TriCo Bancshares Management
Management criteria checks 4/4
TriCo Bancshares' CEO is Rick Smith, appointed in Nov 1999, has a tenure of 25.25 years. total yearly compensation is $3.10M, comprised of 31.9% salary and 68.1% bonuses, including company stock and options. directly owns 0.93% of the company’s shares, worth $13.77M. The average tenure of the management team and the board of directors is 7.9 years and 6.6 years respectively.
Key information
Rick Smith
Chief executive officer
US$3.1m
Total compensation
| CEO salary percentage | 31.9% |
| CEO tenure | 25.3yrs |
| CEO ownership | 0.9% |
| Management average tenure | 7.9yrs |
| Board average tenure | 6.6yrs |
Recent management updates
Recent updates
TriCo Bancshares (NASDAQ:TCBK) Has Announced A Dividend Of $0.33
May 31
TriCo Bancshares (NASDAQ:TCBK) Is Due To Pay A Dividend Of $0.30
Nov 28Does TriCo Bancshares (NASDAQ:TCBK) Deserve A Spot On Your Watchlist?
Sep 11Here's Why TriCo Bancshares (NASDAQ:TCBK) Has Caught The Eye Of Investors
May 22TriCo Bancshares' (NASDAQ:TCBK) Upcoming Dividend Will Be Larger Than Last Year's
Sep 02TriCo Bancshares raises dividend by 20% to $0.30
Aug 29TriCo Bancshares Q2 GAAP EPS misses, revenue beats
Jul 27If EPS Growth Is Important To You, TriCo Bancshares (NASDAQ:TCBK) Presents An Opportunity
Jul 15TriCo Bancshares (NASDAQ:TCBK) Is Due To Pay A Dividend Of US$0.25
Jun 09TriCo Bancshares (NASDAQ:TCBK) Has Announced A Dividend Of US$0.25
May 26TriCo Bancshares: Serial Acquirer In California Market
Feb 05TriCo Bancshares declares $0.25 dividend
May 28Why We Think TriCo Bancshares' (NASDAQ:TCBK) CEO Compensation Is Not Excessive At All
May 22Is TriCo Bancshares (NASDAQ:TCBK) A Smart Pick For Income Investors?
May 07CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2024 | n/a | n/a | US$115m |
| Sep 30 2024 | n/a | n/a | US$112m |
| Jun 30 2024 | n/a | n/a | US$113m |
| Mar 31 2024 | n/a | n/a | US$109m |
| Dec 31 2023 | US$3m | US$990k | US$117m |
| Sep 30 2023 | n/a | n/a | US$128m |
| Jun 30 2023 | n/a | n/a | US$134m |
| Mar 31 2023 | n/a | n/a | US$141m |
| Dec 31 2022 | US$3m | US$935k | US$125m |
| Sep 30 2022 | n/a | n/a | US$117m |
| Jun 30 2022 | n/a | n/a | US$107m |
| Mar 31 2022 | n/a | n/a | US$104m |
| Dec 31 2021 | US$2m | US$825k | US$118m |
| Sep 30 2021 | n/a | n/a | US$113m |
| Jun 30 2021 | n/a | n/a | US$103m |
| Mar 31 2021 | n/a | n/a | US$82m |
| Dec 31 2020 | US$3m | US$825k | US$65m |
| Sep 30 2020 | n/a | n/a | US$64m |
| Jun 30 2020 | n/a | n/a | US$70m |
| Mar 31 2020 | n/a | n/a | US$85m |
| Dec 31 2019 | US$5m | US$782k | US$92m |
| Sep 30 2019 | n/a | n/a | US$92m |
| Jun 30 2019 | n/a | n/a | US$85m |
| Mar 31 2019 | n/a | n/a | US$77m |
| Dec 31 2018 | US$4m | US$715k | US$68m |
Compensation vs Market: Rick's total compensation ($USD3.10M) is below average for companies of similar size in the US market ($USD5.36M).
Compensation vs Earnings: Rick's compensation has been consistent with company performance over the past year.
CEO
Rick Smith (66 yo)
25.3yrs
Tenure
US$3,097,841
Compensation
Mr. Richard P. Smith, also known as Rick, has been the Chief Executive Officer of TriCo Bancshares since November 1999 and also serves as its Chairman since May 2020. Mr. Smith has also been the Chief Exec...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 25.3yrs | US$3.10m | 0.93% $ 13.8m | |
| Independent Vice Chairman of the Board & Corporate Secretary | 23.1yrs | US$156.20k | 0.38% $ 5.6m | |
| Executive VP & CFO | 6.5yrs | US$1.35m | 0.13% $ 2.0m | |
| Executive VP & COO | 8.2yrs | US$1.27m | 0.12% $ 1.8m | |
| Executive VP & Chief Credit Officer of Tri Counties Bank | 28.1yrs | US$1.17m | 0.16% $ 2.4m | |
| Executive VP & Chief Banking Officer | 17.8yrs | US$1.41m | 0.20% $ 2.9m | |
| Shareholder Relations | 8.1yrs | no data | no data | |
| Senior VP & General Counsel | 7.8yrs | no data | 0.055% $ 818.6k | |
| Senior VP & Chief Human Resources Officer | 4.8yrs | no data | 0.010% $ 147.3k | |
| Senior VP & Chief Auditor | 7.1yrs | no data | no data | |
| Senior VP & Operations Officer | 7.1yrs | no data | no data | |
| Senior VP & Chief Community Banking Officer of Tri Counties Bank | 11.1yrs | no data | no data |
7.9yrs
Average Tenure
62yo
Average Age
Experienced Management: TCBK's management team is seasoned and experienced (7.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 25.3yrs | US$3.10m | 0.93% $ 13.8m | |
| Independent Vice Chairman of the Board & Corporate Secretary | 23.1yrs | US$156.20k | 0.38% $ 5.6m | |
| Director Emeritus | no data | US$27.99k | no data | |
| Independent Director | 5yrs | US$137.06k | 0.022% $ 327.6k | |
| Independent Director | 6.6yrs | US$124.14k | 1.07% $ 15.8m | |
| Independent Director | 23.1yrs | US$163.30k | 0.19% $ 2.8m | |
| Independent Director | 10.3yrs | US$137.86k | 0.19% $ 2.9m | |
| Independent Director | 5yrs | US$132.68k | 0.022% $ 327.1k | |
| Independent Director | 2.9yrs | US$124.14k | 0.43% $ 6.3m | |
| Lead Independent Director | 12yrs | US$140.18k | 0.15% $ 2.3m | |
| Independent Director | 5yrs | US$130.60k | 0.022% $ 327.6k | |
| Independent Director | 3.2yrs | US$129.97k | 0.012% $ 184.0k |
6.6yrs
Average Tenure
66.5yo
Average Age
Experienced Board: TCBK's board of directors are considered experienced (6.6 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/06 22:29 |
| End of Day Share Price | 2025/02/06 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
TriCo Bancshares is covered by 10 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jeffrey Rulis | D.A. Davidson & Co. |
| Stephen Moss | FBR Capital Markets & Co. |
| Timothy Coffey | Janney Montgomery Scott LLC |