American River Bankshares (NASDAQ:AMRB) Releases Earnings Results, Beats Expectations By $0.09 EPS


Share on StockTwits

American River Bankshares (NASDAQ:AMRB) issued its quarterly earnings data on Sunday. The financial services provider reported $0.45 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.36 by $0.09, MarketWatch Earnings reports. American River Bankshares had a return on equity of 7.35% and a net margin of 22.23%.

NASDAQ:AMRB traded down $0.59 during trading hours on Tuesday, reaching $19.31. 125,523 shares of the stock were exchanged, compared to its average volume of 17,674. American River Bankshares has a twelve month low of $8.90 and a twelve month high of $21.08. The firm has a 50 day moving average of $15.93 and a 200 day moving average of $13.16. The stock has a market cap of $115.15 million, a PE ratio of 17.55 and a beta of 0.75. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.73 and a quick ratio of 0.73.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 17th. Investors of record on Wednesday, February 3rd were issued a dividend of $0.07 per share. The ex-dividend date of this dividend was Tuesday, February 2nd. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.45%. American River Bankshares’s payout ratio is presently 29.79%.

Separately, Zacks Investment Research downgraded shares of American River Bankshares from a “buy” rating to a “hold” rating in a research report on Tuesday.

American River Bankshares Company Profile

American River Bankshares operates as the holding company for American River Bank that provides commercial banking products and services in the United States. It accepts checking and savings deposits; and offers money market deposit accounts and certificates of deposit. The company provides commercial, commercial real estate, multi-family real estate, commercial and residential real estate construction, residential real estate, agriculture, consumer, and other installment and term loans, as well as other customary banking services.

Featured Article: Forex

Earnings History for American River Bankshares (NASDAQ:AMRB)

Receive News & Ratings for American River Bankshares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American River Bankshares and related companies with MarketBeat.com's FREE daily email newsletter.