Two Rivers Bancorp Director Frank J. Patock, Jr. Acquires 2,000 Shares (TRCB)
Two Rivers Bancorp (NASDAQ:TRCB) Director Frank J. Patock, Jr. bought 2,000 shares of the stock in a transaction dated Thursday, August 7th. The shares were purchased at an average cost of $8.23 per share, with a total value of $16,460.00. Following the completion of the purchase, the director now directly owns 94,524 shares in the company, valued at approximately $777,933. The acquisition was disclosed in a filing with the SEC, which is available at this link.
Two Rivers Bancorp (NASDAQ:TRCB) opened at 8.32 on Tuesday. Two Rivers Bancorp has a 52 week low of $6.90 and a 52 week high of $8.94. The stock’s 50-day moving average is $8.50 and its 200-day moving average is $8.1. The company has a market cap of $65.9 million and a P/E ratio of 12.27.
The company also recently declared a quarterly dividend, which is scheduled for Friday, August 29th. Shareholders of record on Friday, August 8th will be given a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a yield of 1.46%. The ex-dividend date of this dividend 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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