Two River Bancorp (NASDAQ:TRCB) Earns Daily Media Impact Rating of 0.03

News headlines about Two River Bancorp (NASDAQ:TRCB) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm scores the sentiment of news coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Two River Bancorp earned a daily sentiment score of 0.03 on Accern’s scale. Accern also assigned news stories about the financial services provider an impact score of 46.7278971056737 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

Shares of Two River Bancorp (TRCB) traded up $0.25 during mid-day trading on Friday, hitting $18.24. The company’s stock had a trading volume of 9,126 shares, compared to its average volume of 11,306. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.01 and a quick ratio of 1.01. Two River Bancorp has a 52 week low of $13.97 and a 52 week high of $20.75. The company has a market cap of $156.40, a P/E ratio of 19.20 and a beta of 0.62.

Two River Bancorp (NASDAQ:TRCB) last issued its earnings results on Tuesday, October 24th. The financial services provider reported $0.26 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.24 by $0.02. Two River Bancorp had a return on equity of 8.29% and a net margin of 20.45%. The business had revenue of $9.87 million during the quarter, compared to analysts’ expectations of $9.62 million. equities analysts expect that Two River Bancorp will post 0.97 EPS for the current year.

Two River Bancorp announced that its board has approved a stock buyback plan on Thursday, December 14th that permits the company to repurchase $2.00 million in shares. This repurchase authorization permits the financial services provider to purchase shares of its stock through open market purchases. Shares repurchase plans are often a sign that the company’s board believes its shares are undervalued.

A number of brokerages have recently commented on TRCB. Zacks Investment Research raised Two River Bancorp from a “hold” rating to a “buy” rating and set a $22.00 price objective on the stock in a report on Saturday, October 28th. ValuEngine lowered Two River Bancorp from a “buy” rating to a “hold” rating in a report on Thursday, December 7th.

In other news, Director Robert E. Gregory sold 10,000 shares of Two River Bancorp stock in a transaction on Thursday, October 26th. The stock was sold at an average price of $19.49, for a total value of $194,900.00. Following the completion of the sale, the director now directly owns 181,035 shares of the company’s stock, valued at approximately $3,528,372.15. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 16.48% of the stock is currently owned by company insiders.

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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.

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

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