MQS Management LLC Makes New Investment in TriCo Bancshares $TCBK

Posted by Francis Steltz on Jul 1st, 2026

MQS Management LLC bought a new position in shares of TriCo Bancshares (NASDAQ:TCBK – Free Report) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 11,153 shares of the financial services provider’s stock, valued at approximately $530,000.

Other large investors have also made changes to their positions in the company. North Reef Capital Management LP acquired a new stake in shares of TriCo Bancshares in the fourth quarter valued at approximately $22,994,000. Mercer Global Advisors Inc. ADV acquired a new position in TriCo Bancshares during the third quarter worth $6,972,000. Millennium Management LLC grew its holdings in TriCo Bancshares by 292.7% in the 3rd quarter. Millennium Management LLC now owns 135,318 shares of the financial services provider’s stock valued at $6,009,000 after buying an additional 100,858 shares in the last quarter. FJ Capital Management LLC purchased a new stake in TriCo Bancshares in the 4th quarter valued at $4,381,000. Finally, Jain Global LLC acquired a new stake in shares of TriCo Bancshares in the 4th quarter worth $3,613,000. 59.11% of the stock is currently owned by hedge funds and other institutional investors.

TriCo Bancshares Stock Performance

NASDAQ:TCBK opened at $53.85 on Wednesday. TriCo Bancshares has a fifty-two week low of $39.69 and a fifty-two week high of $54.17. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.86 and a current ratio of 0.87. The company has a 50 day moving average price of $50.90 and a 200 day moving average price of $49.65. The stock has a market capitalization of $1.72 billion, a P/E ratio of 13.63 and a beta of 0.60.

TriCo Bancshares (NASDAQ:TCBK – Get Free Report) last announced its earnings results on Monday, March 2nd. The financial services provider reported $1.03 earnings per share (EPS) for the quarter. TriCo Bancshares had a return on equity of 9.87% and a net margin of 23.71%.The company had revenue of $111.21 million for the quarter. Equities research analysts forecast that TriCo Bancshares will post 4.22 EPS for the current year.

TriCo Bancshares Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Friday, June 5th were paid a $0.36 dividend. The ex-dividend date of this dividend was Friday, June 5th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 2.7%. TriCo Bancshares’s payout ratio is presently 36.46%.

Analyst Ratings Changes

Several research analysts have recently commented on the company. Zacks Research cut shares of TriCo Bancshares from a “strong-buy” rating to a “hold” rating in a research report on Friday, June 5th. Piper Sandler raised their price objective on shares of TriCo Bancshares from $59.00 to $63.00 and gave the stock an “overweight” rating in a research report on Monday, April 27th. Four analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, TriCo Bancshares currently has an average rating of “Moderate Buy” and a consensus price target of $54.60.

Check Out Our Latest Stock Analysis on TCBK

TriCo Bancshares Profile

(Free Report)

TriCo Bancshares, Inc is the bank holding company for Tri Counties Bank, a community-oriented financial institution headquartered in Chico, California. Through its wholly owned subsidiary, the company provides a comprehensive range of banking and financial services to individuals, small businesses, and commercial clients. Offering a full suite of deposit accounts, lending solutions and digital banking tools, TriCo Bancshares combines personalized service with modern technology to meet the evolving needs of its customers.

The company’s core products and services include commercial and consumer lending, deposit and cash management solutions, mortgage banking, and agricultural financing.