American River Bankshares (NASDAQ:AMRB) Earning Somewhat Positive Media Coverage, Analysis Shows

Media headlines about American River Bankshares (NASDAQ:AMRB) have been trending somewhat positive on Tuesday, Accern Sentiment reports. Accern scores the sentiment of press coverage by analyzing more than 20 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 news sentiment score of 0.18 on Accern’s scale. Accern also assigned news headlines about the financial services provider an impact score of 46.144347374672 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

American River Bankshares (NASDAQ:AMRB) opened at $15.99 on Tuesday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.64 and a current ratio of 0.64. The stock has a market capitalization of $101.97, a P/E ratio of 19.04 and a beta of 0.34. American River Bankshares has a 52-week low of $12.97 and a 52-week high of $16.49.

American River Bankshares (NASDAQ:AMRB) last announced its quarterly earnings data on Thursday, October 19th. The financial services provider reported $0.17 earnings per share for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.03). The firm had revenue of $5.18 million during the quarter, compared to analysts’ expectations of $5.45 million. American River Bankshares had a net margin of 24.61% and a return on equity of 6.66%. analysts expect that American River Bankshares will post 0.75 earnings per share for the current fiscal year.

American River Bankshares declared that its board has approved a stock repurchase program on Thursday, October 19th that authorizes the company to buyback 320,000 outstanding shares. This buyback authorization authorizes the financial services provider to buy shares of its stock through open market purchases. Stock buyback programs are often an indication that the company’s leadership believes its shares are undervalued.

Several research firms have commented on AMRB. Zacks Investment Research upgraded 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 price target on shares of American River Bankshares and gave the stock a “hold” rating in a report on Thursday, January 4th. Finally, ValuEngine upgraded shares of American River Bankshares from a “hold” rating to a “buy” rating in a report on Sunday, December 31st. Two analysts have rated the stock with a sell rating, one has assigned a hold rating and two have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $16.50.

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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.

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