American River Bankshares Reports First Quarter 2021 Results

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Recent Analyst Ratings for
$AMRB

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  • McGrath Announces Nicolas Anderson Elected to Board

    McGrath RentCorp ("McGrath" or the "Company") (NASDAQ:MGRC), a leading business-to-business rental company in North America, today announced the appointment of Nicolas (Nic) Anderson to the Company's Board of Directors. Bradley Shuster, Chairman of McGrath RentCorp's Board stated: "We are very pleased to welcome Nicolas to our Board. He is not only an accomplished leader with an extensive background as an executive in finance, he also has a strong entrepreneurial background. Nic's experience and perspective will be a valuable complement to McGrath's Board." Mr. Anderson is a founder and Managing Partner of Elm Grove Partners, an entrepreneurial private equity firm focused on control inves

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    Major Banks
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  • Bank of Marin Bancorp Announces Completion of Acquisition of American River Bankshares

    Bank of Marin Bancorp, "BMRC" (NASDAQ:BMRC), parent company of Bank of Marin, "the Bank," today announced the completion of its acquisition of American River Bankshares, "AMRB" (NASDAQ:AMRB), parent company of American River Bank, effective August 6, 2021. BMRC and AMRB held special meetings of shareholders on July 28, 2021 and each company's shareholders have approved the acquisition. Under terms of the agreement, each share of AMRB common stock was converted into the right to receive 0.575 shares of BMRC common stock. The value of the total deal consideration was approximately $125 million, which includes the value of AMRB options being paid in cash by BMRC. Also under the agreement, tw

    $AMRB
    $BMRC
    Major Banks
    Finance
  • American River Bankshares Reports Second Quarter 2021 Results

    SACRAMENTO, Calif., July 22, 2021 (GLOBE NEWSWIRE) -- American River Bankshares (NASDAQ-GS: AMRB) today reported net income of $2.4 million, or $0.40 per diluted share for the second quarter of 2021 compared to $1.7 million, or $0.30 per diluted share for the second quarter of 2020. For the six months ended June 30, 2021, net income was $5.0 million or $0.84 per diluted share, compared to $3.2 million or $0.54 per diluted share for the six months ended June 30, 2020. "The second quarter of 2021 was quite active for AMRB; we announced the merger with Bank of Marin Bancorp, worked diligently to help our PPP borrowers have their loans forgiven, and continued to keep our focus on growing the

    $AMRB
    Major Banks
    Finance

$AMRB
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  • McGrath Announces Nicolas Anderson Elected to Board

    McGrath RentCorp ("McGrath" or the "Company") (NASDAQ:MGRC), a leading business-to-business rental company in North America, today announced the appointment of Nicolas (Nic) Anderson to the Company's Board of Directors. Bradley Shuster, Chairman of McGrath RentCorp's Board stated: "We are very pleased to welcome Nicolas to our Board. He is not only an accomplished leader with an extensive background as an executive in finance, he also has a strong entrepreneurial background. Nic's experience and perspective will be a valuable complement to McGrath's Board." Mr. Anderson is a founder and Managing Partner of Elm Grove Partners, an entrepreneurial private equity firm focused on control inves

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  • American River Bankshares Reports Second Quarter 2021 Results

    SACRAMENTO, Calif., July 22, 2021 (GLOBE NEWSWIRE) -- American River Bankshares (NASDAQ-GS: AMRB) today reported net income of $2.4 million, or $0.40 per diluted share for the second quarter of 2021 compared to $1.7 million, or $0.30 per diluted share for the second quarter of 2020. For the six months ended June 30, 2021, net income was $5.0 million or $0.84 per diluted share, compared to $3.2 million or $0.54 per diluted share for the six months ended June 30, 2020. "The second quarter of 2021 was quite active for AMRB; we announced the merger with Bank of Marin Bancorp, worked diligently to help our PPP borrowers have their loans forgiven, and continued to keep our focus on growing the

    $AMRB
    Major Banks
    Finance
  • American River Bankshares Announces its Quarterly Cash Dividend

    SACRAMENTO, Calif., July 15, 2021 (GLOBE NEWSWIRE) -- American River Bankshares (NASDAQ-GS: AMRB) announced its quarterly cash dividend of 7 cents per share ($0.07) payable on August 5, 2021 to shareholders of record on July 28, 2021. The cash dividend is equal to the 7 cents announced on April 22, 2021 and represents the nineteenth cash dividend since the quarterly cash dividend program was reinstated in January of 2017. About American River BanksharesAmerican River Bankshares [NASDAQ-GS: AMRB] is the parent company of American River Bank, a regional bank serving Northern California since 1983. We provide financial expertise and exceptional service to complement a full suite of banking

    $AMRB
    Major Banks
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  • American River Bankshares Announces its Quarterly Cash Dividend

    SACRAMENTO, Calif., April 22, 2021 (GLOBE NEWSWIRE) -- American River Bankshares (NASDAQ-GS: AMRB) announced its quarterly cash dividend of 7 cents per share ($0.07) payable on May 19, 2021 to shareholders of record on May 5, 2021. The cash dividend is equal to the 7 cents announced on January 21, 2021 and represents the eighteenth cash dividend since the quarterly cash dividend program was reinstated in January of 2017. About American River BanksharesAmerican River Bankshares [NASDAQ-GS: AMRB] is the parent company of American River Bank, a regional bank serving Northern California since 1983. We provide financial expertise and exceptional service to complement a full suite of banking p

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    Major Banks
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$AMRB
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