Is TriCo Bancshares overvalued or undervalued?
As of April 24, 2025, TriCo Bancshares is fairly valued with a P/E ratio of 12 and has shown short-term outperformance compared to the S&P 500, despite a long-term return of 77.49% that lags behind the S&P 500's 231.64%.
As of 24 April 2025, TriCo Bancshares has moved from expensive to fair valuation. The company is currently fairly valued, with a P/E ratio of 12, a Price to Book Value of 1.05, and an EV to EBITDA of 7.81. In comparison to peers, First Commonwealth Financial Corp. has a P/E ratio of 15.48, while 1st Source Corp. stands at 12.92, indicating that TriCo Bancshares is positioned competitively within its industry.Despite its fair valuation, TriCo Bancshares has underperformed relative to the S&P 500 in the long term, with a 10-year return of 77.49% compared to the S&P 500's 231.64%. However, in the short term, it has outperformed the S&P 500 over the past week and month, suggesting some positive momentum.
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