According to Zacks, “Two River Bancorp is a state-chartered commercial bank. It engaged in the business of commercial and retail banking. The company offers checking accounts, savings accounts, commercial loans, SBA lending, safe deposit boxes, night depository, wire transfers, money orders, traveler’s checks, automated teller machines, direct deposit, telephone and internet banking. Two River Bancorp, formerly known as Community Partners Bancorp, is headquartered in Tinton Falls, NJ. “
Shares of Two River Bancorp (NASDAQ:TRCB) opened at 11.52 on Wednesday. The company’s 50-day moving average price is $11.55 and its 200 day moving average price is $10.66. The company has a market cap of $91.35 million, a price-to-earnings ratio of 13.55 and a beta of 0.32. Two River Bancorp has a 1-year low of $8.75 and a 1-year high of $11.91.
Two River Bancorp (NASDAQ:TRCB) last released its quarterly earnings data on Tuesday, July 26th. The financial services provider reported $0.21 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.21. Two River Bancorp had a return on equity of 7.31% and a net margin of 18.41%. On average, analysts predict that Two River Bancorp will post $0.86 earnings per share for the current fiscal year.
In other Two River Bancorp news, Director Joseph Fx Osullivan acquired 2,500 shares of the stock in a transaction that occurred on Wednesday, August 3rd. The shares were acquired at an average cost of $11.39 per share, with a total value of $28,475.00. Following the transaction, the director now owns 75,019 shares of the company’s stock, valued at approximately $854,466.41. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 15.79% of the stock is owned by corporate insiders.
Two River Bancorp Company Profile
Two River Bancorp is a holding company for Two River Community Bank (the Bank). Two River Community Bank is a state-chartered community bank that offers a range of banking services, including demand, savings and time deposits and commercial, residential 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.
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