Is TriCo Bancshares overvalued or undervalued?

Sep 20 2025 05:44 PM IST
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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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