Two River Bancorp (TRCB) Files 10-K for the Fiscal Year Ended on December 31, 2017

Two River Bancorp (TRCB, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017. Two River Bancorp is the holding company for Two River Community Bank. It provides banking services to small and medium-sized businesses, professionals and individual consumers located in Central and Northern New Jersey. Two River Bancorp has a market cap of $153.730 million; its shares were traded at around $18.15 with a P/E ratio of 23.87 and P/S ratio of 4.38. The dividend yield of Two River Bancorp stocks is 0.96%. Two River Bancorp had annual average EBITDA growth of 9.80% over the past five years.

For the last quarter Two River Bancorp reported a revenue of $9.87 million, compared with the revenue of $9.04 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $38.0 million, an increase of 8.7% from last year. For the last five years Two River Bancorp had an average revenue growth rate of 5.8% a year.

The reported diluted earnings per share was 75 cents for the year, a decline of 22% from the previous year. Over the last five years Two River Bancorp had an EPS growth rate of 10.4% a year. The Two River Bancorp had a decent operating margin of 32.95%, compared with the operating margin of 37.08% a year before. The 10-year historical median operating margin of Two River Bancorp is 26.96%. The profitability rank of the company is 5 (out of 10).

At the end of the fiscal year, Two River Bancorp has the cash and cash equivalents of $48.2 million, compared with $42.1 million in the previous year. The long term debt was $35.7 million, compared with $35.2 million in the previous year. The interest coverage to the debt is 2.2, which is not a favorable level. Two River Bancorp has a financial strength rank of 4 (out of 10).

At the current stock price of $18.15, Two River Bancorp is traded at 97.9% premium to its historical median P/S valuation band of $9.17. The P/S ratio of the stock is 4.38, while the historical median P/S ratio is 2.22. The stock gained 1.14% during the past 12 months.

For the complete 20-year historical financial data of TRCB, click here.