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
Phone732-389-8722
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$50.02 million
Profitability
Miscellaneous
EmployeesN/A
Next Earnings Date4/18/2019 (Estimated)
OptionableNot Optionable
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 Friday, January 18th. Shareholders of record on Wednesday, February 6th will be paid a dividend of $0.055 per share on Thursday, February 28th. This represents a $0.22 dividend on an annualized basis and a dividend yield of 1.40%. The ex-dividend date is Tuesday, February 5th. View Two Rivers Bancorp's Dividend History.
How will Two Rivers Bancorp's stock buyback program work?
Two Rivers Bancorp declared that its Board of Directors has approved a share repurchase plan on Friday, December 15th 2017, which authorizes the company to buyback $2,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to buy shares of its stock through open market purchases. Stock buyback plans are typically an indication that the company's leadership believes its shares are undervalued.
How were Two Rivers Bancorp's earnings last quarter?
Two Rivers Bancorp (NASDAQ:TRCB) posted its earnings results on Tuesday, January, 29th. The financial services provider reported $0.35 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.33 by $0.02. The financial services provider earned $10.62 million during the quarter, compared to analysts' expectations of $10.64 million. Two Rivers Bancorp had a return on equity of 10.07% and a net margin of 22.40%. View Two Rivers Bancorp's Earnings History.
When is Two Rivers Bancorp's next earnings date?
What is the consensus analysts' recommendation for Two Rivers Bancorp?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Two Rivers Bancorp in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." 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. " (3/21/2019)
- 2. Boenning Scattergood analysts commented, "We attribute the underperformance to a combination of factors including New Jersey corporate tax code revision and below-peer growth and profitability. Looking beyond these issues, we are complimentary of Two River’s 1) steady and lower-risk growth strategy, 2) relationship-focused, community banking model, and 3) strong management team. We believe the risk/reward profile is evenly balanced today with shares trading in-line with peers relative to both P/E (11.5x 2019E vs. 11.4x peers) and P/TBV (1.4x vs. 1.4x peers). Thus, we are introducing a Neutral rating for shares of TRCB." (11/16/2018)
Has Two Rivers Bancorp been receiving favorable news coverage?
News stories about TRCB stock have trended somewhat negative on Tuesday, according to InfoTrie. InfoTrie identifies negative and positive media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Two Rivers Bancorp earned a news impact score of -1.8 on InfoTrie's scale. They also assigned media coverage about the financial services provider a news buzz of 4.0 out of 10, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.
Who are some of Two Rivers Bancorp's key competitors?
Some companies that are related to Two Rivers Bancorp include First Mid-Illinois Bancshares (FMBH), HarborOne Bancorp (HONE), Bank of Marin Bancorp (BMRC), QCR (QCRH), Mercantile Bank (MBWM), First Financial (THFF), Heritage Commerce (HTBK), First Community Bankshares (FCBC), Independent Bank Co.(MI) (IBCP), Peoples Utah Bancorp (PUB), Equity BancShares (EQBK), Old Line Bancshares, Inc. (MD) (OLBK), Atlantic Capital Bancshares (ACBI), Century Bancorp (CNBKA) and Franklin Financial Network (FSB).
What other stocks do shareholders of Two Rivers Bancorp own?
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 a number of of retail and institutional investors. Top institutional investors include Banc Funds Co. LLC (2.07%), Cerity Partners LLC (1.49%), Dimensional Fund Advisors LP (1.42%), Dimensional Fund Advisors LP (1.42%), Raymond James Financial Services Advisors Inc. (0.71%) and Millennium Management LLC (0.43%). Company insiders that own Two Rivers Bancorp stock include Andrew A Vitale, Charles F Butrico Jr, 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 institutional investors are selling Two Rivers Bancorp stock?
Which institutional investors are buying Two Rivers Bancorp stock?
TRCB stock was bought by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Dimensional Fund Advisors LP, Cerity Partners LLC, BlackRock Inc., Acadian Asset Management LLC, Advisor Group Inc. and Raymond James Financial Services Advisors Inc.. 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, 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, 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 $15.66.
How big of a company is Two Rivers Bancorp?
Two Rivers Bancorp has a market capitalization of $135.60 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.
What is Two Rivers Bancorp's official website?
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)
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.
