TriCo Bancshares (TCBK) Declares Quarterly Dividend of $0.17

TriCo Bancshares (NASDAQ:TCBK) announced a quarterly dividend on Tuesday, November 28th, NASDAQ reports. Stockholders of record on Friday, December 15th will be given a dividend of 0.17 per share by the financial services provider on Friday, December 29th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.63%. The ex-dividend date of this dividend is Thursday, December 14th.

TriCo Bancshares (NASDAQ:TCBK) traded down $0.18 during trading hours on Friday, hitting $41.64. The stock had a trading volume of 70,468 shares, compared to its average volume of 74,453. TriCo Bancshares has a 52-week low of $32.66 and a 52-week high of $43.79. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.79 and a quick ratio of 0.79. The firm has a market cap of $959.41, a PE ratio of 19.45, a PEG ratio of 1.91 and a beta of 0.90.

TriCo Bancshares (NASDAQ:TCBK) last posted its earnings results on Tuesday, October 31st. The financial services provider reported $0.51 EPS for the quarter, missing the Zacks’ consensus estimate of $0.54 by ($0.03). TriCo Bancshares had a net margin of 21.87% and a return on equity of 10.17%. The business had revenue of $57.01 million for the quarter, compared to analyst estimates of $56.99 million. equities research analysts expect that TriCo Bancshares will post 2.19 earnings per share for the current year.

Several research firms recently issued reports on TCBK. Zacks Investment Research upgraded TriCo Bancshares from a “hold” rating to a “buy” rating and set a $46.00 price objective on the stock in a report on Thursday, November 2nd. BidaskClub cut TriCo Bancshares from a “sell” rating to a “strong sell” rating in a report on Saturday, August 19th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $41.50.

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TriCo Bancshares Company Profile

TriCo Bancshares is a bank holding company. The Company’s principal subsidiary is Tri Counties Bank, a California-chartered commercial bank (the Bank). The Bank offers banking services to retail customers and small to medium-sized businesses through 68 branch offices in Northern and Central California.

Dividend History for TriCo Bancshares (NASDAQ:TCBK)

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