TriCo Bancshares CEO Richard Smith Increases Stake
CEO Richard Smith bought 4,879 shares of TriCo Bancshares on June 12, 2026.
Key Points
- Richard Smith, CEO of TriCo Bancshares, purchased 4,879 shares on June 12, 2026.
- TriCo's stock is trading at $51.67 with a market cap of $1.66 billion and a P/E ratio of 13.11.
- Analysts have set a mean price target of $56.00, with Piper Sandler maintaining a 'buy' rating.
On June 12, 2026, Richard Smith, the CEO and President of TriCo Bancshares, purchased 4,879 shares of the company. This insider buying reflects Smith's continued confidence in the bank, which trades under the ticker TCBK on the NasdaqGS. The stock is currently priced at $51.67.
Other Institutional Activity in TriCo Bancshares
FMR LLC reduced its holdings by 32,534 shares, ending with 2,890,248 shares valued at approximately $137.4 million. BlackRock, Inc. trimmed its position by 21,700 shares, leaving it with 2,392,458 shares worth about $113.7 million. Meanwhile, Dimensional Fund Advisors LP increased its stake by 11,298 shares to a total of 1,696,463 shares, valued at approximately $80.6 million. Franklin Resources Inc also boosted its holdings by 12,652 shares, bringing its total to 1,649,900 shares valued at around $78.4 million. Vanguard Capital Management LLC maintained its position with 1,275,507 shares, valued at roughly $60.6 million.
TriCo Bancshares Stock Snapshot
Shares of NasdaqGS:TCBK are trading near $51.67. TriCo Bancshares has a market cap of $1.66 billion, a P/E ratio of 13.11, and a beta of 0.626. The stock's 52-week range is between $37.96 and $53.18, with a 50-day moving average of $50.35 and a 200-day moving average of $47.86.
Recent Earnings
For its most recent quarter, TriCo Bancshares reported revenue of $415.9 million, reflecting 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 release is scheduled for July 23, 2026.
Dividend
TriCo Bancshares offers an annual dividend rate of $1.44, yielding 2.79% at current prices. The dividend payout ratio is 35.79%.
Insider Buying and Selling at TriCo Bancshares
On June 12, 2026, several insiders engaged in transactions. CEO Richard Smith bought 4,879 shares. EVP Chief Financial Officer Peter Wiese bought 2,104 shares and sold the same amount. EVP Chief Banking Officer Daniel Bailey sold 1,608 shares, while Chief Information Officer Jason Todd Levingston purchased 539 shares. EVP Chief Credit Officer Craig Carney sold 899 shares at an average price of $52.64. Chief Risk Officer Angela Tamara Rudd acquired 245 shares.
Analysts Set New Price Targets
On April 27, 2026, Piper Sandler maintained a 'buy' rating with a $63.00 price target. Stephens & Co. held a 'buy' rating with a $55.00 target on January 26, 2026. Keefe, Bruyette & Woods maintained a 'hold' rating with a $55.00 target. DA Davidson also maintained a 'hold' rating with a $54.00 target. The consensus among six analysts is a 'buy' rating, with a mean price target of $56.00.
About TriCo Bancshares
TriCo Bancshares is a bank holding company based in Chico, California. It operates Tri Counties Bank, providing a range of commercial and retail banking services. The bank offers various deposit accounts, loans, and treasury management services, catering to both individual and corporate clients. Founded in 1975, the company employs over 1,100 people and is led by CEO Richard Smith.
Bottom Line
Richard Smith's purchase of shares in TriCo Bancshares demonstrates his confidence in the company's future. The stock's current valuation and analyst ratings suggest continued interest from investors. As always, remember that insider transactions like these are disclosed after the fact and may not indicate future performance.
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.
