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Earnings
American River reports Q1 EPS 24c, consensus 24c » 09:20
04/16/20
04/16
09:20
04/16/20
09:20
AMRB

American River

$10.18 /

-0.22 (-2.12%)

"While it is…

"While it is important to share our quarterly results with our shareholders, it is important to remember that the current global pandemic is impacting us all," said David E. Ritchie, Jr., President and Chief Executive Officer. "We are carefully balancing our decisions to benefit our shareholders while protecting the health and wellbeing of our employees and financial viability of our clients, which would include providing access to the benefits under the CARES Act." Shareholders' equity was $86.9 million at March 31, 2020 compared to $82.9 million at December 31, 2019. Tangible book value per share was $11.92 at March 31, 2020 compared to $11.29 at December 31, 2019. Book value per share was $14.68 per share at March 31, 2020 compared to $14.06 per share at December 31, 2019. The Company continues to maintain strong capital ratios. At March 31, 2020 the Leverage ratio was 9.4% compared to 9.2% at December 31, 2019; the Tier 1 Risk-Based Capital ratio was 15.3% compared to 14.8% at December 31, 2019; and the Total Risk-Based Capital ratio was 16.6% compared to 15.9% at December 31, 2019.

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AMRB American River
$10.18 /

-0.22 (-2.12%)

01/29/20 Piper Sandler
American River assumed with an Overweight at Piper Sandler
Over a quarter ago
Initiation
American River assumed with an Overweight at Piper Sandler » 06:07
01/29/20
01/29
06:07
01/29/20
06:07
AMRB

American River

$14.90 /

+0.1 (+0.68%)

Piper Sandler analyst…

Piper Sandler analyst Matthew Clark initiated coverage of American River Bankshares with an Overweight rating and $18 price target. The analyst says he likes "this profitability improvement story that should gain additional traction in 2020."

Earnings
American River reports Q4 EPS 26c, two est. 27c » 09:24
01/23/20
01/23
09:24
01/23/20
09:24
AMRB

American River

$14.77 /

+ (+0.00%)

"While we still have…

"While we still have some work to do, we made great progress in 2019 and are pleased with the results. Overall, loans were up 24%, core deposits 6%, net income 12% and earnings per share 13%," said David E. Ritchie, Jr., President and Chief Executive Officer. "Loan demand remained strong with over $43 million in new loan originations during the fourth quarter, as did asset quality, and the margin continues to increase despite the current rate environment." At December 31, 2019, the Leverage ratio was 9.2% compared to 8.9% at December 31, 2018; the Tier 1 Risk-Based Capital ratio was 14.8% compared to 16.1% at December 31, 2018; and the Total Risk-Based Capital ratio was 15.9% compared to 17.3% at December 31, 2018. Tangible book value per share was $11.29 at December 31, 2019 compared to $9.97 at December 31, 2018. Book value per share was $14.06 per share at December 31, 2019 compared to $12.75 per share at December 31, 2018.

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Earnings
American River reports Q3 EPS 27c, consensus 24c » 09:20
10/17/19
10/17
09:20
10/17/19
09:20
AMRB

American River

$14.19 /

+ (+0.00%)

"Our plan continues…

"Our plan continues to be to increase the number of business relationships which should increase our bottom line. We are pleased with the results this past quarter with growth in the balance sheet, loans, deposits and most importantly, net income," said CEO David Ritchie. "This past quarter was our sixth consecutive quarter with over $30M in new loan originations and that is having a positive effect on our interest income and helping our overall profitability." At September 30, 2019, the Leverage ratio was 9.2% compared to 8.9% at December 31, 2018 and 9.0% at September 30, 2018; the Tier 1 Risk-Based Capital ratio was 15.4% compared to 16.1% at December 31, 2018 and 16.6% at September 30, 2018, and the Total Risk-Based Capital ratio was 16.6% compared to 17.3% at December 31, 2018 and 17.9% at September 30, 2018.

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AMRB American River
$14.19 /

+ (+0.00%)

10/22/18 Raymond James
American River upgraded to Market Perform, valuation fair, says Raymond James
10/22/18 Raymond James
American River upgraded to Market Perform from Underperform at Raymond James
Hot Stocks
American River increases quarterly dividend to 7c per share from 5c » 11:03
07/18/19
07/18
11:03
07/18/19
11:03
AMRB

American River

$12.92 /

+ (+0.00%)

American River Bankshares…

American River Bankshares announced its third quarter cash dividend of 7c per share payable on August 14, 2019 to shareholders of record on July 31, 2019. The 7c per share is a 2c or 40% increase over the second quarter 2019 cash dividend of 5c per share that was announced on April 18, 2019. The cash dividend is the third quarterly cash dividend of 2019 and represents the eleventh cash dividend since the quarterly program was reinstated in January of 2017, the company said in a statement.

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AMRB American River
$12.92 /

+ (+0.00%)

10/22/18 Raymond James
American River upgraded to Market Perform, valuation fair, says Raymond James
10/22/18 Raymond James
American River upgraded to Market Perform from Underperform at Raymond James
Earnings
American River reports Q2 EPS 22, two est. 23c » 09:34
07/18/19
07/18
09:34
07/18/19
09:34
AMRB

American River

$12.92 /

+0.37 (+2.95%)

"We continue to make…

"We continue to make progress on our plan by building new relationships and increasing the business with our existing relationships. Speed to market with excellent service remains critical to our success," said CEO David Ritchie. "This past quarter was our fifth consecutive quarter with over $30M in new loan originations and that is beginning to have a positive effect on our balance sheet and our interest income." Reports Q2 CET1 capital ratio 15.62%. Reports Q2 book value per share $13.71.

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AMRB American River
$12.92 /

+0.37 (+2.95%)

10/22/18 Raymond James
American River upgraded to Market Perform, valuation fair, says Raymond James
10/22/18 Raymond James
American River upgraded to Market Perform from Underperform at Raymond James

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