Two Rivers Bancorp (NASDAQ:TRCB) has received a consensus broker rating score of 2.00 (Buy) from the two brokers that provide coverage for the company, Zacks Investment Research reports. One research analyst has rated the stock with a hold recommendation and one has issued a strong buy recommendation on the company.

Brokerages have set a 1 year consensus price target of $20.00 for the company and are predicting that the company will post $0.32 EPS for the current quarter, according to Zacks. Zacks has also assigned Two Rivers Bancorp an industry rank of 146 out of 255 based on the ratings given to its competitors.

Several analysts recently issued reports on the company. Zacks Investment Research upgraded Two Rivers Bancorp from a “sell” rating to a “hold” rating in a report on Friday. Boenning Scattergood reiterated a “hold” rating on shares of Two Rivers Bancorp in a report on Tuesday, January 29th. Finally, ValuEngine downgraded Two Rivers Bancorp from a “hold” rating to a “sell” rating in a report on Thursday, January 10th.

NASDAQ TRCB remained flat at $$16.17 during trading hours on Monday. The company had a trading volume of 4,125 shares, compared to its average volume of 7,369. Two Rivers Bancorp has a 52-week low of $11.54 and a 52-week high of $19.90. The firm has a market cap of $138.88 million, a P/E ratio of 12.34 and a beta of 0.47. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.30.

Two Rivers Bancorp (NASDAQ:TRCB) last announced its quarterly earnings results on Tuesday, January 29th. The financial services provider reported $0.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.33 by $0.02. Two Rivers Bancorp had a return on equity of 10.18% and a net margin of 22.40%. The firm had revenue of $10.62 million during the quarter, compared to the consensus estimate of $10.64 million. As a group, equities analysts predict that Two Rivers Bancorp will post 1.33 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, February 28th. Investors of record on Wednesday, February 6th will be issued a $0.055 dividend. The ex-dividend date of this dividend is Tuesday, February 5th. This represents a $0.22 annualized dividend and a yield of 1.36%. Two Rivers Bancorp’s dividend payout ratio is currently 16.79%.

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc increased its holdings in Two Rivers Bancorp by 0.4% in the 3rd quarter. Vanguard Group Inc now owns 236,637 shares of the financial services provider’s stock valued at $4,103,000 after purchasing an additional 900 shares in the last quarter. Raymond James Financial Services Advisors Inc. grew its stake in shares of Two Rivers Bancorp by 2.6% during the fourth 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 in the last quarter. Advisor Group Inc. grew its stake in shares of Two Rivers Bancorp by 521.6% during the fourth quarter. Advisor Group Inc. now owns 1,958 shares of the financial services provider’s stock valued at $30,000 after acquiring an additional 1,643 shares in the last quarter. Acadian Asset Management LLC grew its stake in shares of Two Rivers Bancorp by 6.8% during the fourth quarter. Acadian Asset Management LLC now owns 29,973 shares of the financial services provider’s stock valued at $458,000 after acquiring an additional 1,907 shares in the last quarter. Finally, BlackRock Inc. grew its stake in shares of Two Rivers Bancorp by 15.1% during the fourth quarter. BlackRock Inc. now owns 36,459 shares of the financial services provider’s stock valued at $556,000 after acquiring an additional 4,793 shares in the last quarter. Hedge funds and other institutional investors own 22.52% of the company’s stock.

About Two Rivers Bancorp

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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