Mutual of America Capital Management 13F: Exits TCBK Stake

Mutual of America Capital Management closed its position in TriCo Bancshares TCBK, selling all 85,878 shares it held according to a Form 13F filing on October 23, 2026. The complete exit wiped out a stake that had been valued at earlier reporting periods. TriCo Bancshares operates as a regional bank holding company providing standard checking, savings, and commercial loan services across its footprint. Institutional holdings shift regularly as money managers rebalance portfolios across different financial institutions.

TCBK TriCo Bancshares

$52.72 ▲ +14.24% year to date

1M 3M YTD

Daily close · Oct 23, 2026

What Changed in Mutual of America Capital Management's TriCo Bancshares Position

The fund sold out of TriCo Bancshares entirely, dropping its entire holding of 85,878 shares down to zero. Because the fund completely exited the equity, the move represents a 100.0% reduction in this specific stock holding. Shares of TriCo Bancshares closed at $52.72 on the day of the October 23, 2026 filing.

Other Institutional Activity in TriCo Bancshares

Franklin Resources, Inc. grew its holdings by 8,084 shares, ending with 1,657,951 shares worth about $87,407,178. Davis Asset Management, L.P. kept its stake flat, holding 1,046,900 shares valued at about $55,192,569 after a 0.0% change. North Reef Capital Management LP grew its holdings by 293,922 shares, ending with 667,061 shares worth about $35,167,456 following a 78.8% increase. Alliancebernstein L.P. grew its holdings by 46,046 shares, ending with 643,276 shares worth about $33,913,511 after a 7.7% increase.

TriCo Bancshares Stock Up 3.0%

TriCo Bancshares recently traded around $54.39 as of October 24, 2026, which puts the regional bank up about 3.2% from its event-day close of $52.72. The stock sits 11.9% below its 52-week high of $61.71 and well above its 52-week low of $41.98. The shares also trade above both their 50-day moving average of $53.33 and their 200-day moving average of $51.84. With a price-to-earnings ratio of 12.59, the bank's valuation remains close to its regional peers.

Recent Earnings

TriCo Bancshares reported trailing twelve-month revenue of $437,865,984 and diluted earnings of $4.32 per share. The regional bank posted a net profit margin of 31.8% and a return on equity of 10.6%. The company's next earnings update is scheduled for January 21, 2027.

Dividend

TriCo Bancshares pays an annual dividend rate of $1.44 per share, translating to a dividend yield of 2.65%. The payout ratio sits at 34.5%, meaning the bank uses about a third of its earnings to support shareholder payouts.

Analysts Set New Price Targets

Wall Street firms have adjusted their views on the stock through recent months. On July 14, 2026, Piper Sandler lowered its price target to $61.00 from $63.00 while maintaining a neutral stance. Raymond James also downgraded the stock to market perform on July 14, 2026. Later, on July 27, 2026, Piper Sandler kept a neutral rating with a $63.00 target, while DA Davidson maintained a neutral rating with a $65.00 target. Most recently, on October 1, 2026, Piper Sandler adjusted its target further to $56.50. Analysts hold a consensus hold rating on the stock with a mean price target of $59.34.

About TriCo Bancshares

Based in Chico, California, TriCo Bancshares functions as the bank holding company for Tri Counties Bank. The firm serves consumer and corporate clients by offering retail deposit accounts, business loans, and specialized financial products across its branch network.

Bottom Line

Mutual of America Capital Management's complete exit removes TriCo Bancshares from its reported portfolio. Observers will watch the bank's upcoming earnings report on January 21, 2027, to gauge profitability and loan growth trends.