Contrasting First Republic Bank (OTCMKTS:FRCB) and TriCo Bancshares (NASDAQ:TCBK)
by Amy Steele · The Cerbat GemTriCo Bancshares (NASDAQ:TCBK – Get Free Report) and First Republic Bank (OTCMKTS:FRCB – Get Free Report) are both finance companies, but which is the superior business? We will compare the two businesses based on the strength of their risk, institutional ownership, earnings, dividends, valuation, profitability and analyst recommendations.
Analyst Ratings
This is a breakdown of recent recommendations for TriCo Bancshares and First Republic Bank, as provided by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| TriCo Bancshares | 0 | 3 | 3 | 1 | 2.71 |
| First Republic Bank | 0 | 0 | 0 | 0 | 0.00 |
TriCo Bancshares currently has a consensus target price of $48.60, suggesting a potential downside of 0.20%. Given TriCo Bancshares’ stronger consensus rating and higher possible upside, equities analysts plainly believe TriCo Bancshares is more favorable than First Republic Bank.
Insider and Institutional Ownership
59.1% of TriCo Bancshares shares are held by institutional investors. Comparatively, 0.0% of First Republic Bank shares are held by institutional investors. 4.8% of TriCo Bancshares shares are held by company insiders. Comparatively, 0.7% of First Republic Bank shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.
Earnings and Valuation
This table compares TriCo Bancshares and First Republic Bank”s top-line revenue, earnings per share and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| TriCo Bancshares | $531.04 million | 2.98 | $114.87 million | $3.56 | 13.68 |
| First Republic Bank | $6.75 billion | N/A | $1.67 billion | $5.32 | 0.00 |
First Republic Bank has higher revenue and earnings than TriCo Bancshares. First Republic Bank is trading at a lower price-to-earnings ratio than TriCo Bancshares, indicating that it is currently the more affordable of the two stocks.
Risk & Volatility
TriCo Bancshares has a beta of 0.64, meaning that its stock price is 36% less volatile than the S&P 500. Comparatively, First Republic Bank has a beta of 2.41, meaning that its stock price is 141% more volatile than the S&P 500.
Profitability
This table compares TriCo Bancshares and First Republic Bank’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| TriCo Bancshares | 21.87% | 9.27% | 1.19% |
| First Republic Bank | N/A | N/A | N/A |
Summary
TriCo Bancshares beats First Republic Bank on 10 of the 14 factors compared between the two stocks.
About TriCo Bancshares
TriCo Bancshares operates as a bank holding company for Tri Counties Bank that provides commercial banking services to individual and corporate customers. The company accepts demand, savings, and time deposits. It also provides small business loans; real estate mortgage loans, such as residential and commercial loans; consumer loans; mortgage, auto, other vehicle, and personal loans; commercial loans, including agricultural loans; and real estate construction loans. In addition, the company offers treasury management services; credit and debit cards; and other customary banking services, including safe deposit boxes; and independent financial and broker-dealer services. Further, it provides checking, saving, and money market accounts, as well as individual retirement accounts; equipment financing; certificate of deposit account registry service; certificated of deposit; and IntraFi cash service. TriCo Bancshares was founded in 1975 and is headquartered in Chico, California.
About First Republic Bank
As of May 1, 2023, First Republic Bank went out of business. Previously, First Republic Bank provided private banking, private business banking, and private wealth management services to clients in metropolitan areas in the United States. The company was founded in 1985 and was headquartered in San Francisco, California. First Republic Bank now trades on OTCPK.