Two River Bancorp (TRCB) Files 10-K for the Fiscal Year Ended on December 31, 2018

Two River Bancorp (TRCB, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. 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 $140.890 million; its shares were traded at around $16.37 with a P/E ratio of 12.70 and P/S ratio of 3.51. The dividend yield of Two River Bancorp stocks is 1.29%.

For the last quarter Two River Bancorp reported a revenue of $10.5 million, compared with the revenue of $9.75 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $41.3 million, an increase of 10.2% from last year. For the last five years Two River Bancorp had an average revenue growth rate of 7.9% a year.

The reported diluted earnings per share was $1.29 for the year, an increase of 72% from previous year. Over the last five years Two River Bancorp had an EPS growth rate of 14.1% a year. The profitability rank of the company is 3 (out of 10).

At the end of the fiscal year, Two River Bancorp has the cash and cash equivalents of $48.1 million, compared with $48.2 million in the previous year. The long term debt was $32.4 million, compared with $35.7 million in the previous year. Two River Bancorp has a financial strength rank of 4 (out of 10).

At the current stock price of $16.37, Two River Bancorp is traded at 55.6% premium to its historical median P/S valuation band of $10.52. The P/S ratio of the stock is 3.51, while the historical median P/S ratio is 2.26. The stock lost 8.24% during the past 12 months.

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