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Two Rivers Bancorp (NASDAQ:TRCB) CFO A Richard Abrahamian bought 1,000 shares of the company’s stock on the open market in a transaction that occurred on Wednesday, August 6th. The stock was purchased at an average price of $8.18 per share, for a total transaction of $8,180.00. Following the purchase, the chief financial officer now directly owns 11,739 shares in the company, valued at approximately $96,025. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Shares of Two Rivers Bancorp (NASDAQ:TRCB) traded up 1.35% during mid-day trading on Thursday, hitting $8.2299. 1,420 shares of the company’s stock traded hands. Two Rivers Bancorp has a 1-year low of $6.90 and a 1-year high of $8.94. The stock’s 50-day moving average is $8.51 and its 200-day moving average is $8.13. The company has a market cap of $65.2 million and a P/E ratio of 12.12.

The company also recently announced a quarterly dividend, which is scheduled for Friday, August 29th. Investors of record on Friday, August 8th will be paid a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a dividend yield of 1.48%. The ex-dividend date is Wednesday, August 6th.

Two River Bancorp, formerly Community Partners Bancorp, is a bank holding company. The Company’s wholly owned banking subsidiaries are The Town Bank (NASDAQ:TRCB) and Two River Community Bank (Two River).

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