American River Bankshares (NASDAQ:AMRB) will announce its earnings results before the market opens on Thursday, October 20th. Analysts expect the company to announce earnings of $0.20 per share for the quarter.

American River Bankshares (NASDAQ:AMRB) last released its earnings results on Thursday, July 21st. The financial services provider reported $0.19 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.19. American River Bankshares had a return on equity of 6.57% and a net margin of 24.01%. On average, analysts expect American River Bankshares to post $0.79 EPS for the current fiscal year and $0.85 EPS for the next fiscal year.

Earnings History for American River Bankshares (NASDAQ:AMRB)

Shares of American River Bankshares (NASDAQ:AMRB) opened at 10.81 on Wednesday. The firm has a market cap of $71.21 million, a P/E ratio of 13.79 and a beta of 0.61. American River Bankshares has a 52-week low of $9.52 and a 52-week high of $11.19. The company has a 50 day moving average price of $10.64 and a 200-day moving average price of $10.48.

Separately, Zacks Investment Research lowered shares of American River Bankshares from a “buy” rating to a “hold” rating in a research note on Monday, June 27th.

In related news, CEO David T. Taber sold 3,700 shares of American River Bankshares stock in a transaction that occurred on Wednesday, August 3rd. The shares were sold at an average price of $10.50, for a total value of $38,850.00. Following the completion of the transaction, the chief executive officer now directly owns 153,762 shares in the company, valued at approximately $1,614,501. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 12.50% of the stock is currently owned by corporate insiders.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in AMRB. BlackRock Institutional Trust Company N.A. acquired a new position in American River Bankshares during the second quarter worth $115,000. Vanguard Group Inc. raised its position in American River Bankshares by 3.8% in the second quarter. Vanguard Group Inc. now owns 208,986 shares of the financial services provider’s stock worth $2,121,000 after buying an additional 7,700 shares in the last quarter. Dimensional Fund Advisors LP raised its position in American River Bankshares by 0.4% in the second quarter. Dimensional Fund Advisors LP now owns 330,163 shares of the financial services provider’s stock worth $3,351,000 after buying an additional 1,400 shares during the period. Finally, Banc Funds Co. LLC raised its position in American River Bankshares by 1.1% in the second quarter. Banc Funds Co. LLC now owns 368,357 shares of the financial services provider’s stock worth $3,779,000 after buying an additional 4,049 shares during the period. Institutional investors and hedge funds own 47.73% of the company’s stock.

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.

5 Day Chart for NASDAQ:AMRB

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