Two Rivers Bancorp (NASDAQ:TRCB) Given Coverage Optimism Rating of 0.06

News headlines about Two Rivers Bancorp (NASDAQ:TRCB) have been trending somewhat positive this week, according to Accern Sentiment. Accern identifies negative and positive media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Two Rivers Bancorp earned a coverage optimism score of 0.06 on Accern’s scale. Accern also gave headlines about the financial services provider an impact score of 45.8411036141414 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

Here are some of the news headlines that may have effected Accern’s analysis:

A number of analysts recently weighed in on TRCB shares. ValuEngine cut shares of Two Rivers Bancorp from a “buy” rating to a “hold” rating in a research note on Thursday, December 7th. Zacks Investment Research cut shares of Two Rivers Bancorp from a “buy” rating to a “hold” rating in a research note on Wednesday, December 27th. Finally, FIG Partners reaffirmed an “outperform” rating on shares of Two Rivers Bancorp in a research note on Wednesday, January 31st.

Shares of Two Rivers Bancorp stock opened at $17.81 on Thursday. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.00 and a current ratio of 1.01. The firm has a market cap of $153.62, a PE ratio of 23.43 and a beta of 0.53. Two Rivers Bancorp has a 52 week low of $15.71 and a 52 week high of $20.75.

Two Rivers Bancorp (NASDAQ:TRCB) last issued its quarterly earnings data on Tuesday, January 30th. The financial services provider reported $0.24 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.26 by ($0.02). The firm had revenue of $9.87 million for the quarter, compared to the consensus estimate of $9.71 million. Two Rivers Bancorp had a return on equity of 7.75% and a net margin of 14.88%. sell-side analysts predict that Two Rivers Bancorp will post 1.27 EPS for the current fiscal year.

Two Rivers Bancorp announced that its Board of Directors has authorized a stock buyback program on Thursday, December 14th that permits the company to buyback $2.00 million in outstanding shares. This buyback authorization permits the financial services provider to purchase shares of its stock through open market purchases. Shares buyback programs are usually a sign that the company’s management believes its shares are undervalued.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 28th. Shareholders of record on Wednesday, February 7th were paid a dividend of $0.045 per share. The ex-dividend date was Tuesday, February 6th. This represents a $0.18 annualized dividend and a yield of 1.01%. Two Rivers Bancorp’s dividend payout ratio is 23.68%.

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Two Rivers Bancorp Company Profile

Two River Bancorp is the holding company for Two River Community Bank (the Bank). The Company acts as an independent community financial services provider. The Company’s segment is community banking operations. The Bank is a state-chartered commercial bank. The Bank offers a range of banking services, including demand, savings and time deposits, and commercial loans, residential loans 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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