회사 개요
TriCo Bancshares operates as a bank holding company that oversees Tri Counties Bank, an institution dedicated to delivering commercial and retail banking services to both individual and corporate clientele. The entity functions within the Financial Services sector and specifically the Banks - Regional industry, positioning it as a key provider of localized financial solutions across the United States. The company maintains a market capitalization of $1.63B, generates annual revenue of $405.78M, and employs a workforce of 1,135 individuals. These valuation and operational metrics indicate that the firm holds a significant footprint within the regional banking landscape, reflecting a substantial asset base and a robust operational structure capable of managing complex deposit and lending operations.
재무 건전성
The company reported a revenue of $405.78M for the trailing twelve months, with a corresponding net income of $121.56M, while specific EBITDA figures are not disclosed in the available data. The substantial difference between the reported revenue and net income highlights a cost structure typical of banking operations, where a significant portion of gross revenue is consumed by the cost of funds and operating expenses before arriving at the bottom line. Regarding cash flow metrics, free cash flow data is not available, which limits the direct assessment of immediate financial flexibility derived from operations versus capital expenditures. The company's margin profile includes a gross margin of 0.0%, an operating margin of 43.1%, and a profit margin of 30.0%, indicating that while banking services incur high direct costs, the core business model generates strong profitability after covering all operational expenditures. In terms of liquidity and leverage, the company holds $92.91M in cash against $80.23M in total debt, though the debt-to-equity ratio is not listed, preventing a precise leverage calculation. The current ratio is not provided, so an assessment of short-term liquidity relative to current liabilities cannot be numerically quantified based on the current dataset. Return on Equity stands at 9.5% and Return on Assets is 1.2%, metrics that reveal the effectiveness of management in utilizing shareholder equity and total assets to generate consistent earnings for the bank.
밸류에이션 평가
The stock currently trades with a trailing P/E ratio of 13.56 and a forward P/E ratio of 11.90, suggesting that the market anticipates earnings growth that will compress the multiple over the coming year. The price-to-book ratio is recorded at 1.22, indicating that the market values the company at a slight premium over its tangible book value, which is common for regional banks with strong brand equity and franchise value. Alternative valuation metrics include a price-to-sales ratio of 4.02, while the EV/EBITDA ratio is not applicable due to the absence of EBITDA data in the financial reports. The share price has historically ranged between a 52-week low of $35.20 and a 52-week high of $53.18, providing a historical context for volatility and trading ranges without specifying the exact current price location relative to these extremes. The beta value is 0.60, which signifies that the stock exhibits lower price volatility compared to the broader market, making it potentially more stable during periods of heightened market sentiment shifts.
Growth & Income
Revenue growth stands at 6.6% year-over-year, while earnings growth is significantly higher at 17.2% year-over-year, implying that the company is improving its cost efficiency or leveraging higher-margin lending activities to drive profitability faster than top-line expansion. As a dividend payer, the company offers a dividend yield of 2.8% with a payout ratio of 37.3%, a level that suggests the dividend is well-covered by earnings and likely sustainable given the strong profit margin. The relatively low payout ratio indicates that the majority of earnings are retained within the company to bolster capital reserves or fund organic growth initiatives rather than being fully distributed to shareholders. Overall, the company presents a growth and income profile characterized by accelerating earnings expansion, a conservative dividend policy that supports capital adequacy, and a valuation that reflects steady but not explosive expansion within the regional banking sector.