on our technical analysis page.

How important is TriCo Bancshares's Liquidity

TriCo Bancshares financial leverage refers to using borrowed capital as a funding source to finance TriCo Bancshares ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. TriCo Bancshares financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between TriCo Bancshares's total debt and its cash.

How TriCo utilizes its cash?

To perform a cash flow analysis of TriCo Bancshares, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash TriCo Bancshares is receiving and how much cash it distributes out in a given period. The TriCo Bancshares cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities. TriCo Bancshares Net Cash Flow from Operations is increasing as compared to previous years. The last year's value of Net Cash Flow from Operations was reported at 102.81 Million

A Deeper look at TriCo

The entity reported the previous year's revenue of 301.13 M. Net Income was 85.47 M with profit before overhead, payroll, taxes, and interest of 311.37 M.
 2019 2020 (projected)
Net Income92.07 M99.34 M
Gross Profit183.2 M149.7 M

Analysis of TriCo Bancshares

Recent variance is at 16.22. As of the 25th of July, TriCo Bancshares has the Coefficient Of Variation of 2922.84, semi deviation of 3.27, and Risk Adjusted Performance of 0.0635. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of TriCo Bancshares, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to break down and interpolate data for nineteen technical drivers for TriCo Bancshares, which can be compared to its competition. Please validate TriCo Bancshares jensen alpha, as well as the relationship between the potential upside and skewness to decide if TriCo Bancshares is priced more or less accurately, providing market reflects its prevalent price of 29.14 per share. Given that TriCo Bancshares has jensen alpha of (0.15), we advise you to double-check TriCo Bancshares's current market performance to make sure the company can sustain itself at a future point.

Our Conclusion on TriCo Bancshares

When is the right time to buy or sell TriCo Bancshares? Buying stocks such as TriCo Bancshares isn't very hard. However, what challenging for most investors is doing it at the right time. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities, deliver winning trades and diversify portfolios on a daily bases. To sum up, as of the 25th of July 2020, our analysis shows that TriCo Bancshares actively responds to the market. The firm is undervalued and projects low probability of financial unrest for the next 2 years. Our up-to-date 30 days buy-sell recommendation on the firm is Cautious Hold.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Raphi Shpitalnik do not own shares of TriCo Bancshares. Please refer to our Terms of Use for any information regarding our disclosure principles.

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