American River Bankshares (AMRB) |
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Price: $0.0000
$0.00
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Day's High:
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| Week Perf:
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Day's Low: |
$ 0.00 |
30 Day Perf: |
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Volume (M): |
0 |
52 Wk High: |
$ 0.00 |
Volume (M$): |
$ 0 |
52 Wk Avg: |
$0.00 |
Open: |
$0.00 |
52 Wk Low: |
$0.00 |
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Market Capitalization (Millions $) |
- |
Shares
Outstanding (Millions) |
6 |
Employees |
100 |
Revenues (TTM) (Millions $) |
28 |
Net Income (TTM) (Millions $) |
8 |
Cash Flow (TTM) (Millions $) |
71 |
Capital Exp. (TTM) (Millions $) |
0 |
American River Bankshares
American River Bankshares is a bank holding company registered under the Bank
Holding Company Act of 1956, as amended. The Company was incorporated under the
laws of the State of California in 1995. As a bank holding company, the Company
is authorized to engage in the activities permitted under the Bank Holding Company
Act of 1956, as amended, and regulations thereunder. Its principal office is located
at 3100 Zinfandel Drive, Suite 450, Rancho Cordova, California 95670 and its telephone
number is (916) 851-0123.
The Company owns 100% of the issued and outstanding common shares of its banking
subsidiary, American River Bank, and American River Financial, a California
corporation which has been inactive since its incorporation in 2003.
American River Bank was incorporated and commenced business in Fair Oaks, California,
in 1983 and thereafter moved its headquarters to Sacramento, California in 1985.
American River Bank operates four full service offices in Sacramento County
including the main office located at 1545 River Park Drive, Suite 107, Sacramento
and branch offices in Sacramento and Gold River; one full service office in
Placer County, located in Roseville; two full service offices in Sonoma County
in Healdsburg and Santa Rosa; and three full service offices in Amador County
in Jackson, Pioneer, and Ione. In addition, American River Bank operates loan
production offices in Santa Clara and Contra Costa Counties. In 2000, North
Coast Bank was acquired by the Company as a separate bank subsidiary. Effective
December 31, 2003, North Coast Bank was merged with and into American River
Bank. On December 3, 2004, the Company acquired Bank of Amador located in Jackson,
California. Bank of Amador was merged with and into American River Bank.
American River Bank does not offer trust services or international banking
services and does not plan to do so in the near future. American River Bank’s
primary business is serving the commercial banking needs of small to mid-sized
businesses within those counties listed above. American River Bank accepts checking
and savings deposits, offers money market deposit accounts and certificates
of deposit, makes secured and unsecured commercial, secured real estate, and
other installment and term loans and offers other customary banking services.
American River Bank also conducts lease financing for most types of business
equipment, from computer software to heavy earth-moving equipment. American
River Bank owns 100% of two inactive companies, ARBCO and American River Mortgage.
ARBCO was formed in 1984 to conduct real estate development and has been inactive
since 1995. American River Mortgage has been inactive since its formation in
1994.
American River Bank is licensed by the California Commissioner of the Department
of Business Oversight (the “Commissioner”), and its deposits are
insured by the FDIC up to the applicable legal limits. On November 9, 2010,
the FDIC implemented a final rule under the Dodd-Frank Act to permanently increase
the maximum insurance limit to $250,000 per depositor. American River Bank has
chosen not to become a member of the Federal Reserve System. Consequently, American
River Bank is subject to the supervision of, and is regularly examined by, the
Commissioner and the FDIC. The supervision and regulation includes comprehensive
reviews of all major aspects of American River Bank’s business and condition,
including its capital ratios, allowance for possible loan and lease losses and
other factors. However, no inference should be drawn that such authorities have
approved any such factors. American River Bankshares and American River Bank
are required to file reports with the Board of Governors, the Commissioner,
and the FDIC and provide any additional information that the Board of Governors,
the Commissioner, and the FDIC may require.
American River Bankshares is a bank holding company within the meaning of the
Bank Holding Company Act of 1956, as amended (the “Bank Holding Company
Act”), and is registered as such with, and subject to the supervision
of, the Board of Governors. The Company is required to obtain the approval of
the Board of Governors before it may acquire all or substantially all of the
assets of any bank, or ownership or control of the voting shares of any bank
if, after giving effect to such acquisition of shares, the Company would own
or control more than 5% of the voting shares of such bank. The Bank Holding
Company Act prohibits the Company from acquiring any voting shares of, or interest
in, all or substantially all of the assets of, a bank located outside the State
of California unless such an acquisition is specifically authorized by the laws
of the state in which such bank is located. Any such interstate acquisition
is also subject to applicable California and federal law.
The Company, and any subsidiaries which it may acquire or organize, are deemed
to be “affiliates” within the meaning of that term as defined in
the Federal Reserve Act. This means, for example, that there are limitations
(a) on loans by American River Bank to affiliates, and (b) on investments by
American River Bank in affiliates’ stock as collateral for loans to any
borrower. The Company and its subsidiaries are also subject to certain restrictions
with respect to engaging in the underwriting, public sale and distribution of
securities.
Company Address: 3100 Zinfandel Drive Rancho Cordova 95670 CA
Company Phone Number: 851-0123 Stock Exchange / Ticker: NASDAQ AMRB
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Customers Net Income grew by |
AMRB's Customers Net Profit Margin grew to |
253.34 % |
8.57 %
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Stock Performances by Major Competitors |
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Horizon Bancorp Inc
Horizon Bancorp Inc, a regional bank company, has recently seen an increase in its share price over the last month and the last five trading days, despite facing some challenges in its financial performance. The company's shares have seen a 3.35% increase over the course of the last 30 days and a 4.34% increase over the last five trading days. This positive movement in the stock price is a good sign for investors, but it is important to also consider the company's financial results and operational performance in order to fully understand the reasons behind this increase. For the period ending December 31, 2023, Horizon Bancorp Inc reported a shortfall of $-0.57 per share, compared to a profit of $0.48 per share in the previous year. This decrease in earnings per share is concerning and indicates that the company may be facing challenges in generating profits. The revenue also fell sharply by -63.126% to $20.53 million from $55.69 million in the same period a year before. This drop in revenue could be attributed to various factors such as slowing demand or changes in the market environment.
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Ohio Valley Banc Corp
In the face of a challenging landscape for regional banks, Ohio Valley Banc Corp (OVBC) managed to achieve expanding sales in its most recent fiscal period. However, the company experienced a shrinking earnings per share (EPS), raising questions about its future prospects. Let's delve into the financial results to better understand how these developments may impact the company going forward. Expanding Sales, Decreasing EPS: OVBC reported a 9.944% increase in revenue, reaching $14.21 million compared to $12.92 million on a year-over-year basis. While this indicates positive growth, the bottom-line paints a different picture, with EPS decreasing by 7.99% to $0.68 per share from $0.74 in the prior year's reporting season. This discrepancy suggests that OVBC's profitability is not keeping pace with its revenue growth.
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South Plains Financial Inc
South Plains Financial Inc (NASDAQ: SPFI) recently reported its financial results for the fourth quarter of 2023 earnings season, and it was not a pretty picture. Both revenue and earnings took a significant hit, with income falling by -14.8% to $0.62 per share and revenue by -10.343% year on year. Revenue in the fourth quarter of 2023 stood at $43.71 million, compared to $48.75 million in the same period of the previous year. Furthermore, the decline in performance was not just limited to the year-on-year comparison. Compared to the prior quarter, income saw a staggering drop of -20.06% from $0.78 per share, and revenue deteriorated by -10.188% from $48.67 million. Net profits for the financial fourth quarter of 2023 also fell by -18.2% to $10.324 million, down from $12.621 million in the corresponding period a year before.
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First Western Financial Inc
First Western Financial Inc (NASDAQ: MYFW) has recorded a disappointing fiscal span ending December 31, 2023, reflecting significant declines in both revenue and earnings. The company reported a drastic decline of -48.776% in revenue, which plummeted to $13.92 million compared to the previous year. Additionally, MYFW recorded a substantial shortfall per share, falling to $-0.33 from $0.49 in the fourth quarter of 2022. The decline in revenue is evident when comparing it to the preceding quarter, where income per share dropped from $0.32 per share and revenue tumbled by -38.237% from $22.54 million. These figures indicate a concerning trend of decreasing revenue for First Western Financial Inc.
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Coastal Financial Corporation
Coastal Financial Corporation, a Regional Banks company, recently reported its financial results for the quarter ending December 31, 2023. While the company saw a slight increase in revenue of 1.461%, it also experienced a significant decrease in income of -26.98% compared to the same quarter a year prior. Despite the revenue gain, earnings per share (EPS) also fell to $0.65. The behavior of Coastal Financial Corporation, as a Regional Banks company, has come as a surprise to many industry analysts. While other companies in the Regional Banks sector saw an average reduction in business of -8.12%, Coastal Financial Corporation managed to achieve a revenue increase. However, this was not enough to offset the significant decline in income.
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Per Share |
Current |
Earnings (TTM) |
1.41 $ |
Revenues (TTM) |
4.74 $
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Cash Flow (TTM) |
12.09 $ |
Cash |
51.28 $
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Book Value |
15.79 $
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Dividend (TTM) |
0.21 $ |
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Per Share |
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Earnings (TTM) |
1.41 $
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Revenues (TTM) |
4.74 $ |
Cash Flow (TTM) |
12.09 $ |
Cash |
51.28 $
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Book Value |
15.79 $ |
Dividend (TTM) |
0.21 $ |
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