Daniel Bailey Purchases Shares of TriCo Bancshares

TriCo's EVP Chief Banking Officer, Daniel Bailey, acquires 1,608 shares.

Key Points

  • Daniel Bailey, EVP Chief Banking Officer, bought 1,608 shares of TriCo Bancshares on June 12, 2026.
  • TriCo Bancshares trades at $51.67 with a market cap of $1.66 billion and a P/E ratio of 13.1.
  • Piper Sandler maintains a 'buy' rating for TriCo Bancshares with a target price of $63.

Daniel Bailey, the Executive Vice President and Chief Banking Officer of TriCo Bancshares, purchased 1,608 shares of the company on June 12, 2026. This transaction was not conducted under a pre-planned trading program. TriCo Bancshares, trading under the ticker TCBK on the NasdaqGS, saw its shares priced at $51.67 around this time.

Insider Buying and Selling at TriCo Bancshares

In addition to Daniel Bailey's purchase, several other executives were active in TriCo Bancshares stock on June 12, 2026. Peter Wiese, EVP Chief Financial Officer, both bought and sold 2,104 shares. Jason Todd Levingston, the Chief Information Officer, acquired 539 shares, while Craig Carney, EVP Chief Credit Officer, sold 899 shares at $52.64 each. Angela Tamara Rudd, the Chief Risk Officer, purchased 245 shares.

Other Institutional Activity in TriCo Bancshares

Several institutional investors also made moves in TriCo Bancshares. FMR LLC trimmed its stake by 32,534 shares, holding 2,890,248 shares valued at approximately $137.4 million. BlackRock, Inc. reduced its position by 21,700 shares, ending with 2,392,458 shares worth about $113.7 million. Dimensional Fund Advisors LP increased its holdings by 11,298 shares to a total of 1,696,463 shares, valued at $80.6 million. Franklin Resources Inc. added 12,652 shares, bringing its total to 1,649,900 shares, valued at $78.4 million. Vanguard Capital Management LLC entered with 1,275,507 shares, valued at $60.6 million.

TriCo Bancshares Stock Snapshot

Shares of TriCo Bancshares (NasdaqGS: TCBK) are trading around $51.67. The company boasts a market capitalization of $1.66 billion and a P/E ratio of 13.1. Over the past 52 weeks, the stock has ranged from $37.96 to $53.18. Its 50-day moving average is $50.35, and the 200-day moving average stands at $47.86. TriCo Bancshares has a beta of 0.626, indicating it is less volatile compared to the broader market.

Recent Earnings

TriCo Bancshares reported revenues of $415.9 million, with a growth rate of 10.7%. The company achieved a net margin of 30.99% and a return on equity of 9.99%. Earnings per share stood at $3.94. The next earnings report is scheduled for July 23, 2026.

Dividend

TriCo Bancshares offers an annual dividend rate of $1.44, yielding 2.79%. The dividend payout ratio is 35.79%.

Analysts Set New Price Targets

On April 27, 2026, Piper Sandler maintained a 'buy' rating for TriCo Bancshares, setting a price target of $63. Keefe, Bruyette & Woods maintained a 'hold' rating with a target of $55 on January 26, 2026. Stephens & Co. also maintained a 'buy' rating with a $55 target on the same date. The consensus among analysts is a 'buy' recommendation, with an average target price of $56 based on six analyst opinions.

About TriCo Bancshares

TriCo Bancshares is a bank holding company for Tri Counties Bank, headquartered in Chico, California. Founded in 1975, it provides a range of commercial and retail banking services to both individual and corporate clients. The bank offers various deposit accounts, loans, and other financial services including wealth management and treasury management. Led by CEO Richard P. Smith, TriCo employs over 1,100 people.

Bottom Line

The recent insider activity at TriCo Bancshares, including Daniel Bailey's purchase, reflects ongoing interest in the company's stock. Institutional investors have also been active, with both increases and reductions in holdings. Analysts continue to have a positive outlook, maintaining 'buy' ratings with high target prices. As always, it's important for investors to consider that insider transactions and 13F filings are backward-looking and may not indicate the current position.

See Also

This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.