TriCo Bancshares EVP Craig Carney Purchases Shares
Craig Carney, EVP Chief Credit Officer, buys 4,561 shares of TriCo Bancshares.
Key Points
- Craig Carney, EVP Chief Credit Officer at TriCo Bancshares, purchased 4,561 shares of TCBK on June 25, 2026.
- TriCo Bancshares, trading at $53.91, has a market cap of $1.73 billion and a P/E ratio of 13.68.
- Peers like Vanguard Capital Management opened new positions, while FMR LLC reduced their holdings.
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Craig Carney, the Executive Vice President and Chief Credit Officer of TriCo Bancshares, purchased 4,561 shares of the company's stock on June 25, 2026. This insider transaction was reported without a specified price or total value.
Insider Buying and Selling at TriCo Bancshares
On June 25, 2026, several insiders at TriCo Bancshares engaged in transactions. Craig Carney, EVP Chief Credit Officer, bought 4,561 shares. Peter Wiese, EVP Chief Financial Officer, also purchased 6,259 shares. Angela Tamara Rudd, Chief Risk Officer, added 729 shares. Meanwhile, Daniel Bailey, EVP Chief Banking Officer, sold 4,373 shares and later bought back 4,782 shares. CEO Richard Smith sold 13,271 shares, and Gregory Gehlmann, SVP General Counsel, sold 1,686 shares at $53.55 each.
Other Institutional Activity in TriCo Bancshares
Vanguard Capital Management LLC opened a new position in TriCo Bancshares with 1,275,507 shares valued at approximately $60.64 million. Dimensional Fund Advisors LP increased its holdings by 11,298 shares, bringing its total to 1,696,463 shares worth about $80.65 million, a 0.7% increase. Similarly, Franklin Resources Inc. added 12,652 shares, growing its stake by 0.8% to 1,649,900 shares valued at $78.44 million. Conversely, FMR LLC reduced its holdings by 32,534 shares, ending with 2,890,248 shares valued at $137.40 million, a 1.1% decrease. BlackRock, Inc. trimmed its position by 21,700 shares, now holding 2,392,458 shares worth $113.74 million, a 0.9% decrease.
TriCo Bancshares Stock Up 0.2%
As of Monday, shares of NasdaqGS:TCBK traded near $53.91. TriCo Bancshares has a market cap of approximately $1.73 billion and a P/E ratio of 13.68. The stock's 52-week range spans from $39.69 to $54.17. It has a 50-day moving average of $50.73 and a 200-day moving average of $48.13. The company's beta is 0.626, indicating lower volatility compared to the broader market.
$TCBK stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
In its latest earnings report, TriCo Bancshares posted revenue of $415.93 million, reflecting a growth of 10.7%. The company's net margin stood at 30.99%, with a return on equity of 9.99%. Earnings per share were $3.94. Investors are anticipating the next earnings release on July 23, 2026.
Dividend
TriCo Bancshares offers an annual dividend rate of $1.44, yielding 2.67%. The payout ratio is 35.79%, indicating a sustainable dividend policy.
Analysts Set New Price Targets
On April 27, 2026, Piper Sandler maintained its buy rating on TriCo Bancshares, setting a price target of $63.0. Stephens & Co. and Keefe, Bruyette & Woods also maintained buy and hold ratings, respectively, with price targets of $55.0. The consensus among six analysts is a buy rating, with an average target price of $56.17.
About TriCo Bancshares
TriCo Bancshares is a bank holding company headquartered in Chico, California. It operates through its subsidiary, Tri Counties Bank, providing a range of commercial and retail banking services. The company offers various deposit accounts, small business loans, real estate mortgages, and consumer loans. Additionally, TriCo provides treasury management, credit and debit card services, and wealth management solutions. Founded in 1975, the company is led by CEO Richard P. Smith and employs over 1,100 people.
Bottom Line
Craig Carney's purchase of shares in TriCo Bancshares highlights ongoing insider interest in the company. As a regional bank, TriCo offers a diverse range of financial services, and its stock has shown steady performance with a P/E ratio of 13.68. Institutional activity and analyst ratings suggest continued interest and potential growth in the company's stock. However, it's important to remember that insider transactions and institutional holdings are backward-looking and may not reflect current positions.
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This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.