American River Bankshares operates as the holding company for American River Bank that provides commercial banking products and services to small and middle-market businesses, and individuals in California, the United States. The company accepts checking and savings deposits; and offers money market deposit accounts and certificates of deposit. It also provides commercial, commercial real estate, multi-family real estate, commercial and residential real estate construction, residential real estate, agriculture, consumer, and other installment and term loans, as well as other customary banking services. In addition, the company conducts lease financing for various types of business equipment ranging from computer software to heavy earth-moving equipment. It operates four full-service banking offices in Sacramento County, one full-service banking office in Placer County, two full-service banking offices in Sonoma County, and three full-service banking offices in Amador County. The company was formerly known as American River Holdings and changed its name to American River Bankshares in 2004. American River Bankshares was founded in 1983 and is headquartered in Rancho Cordova, California.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry State commercial banks
Sub-IndustryN/A
SectorFinance
SymbolNASDAQ:AMRB
CUSIPN/A
Phone916-851-0123
Debt
Debt-to-Equity Ratio0.17
Current Ratio0.59
Quick Ratio0.59
Price-To-Earnings
Trailing P/E Ratio21.25
Forward P/E Ratio17.52
P/E GrowthN/A
Sales & Book Value
Annual Sales$22.01 million
Price / Sales4.26
Cash Flow$1.3934 per share
Price / Cash11.44
Book Value$12.54 per share
Price / Book1.27
Profitability
EPS (Most Recent Fiscal Year)$0.75
Net Income$3.19 million
Net Margins15.32%
Return on Equity6.34%
Return on Assets0.75%
Miscellaneous
Employees91
Outstanding Shares5,880,000
Market Cap$91.80
American River Bankshares (NASDAQ:AMRB) Frequently Asked Questions
What is American River Bankshares' stock symbol?
American River Bankshares trades on the NASDAQ under the ticker symbol "AMRB."
How often does American River Bankshares pay dividends? What is the dividend yield for American River Bankshares?
American River Bankshares announced a quarterly dividend on Friday, April 20th. Stockholders of record on Wednesday, May 2nd will be paid a dividend of $0.05 per share on Wednesday, May 16th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.25%. The ex-dividend date is Tuesday, May 1st. View American River Bankshares' Dividend History.
How will American River Bankshares' stock buyback program work?
American River Bankshares announced that its board has authorized a share buyback program on Friday, January 26th 2018, which permits the company to buyback 310,000 shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Stock buyback programs are often an indication that the company's management believes its stock is undervalued.
How were American River Bankshares' earnings last quarter?
American River Bankshares (NASDAQ:AMRB) issued its earnings results on Thursday, April, 19th. The financial services provider reported $0.22 earnings per share for the quarter, missing the consensus estimate of $0.23 by $0.01. The financial services provider earned $5.11 million during the quarter, compared to the consensus estimate of $5.30 million. American River Bankshares had a net margin of 15.32% and a return on equity of 6.34%. View American River Bankshares' Earnings History.
When is American River Bankshares' next earnings date?
What price target have analysts set for AMRB?
4 brokerages have issued 12 month price targets for American River Bankshares' stock. Their predictions range from $16.00 to $16.00. On average, they expect American River Bankshares' share price to reach $16.00 in the next twelve months. This suggests a possible upside of 0.3% from the stock's current price. View Analyst Ratings for American River Bankshares.
What is the consensus analysts' recommendation for American River Bankshares?
4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for American River Bankshares in the last year. There are currently 2 sell ratings, 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold."
Who are some of American River Bankshares' key competitors?
Some companies that are related to American River Bankshares include First Internet Bancorp (INBK), BSB Bancorp (BLMT), Summit Financial Group (SMMF), Citizens & Northern (CZNC), MutualFirst Financial (MFSF), Reliant Bancorp (RBNC), Central Valley Community Bancorp (CVCY), Business First Bancshares (BFST), FNB Bancorp (FNBG), Civista Bancshares (CIVB), Investar (ISTR), Premier Financial Bancorp (PFBI), Unity Bancorp (UNTY), Bankwell Financial Group (BWFG) and First Bank (FRBA).
Who are American River Bankshares' key executives?
American River Bankshares' management team includes the folowing people:
- Mr. David E Ritchie Jr., Pres, CEO & Director (Age 60)
- Mr. Mitchell A. Derenzo, Exec. VP & CFO (Age 57)
- Mr. Kevin B. Bender, Exec. VP & COO (Age 54)
- Mr. Dennis F. Raymond Jr., Exec. VP & Chief Lending Officer
- Mr. Stephen H. Waks, Corp. Sec. & Independent Director (Age 71)
Has American River Bankshares been receiving favorable news coverage?
Media headlines about AMRB stock have trended somewhat positive on Tuesday, Accern Sentiment reports. The research group identifies positive and negative press coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. American River Bankshares earned a coverage optimism score of 0.13 on Accern's scale. They also gave media headlines about the financial services provider an impact score of 46.10 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.
How do I buy shares of American River Bankshares?
Shares of AMRB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is American River Bankshares' stock price today?
One share of AMRB stock can currently be purchased for approximately $15.96.
How big of a company is American River Bankshares?
American River Bankshares has a market capitalization of $91.80 million and generates $22.01 million in revenue each year. The financial services provider earns $3.19 million in net income (profit) each year or $0.75 on an earnings per share basis. American River Bankshares employs 91 workers across the globe.
How can I contact American River Bankshares?
American River Bankshares' mailing address is 3100 ZINFANDEL DRIVE SUITE 450, RANCHO CORDOVA CA, 95670. The financial services provider can be reached via phone at 916-851-0123 or via email at [email protected]
MarketBeat Community Rating for American River Bankshares (NASDAQ AMRB)
MarketBeat's community ratings are surveys of what our community members think about American River Bankshares and other stocks. Vote "Outperform" if you believe AMRB will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AMRB will underperform the S&P 500 over the long term. You may vote once every thirty days.
