News coverage about American River Bankshares (NASDAQ:AMRB) has trended somewhat negative on Sunday, Accern reports. The research group identifies negative and positive press coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. American River Bankshares earned a news impact score of -0.04 on Accern’s scale. Accern also gave media headlines about the financial services provider an impact score of 46.6015250109002 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Shares of American River Bankshares (NASDAQ AMRB) traded down 0.30% during trading on Friday, reaching $13.31. 5,945 shares of the company traded hands. American River Bankshares has a 12-month low of $10.15 and a 12-month high of $15.99. The firm’s 50-day moving average is $13.99 and its 200-day moving average is $14.46. The stock has a market capitalization of $85.08 million, a PE ratio of 14.16 and a beta of 0.37.
American River Bankshares (NASDAQ:AMRB) last announced its quarterly earnings data on Thursday, July 20th. The financial services provider reported $0.20 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.20. The firm had revenue of $5.31 million during the quarter, compared to analyst estimates of $5.35 million. American River Bankshares had a net margin of 27.46% and a return on equity of 7.46%. On average, equities analysts predict that American River Bankshares will post $0.79 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, August 16th. Shareholders of record on Wednesday, August 2nd were given a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 1.50%. The ex-dividend date of this dividend was Monday, July 31st. American River Bankshares’s payout ratio is currently 21.28%.
Several brokerages recently commented on AMRB. Zacks Investment Research downgraded shares of American River Bankshares from a “buy” rating to a “hold” rating in a research note on Wednesday, April 26th. Raymond James Financial, Inc. downgraded shares of American River Bankshares from a “market perform” rating to an “underperform” rating in a research note on Thursday, August 10th. Finally, UBS AG downgraded shares of American River Bankshares from a “market perform” rating to an “underperform” rating in a research note on Thursday, August 10th.
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In other news, CEO David T. Taber sold 33,753 shares of the company’s stock in a transaction dated Thursday, August 3rd. The shares were sold at an average price of $13.85, for a total value of $467,479.05. Following the sale, the chief executive officer now directly owns 165,751 shares of the company’s stock, valued at approximately $2,295,651.35. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 12.50% of the stock is currently owned by insiders.
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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