Trico Bancshares (TCBK) Research & Development (2012 - 2018)
Trico Bancshares' (TCBK) quarterly Research & Development came in at $3.0 million in Q4 2018, down 2.37% on a YoY basis from $3.1 million in Q4 2017, and up 9.19% quarter-over-quarter from $2.8 million in Q3 2018.
Analysis
Trico Bancshares (TCBK) Research & Development (2012 - 2018) Analysis & Trends
Trico Bancshares (TCBK) has reported Research & Development for 7 consecutive years, with $3.0 million the latest figure, recorded in Q4 2018.
- For the quarter ending Q4 2018, Research & Development fell 2.37% year-over-year to $3.0 million; the trailing twelve-month figure through Dec 2018 stood at $11.0 million (up 5.48% YoY), and the FY2018 full-year result was $11.0 million, up 5.48% from the prior year.
- Research & Development grew to $3.0 million in Q4 2018 per TCBK's latest filing, from $2.8 million in the prior quarter.
- Across five years, Research & Development topped out at $3.1 million in Q4 2017 and bottomed at $1.2 million in Q1 2014.
- Historically, Research & Development has averaged $2.2 million across 5 years, with a median of $2.4 million in 2016.
- The sharpest annual moves came in 2014 and 2015: Research & Development soared 84.87% in 2014, then decreased 16.29% in 2015.
- Over 5 years, Research & Development stood at $2.4 million in 2014, then fell by 16.29% to $2.0 million in 2015, then increased by 28.04% to $2.6 million in 2016, then climbed by 20.78% to $3.1 million in 2017, then dropped by 2.37% to $3.0 million in 2018.
- According to Business Quant data, Research & Development over the past three periods registered $3.0 million, $2.8 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) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 424.88 Bn | 544.83 Bn | - | - |
| 2 | Truist Financial | 59.29 Bn | 59.29 Bn | - | - |
| 3 | Fifth Third Bancorp | 47.98 Bn | 24.26 Bn | - | 250.00 Mn |
| 4 | M&T Bank | 32.82 Bn | 32.82 Bn | - | 154.00 Mn |
| 5 | Huntington Bancshares | 32.08 Bn | 27.60 Bn | - | 326.00 Mn |
| 6 | Citizens Financial | 28.34 Bn | 28.34 Bn | - | - |
| 7 | Regions Financial | 24.27 Bn | 24.34 Bn | - | - |
| 8 | Keycorp | 22.19 Bn | -25.51 Bn | - | 108.00 Mn |
| 9 | First Citizens Bancshares | 21.93 Bn | 21.41 Bn | 29.00 Mn | - |
| 10 | Trico Bancshares | 1.71 Bn | 2.51 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2018 | 3.04 Mn |
| Sep 30, 2018 | 2.79 Mn |
| Jun 30, 2018 | 2.68 Mn |
| Mar 31, 2018 | 2.51 Mn |
| Dec 31, 2017 | 3.12 Mn |
| Sep 30, 2017 | 2.50 Mn |
| Jun 30, 2017 | 2.44 Mn |
| Mar 31, 2017 | 2.40 Mn |
| Dec 31, 2016 | 2.58 Mn |
| Sep 30, 2016 | 2.07 Mn |
| Jun 30, 2016 | 2.36 Mn |
| Mar 31, 2016 | 1.84 Mn |
| Dec 31, 2015 | 2.02 Mn |
| Sep 30, 2015 | 1.87 Mn |
| Jun 30, 2015 | 1.83 Mn |
| Mar 31, 2015 | 1.95 Mn |
| Dec 31, 2014 | 2.41 Mn |
| Sep 30, 2014 | 1.58 Mn |
| Jun 30, 2014 | 1.35 Mn |
| Mar 31, 2014 | 1.18 Mn |