Two River Bancorp (NASDAQ:TRCB) – Stock analysts at FIG Partners upped their Q1 2017 earnings per share (EPS) estimates for shares of Two River Bancorp in a report released on Tuesday. FIG Partners analyst D. Bishop now anticipates that the firm will post earnings of $0.23 per share for the quarter, up from their previous estimate of $0.22. FIG Partners also issued estimates for Two River Bancorp’s Q3 2017 earnings at $0.25 EPS and FY2017 earnings at $0.97 EPS.
Separately, Zacks Investment Research cut Two River Bancorp from a “buy” rating to a “hold” rating in a research note on Wednesday, June 29th.
Two River Bancorp (NASDAQ:TRCB) traded down 1.16% during midday trading on Wednesday, reaching $11.06. 6,456 shares of the company traded hands. The stock’s 50 day moving average is $10.92 and its 200 day moving average is $9.93. The company has a market capitalization of $87.62 million and a price-to-earnings ratio of 13.65. Two River Bancorp has a one year low of $8.60 and a one year high of $11.40.
The company also recently announced a quarterly dividend, which will be paid on Tuesday, August 30th. Shareholders of record on Friday, August 12th will be paid a $0.035 dividend. This represents a $0.14 annualized dividend and a yield of 1.25%. The ex-dividend date of this dividend is Wednesday, August 10th.
Two River Bancorp is a holding company for Two River Community Bank (the Bank). Two River Community Bank is a state-chartered community bank that offers a range of banking services, including demand, savings and time deposits and commercial, residential 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.
