vs

Side-by-side financial comparison of Piedmont Realty Trust, Inc. (PDM) and TRICO BANCSHARES (TCBK). Click either name above to swap in a different company.

Piedmont Realty Trust, Inc. is the larger business by last-quarter revenue ($143.3M vs $109.4M, roughly 1.3× TRICO BANCSHARES ). TRICO BANCSHARES runs the higher net margin — 251.6% vs -31.4%, a 283.0% gap on every dollar of revenue. On growth, TRICO BANCSHARES posted the faster year-over-year revenue change (9.0% vs 0.4%). Over the past eight quarters, TRICO BANCSHARES 's revenue compounded faster (5.4% CAGR vs 0.0%).

Piedmont Realty Trust, Inc. is a publicly traded real estate investment trust (REIT) that owns, operates, and invests in high-quality office properties primarily located in high-growth metropolitan areas across the United States. It serves corporate tenants across multiple industry sectors including technology, professional services, and healthcare, and pursues stable long-term returns for stakeholders via strategic property management and portfolio optimization.

Trico Bancshares is a U.S.-headquartered regional bank holding company operating Tri Counties Bank. It offers a full range of retail and commercial banking services including deposit products, mortgages, small business loans, and wealth management, primarily serving consumers and SMEs in Northern California.

PDM vs TCBK — Head-to-Head

Bigger by revenue
PDM
PDM
1.3× larger
PDM
$143.3M
$109.4M
TCBK
Growing faster (revenue YoY)
TCBK
TCBK
+8.6% gap
TCBK
9.0%
0.4%
PDM
Higher net margin
TCBK
TCBK
283.0% more per $
TCBK
251.6%
-31.4%
PDM
Faster 2-yr revenue CAGR
TCBK
TCBK
Annualised
TCBK
5.4%
0.0%
PDM

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
PDM
PDM
TCBK
TCBK
Revenue
$143.3M
$109.4M
Net Profit
$-45.0M
$33.6M
Gross Margin
Operating Margin
42.6%
Net Margin
-31.4%
251.6%
Revenue YoY
0.4%
9.0%
Net Profit YoY
-27.9%
15.8%
EPS (diluted)
$-0.10
$1.02

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
PDM
PDM
TCBK
TCBK
Q1 26
$143.3M
Q4 25
$142.9M
$109.4M
Q3 25
$139.2M
$107.6M
Q2 25
$140.3M
$103.6M
Q1 25
$142.7M
$98.6M
Q4 24
$143.2M
$100.4M
Q3 24
$139.3M
$99.1M
Q2 24
$143.3M
$97.9M
Net Profit
PDM
PDM
TCBK
TCBK
Q1 26
$-45.0M
Q4 25
$-43.2M
$33.6M
Q3 25
$-13.5M
$34.0M
Q2 25
$-16.8M
$27.5M
Q1 25
$-10.1M
$26.4M
Q4 24
$-30.0M
$29.0M
Q3 24
$-11.5M
$29.1M
Q2 24
$-9.8M
$29.0M
Operating Margin
PDM
PDM
TCBK
TCBK
Q1 26
Q4 25
42.6%
Q3 25
43.2%
Q2 25
36.5%
Q1 25
35.8%
Q4 24
38.7%
Q3 24
39.8%
Q2 24
40.0%
Net Margin
PDM
PDM
TCBK
TCBK
Q1 26
-31.4%
Q4 25
-30.3%
251.6%
Q3 25
-9.7%
31.6%
Q2 25
-12.0%
26.6%
Q1 25
-7.1%
26.7%
Q4 24
-20.9%
221.4%
Q3 24
-8.3%
29.3%
Q2 24
-6.8%
29.7%
EPS (diluted)
PDM
PDM
TCBK
TCBK
Q1 26
$-0.10
Q4 25
$-0.34
$1.02
Q3 25
$-0.11
$1.04
Q2 25
$-0.14
$0.84
Q1 25
$-0.08
$0.80
Q4 24
$-0.25
$0.88
Q3 24
$-0.09
$0.88
Q2 24
$-0.08
$0.87

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
PDM
PDM
TCBK
TCBK
Cash + ST InvestmentsLiquidity on hand
$2.3M
$157.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.5B
$1.3B
Total Assets
$4.0B
$9.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PDM
PDM
TCBK
TCBK
Q1 26
$2.3M
Q4 25
$731.0K
$157.0M
Q3 25
$3.0M
$298.8M
Q2 25
$3.3M
$314.3M
Q1 25
$2.9M
$308.3M
Q4 24
$109.6M
$145.0M
Q3 24
$133.6M
$320.1M
Q2 24
$138.5M
$206.6M
Total Debt
PDM
PDM
TCBK
TCBK
Q1 26
Q4 25
$2.2B
Q3 25
$2.2B
Q2 25
$2.2B
Q1 25
$2.2B
Q4 24
$2.2B
Q3 24
$2.2B
Q2 24
$2.2B
Stockholders' Equity
PDM
PDM
TCBK
TCBK
Q1 26
$1.5B
Q4 25
$1.5B
$1.3B
Q3 25
$1.5B
$1.3B
Q2 25
$1.5B
$1.3B
Q1 25
$1.6B
$1.3B
Q4 24
$1.6B
$1.2B
Q3 24
$1.6B
$1.2B
Q2 24
$1.7B
$1.2B
Total Assets
PDM
PDM
TCBK
TCBK
Q1 26
$4.0B
Q4 25
$4.0B
$9.8B
Q3 25
$4.0B
$9.9B
Q2 25
$4.0B
$9.9B
Q1 25
$4.0B
$9.8B
Q4 24
$4.1B
$9.7B
Q3 24
$4.1B
$9.8B
Q2 24
$4.2B
$9.7B
Debt / Equity
PDM
PDM
TCBK
TCBK
Q1 26
Q4 25
1.49×
Q3 25
1.43×
Q2 25
1.41×
Q1 25
1.40×
Q4 24
1.40×
Q3 24
1.36×
Q2 24
1.34×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
PDM
PDM
TCBK
TCBK
Operating Cash FlowLast quarter
$133.3M
Free Cash FlowOCF − Capex
$127.9M
FCF MarginFCF / Revenue
116.9%
Capex IntensityCapex / Revenue
110.3%
4.9%
Cash ConversionOCF / Net Profit
3.96×
TTM Free Cash FlowTrailing 4 quarters
$222.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PDM
PDM
TCBK
TCBK
Q1 26
Q4 25
$140.6M
$133.3M
Q3 25
$35.8M
$45.1M
Q2 25
$50.1M
$29.2M
Q1 25
$3.7M
$24.5M
Q4 24
$198.1M
$109.7M
Q3 24
$42.9M
$28.6M
Q2 24
$66.8M
$31.8M
Free Cash Flow
PDM
PDM
TCBK
TCBK
Q1 26
Q4 25
$127.9M
Q3 25
$43.2M
Q2 25
$28.2M
Q1 25
$22.8M
Q4 24
$105.2M
Q3 24
$27.3M
Q2 24
$30.8M
FCF Margin
PDM
PDM
TCBK
TCBK
Q1 26
Q4 25
116.9%
Q3 25
40.2%
Q2 25
27.2%
Q1 25
23.1%
Q4 24
104.8%
Q3 24
27.6%
Q2 24
31.5%
Capex Intensity
PDM
PDM
TCBK
TCBK
Q1 26
110.3%
Q4 25
4.9%
Q3 25
1.7%
Q2 25
1.0%
Q1 25
1.7%
Q4 24
4.5%
Q3 24
1.3%
Q2 24
1.0%
Cash Conversion
PDM
PDM
TCBK
TCBK
Q1 26
Q4 25
3.96×
Q3 25
1.33×
Q2 25
1.06×
Q1 25
0.93×
Q4 24
3.78×
Q3 24
0.98×
Q2 24
1.10×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Related Comparisons