Two Rivers Bancorp (NASDAQ:TRCB) has earned an average broker rating score of 2.00 (Buy) from the two analysts that provide coverage for the company, Zacks Investment Research reports. One analyst has rated the stock with a hold recommendation and one has assigned a strong buy recommendation to the company.

Brokers have set a 12-month consensus price target of $20.00 for the company and are anticipating that the company will post $0.32 earnings per share for the current quarter, according to Zacks. Zacks has also given Two Rivers Bancorp an industry rank of 171 out of 255 based on the ratings given to its competitors.

Several analysts recently issued reports on TRCB shares. ValuEngine upgraded Two Rivers Bancorp from a “sell” rating to a “hold” rating in a research note on Wednesday, January 2nd. Boenning Scattergood restated a “hold” rating on shares of Two Rivers Bancorp in a research note on Tuesday, January 29th. Finally, Zacks Investment Research downgraded Two Rivers Bancorp from a “hold” rating to a “sell” rating in a research note on Saturday, February 2nd.

TRCB stock opened at $16.28 on Friday. The company has a current ratio of 1.03, a quick ratio of 1.01 and a debt-to-equity ratio of 0.28. The company has a market cap of $141.75 million, a P/E ratio of 12.43 and a beta of 0.44. Two Rivers Bancorp has a 1-year low of $11.54 and a 1-year high of $19.90.

Two Rivers Bancorp (NASDAQ:TRCB) last posted its earnings results on Tuesday, January 29th. The financial services provider reported $0.35 earnings per share for the quarter, topping analysts’ consensus estimates of $0.33 by $0.02. The business had revenue of $10.62 million for the quarter, compared to analyst estimates of $10.64 million. Two Rivers Bancorp had a return on equity of 10.07% and a net margin of 22.40%. Equities analysts forecast that Two Rivers Bancorp will post 1.33 EPS for the current year.

The company also recently declared a quarterly dividend, which was paid on Thursday, February 28th. Investors of record on Wednesday, February 6th were paid a $0.055 dividend. The ex-dividend date was Tuesday, February 5th. This represents a $0.22 annualized dividend and a yield of 1.35%. Two Rivers Bancorp’s dividend payout ratio (DPR) is presently 16.79%.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in TRCB. Vanguard Group Inc lifted its position in shares of Two Rivers Bancorp by 0.4% during the 3rd quarter. Vanguard Group Inc now owns 236,637 shares of the financial services provider’s stock valued at $4,103,000 after acquiring an additional 900 shares during the period. Maltese Capital Management LLC lifted its position in shares of Two Rivers Bancorp by 286.9% during the 3rd quarter. Maltese Capital Management LLC now owns 225,000 shares of the financial services provider’s stock valued at $3,902,000 after acquiring an additional 166,846 shares during the period. Cerity Partners LLC lifted its position in shares of Two Rivers Bancorp by 4.1% during the 4th quarter. Cerity Partners LLC now owns 128,126 shares of the financial services provider’s stock valued at $1,955,000 after acquiring an additional 5,000 shares during the period. Dimensional Fund Advisors LP lifted its position in shares of Two Rivers Bancorp by 10.4% during the 4th quarter. Dimensional Fund Advisors LP now owns 121,984 shares of the financial services provider’s stock valued at $1,860,000 after acquiring an additional 11,528 shares during the period. Finally, Raymond James Financial Services Advisors Inc. lifted its position in shares of Two Rivers Bancorp by 2.6% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 61,282 shares of the financial services provider’s stock valued at $935,000 after acquiring an additional 1,525 shares during the period. Institutional investors and hedge funds own 23.18% 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.

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