Two Rivers Bancorp (TRCB) Receives Coverage Optimism Rating of 0.14

Headlines about Two Rivers Bancorp (NASDAQ:TRCB) have trended somewhat positive on Thursday, according to Accern Sentiment. The research firm identifies positive and negative media coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Two Rivers Bancorp earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned news headlines about the financial services provider an impact score of 47.2813665137045 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

Two Rivers Bancorp traded up $0.31, reaching $18.04, during midday trading on Thursday, according to Marketbeat. 25,207 shares of the company’s stock were exchanged, compared to its average volume of 10,032. The stock has a market cap of $151.24 million, a price-to-earnings ratio of 19.19 and a beta of 0.51. The company has a quick ratio of 1.00, a current ratio of 1.01 and a debt-to-equity ratio of 0.32. Two Rivers Bancorp has a one year low of $16.22 and a one year high of $20.75.

Two Rivers Bancorp (NASDAQ:TRCB) last announced its quarterly earnings results on Thursday, April 19th. The financial services provider reported $0.31 EPS for the quarter, topping analysts’ consensus estimates of $0.30 by $0.01. The firm had revenue of $10.11 million during the quarter, compared to analysts’ expectations of $9.89 million. Two Rivers Bancorp had a net margin of 16.26% and a return on equity of 8.45%. equities research analysts expect that Two Rivers Bancorp will post 1.28 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, May 30th. Shareholders of record on Friday, May 11th were paid a dividend of $0.045 per share. This represents a $0.18 dividend on an annualized basis and a yield of 1.00%. The ex-dividend date of this dividend was Thursday, May 10th. Two Rivers Bancorp’s dividend payout ratio is 19.15%.

Separately, Zacks Investment Research cut shares of Two Rivers Bancorp from a “buy” rating to a “hold” rating in a research note on Wednesday, February 28th.

In other Two Rivers Bancorp news, Director James M. Bollerman purchased 2,855 shares of the business’s stock in a transaction on Monday, April 23rd. The stock was purchased at an average price of $17.02 per share, for a total transaction of $48,592.10. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In the last 90 days, insiders have acquired 4,755 shares of company stock valued at $81,183. Corporate insiders own 16.48% of the company’s stock.

Two Rivers Bancorp Company Profile

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.

Insider Buying and Selling by Quarter for Two Rivers Bancorp (NASDAQ:TRCB)

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