TCBK

MKT CAP:$2B

TriCo Bancshares

Market Cap

$2B

Financial Services·Banks - Regional·🇺🇸 United States·NASDAQ

Financials·Banks - Regional·🇺🇸·NASDAQ

Stock Price

$50.59+$3.44 (+7.30%)

Apr 23, 2026

Company Details

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 busine...

CEO

Richard Smith

IPO Date

Apr 20, 1993

Website

www.tcbk.com

Key Metrics TTM

Revenue

$540M

+3.3% YoY

Net Income

$129M

EPS (Diluted)

$3.95

Free Cash Flow

$124M

Revenue / Share

$16.67

Gross Margin

77.1%

Operating Margin

33.3%

Net Margin

23.9%

FCF Margin

23.0%

P/S

2.9x

P/E

12.4x

Earnings Reports

Q1 2026

Mar 30, 2026

$135M+5.1%EPS $1.04

FY 2025

Mar 2, 2026

$533M+1.8%EPS $3.71

Q4 2025

Mar 2, 2026

$137M+4.5%EPS $1.03

Q3 2025

Nov 10, 2025

$136M+3.0%EPS $1.04

Q2 2025

Aug 11, 2025

$132M+0.5%EPS $0.84

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q2 22	$102M	$98M	$43M
Q3 22	$110M	$104M	$51M
Q4 22	$117M	$109M	$51M
Q1 23	$115M	$101M	$49M
Q2 23	$121M	$93M	$33M
Q3 23	$127M	$98M	$42M
Q4 23	$130M	$95M	$36M
Q1 24	$130M	$93M	$38M
Q2 24	$131M	$95M	$39M
Q3 24	$132M	$97M	$39M
Q4 24	$131M	$97M	$39M
Q1 25	$128M	$93M	$35M
Q2 25	$132M	$97M	$38M
Q3 25	$136M	$105M	$46M
Q4 25	$137M	$109M	$50M
Q1 26	$135M	$105M	$46M

Valuation

Quarter	P/S	P/E
Q2 22	4.3x	14.2x
Q3 22	4.0x	13.0x
Q4 22	3.9x	13.0x
Q1 23	3.1x	9.8x
Q2 23	2.4x	8.4x
Q3 23	2.2x	8.1x
Q4 23	2.8x	11.6x
Q1 24	2.3x	10.8x
Q2 24	2.5x	11.4x
Q3 24	2.7x	12.6x
Q4 24	2.7x	12.5x
Q1 25	2.5x	11.6x
Q2 25	2.5x	11.9x
Q3 25	2.8x	12.5x
Q4 25	2.9x	12.8x
Q1 26	2.8x	11.9x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 22	$35M	$34M
Q2 22	$37M	$36M
Q3 22	$36M	$35M
Q4 22	$55M	$54M
Q1 23	$39M	$38M
Q2 23	$17M	$15M
Q3 23	$46M	$46M
Q4 23	$37M	$36M
Q1 24	$25M	$24M
Q2 24	$32M	$31M
Q3 24	$29M	$27M
Q4 24	$24M	$23M
Q1 25	$25M	$23M
Q2 25	$29M	$28M
Q3 25	$45M	$43M
Q4 25	$34M	$30M

Capital Expenditures

Quarter	CapEx
Q1 22	$631.0K
Q2 22	$2M
Q3 22	$907.0K
Q4 22	$493.0K
Q1 23	$1M
Q2 23	$2M
Q3 23	$647.0K
Q4 23	$1M
Q1 24	$1M
Q2 24	$982.0K
Q3 24	$1M
Q4 24	$1M
Q1 25	$2M
Q2 25	$1M
Q3 25	$2M
Q4 25	$4M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q2 22	+22.7%	+33.9%
Q3 22	+32.8%	+33.4%
Q4 22	+36.0%	+39.1%
Q1 23	+38.5%	+20.4%
Q2 23	+19.0%	+49.4%
Q3 23	+14.9%	+43.9%
Q4 23	+11.2%	+42.1%
Q1 24	+12.8%	+39.5%
Q2 24	+8.2%	+4.8%
Q3 24	+4.1%	+9.3%
Q4 24	+1.0%	-1.3%
Q1 25	-1.0%	+1.1%
Q2 25	+0.5%	+2.2%
Q3 25	+3.0%	-3.3%
Q4 25	+4.5%	-5.1%
Q1 26	+5.1%	-4.2%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 22	$812.0K	1.0%
Q2 22	$930.0K	0.9%
Q3 22	$969.0K	0.9%
Q4 22	$1M	1.0%
Q1 23	$1M	0.9%
Q2 23	$930.0K	0.8%
Q3 23	$1M	0.9%
Q4 23	$1M	0.8%
Q1 24	$1M	0.9%
Q2 24	$1M	0.9%
Q3 24	$1M	0.9%
Q4 24	$1M	0.8%
Q1 25	$1M	0.9%
Q2 25	$1M	0.9%
Q3 25	$1M	0.9%
Q4 25	$0	0.0%

OpEx Breakdown

Quarter	G&A	S&M
Q2 22	$35M	$818.0K
Q3 22	$34M	$990.0K
Q4 22	$37M	$1M
Q1 23	$33M	$759.0K
Q2 23	$37M	$1M
Q3 23	$36M	$881.0K
Q4 23	$35M	$875.0K
Q1 24	$36M	$762.0K
Q2 24	$37M	$819.0K
Q3 24	$40M	$1M
Q4 24	$40M	$1M
Q1 25	$41M	$1M
Q2 25	$40M	$808.0K
Q3 25	$39M	$647.0K
Q4 25	$50M	$964.0K

War Chest

Quarter	Cash	Short-term Investments	Total
Q2 22	$489M	$2.6B	$3.1B
Q3 22	$247M	$2.5B	$2.7B
Q4 22	$107M	$2.5B	$2.6B
Q1 23	$110M	$2.4B	$2.5B
Q2 23	$119M	$2.3B	$2.4B
Q3 23	$111M	$2.2B	$2.3B
Q4 23	$99M	$2.2B	$2.3B
Q1 24	$83M	$2.1B	$2.2B
Q2 24	$207M	$1.9B	$2.1B
Q3 24	$320M	$2.0B	$2.3B
Q4 24	$145M	$8M	$153M
Q1 25	$308M	$1.9B	$2.2B
Q2 25	$314M	$8M	$322M
Q3 25	$299M	$117.0K	$299M
Q4 25	$157M	$57.0K	$157M
Q1 26	$301M	$0	$301M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q2 22	34M	+11.6%	+12.7%
Q3 22	33M	-0.7%	+12.1%
Q4 22	33M	+0.0%	+12.0%
Q1 23	33M	-0.1%	+10.7%
Q2 23	33M	-0.4%	-1.2%
Q3 23	33M	+0.1%	-0.4%
Q4 23	33M	+0.1%	-0.3%
Q1 24	33M	+0.1%	-0.2%
Q2 24	33M	-0.4%	-0.2%
Q3 24	33M	-0.3%	-0.5%
Q4 24	33M	+0.1%	-0.6%
Q1 25	33M	-0.1%	-0.7%
Q2 25	33M	-0.6%	-0.9%
Q3 25	33M	-0.6%	-1.2%
Q4 25	33M	-0.3%	-1.6%
Q1 26	32M	-0.7%	-2.2%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q2 22	$93.0K	1K
Q3 22	$101.0K	1K
Q4 22	$96.7K	1K
Q1 23	$94.9K	1K
Q2 23	$100.0K	1K
Q3 23	$104.9K	1K
Q4 23	$107.8K	1K
Q1 24	$107.3K	1K
Q2 24	$108.5K	1K
Q3 24	$109.4K	1K
Q4 24	$112.1K	1K
Q1 25	$109.5K	1K
Q2 25	$112.3K	1K
Q3 25	$116.1K	1K
Q4 25	$1.8K	75K
Q1 26	$1.8K	75K

Revenue / Employee