The EVP of Trico Bancshares (TCBK) is Buying Shares


Yesterday, the EVP of Trico Bancshares (TCBK), Daniel Bailey, bought shares of TCBK for $37.04K.

This recent transaction increases Daniel Bailey’s holding in the company by 2.76% to a total of $1.7 million. In addition to Daniel Bailey, one other TCBK executive reported Buy trades in the last month.

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Based on Trico Bancshares’ latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $79.36 million and quarterly net profit of $22.73 million. In comparison, last year the company earned revenue of $59.42 million and had a net profit of $13.91 million. TCBK’s market cap is $1.14B and the company has a P/E ratio of 14.09. Currently, Trico Bancshares has an average volume of 64.46K.

Starting in July 2018, TCBK received 15 Buy ratings in a row.

The insider sentiment on Trico Bancshares has been positive according to 60 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

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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.

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