TriCo Bancshares (TCBK) EVP CFO Peter Wiese Buys 6,259 Shares

Peter Wiese, the Executive Vice President and Chief Financial Officer of TriCo Bancshares (TCBK), increased his stake in the company on June 25, 2026. According to recent records, Wiese acquired 6,259 shares of the bank's stock. This move was part of a broader series of transactions by the bank's top leadership on that same day, suggesting a unified front from the executive team.

CFO Joins Executive Buying Trend

Wiese's purchase of 6,259 shares represents a significant addition to his holdings. While the specific price for this transaction wasn't listed, the stock was trading near $53.25 around that time. This purchase coincided with several other insiders at the bank making similar moves, showing that the company's financial leadership is putting more of their own capital into the business they run.

TriCo Bancshares Stock Performance

On Monday, shares of TriCo Bancshares were priced at $53.25. The stock has shown resilience over the past year, staying well above its 52-week low of $40.44. Currently, the price is trading above its 200-day moving average of $51.46, which is often seen by technical traders as a sign of a healthy long-term trend. With a price-to-earnings (P/E) ratio of 12.7, the stock is valued at a level that is common for regional banks of its size.

Recent Earnings and Financial Growth

In its latest financial reports, the bank showed a revenue growth of 10.4%, bringing its total revenue to roughly $426.2 million. The company remains highly profitable, with a return on equity of 10.4% and a net margin of 31.8%. These figures suggest the bank is efficiently managing its costs while growing its top line. Investors are looking forward to the next earnings announcement, which is scheduled for October 22, 2026.

Dividend Stability

The bank continues to provide regular income to its investors. It currently pays an annual dividend of $1.44 per share, which works out to a 2.71% yield. The payout ratio stands at 34.5%, meaning the company uses about a third of its earnings to cover the dividend, leaving plenty of room for both the payment and future business investments.

Wave of Insider Buying and Selling

June 25, 2026, was an exceptionally busy day for the TriCo Bancshares front office. CEO and President Richard Smith led the group by purchasing 14,513 shares. EVP Chief Credit Officer Craig Carney bought 4,561 shares, while SVP General Counsel Gregory Gehlmann added 2,876 shares. Chief Information Officer Jason Todd Levingston had mixed activity, buying 1,604 shares but also selling 940 shares at $53.55. Additionally, Chief Risk Officer Rudd Angela Tamara sold 667 shares on the same date.

Analysts Set New Price Targets

Wall Street analysts have been keeping a close eye on the bank's trajectory. On October 1, 2026, Piper Sandler maintained a Neutral rating but adjusted its price target to $56.50. This followed a series of updates in July 2026, where DA Davidson maintained a Neutral rating with a $65.00 target. Raymond James recently moved the stock to a Market Perform rating. Overall, the group of five analysts covering the stock has a mean price target of $62.81, which is higher than the current trading price.

About TriCo Bancshares

TriCo Bancshares is the parent company of Tri Counties Bank, a regional financial institution based in Chico, California. Founded in 1975, the bank provides a wide range of services including small business loans, residential mortgages, and wealth management. It serves both individual and corporate customers across its branch network, focusing on traditional community banking with modern digital services.

What to Watch at TriCo Bancshares

Investors should monitor the upcoming October earnings report to see if the bank can maintain its double-digit revenue growth. While the flurry of insider buying on June 25 suggests confidence from the executive suite, these reports reflect past actions and do not guarantee future stock performance. Further filings will reveal if Wiese and his colleagues continue to build their positions as the year progresses.