American River Bankshares (NASDAQ:AMRB) posted its earnings results on Thursday. The financial services provider reported $0.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.27 by ($0.01), Bloomberg Earnings reports. The business had revenue of $6.54 million for the quarter, compared to analyst estimates of $6.50 million. American River Bankshares had a return on equity of 6.48% and a net margin of 19.24%.
Shares of NASDAQ:AMRB traded down $0.01 during trading on Friday, hitting $14.94. 217 shares of the stock were exchanged, compared to its average volume of 3,706. The company has a fifty day moving average price of $14.93 and a two-hundred day moving average price of $14.07. The company has a market cap of $87.50 million, a PE ratio of 16.98 and a beta of 0.23. The company has a current ratio of 0.64, a quick ratio of 0.64 and a debt-to-equity ratio of 0.13. American River Bankshares has a 12-month low of $11.66 and a 12-month high of $15.99.
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 12th. Shareholders of record on Wednesday, January 29th will be issued a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a yield of 1.87%. The ex-dividend date is Tuesday, January 28th. American River Bankshares’s dividend payout ratio is presently 33.73%.
AMRB has been the subject of several research analyst reports. Zacks Investment Research upgraded American River Bankshares from a “hold” rating to a “buy” rating and set a $17.00 price target for the company in a research report on Wednesday. ValuEngine upgraded American River Bankshares from a “sell” rating to a “hold” rating in a research note on Wednesday, December 18th.
American River Bankshares Company Profile
American River Bankshares operates as the holding company for American River Bank that provides commercial banking products and services to small and middle-market businesses, and individuals. The company accepts checking and savings deposits; and offers money market deposit accounts and certificates of deposit.
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