News stories about American River Bankshares (NASDAQ:AMRB) have been trending somewhat positive this week, according to Accern Sentiment. Accern rates the sentiment of media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. American River Bankshares earned a news impact score of 0.05 on Accern’s scale. Accern also gave media coverage about the financial services provider an impact score of 47.2817947169247 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Here are some of the headlines that may have effected Accern Sentiment Analysis’s analysis:
- American River Bankshares : posts 3Q profit (4-traders.com)
- American River Bankshares Reports Third Quarter 2017 Results (globenewswire.com)
- American River Bankshares Announces its Fourth Quarter Cash Dividend (finance.yahoo.com)
- UPDATE – American River Bankshares Announces its Fourth Quarter Cash Dividend (finance.yahoo.com)
- American River Bankshares (AMRB) Set to Announce Quarterly Earnings on Monday (americanbankingnews.com)
American River Bankshares (AMRB) traded down 2.57% during midday trading on Thursday, hitting $14.50. 3,064 shares of the company’s stock traded hands. The company has a market capitalization of $91.03 million, a PE ratio of 15.51 and a beta of 0.37. American River Bankshares has a 52 week low of $10.80 and a 52 week high of $15.99. The company has a 50 day moving average of $13.91 and a 200-day moving average of $14.07.
American River Bankshares (NASDAQ:AMRB) last issued its quarterly earnings results on Thursday, July 20th. The financial services provider reported $0.20 EPS for the quarter, hitting the consensus estimate of $0.20. The firm had revenue of $5.31 million for the quarter, compared to analysts’ expectations of $5.35 million. American River Bankshares had a net margin of 24.43% and a return on equity of 6.33%. Equities research analysts predict that American River Bankshares will post $0.79 earnings per share for the current year.
A number of equities research analysts recently commented on the stock. UBS AG cut shares of American River Bankshares from a “market perform” rating to an “underperform” rating in a research note on Thursday, August 10th. Zacks Investment Research cut shares of American River Bankshares from a “hold” rating to a “sell” rating in a research note on Monday, July 24th. Finally, Raymond James Financial, Inc. cut 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 American River Bankshares news, CEO David T. Taber sold 33,753 shares of the business’s stock in a transaction dated Thursday, August 3rd. The stock was sold at an average price of $13.85, for a total transaction of $467,479.05. Following the sale, the chief executive officer now owns 165,751 shares in the company, valued at approximately $2,295,651.35. The transaction was disclosed in a filing with the SEC, which is available through this link. 12.50% of the stock is currently owned by insiders.
About American River Bankshares
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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