Two River Bancorp (NASDAQ:TRCB) will be issuing its quarterly earnings data on Tuesday, July 25th. Analysts expect the company to announce earnings of $0.22 per share for the quarter.
Two River Bancorp (NASDAQ:TRCB) last announced its quarterly earnings data on Tuesday, April 25th. The financial services provider reported $0.21 EPS for the quarter, missing analysts’ consensus estimates of $0.23 by $0.02. Two River Bancorp had a return on equity of 8.78% and a net margin of 21.32%. The company had revenue of $8.76 million for the quarter, compared to analyst estimates of $8.74 million. On average, analysts expect Two River Bancorp to post $0.93 EPS for the current fiscal year and $1.10 EPS for the next fiscal year.
Shares of Two River Bancorp (NASDAQ TRCB) opened at 17.55 on Tuesday. The firm has a market capitalization of $146.47 million, a PE ratio of 17.22 and a beta of 0.61. Two River Bancorp has a 52 week low of $10.30 and a 52 week high of $18.90. The company’s 50 day moving average price is $17.49 and its 200-day moving average price is $16.61.
Separately, Zacks Investment Research downgraded Two River Bancorp from a “buy” rating to a “hold” rating in a report on Tuesday, May 2nd.
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Two River Bancorp Company Profile
Two River Bancorp is the holding company for Two River Community Bank (the Bank). The Company acts as an independent community financial services provider. The Company’s segment is community banking operations. The Bank is a state-chartered commercial bank. The Bank offers a range of banking services, including demand, savings and time deposits, and commercial loans, residential loans and consumer/installment loans to small and medium-sized businesses, not-for-profit organizations, professionals and individuals primarily in Monmouth, Middlesex and Union Counties, New Jersey.
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