Equities analysts expect American River Bankshares (NASDAQ:AMRB) to report $5.45 million in sales for the current fiscal quarter, Zacks reports. Two analysts have issued estimates for American River Bankshares’ earnings. The lowest sales estimate is $5.40 million and the highest is $5.50 million. American River Bankshares posted sales of $5.48 million during the same quarter last year, which suggests a negative year-over-year growth rate of 0.5%. The company is expected to issue its next quarterly earnings report on Thursday, October 19th.

On average, analysts expect that American River Bankshares will report full-year sales of $5.45 million for the current year. For the next fiscal year, analysts anticipate that the company will report sales of $22.65 million per share, with estimates ranging from $22.20 million to $23.10 million. Zacks Investment Research’s sales calculations are an average based on a survey of sell-side research firms that follow American River Bankshares.

American River Bankshares (NASDAQ:AMRB) last released its quarterly earnings results on Thursday, July 20th. The financial services provider reported $0.20 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.20. The firm had revenue of $5.31 million during the quarter, compared to analysts’ expectations of $5.35 million. American River Bankshares had a return on equity of 7.46% and a net margin of 27.46%.

A number of equities research analysts have recently weighed in on the company. Raymond James Financial, Inc. downgraded American River Bankshares from a “market perform” rating to an “underperform” rating in a research note on Thursday. UBS AG lowered American River Bankshares from a “market perform” rating to an “underperform” rating in a report on Thursday. Finally, Zacks Investment Research lowered American River Bankshares from a “buy” rating to a “hold” rating in a report on Wednesday, April 26th.

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In other American River Bankshares news, CEO David T. Taber sold 33,753 shares of the firm’s stock in a transaction that occurred on Thursday, August 3rd. The stock was sold at an average price of $13.85, for a total value of $467,479.05. Following the sale, the chief executive officer now 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 Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 12.20% of the company’s stock.

A number of hedge funds have recently added to or reduced their stakes in AMRB. Dimensional Fund Advisors LP raised its stake in American River Bankshares by 2.9% in the second quarter. Dimensional Fund Advisors LP now owns 354,059 shares of the financial services provider’s stock worth $5,137,000 after buying an additional 10,030 shares during the period. Pacific Ridge Capital Partners LLC raised its stake in American River Bankshares by 14.9% in the first quarter. Pacific Ridge Capital Partners LLC now owns 271,212 shares of the financial services provider’s stock worth $4,019,000 after buying an additional 35,144 shares during the period. Vanguard Group Inc. raised its stake in American River Bankshares by 2.1% in the second quarter. Vanguard Group Inc. now owns 227,191 shares of the financial services provider’s stock worth $3,296,000 after buying an additional 4,667 shares during the period. Eidelman Virant Capital acquired a new stake in American River Bankshares during the second quarter worth about $1,420,000. Finally, Wedbush Securities Inc. raised its stake in American River Bankshares by 89.5% in the second quarter. Wedbush Securities Inc. now owns 25,643 shares of the financial services provider’s stock worth $372,000 after buying an additional 12,114 shares during the period. 49.42% of the stock is currently owned by hedge funds and other institutional investors.

American River Bankshares (AMRB) opened at 13.50 on Monday. The stock has a market cap of $87.55 million, a PE ratio of 14.44 and a beta of 0.37. The firm has a 50-day moving average price of $14.07 and a 200-day moving average price of $14.52. American River Bankshares has a 12-month low of $10.15 and a 12-month high of $15.99.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 16th. Stockholders of record on Wednesday, August 2nd will be issued a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.48%. The ex-dividend date is Monday, July 31st. American River Bankshares’s dividend payout ratio is 21.28%.

About American River Bankshares

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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