Today, the CEO & President of Trico Bancshares (NASDAQ: TCBK), Richard P. Smith, bought shares of TCBK for $24.13K.
Following Richard P. Smith’s last TCBK Buy transaction on February 18, 2010, the stock climbed by 23.5%.
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Based on Trico Bancshares’ latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $60.69 million and quarterly net profit of $15.03 million. In comparison, last year the company earned revenue of $57.98 million and had a net profit of $13.59 million. TCBK’s market cap is $901.1M and the company has a P/E ratio of 20.72. Currently, Trico Bancshares has an average volume of 46.72K.
Starting in March 2018, TCBK received 7 Buy ratings in a row. Four different firms, including KBW and Raymond James, currently also have a Buy rating on the stock.
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TriCo Bancshares is a bank holding company, which engages in business through its wholly owned subsidiary, Tri Counties Banks. Its subsidiary offers banking services to retail customers and small to medium-sized businesses. The company was founded on October 13, 1981 and is headquartered in Chico, CA.
