TriCo Bancshares (TCBK) CIO Todd Buys 1,604 Shares

Levingston's New Purchase

On June 25, 2026, Jason Todd Levingston, Chief Information Officer of TriCo Bancshares (NASDAQ: TCBK), bought 1,604 shares. The stock was trading at approximately $53.91 on that day, just below its recent high of $61.71. This purchase reflects Levingston's commitment to the bank holding company, which offers a range of banking services.

Other Insiders Active on June 25

Levingston's purchase is part of a broader trend among TriCo Bancshares' insiders. On the same day, several other executives also made trades. Gregory Gehlmann, the SVP General Counsel, bought 2,876 shares. Craig Carney, EVP Chief Credit Officer, purchased 4,561 shares, while Richard Smith, the CEO, increased his stake with a purchase of 14,513 shares. Angela Tamara Rudd, the Chief Risk Officer, sold 667 shares during this period. These activities suggest a mix of confidence and strategic adjustments among the company's leadership.

How TriCo Bancshares Stock Has Traded

With the stock trading at $53.91, it sits near its 52-week high of $61.71. This price point is significant as it reflects the company's solid performance in the financial services sector. TriCo Bancshares has shown resilience, with a P/E ratio of 12.72, indicating a reasonable valuation compared to its earnings. Investors will be watching closely as the next earnings report is set for October 22, 2026.

Recent Earnings

In its latest earnings report, TriCo Bancshares posted revenues of about $426.2 million, marking a revenue growth rate of 10.4%. The company reported an EPS of 4.17, which contributes to its overall financial health. The net margin stands at 31.8%, and return on equity (ROE) is approximately 10.4%, showcasing its effective management of assets and equity.

Analysts Set New Price Targets

Analysts have recently maintained a neutral outlook on TriCo Bancshares. On October 1, 2026, Piper Sandler maintained its Neutral rating with a price target of $56.50, down from a prior target of $63. On July 27, both Piper Sandler and DA Davidson also maintained their Neutral ratings, with targets of $63 and $65, respectively. The consensus among five analysts suggests that the stock is viewed as stable but not necessarily poised for significant growth in the short term.

What TriCo Bancshares Does

TriCo Bancshares operates as a bank holding company for Tri Counties Bank, providing a variety of commercial and retail banking services. The company is headquartered in Chico, California, and has been serving its community since 1975. Its diverse offerings include loans, treasury management, and digital banking services, making it a key player in the regional banking industry.

What's Ahead for TriCo Bancshares

As TriCo Bancshares approaches its next earnings date on October 22, 2026, investors will be keen to see how the company's strategies play out in the current economic climate. The insider buying activity, particularly by Levingston and other executives, may signal confidence in the company's future performance, though the backward-looking nature of the 13F filings means these trades reflect past decisions. Investors should stay tuned for further developments and any upcoming filings that may provide additional insights into the company's direction.