REVERE BK LAURE/SH SH (OTCMKTS:REVB) Trading Up 0.2%

REVERE BK LAURE/SH SH (OTCMKTS:REVB) shares rose 0.2% on Thursday . The company traded as high as $36.32 and last traded at $36.12, approximately 15,935 shares traded hands during mid-day trading. An increase of 31% from the average daily volume of 12,196 shares. The stock had previously closed at $36.05.

REVB has been the subject of a number of research analyst reports. Janney Montgomery Scott lowered shares of REVERE BK LAURE/SH SH to a “hold” rating in a research report on Tuesday, September 24th. ValuEngine raised shares of REVERE BK LAURE/SH SH from a “sell” rating to a “hold” rating in a research report on Wednesday, October 2nd.

The firm has a 50-day simple moving average of $35.60 and a two-hundred day simple moving average of $30.88. The company has a market capitalization of $438.03 million and a price-to-earnings ratio of 14.33.

REVERE BK LAURE/SH SH (OTCMKTS:REVB) last announced its quarterly earnings results on Thursday, October 24th. The company reported $0.67 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.69 by ($0.02). The firm had revenue of $24.89 million during the quarter, compared to analyst estimates of $24.79 million. As a group, analysts anticipate that REVERE BK LAURE/SH SH will post 2.63 earnings per share for the current year.

REVERE BK LAURE/SH SH Company Profile (OTCMKTS:REVB)

Revere Bank provides business and personal banking services. Its business banking services include checking accounts, savings accounts, escrow accounts, check cards, commercial loans, and cash management services. The company's personal banking services include checking accounts, savings accounts, check cards, and loans.

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