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
Stock Exchange NASDAQ
Industry State commercial banks
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:TRCB
Previous SymbolNASDAQ:CPBC
CUSIPN/A
Phone732-389-8722
Debt
Debt-to-Equity Ratio0.30
Current Ratio1.01
Quick Ratio1.01
Price-To-Earnings
Trailing P/E Ratio14.64
Forward P/E Ratio10.83
P/E GrowthN/A
Sales & Book Value
Annual Sales$43.70 million
Price / Sales2.70
Cash Flow$1.1026 per share
Price / Cash Flow12.48
Book Value$12.60 per share
Price / Book1.09
Profitability
EPS (Most Recent Fiscal Year)$0.94
Net Income$6.50 million
Net Margins17.59%
Return on Equity9.45%
Return on Assets0.99%
Miscellaneous
Employees161
Outstanding Shares8,590,000
Market Cap$123.69 million
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 declared a quarterly dividend on Wednesday, October 17th. Shareholders of record on Wednesday, November 7th will be given a dividend of $0.055 per share on Wednesday, November 28th. This represents a $0.22 annualized dividend and a yield of 1.60%. The ex-dividend date is Tuesday, November 6th. 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 authorized a stock repurchase program 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 purchase shares of its stock through open market purchases. Shares buyback programs are typically a sign that the company's board of directors believes its shares are undervalued.
How were Two Rivers Bancorp's earnings last quarter?
Two Rivers Bancorp (NASDAQ:TRCB) issued its earnings results on Wednesday, October, 24th. The financial services provider reported $0.33 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.32 by $0.01. The financial services provider had revenue of $10.46 million for the quarter, compared to analyst estimates of $10.50 million. Two Rivers Bancorp had a return on equity of 9.45% and a net margin of 17.59%. 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?
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. 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)
- 2. 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. " (10/27/2018)
Has Two Rivers Bancorp been receiving favorable news coverage?
News articles about TRCB stock have trended somewhat positive recently, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Two Rivers Bancorp earned a media sentiment score of 1.7 on InfoTrie's scale. They also assigned news coverage 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 effect on the company's share price in the immediate future.
Who are some of Two Rivers Bancorp's key competitors?
Some companies that are related to Two Rivers Bancorp include Mercantile Bank (MBWM), Old Line Bancshares, Inc. (MD) (OLBK), Hingham Institution for Savings (HIFS), Atlantic Capital Bancshares (ACBI), Capital City Bank Group (CCBG), Franklin Financial Network (FSB), Century Bancorp (CNBKA), Sierra Bancorp (BSRR), Republic First Bancorp (FRBK), Old Second Bancorp (OSBC), RBB Bancorp (RBB), CNB Financial (CCNE), Enterprise Bancorp (EBTC), Farmers National Banc (FMNB) and Cambridge Bancorp (CATC).
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 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
Who are Two Rivers Bancorp's major shareholders?
Two Rivers Bancorp's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc (2.75%), Maltese Capital Management LLC (2.62%), Banc Funds Co. LLC (2.20%), HPM Partners LLC (1.43%), Dimensional Fund Advisors LP (1.29%) and Renaissance Technologies LLC (0.88%). 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 major investors are selling Two Rivers Bancorp stock?
Which major investors are buying Two Rivers Bancorp stock?
TRCB stock was acquired by a variety of institutional investors in the last quarter, including Maltese Capital Management LLC, Dimensional Fund Advisors LP, Alliancebernstein L.P., FNY Investment Advisers LLC, FNY Investment Advisers LLC, Acadian Asset Management LLC and Vanguard Group 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 $13.76.
How big of a company is Two Rivers Bancorp?
Two Rivers Bancorp has a market capitalization of $123.69 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.
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.
