NasdaqGS:AMRB

Stock Analysis Report

American River Bankshares

Executive Summary

American River Bankshares operates as the holding company for American River Bank that provides commercial banking products and services to small and middle-market businesses, and individuals.

Snowflake

Fundamentals

Flawless balance sheet and fair value.


Similar Companies

Share Price & News

How has American River Bankshares's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

2.5%

AMRB

2.7%

US Banks

0.4%

US Market


1 Year Return

-5.7%

AMRB

2.7%

US Banks

6.9%

US Market

Return vs Industry: AMRB underperformed the US Banks industry which returned 2.7% over the past year.

Return vs Market: AMRB underperformed the US Market which returned 6.9% over the past year.


Shareholder returns

AMRBIndustryMarket
7 Day2.5%2.7%0.4%
30 Day7.0%0.7%-1.1%
90 Day9.5%3.0%-0.5%
1 Year-4.2%-5.7%5.7%2.7%9.3%6.9%
3 Year37.2%31.9%52.1%41.6%45.8%36.4%
5 Year62.5%56.2%69.2%50.7%62.9%45.1%

Price Volatility Vs. Market

How volatile is American River Bankshares's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is American River Bankshares undervalued compared to its fair value and its price relative to the market?

16.68x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: AMRB ($14.59) is trading above our estimate of fair value ($10.38)

Significantly Below Fair Value: AMRB is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: AMRB is poor value based on its PE Ratio (16.7x) compared to the Banks industry average (12.6x).

PE vs Market: AMRB is good value based on its PE Ratio (16.7x) compared to the US market (17.6x).


Price to Earnings Growth Ratio

PEG Ratio: AMRB is good value based on its PEG Ratio (1x)


Price to Book Ratio

PB vs Industry: AMRB is good value based on its PB Ratio (1x) compared to the US Banks industry average (1.2x).


Next Steps

Future Growth

How is American River Bankshares forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

17.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: AMRB's forecast earnings growth (17.2% per year) is above the savings rate (2.7%).

Earnings vs Market: AMRB's earnings (17.2% per year) are forecast to grow faster than the US market (14.6% per year).

High Growth Earnings: AMRB's earnings are forecast to grow, but not significantly.

Revenue vs Market: AMRB's revenue (5.3% per year) is forecast to grow slower than the US market (7.2% per year).

High Growth Revenue: AMRB's revenue (5.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: AMRB's Return on Equity is forecast to be low in 3 years time (8.1%).


Next Steps

Past Performance

How has American River Bankshares performed over the past 5 years?

-2.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: AMRB's earnings have declined by -2% per year over the past 5 years.

Accelerating Growth: AMRB's earnings growth over the past year (51.3%) exceeds its 5-year average (-2% per year).

Earnings vs Industry: AMRB earnings growth over the past year (51.3%) exceeded the Banks industry 29.6%.


Return on Equity

High ROE: AMRB's Return on Equity (6.2%) is considered low.


Return on Assets

ROA vs Industry: AMRB's Return on Assets is below or equal to the Banks industry average last year.


Return on Capital Employed

ROCE Improving: Insufficient data to calculate AMRB's Return on Capital Employed to determine if it has improved over the past 3 years.


Next Steps

Financial Health

How is American River Bankshares's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Inventory Level: AMRB has a low level of unsold assets or inventory.

Debt Coverage by Assets: AMRB's debt is covered by short term assets (assets are 4.323310x debt).


Financial Institutions Analysis

Asset Level: AMRB's level of assets compared to its equity is low.

Allowance for Bad Loans: AMRB has a sufficient allowance for bad loans.

Low Risk Liabilities: AMRB's liabilities are made up of primarily low risk sources of funding.

Loan Level: AMRB has an acceptable proportion of non-loan assets held.

Low Risk Deposits: AMRB's loans are broadly funded by customer deposits.

Level of Bad Loans: AMRB has an appropriate level of bad loans (0.01%)


Next Steps

Dividend

What is American River Bankshares's current dividend yield, its reliability and sustainability?

1.92%

Current Dividend Yield


Dividend Yield vs Market

company1.9%marketbottom25%1.4%markettop25%3.7%industryaverage3.0%forecastin3Years1.8%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: AMRB's dividend (1.92%) is higher than the bottom 25% of dividend payers in the US market (1.45%).

High Dividend: AMRB's dividend (1.92%) is low compared to the top 25% of dividend payers in the US market (3.73%).

Stable Dividend: AMRB's dividend payments have been volatile in the past 10 years.

Growing Dividend: AMRB's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (25.2%), AMRB's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: AMRB's dividends in 3 years are forecast to be well covered by earnings (22% payout ratio).


Next Steps

Management

What is the CEO of American River Bankshares's salary, the management and board of directors tenure and is there insider trading?

8.9yrs

Average management tenure


CEO

Dave Ritchie (61yo)

1.9yrs

Tenure

US$587,728

Compensation

Mr. David E. Ritchie, Jr. also known as Dave, has been the Chief Executive Officer and President at American River Bankshares and American River Bank since November 2017. Mr. Ritchie has more than 31 years ...


CEO Compensation Analysis

Compensation vs. Market: Dave has recently become CEO, making it difficult to compare their total compensation against companies of similar size in the US market.

Compensation vs Earnings: Dave's compensation has been consistent with company performance over the past year.


Management Age and Tenure

8.9yrs

Average Tenure

59yo

Average Age

Experienced Management: AMRB's management team is seasoned and experienced (8.9 years average tenure).


Board Age and Tenure

6.5yrs

Average Tenure

61yo

Average Age

Experienced Board: AMRB's board of directors are considered experienced (6.5 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyUS$4,80408 May 19
Nicolas Anderson
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares375
Max PriceUS$12.81
BuyUS$14,24530 Apr 19
Daniel McGregor
EntityIndividual
Role
Senior Key Executive
Executive VP & Chief Credit Officer
Shares1,100
Max PriceUS$12.95
BuyUS$10,15126 Apr 19
William Robotham
EntityIndividual
Role
Vice Chairman
Independent Vice Chairman of the Board
Shares783
Max PriceUS$12.99
BuyUS$13,06222 Feb 19
William Robotham
EntityIndividual
Role
Vice Chairman
Independent Vice Chairman of the Board
Shares933
Max PriceUS$14.00
BuyUS$4,70613 Feb 19
Nicolas Anderson
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares325
Max PriceUS$14.48
SellUS$23,14913 Nov 18
Kevin Bender
EntityIndividual
Role
Chief Operating Officer
Executive VP & COO
Shares1,528
Max PriceUS$15.15
BuyUS$43,93513 Nov 18
Kimberly Box
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares2,900
Max PriceUS$15.15
BuyUS$4,50613 Nov 18
Nicolas Anderson
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares300
Max PriceUS$15.02
BuyUS$55,12402 Nov 18
Philip Wright
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares3,617
Max PriceUS$15.25
BuyUS$2,10830 Oct 18
Philip Wright
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares141
Max PriceUS$14.95
BuyUS$155,00024 Oct 18
William Robotham
EntityIndividual
Role
Vice Chairman
Independent Vice Chairman of the Board
Shares10,000
Max PriceUS$15.50

Ownership Breakdown


Management Team

  • Mitch Derenzo (58yo)

    Executive VP & CFO

    • Tenure: 24.8yrs
    • Compensation: US$404.63k
  • Kevin Bender (55yo)

    Executive VP & COO

    • Tenure: 10.1yrs
    • Compensation: US$399.62k
  • Stephen Waks (72yo)

    Corporate Secretary & Independent Director

    • Tenure: 33.8yrs
    • Compensation: US$56.44k
  • Diana Walery

    VP & Director of Communications

    • Tenure: 14.8yrs
  • Erica Fernandez

    SVP & Commercial Banking Mngr

    • Tenure: 0yrs
  • Marie Crayne

    Senior VP & Credit Administrator

    • Tenure: 7.8yrs
  • Dan McGregor (59yo)

    Executive VP & Chief Credit Officer

    • Tenure: 1.4yrs
    • Compensation: US$253.36k
  • Erica Dias

    Vice President of Marketing & Community Engagement

    • Tenure: 0yrs
  • Dave Ritchie (61yo)

    President

    • Tenure: 1.9yrs
    • Compensation: US$587.73k

Board Members

  • Chet Fite (61yo)

    Independent Chairman of the Board

    • Tenure: 18.8yrs
    • Compensation: US$72.07k
  • Stephen Waks (72yo)

    Corporate Secretary & Independent Director

    • Tenure: 33.8yrs
    • Compensation: US$56.44k
  • Michael Ziegler (74yo)

    Independent Director

    • Tenure: 17.8yrs
    • Compensation: US$65.50k
  • Phil Wright (72yo)

    Independent Director

    • Tenure: 10.6yrs
    • Compensation: US$53.09k
  • William Robotham (77yo)

    Independent Vice Chairman of the Board

    • Tenure: 5.8yrs
    • Compensation: US$54.12k
  • kim Box (59yo)

    Independent Director

    • Tenure: 7.3yrs
    • Compensation: US$56.87k
  • Jeff Owensby (61yo)

    Independent Director

    • Tenure: 2.8yrs
    • Compensation: US$48.37k
  • Dave Ritchie (61yo)

    President

    • Tenure: 1.9yrs
    • Compensation: US$587.73k
  • Nic Anderson (34yo)

    Independent Director

    • Tenure: 1.6yrs
    • Compensation: US$24.78k
  • Julie Raney

    Director

    • Tenure: 0.2yrs

Company Information

American River Bankshares's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: American River Bankshares
  • Ticker: AMRB
  • Exchange: NasdaqGS
  • Founded: 1983
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$85.387m
  • Shares outstanding: 5.85m
  • Website: https://www.americanriverbank.com

Number of Employees


Location

  • American River Bankshares
  • 3100 Zinfandel Drive
  • Suite 450
  • Rancho Cordova
  • California
  • 95670
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AMRBNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDSep 1990

Biography

American River Bankshares operates as the holding company for American River Bank that provides commercial banking products and services to small and middle-market businesses, and individuals. The company  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/20 23:31
End of Day Share Price2019/10/18 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.