Trico Bancshares (TCBK) Rent Expense (2012 - 2018)
Trico Bancshares' (TCBK) quarterly Rent Expense came in at $3.6 million in Q4 2018, up 32.13% on a YoY basis from $2.7 million in Q4 2017, and up 12.35% quarter-over-quarter from $3.2 million in Q3 2018.
Analysis
Trico Bancshares (TCBK) Rent Expense (2012 - 2018) Analysis & Trends
Trico Bancshares (TCBK) has reported Rent Expense for 7 consecutive years, with $3.6 million the latest figure, recorded in Q4 2018.
- For the quarter ending Q4 2018, Rent Expense rose 32.13% year-over-year to $3.6 million; the trailing twelve-month figure through Dec 2018 stood at $12.1 million (up 11.43% YoY), and the FY2018 full-year result was $12.1 million, up 11.43% from the prior year.
- Rent Expense climbed to $3.6 million in Q4 2018 per TCBK's latest filing, from $3.2 million in the prior quarter.
- Across five years, Rent Expense topped out at $3.6 million in Q4 2018 and bottomed at $1.8 million in Q2 2014.
- Historically, Rent Expense has averaged $2.6 million across 5 years, with a median of $2.6 million in 2015.
- The sharpest annual moves came in 2015 and 2016: Rent Expense jumped 41.01% in 2015, then declined 4.51% in 2016.
- Over 5 years, Rent Expense stood at $2.5 million in 2014, then advanced by 4.09% to $2.6 million in 2015, then increased by 2.57% to $2.6 million in 2016, then advanced by 2.39% to $2.7 million in 2017, then jumped by 32.13% to $3.6 million in 2018.
- According to Business Quant data, Rent Expense over the past three periods registered $3.6 million, $3.2 million, and $2.7 million for Q4 2018, Q3 2018, and Q2 2018 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 424.88 Bn | 544.83 Bn | - | - |
| 2 | Truist Financial | 59.29 Bn | 59.29 Bn | - | 171.00 Mn |
| 3 | Fifth Third Bancorp | 47.98 Bn | 24.26 Bn | - | 154.00 Mn |
| 4 | M&T Bank | 32.82 Bn | 32.82 Bn | - | 129.00 Mn |
| 5 | Huntington Bancshares | 32.08 Bn | 27.60 Bn | - | 90.00 Mn |
| 6 | Citizens Financial | 28.34 Bn | 28.34 Bn | - | 108.00 Mn |
| 7 | Regions Financial | 24.27 Bn | 24.34 Bn | - | 73.00 Mn |
| 8 | Keycorp | 22.19 Bn | -25.51 Bn | - | 68.00 Mn |
| 9 | First Citizens Bancshares | 21.93 Bn | 21.41 Bn | 29.00 Mn | 59.00 Mn |
| 10 | Trico Bancshares | 1.71 Bn | 2.51 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2018 | 3.57 Mn |
| Sep 30, 2018 | 3.17 Mn |
| Jun 30, 2018 | 2.72 Mn |
| Mar 31, 2018 | 2.68 Mn |
| Dec 31, 2017 | 2.70 Mn |
| Sep 30, 2017 | 2.80 Mn |
| Jun 30, 2017 | 2.71 Mn |
| Mar 31, 2017 | 2.69 Mn |
| Dec 31, 2016 | 2.64 Mn |
| Sep 30, 2016 | 2.67 Mn |
| Jun 30, 2016 | 2.53 Mn |
| Mar 31, 2016 | 2.31 Mn |
| Dec 31, 2015 | 2.57 Mn |
| Sep 30, 2015 | 2.60 Mn |
| Jun 30, 2015 | 2.54 Mn |
| Mar 31, 2015 | 2.42 Mn |
| Dec 31, 2014 | 2.47 Mn |
| Sep 30, 2014 | 1.97 Mn |
| Jun 30, 2014 | 1.80 Mn |
| Mar 31, 2014 | 1.96 Mn |