Updated
Updated · Yahoo Finance · Aug 23
TriCo Bancshares Screens 30.2% Undervalued Despite 74.9% 3-Year Gain
Updated
Updated · Yahoo Finance · Aug 23

TriCo Bancshares Screens 30.2% Undervalued Despite 74.9% 3-Year Gain

1 articles · Updated · Yahoo Finance · Aug 23

Summary

  • $78.90 per share is the intrinsic value implied by the Excess Returns model, versus the current market price, leaving TriCo Bancshares at a modeled 30.2% discount.
  • The estimate rests on relatively steady profitability rather than fast growth, using a $42.03 book value, $4.46 stable EPS and $1.20 excess return per share from four analysts' weighted forecasts.
  • That valuation case is not clean-cut: TriCo's earnings multiple still screens as expensive, and the stock scores only 3 out of 6 on broader valuation checks.
  • A 74.9% share-price gain over the past three years means investors have already priced in significant improvement, leaving future support tied to stable profitability, cash generation, loan quality and funding costs.

Insights

With models valuing TriCo at nearly $79, are shareholders actually losing out on the $63 First Hawaiian buyout deal?
If the pending First Hawaiian acquisition falls through, could TriCo shares unexpectedly surge toward their theoretical intrinsic value?