Stock fact sheet · data as of
Tri City Bankshares Corporation (TRCY): fair value, margin of safety and Wheel Score
Financial Services · Banks - Regional · United States · Defensive
Is TRCY undervalued?
Tri City Bankshares Corporation (TRCY) closed at 19.06 on 16 Oct 2026. The GLS average fair value - the simple average of the 9 valuation models that produced a positive number - is 27.93, which puts the price 32% below it. 6 of the 9 models value the shares above the current price. A gap this wide is rare in our universe of ~7,400 US stocks and is exactly what the Value part of the Wheel Score rewards; it is also where the question "why is it this cheap?" matters most.
The 9 models disagree widely: GLS Growth gives 6.42 while 10 Cap gives 55.01. A spread that wide means the average is sensitive to which methods you trust; the model table below shows where each one lands, and the Quote page lets you switch any of them off.
The nightly engine files TRCY under Defensive: a low beta, a dividend and positive earnings.
Nine valuation models for TRCY
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | 46.24 | +143% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 29.48 | +55% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 29.44 | +54% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 7.30 | -62% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 6.42 | -66% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 55.01 | +189% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 46.02 | +141% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | 11.18 | -41% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 20.27 | +6% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -176.14 | -1024% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 0.0000 | -100% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Financial health is average - TRCY passes 6 of the nine Piotroski tests, which passes the Sunday Scan's "6 or more" rule. The Financials tab on the Quote page shows which tests fail. The GLS Moat score is low at 4.8 out of 10, which says the ten-year record of revenue, earnings, margins and returns on capital has been inconsistent - growth and shocks rather than steady compounding.
Returns on capital are moderate - ROIC 7.0%, ROE 7.9%, ROA 0.7% - with debt at 0.13 times equity and negative free cash flow.
The dividend yield is 3.99% at a payout ratio of 0%; for a wheel trader holding assigned shares the dividend adds to the covered-call premium, and the ex-dividend date is worth knowing before a call is sold.
Institutional ownership scores 5/10, insider activity 5/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 6 / 9 | ROIC | 7.0% |
|---|---|---|---|
| GLS Moat | 4.8 / 10 | ROE | 7.9% |
| Debt / equity | 0.13 | ROA | 0.7% |
| Free-cash-flow yield | 0.0% | Payout ratio | 0% |
| Institutions | 5 / 10 | Insiders · Congress | 5 · 5 / 10 |
Wheel Score 39: No options
TRCY has no listed options in the nightly snapshot, so there is nothing to sell and the stock cannot be wheeled however good the business; the Wheel Score is capped at 39 and shown as "No options" (39 here). The valuation and quality numbers still apply to owning the shares outright.
Volume runs at 2k shares a day on a market cap of $170M, with a beta of 0.24 - a low beta, so day-to-day moves are smaller than the market's; the Stability part of the Wheel Score gives that 6 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 25 / 25 | 32% margin of safety | |
| Health | 13 / 20 | Piotroski 6/9 | |
| Moat | 7 / 15 | moat 4.8/10 | |
| Premium | 0 / 20 | no option data | |
| Stability | 6 / 20 | 2k shares/day, $170M cap, beta 0.24 |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls; it is updated nightly and is not a recommendation. The walkthrough lesson shows how the score fits into a trade, start to finish.
Upcoming events
No upcoming earnings date is recorded for TRCY in the nightly calendar.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Banks - Regional
The 12 companies below are the closest to Tri City Bankshares Corporation by market cap within the Banks - Regional industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| MNSBP MainStreet Bancshares, Inc. | 24.33 | 33.02 | +26% | 39No options | $170M |
| HNVR Hanover Bancorp, Inc. | 24.18 | 37.43 | +35% | 39No options | $171M |
| BKUTK Bank of Utica | 682.85 | 3,298.43 | +79% | 39No options | $171M |
| ENBP ENB Financial Corp | 29.39 | 62.07 | +53% | 39No options | $168M |
| NODB North Dallas Bank & Trust Co | 66.85 | 29.24 | -129% | 26No options | $172M |
| AMBKP American Capital Trust I PFD TR SECS 6% | 13.00 | 4.74 | -174% | 20No options | $167M |
| MNSB MainStreet Bancshares, Inc. | 24.27 | 32.99 | +26% | 39No options | $173M |
| ECBK ECB Bancorp, Inc. | 19.85 | 54.96 | +64% | 39No options | $173M |
| EBMT Eagle Bancorp Montana, Inc. | 20.68 | 26.35 | +22% | 39No options | $165M |
| SFIGA STAR Financial Group, Inc. | 59.58 | 196.21 | +70% | 39No options | $165M |
| ARBV American Riviera Bancorp | 28.49 | 28.44 | -0% | 37No options | $164M |
| MNAT Marquette National Corporation | 37.30 | 73.23 | +49% | 39No options | $164M |
⚖ Compare TRCY with 7 of them All Financial Services stocks →
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Start free See the Sunday ScanQuestions about TRCY
Is TRCY undervalued right now?
By the GLS models, yes: at 19.06 the stock is 32% below the average fair value of 27.93 (data as of 16 Oct 2026). Whether the discount is deserved is the question to research next.
What is the Wheel Score of TRCY and what does it mean?
TRCY has no listed options in our nightly snapshot, so it cannot be wheeled; its Wheel Score is capped at 39 and shown as "No options".
What is the GLS fair value for TRCY?
27.93 per share as of 16 Oct 2026 - the simple average of the 9 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does Tri City Bankshares Corporation report earnings next?
No upcoming earnings date is recorded for TRCY in our calendar as of 16 Oct 2026; the Calendars page is refreshed every morning.
Does TRCY have listed options, and how liquid are they?
No. The nightly options snapshot found no listed contracts on TRCY, so the wheel strategy cannot be run on it and the Wheel Score is capped at 39.