KBW analyst Kelly Motta maintained a Hold rating on Trico Bancshares (TCBK – Research Report) yesterday and set a price target of $42.00. The company’s shares closed yesterday at $34.24.
Motta covers the Financial sector, focusing on stocks such as Glacier Bancorp, Washington Federal, and Banc of California. According to TipRanks, Motta has an average return of 6.9% and a 61.29% success rate on recommended stocks.
Trico Bancshares has an analyst consensus of Hold, with a price target consensus of $42.00.
Based on Trico Bancshares’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $102.66 million and a net profit of $26.08 million. In comparison, last year the company earned a revenue of $114.78 million and had a net profit of $36.34 million
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Trico Bancshares (TCBK) Company Description:
TriCo Bancshares is a bank holding company, which engages in banking services to retail customers and small to medium-sized businesses through its wholly owned subsidiary. The company was founded on October 13, 1981 and is headquartered in Chico, CA.
