American River Bankshares (NASDAQ:AMRB) is set to announce second quarter earning results on Thursday 16th July 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, AMRB to report 2Q20 income of $ 0.23 per share.
For the full year, analysts anticipate top line of $ 28.00 million, while looking forward to income of $ 1.02 per share bottom line.
Previous Quarter Performance
American River Bankshares unfold income for the first quarter of $ 0.24 per share, from the revenue of $ 6.64 million. The quarterly earnings swell 20.00 percent while revenues swell 9.75 percent compared with the same quarter last year. The consensus estimates are $ 6.45 million in revenue The top line results outshined analysts by $ 0.19 million or 2.95 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of AMRB was $ 10.18, representing a 27.25 % increase from the 52 week low of $ 8.00 and a 38.04 % decrease over the 52 week high of $ 16.43.
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Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.07 per share on April 16, 2020. The dividend were payable on May 13, 2020 to holders of record as of the close of business on April 29, 2020 and ex-dividend date on April 28, 2020.
American River Bankshares operates as the holding company for American River Bank that provides commercial banking products and services to small and middle-market businesses, and individuals. The company accepts checking and savings deposits; and offers money market deposit accounts and certificates of deposit. It also provides commercial, commercial real estate, multi-family real estate, commercial and residential real estate construction, residential real estate, agriculture, consumer, and other installment and term loans, as well as other customary banking services.
