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
SymbolNASDAQ:TRCB
CUSIPN/A
Phone732-389-8722
Debt
Debt-to-Equity Ratio0.31
Current Ratio1.01
Quick Ratio1.01
Price-To-Earnings
Trailing P/E Ratio18.14
Forward P/E Ratio13.53
P/E GrowthN/A
Sales & Book Value
Annual Sales$43.70 million
Price / Sales3.34
Cash Flow$1.0895 per share
Price / Cash15.65
Book Value$12.60 per share
Price / Book1.35
Profitability
EPS (Most Recent Fiscal Year)$0.94
Net Income$6.50 million
Net Margins16.85%
Return on Equity9.06%
Return on Assets0.95%
Miscellaneous
Employees161
Outstanding Shares8,560,000
Market Cap$154.47 million
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, July 19th. Stockholders of record on Friday, August 10th will be given a dividend of $0.055 per share on Wednesday, August 29th. This represents a $0.22 annualized dividend and a dividend yield of 1.29%. The ex-dividend date of this dividend is Thursday, August 9th. This is an increase from Two Rivers Bancorp's previous quarterly dividend of $0.05. 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 approved a share repurchase plan on Friday, December 15th 2017, which allows the company to buyback $2,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to repurchase shares of its stock through open market purchases. Stock buyback plans are generally an indication 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 Thursday, July, 26th. The financial services provider reported $0.32 EPS for the quarter, hitting the consensus estimate of $0.32. The financial services provider had revenue of $10.47 million for the quarter, compared to analyst estimates of $10.46 million. Two Rivers Bancorp had a return on equity of 9.06% and a net margin of 16.85%. 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 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Two Rivers Bancorp.
Who are some of Two Rivers Bancorp's key competitors?
Some companies that are related to Two Rivers Bancorp include Bank of Marin Bancorp (BMRC), HarborOne Bancorp (HONE), Equity BancShares (EQBK), Luther Burbank (LBC), Allegiance Bancshares (ABTX), Independent Bank Co.(MI) (IBCP), Old Line Bancshares, Inc. (MD) (OLBK), Mercantile Bank (MBWM), Blue Hills Bancorp (BHBK), Franklin Financial Network (FSB), First Community Bancshares (FCBC), RBB Bancorp (RBB), CNB Financial (CCNE), Atlantic Capital (ACBI) and Hingham Institution for Savings (HIFS).
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 coverage about TRCB stock has trended somewhat positive on Sunday, according to Accern Sentiment Analysis. Accern identifies negative and positive press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Two Rivers Bancorp earned a media and rumor sentiment score of 0.12 on Accern's scale. They also gave news headlines about the financial services provider an impact score of 47.63 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next few days. View Recent Headlines for Two Rivers Bancorp.
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 investors include Royce & Associates LP (1.75%), HPM Partners LLC (1.52%), Millennium Management LLC (1.00%), Dimensional Fund Advisors LP (0.96%), Renaissance Technologies LLC (0.95%) and Maltese Capital Management LLC (0.68%). 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 purchased by a variety of institutional investors in the last quarter, including Millennium Management LLC, Renaissance Technologies LLC, Paloma Partners Management Co, Maltese Capital Management LLC, Dimensional Fund Advisors LP, LMR Partners LLP, Acadian Asset Management LLC and Bank of America Corp DE. 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 $17.05.
How big of a company is Two Rivers Bancorp?
Two Rivers Bancorp has a market capitalization of $154.47 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 (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.
