American River Bankshares (AMRB) Receives News Sentiment Rating of 0.23

Headlines about American River Bankshares (NASDAQ:AMRB) have trended somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive news 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 nearest to one being the most favorable. American River Bankshares earned a coverage optimism score of 0.23 on Accern’s scale. Accern also assigned news headlines about the financial services provider an impact score of 44.6171189075976 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

Here are some of the news stories that may have impacted Accern Sentiment Analysis’s rankings:

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Several research analysts have recently commented on AMRB shares. Zacks Investment Research raised shares of American River Bankshares from a “sell” rating to a “hold” rating in a report on Monday, January 1st. Sandler O’Neill set a $16.00 target price on shares of American River Bankshares and gave the company a “hold” rating in a research note on Thursday, January 4th. ValuEngine upgraded shares of American River Bankshares from a “hold” rating to a “buy” rating in a report on Thursday, March 1st. Finally, FIG Partners upgraded shares of American River Bankshares from a “market perform” rating to an “outperform” rating in a report on Thursday. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company’s stock. American River Bankshares presently has a consensus rating of “Hold” and an average target price of $16.50.

Shares of AMRB stock traded up $0.21 during trading hours on Friday, reaching $15.51. 4,000 shares of the stock traded hands, compared to its average volume of 11,954. American River Bankshares has a 1-year low of $12.21 and a 1-year high of $16.49. The firm has a market capitalization of $93.85, a P/E ratio of 20.68 and a beta of 0.31. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.62 and a quick ratio of 0.62.

American River Bankshares (NASDAQ:AMRB) last announced its quarterly earnings data on Thursday, January 25th. The financial services provider reported $0.19 EPS for the quarter, missing the Zacks’ consensus estimate of $0.20 by ($0.01). American River Bankshares had a net margin of 14.53% and a return on equity of 5.92%. The company had revenue of $5.23 million for the quarter, compared to analysts’ expectations of $5.35 million. sell-side analysts predict that American River Bankshares will post 0.97 EPS for the current fiscal year.

American River Bankshares announced that its board has approved a stock buyback program on Thursday, January 25th that allows the company to repurchase 310,000 shares. This repurchase authorization allows the financial services provider to purchase shares of its stock through open market purchases. Shares repurchase programs are typically a sign that the company’s leadership believes its stock is undervalued.

In other news, COO Kevin Bender sold 4,878 shares of the business’s stock in a transaction on Monday, February 5th. The shares were sold at an average price of $15.01, for a total value of $73,218.78. Following the completion of the sale, the chief operating officer now directly owns 13,473 shares in the company, valued at $202,229.73. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders own 12.50% of the company’s stock.

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American River Bankshares Company Profile

American River Bankshares is a bank holding company. The Company’s banking subsidiary is American River Bank (the Bank). The Bank’s primary business is serving the commercial banking needs of small to mid-sized businesses. The Bank accepts checking and savings deposits; offers money market deposit accounts and certificates of deposit; makes secured and unsecured commercial loans, secured real estate loans, and other installment and term loans, and offers other customary banking services.

Insider Buying and Selling by Quarter for American River Bankshares (NASDAQ:AMRB)

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