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. It also provides construction and land development loans; commercial and industrial loans; commercial real estate loans; residential real estate loans consisting of single-family detached units, individual condominium units, two-to-four family dwelling units, and townhouses; consumer loans comprising home equity lines of credit, home equity loans, personal loans, automobile loans, and overdraft protection; participation loans; and small business administration loans. In addition, the company offers remote deposit capture, ACH, direct deposit, coin counting, night depository, corporate business, and telephone and Internet banking services; and safe deposit boxes, debit and ATM cards, money orders, wire transfers, and automated teller machines. It operates 14 branches and 2 loan production offices in Monmouth, Middlesex, Union, and Ocean Counties, New Jersey. The company was formerly known as Community Partners Bancorp and changed its name to Two River Bancorp in June 2013. Two River Bancorp was founded in 2000 and is headquartered in Tinton Falls, New Jersey.
Industry, Sector and Symbol
Industry State commercial banks
Sub-IndustryN/A
SectorFinance
SymbolNASDAQ:TRCB
CUSIPN/A
Phone732-389-8722
Debt
Debt-to-Equity Ratio0.32
Current Ratio1.01
Quick Ratio1.00
Price-To-Earnings
Trailing P/E Ratio20.02
Forward P/E Ratio14.70
P/E GrowthN/A
Sales & Book Value
Annual Sales$43.70 million
Price / Sales3.67
Cash Flow$1.1624 per share
Price / Cash16.19
Book Value$12.60 per share
Price / Book1.49
Profitability
EPS (Most Recent Fiscal Year)$0.94
Net Income$6.50 million
Net Margins16.26%
Return on Equity8.45%
Return on Assets0.89%
Miscellaneous
Employees161
Outstanding Shares8,530,000
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 announced a quarterly dividend on Thursday, April 19th. Stockholders of record on Friday, May 11th will be given a dividend of $0.045 per share on Wednesday, May 30th. This represents a $0.18 dividend on an annualized basis and a dividend yield of 0.96%. The ex-dividend date of this dividend is Thursday, May 10th. View Two Rivers Bancorp's Dividend History.
How will Two Rivers Bancorp's stock buyback program work?
Two Rivers Bancorp announced that its board has approved a stock repurchase program on Friday, December 15th 2017, which allows the company to buyback $2,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Stock buyback programs 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 results on Thursday, April, 19th. The financial services provider reported $0.31 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.30 by $0.01. The financial services provider had revenue of $10.11 million for the quarter, compared to analyst estimates of $9.89 million. Two Rivers Bancorp had a return on equity of 8.45% and a net margin of 16.26%. View Two Rivers Bancorp's Earnings History.
When is Two Rivers Bancorp's next earnings date?
Who are some of Two Rivers Bancorp's key competitors?
Some companies that are related to Two Rivers Bancorp include OFG Bancorp (OFG), Independent Bank Co.(MI) (IBCP), HarborOne Bancorp (HONE), Mercantile Bank (MBWM), First Mid-Illinois Bancshares, Inc. Common Stock (FMBH), Blue Hills Bancorp (BHBK), Old Line Bancshares, Inc. (MD) (OLBK), Bank of Marin Bancorp (BMRC), Allegiance Bancshares (ABTX), First Community Bancshares (FCBC), First Financial Co. Indiana (THFF), Franklin Financial Network (FSB), Atlantic Capital (ACBI), RBB Bancorp (RBB) and CNB Financial (CCNE).
Who are Two Rivers Bancorp's key executives?
Two Rivers Bancorp's management team includes the folowing people:
- Mr. William D. Moss, Pres, CEO & Director (Age 61)
- Mr. A. Richard Abrahamian, Exec. VP & CFO (Age 58)
- Ms. Robin Zager, Corp. Sec. & Director (Age 68)
- Mr. Alan B. Turner, Exec. VP & Sr. Loan Officer of Two River Community Bank (Age 54)
- Mr. Scott Keller, Sr. VP of Residential Mortgage Division
Has Two Rivers Bancorp been receiving favorable news coverage?
News articles about TRCB stock have trended somewhat positive this week, according to Accern Sentiment. The research group rates the sentiment of news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Two Rivers Bancorp earned a media sentiment score of 0.11 on Accern's scale. They also gave media coverage about the financial services provider an impact score of 48.19 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.
Who are Two Rivers Bancorp's major shareholders?
Two Rivers Bancorp's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (3.96%), Dimensional Fund Advisors LP (0.63%) and Maltese Capital Management LLC (0.34%). Company insiders that own Two Rivers Bancorp stock include Andrew A Vitale, Charles F Butrico Jr, Charles F Butrico, Jr, James M Bollerman, Joseph Fx Osullivan, Robert B Grossman, Robert E Gregory, William D Moss and William F Lamorte. View Institutional Ownership Trends for Two Rivers Bancorp.
Which institutional investors are selling Two Rivers Bancorp stock?
Which institutional investors are buying Two Rivers Bancorp stock?
TRCB stock was acquired by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP. Company insiders that have bought Two Rivers Bancorp stock in the last two years include Andrew A Vitale, Charles F Butrico Jr, Charles F Butrico, Jr, James M Bollerman, Joseph Fx Osullivan, Robert B Grossman, Robert E Gregory, William D Moss and William F Lamorte. 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, Scottrade, Fidelity and Charles Schwab.
What is Two Rivers Bancorp's stock price today?
One share of TRCB stock can currently be purchased for approximately $18.82.
How big of a company is Two Rivers Bancorp?
Two Rivers Bancorp has a market capitalization of $159.35 million and generates $43.70 million in revenue each year. The financial services provider earns $6.50 million in net income (profit) each year or $0.94 on an earnings per share basis. Two Rivers Bancorp employs 161 workers across the globe.
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 (TRCB)
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.
