News coverage about Two River Bancorp (NASDAQ:TRCB) has trended somewhat positive this week, Accern Sentiment reports. Accern ranks the sentiment of press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Two River Bancorp earned a news sentiment score of 0.09 on Accern’s scale. Accern also assigned news stories about the financial services provider an impact score of 45.5661577940934 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Separately, Zacks Investment Research downgraded Two River Bancorp from a “buy” rating to a “hold” rating in a report on Wednesday, September 6th.
Shares of Two River Bancorp (NASDAQ:TRCB) traded up $0.11 during trading on Monday, hitting $18.40. The company’s stock had a trading volume of 6,900 shares, compared to its average volume of 21,227. Two River Bancorp has a 12 month low of $13.26 and a 12 month high of $20.75. The company has a market capitalization of $155.61, a P/E ratio of 18.67 and a beta of 0.60. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.38.
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 29th. Investors of record on Wednesday, November 8th were issued a dividend of $0.045 per share. The ex-dividend date of this dividend was Tuesday, November 7th. This represents a $0.18 dividend on an annualized basis and a dividend yield of 0.98%. Two River Bancorp’s payout ratio is presently 17.90%.
In related news, Director Robert E. Gregory sold 10,000 shares of the stock in a transaction that occurred on Thursday, October 26th. The stock was sold at an average price of $19.49, for a total transaction of $194,900.00. Following the completion of the transaction, the director now directly owns 181,035 shares of the company’s stock, valued at $3,528,372.15. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 16.48% of the stock is currently owned by company insiders.
About Two River Bancorp
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.
What are top analysts saying about Two River Bancorp? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Two River Bancorp and related companies.