American River Bankshares (AMRB) Releases Earnings Results, Misses Estimates By $0.05 EPS

American River Bankshares (NASDAQ:AMRB) issued its quarterly earnings data on Thursday, April 18th. The financial services provider reported $0.20 EPS for the quarter, missing analysts’ consensus estimates of $0.25 by ($0.05), Bloomberg Earnings reports. The company had revenue of $5.96 million for the quarter, compared to the consensus estimate of $5.93 million. American River Bankshares had a return on equity of 6.34% and a net margin of 18.88%.

Shares of NASDAQ AMRB remained flat at $$12.94 during midday trading on Friday. 100 shares of the stock were exchanged, compared to its average volume of 1,973. The company has a quick ratio of 0.58, a current ratio of 0.59 and a debt-to-equity ratio of 0.14. American River Bankshares has a 12 month low of $10.50 and a 12 month high of $17.50. The firm has a market capitalization of $76.21 million, a P/E ratio of 15.60 and a beta of 0.19.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 15th. Stockholders of record on Wednesday, May 1st will be issued a $0.05 dividend. The ex-dividend date of this dividend is Tuesday, April 30th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.55%. American River Bankshares’s dividend payout ratio (DPR) is presently 24.10%.

AMRB has been the topic of several recent research reports. Zacks Investment Research lowered shares of American River Bankshares from a “hold” rating to a “sell” rating in a research note on Monday, January 28th. ValuEngine lowered shares of American River Bankshares from a “hold” rating to a “sell” rating in a research note on Friday, March 1st.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Siena Capital Partners GP LLC grew its stake in shares of American River Bankshares by 8.2% in the fourth quarter. Siena Capital Partners GP LLC now owns 212,614 shares of the financial services provider’s stock valued at $2,966,000 after buying an additional 16,082 shares in the last quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC grew its stake in shares of American River Bankshares by 18.5% in the fourth quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC now owns 18,588 shares of the financial services provider’s stock valued at $257,000 after buying an additional 2,900 shares in the last quarter. Basswood Capital Management L.L.C. grew its stake in shares of American River Bankshares by 3.3% in the fourth quarter. Basswood Capital Management L.L.C. now owns 693,038 shares of the financial services provider’s stock valued at $9,668,000 after buying an additional 22,388 shares in the last quarter. Phocas Financial Corp. bought a new position in shares of American River Bankshares in the fourth quarter valued at $78,000. Finally, Wedbush Securities Inc. grew its stake in shares of American River Bankshares by 7.7% in the first quarter. Wedbush Securities Inc. now owns 26,831 shares of the financial services provider’s stock valued at $349,000 after buying an additional 1,920 shares in the last quarter. Institutional investors own 50.96% of the company’s stock.

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About American River Bankshares

American River Bankshares operates as the holding company for American River Bank that provides commercial banking products and services to small and middle-market businesses, and individuals. The company accepts checking and savings deposits; and offers money market deposit accounts and certificates of deposit.

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Earnings History for American River Bankshares (NASDAQ:AMRB)

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