Wall Street analysts expect that American River Bankshares (NASDAQ:AMRB) will report earnings of $0.21 per share for the current fiscal quarter, according to Zacks Investment Research. Two analysts have made estimates for American River Bankshares’ earnings, with the highest EPS estimate coming in at $0.21 and the lowest estimate coming in at $0.20. American River Bankshares reported earnings of $0.27 per share in the same quarter last year, which suggests a negative year over year growth rate of 22.2%. The company is expected to announce its next quarterly earnings report on Thursday, October 19th.

On average, analysts expect that American River Bankshares will report full year earnings of $0.81 per share for the current year, with EPS estimates ranging from $0.80 to $0.81. For the next fiscal year, analysts expect that the business will report earnings of $0.89 per share, with EPS estimates ranging from $0.86 to $0.92. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side research firms that that provide coverage for American River Bankshares.

American River Bankshares (NASDAQ:AMRB) last posted its quarterly earnings data on Thursday, July 20th. The financial services provider reported $0.20 EPS for the quarter, hitting analysts’ consensus estimates of $0.20. The business had revenue of $5.31 million for the quarter, compared to analyst estimates of $5.35 million. American River Bankshares had a return on equity of 7.46% and a net margin of 27.46%.

Several equities research analysts recently issued reports on the stock. Zacks Investment Research upgraded shares of American River Bankshares from a “sell” rating to a “hold” rating in a research note on Monday, June 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.

American River Bankshares (NASDAQ:AMRB) traded down 0.38% during trading on Monday, hitting $13.22. The stock had a trading volume of 11,780 shares. The company has a market capitalization of $83.00 million, a price-to-earnings ratio of 14.14 and a beta of 0.39. The stock has a 50 day moving average price of $13.46 and a 200 day moving average price of $14.21. American River Bankshares has a 12-month low of $10.31 and a 12-month high of $15.99.

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In other American River Bankshares news, CEO David T. Taber sold 33,753 shares of the 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 transaction, 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 SEC, which can be accessed through this hyperlink. 12.20% of the stock is owned by corporate insiders.

A number of institutional investors have recently added to or reduced their stakes in the business. Dimensional Fund Advisors LP increased its holdings in shares of American River Bankshares by 2.9% during the second quarter. Dimensional Fund Advisors LP now owns 354,059 shares of the financial services provider’s stock worth $5,137,000 after purchasing an additional 10,030 shares during the period. Globeflex Capital L P increased its holdings in shares of American River Bankshares by 27.5% during the second quarter. Globeflex Capital L P now owns 10,961 shares of the financial services provider’s stock worth $159,000 after purchasing an additional 2,365 shares during the period. Vanguard Group Inc. increased its holdings in shares of American River Bankshares by 2.1% during the second quarter. Vanguard Group Inc. now owns 227,191 shares of the financial services provider’s stock worth $3,296,000 after purchasing an additional 4,667 shares during the period. JPMorgan Chase & Co. increased its holdings in shares of American River Bankshares by 217.7% during the second quarter. JPMorgan Chase & Co. now owns 7,943 shares of the financial services provider’s stock worth $115,000 after purchasing an additional 5,443 shares during the period. Finally, Hilton Capital Management LLC bought a new position in shares of American River Bankshares during the second quarter worth approximately $237,000. 51.03% of the stock is currently owned by hedge funds and other institutional investors.

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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Earnings History and Estimates for American River Bankshares (NASDAQ:AMRB)

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