The CEO & President of Trico Bancshares (NASDAQ: TCBK) is Buying Shares

Yesterday, the CEO & President of Trico Bancshares (TCBKResearch Report), Richard P. Smith, bought shares of TCBK for $131.6K.

Following Richard P. Smith’s last TCBK Buy transaction on August 25, 2020, the stock climbed by 11.9%. Following this transaction Richard P. Smith’s holding in the company was increased by 1.59% to a total of $57.82 million.

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Based on Trico Bancshares’ latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $81.36 million and quarterly net profit of $33.65 million. In comparison, last year the company earned revenue of $73.68 million and had a net profit of $16.12 million. The company has a one-year high of $51.66 and a one-year low of $23.38. Currently, Trico Bancshares has an average volume of 47.84K.

The insider sentiment on Trico Bancshares has been positive according to 46 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.