NASDAQ:TRCB - Two Rivers Bancorp Stock Price, News & Analysis

$20.61
+0.15 (+0.73 %)
(As of 09/15/2019 04:00 PM ET)
Today's Range
$20.33
Now: $20.61
$20.72
50-Day Range
$13.65
MA: $17.64
$20.72
52-Week Range
$11.54
Now: $20.61
$20.77
Volume12,414 shs
Average Volume25,224 shs
Market Capitalization$179.10 million
P/E Ratio15.73
Dividend Yield1.37%
Beta0.3
Two River Bancorp operates as the bank holding company for Two River Community Bank that provides a range of banking services to small and medium-sized businesses, not-for-profit organizations, professionals, and individuals. The company offers deposit products, including checking, savings, and money market accounts, as well as certificates of deposit. Read More…

Industry, Sector and Symbol

Industry State commercial banks
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:TRCB
Previous SymbolNASDAQ:CPBC
CUSIPN/A
Phone732-389-8722

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$50.02 million
Cash Flow$1.5066 per share
Book Value$13.56 per share

Profitability

Net Income$11.21 million

Miscellaneous

Employees163
Market Cap$179.10 million
Next Earnings Date10/22/2019 (Estimated)
OptionableNot Optionable

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Two Rivers Bancorp (NASDAQ:TRCB) Frequently Asked Questions

What is Two Rivers Bancorp's stock symbol?

Two Rivers Bancorp trades on the NASDAQ under the ticker symbol "TRCB."

How often does Two Rivers Bancorp pay dividends? What is the dividend yield for Two Rivers Bancorp?

Two Rivers Bancorp declared a quarterly dividend on Wednesday, July 17th. Shareholders of record on Friday, August 9th will be given a dividend of $0.07 per share on Friday, August 30th. This represents a $0.28 annualized dividend and a yield of 1.36%. The ex-dividend date of this dividend is Thursday, August 8th. View Two Rivers Bancorp's Dividend History.

How will Two Rivers Bancorp's stock buyback program work?

Two Rivers Bancorp announced that its Board of Directors has initiated a stock repurchase plan on Friday, December 15th 2017, which permits the company to buyback $2,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Shares buyback plans are often a sign that the company's board believes its stock is undervalued.

How were Two Rivers Bancorp's earnings last quarter?

Two Rivers Bancorp (NASDAQ:TRCB) announced its quarterly earnings data on Tuesday, July, 23rd. The financial services provider reported $0.35 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.33 by $0.02. The financial services provider earned $10.66 million during the quarter, compared to analyst estimates of $11.08 million. Two Rivers Bancorp had a net margin of 22.19% and a return on equity of 9.95%. View Two Rivers Bancorp's Earnings History.

When is Two Rivers Bancorp's next earnings date?

Two Rivers Bancorp is scheduled to release their next quarterly earnings announcement on Tuesday, October 22nd 2019. View Earnings Estimates for Two Rivers Bancorp.

What price target have analysts set for TRCB?

2 brokerages have issued 1-year price targets for Two Rivers Bancorp's shares. Their predictions range from $18.00 to $18.00. On average, they anticipate Two Rivers Bancorp's share price to reach $18.00 in the next year. This suggests that the stock has a possible downside of 12.7%. View Analyst Price Targets for Two Rivers Bancorp.

What is the consensus analysts' recommendation for Two Rivers Bancorp?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Two Rivers Bancorp in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Two Rivers Bancorp.

What are Wall Street analysts saying about Two Rivers Bancorp stock?

Here are some recent quotes from research analysts about Two Rivers Bancorp stock:
  • 1. According to Zacks Investment Research, "Two River Bancorp is a state-chartered commercial bank. It engaged in the business of commercial and retail banking. The company offers checking accounts, savings accounts, commercial loans, SBA lending, safe deposit boxes, night depository, wire transfers, money orders, traveler's checks, automated teller machines, direct deposit, telephone and internet banking. Two River Bancorp, formerly known as Community Partners Bancorp, is headquartered in Tinton Falls, NJ. " (7/30/2019)
  • 2. Boenning Scattergood analysts commented, "We believe the stock is undervalued today with shares trading at a discount to peers relative to P/E (2019E 10.6x vs. 11.8x peers) and relative to P/TBV (1.2x vs. 1.4x peers)." (7/24/2019)

Has Two Rivers Bancorp been receiving favorable news coverage?

News articles about TRCB stock have been trending somewhat positive recently, InfoTrie Sentiment reports. The research group ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Two Rivers Bancorp earned a coverage optimism score of 0.9 on InfoTrie's scale. They also gave news headlines about the financial services provider a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Two Rivers Bancorp.

Are investors shorting Two Rivers Bancorp?

Two Rivers Bancorp saw a increase in short interest during the month of August. As of August 31st, there was short interest totalling 6,100 shares, an increase of 103.3% from the July 31st total of 3,000 shares. Based on an average trading volume of 33,100 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the company's shares are short sold. View Two Rivers Bancorp's Current Options Chain.

Who are some of Two Rivers Bancorp's key competitors?

What other stocks do shareholders of Two Rivers Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Two Rivers Bancorp investors own include MBIA (MBI), Seres Therapeutics (MCRB), NVIDIA (NVDA), Sunrun (RUN), 3M (MMM), NGL Energy Partners (NGL), Two Harbors Investment (TWO), Under Armour (UA), Largo Resources (LGORF) and Allena Pharmaceuticals (ALNA).

Who are Two Rivers Bancorp's key executives?

Two Rivers Bancorp's management team includes the folowing people:
  • Mr. William D. Moss, Pres, CEO & Chairman (Age 62)
  • Mr. A. Richard Abrahamian, Exec. VP & CFO (Age 59)
  • Ms. Robin Zager, Corp. Sec. & Director (Age 69)
  • Mr. Alan B. Turner, Exec. VP & Sr. Loan Officer of Two River Community Bank (Age 55)
  • Mr. Scott Keller, Sr. VP of Residential Mortgage Division

Who are Two Rivers Bancorp's major shareholders?

Two Rivers Bancorp's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (2.76%), Renaissance Technologies LLC (1.15%), Pinnacle Holdings LLC (0.65%), Acadian Asset Management LLC (0.55%), BlackRock Inc. (0.46%) and Context BH Capital Management LP (0.29%). Company insiders that own Two Rivers Bancorp stock include Alan B Turner, Andrew A Vitale, Charles F Butrico Jr, James M Bollerman, Robert B Grossman, Robert E Gregory, William D Moss, William F Lamorte and William Statter. View Institutional Ownership Trends for Two Rivers Bancorp.

Which major investors are selling Two Rivers Bancorp stock?

TRCB stock was sold by a variety of institutional investors in the last quarter, including Invesco Ltd., Morgan Stanley, Pinnacle Holdings LLC, Northern Trust Corp and Panagora Asset Management Inc.. View Insider Buying and Selling for Two Rivers Bancorp.

Which major investors are buying Two Rivers Bancorp stock?

TRCB stock was acquired by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Acadian Asset Management LLC, BlackRock Inc., Context BH Capital Management LP, Tower Research Capital LLC TRC , Wells Fargo & Company MN and Vanguard Group Inc.. Company insiders that have bought Two Rivers Bancorp stock in the last two years include Alan B Turner, Andrew A Vitale, Charles F Butrico Jr, James M Bollerman, Robert B Grossman, Robert E Gregory, William D Moss, William F Lamorte and William Statter. View Insider Buying and Selling for Two Rivers Bancorp.

How do I buy shares of Two Rivers Bancorp?

Shares of TRCB 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, Robinhood, Fidelity and Charles Schwab.

What is Two Rivers Bancorp's stock price today?

One share of TRCB stock can currently be purchased for approximately $20.61.

How big of a company is Two Rivers Bancorp?

Two Rivers Bancorp has a market capitalization of $179.10 million and generates $50.02 million in revenue each year. The financial services provider earns $11.21 million in net income (profit) each year or $1.31 on an earnings per share basis. Two Rivers Bancorp employs 163 workers across the globe.View Additional Information About Two Rivers Bancorp.

What is Two Rivers Bancorp's official website?

The official website for Two Rivers Bancorp is http://www.tworiverbank.com/.

How can I contact Two Rivers Bancorp?

Two Rivers Bancorp's mailing address is 766 SHREWSBURY AVENUE, TINTON FALLS NJ, 07724. The financial services provider can be reached via phone at 732-389-8722 or via email at [email protected]


MarketBeat Community Rating for Two Rivers Bancorp (NASDAQ TRCB)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  173 (Vote Outperform)
Underperform Votes:  198 (Vote Underperform)
Total Votes:  371
MarketBeat's community ratings are surveys of what our community members think about Two Rivers Bancorp and other stocks. Vote "Outperform" if you believe TRCB will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TRCB will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/15/2019 by MarketBeat.com Staff

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