GNRV Stock Overview

Operates as the bank holding company for Grand River Bank that provides various commercial and consumer banking products and services to businesses, professionals, and residents in Michigan. More details

GNRV fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

Risk Analysis

Earnings have declined by 49.3% per year over past 5 years

Does not have a meaningful market cap ($23M)

My Notes

Capture your thoughts, links and company narrative

Grand River Commerce, Inc. Competitors

Victory Bancorp

OTCPK:VTYB

US$21.2m

Commercial National Financial

OTCPK:CNAF

US$19.7m

Mauch Chunk Trust Financial

OTCPK:MCHT

US$20.5m

AMB Financial

OTCPK:AMFC

US$18.2m

Price History & Performance

Summary of share price highs, lows and changes for Grand River Commerce
Historical stock prices
Current Share Price	US$3.30
52 Week High	US$3.30
52 Week Low	US$2.52
Beta	0.35
1 Month Change	8.20%
3 Month Change	8.88%
1 Year Change	1.85%
3 Year Change	-53.52%
5 Year Change	-47.20%
Change since IPO	-67.00%

Recent updates

Shareholder Returns

	GNRV	US Banks	US Market
7D	11.9%	7.2%	3.2%
1Y	1.9%	39.2%	24.2%

Return vs Industry: GNRV underperformed the US Banks industry which returned 39.2% over the past year.

Return vs Market: GNRV underperformed the US Market which returned 24.2% over the past year.

Price Volatility

Is GNRV's price volatile compared to industry and market?
GNRV volatility
GNRV Average Weekly Movement	8.2%
Banks Industry Average Movement	5.2%
Market Average Movement	6.5%
10% most volatile stocks in US Market	18.9%
10% least volatile stocks in US Market	3.2%

Stable Share Price: GNRV has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: Insufficient data to determine GNRV's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2006	n/a	Bob Bilotti	www.grandriverbank.com

Grand River Commerce, Inc. operates as the bank holding company for Grand River Bank that provides various commercial and consumer banking products and services to businesses, professionals, and residents in Michigan. It operates through Commercial Real Estate; Commercial and Industrial; and Consumer segments. The company offers deposit products comprising interest and noninterest-bearing checking accounts, savings accounts, and time deposits; and residential lot, land, and construction financing services.

Grand River Commerce, Inc. Fundamentals Summary

How do Grand River Commerce's earnings and revenue compare to its market cap?
GNRV fundamental statistics
Market cap	US$23.23m
Earnings (TTM)	-US$1.12m
Revenue (TTM)	US$13.37m

0.7x

P/B Ratio

1.7x

P/S Ratio

Is GNRV overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GNRV income statement (TTM)
Revenue	US$13.37m
Cost of Revenue	US$0
Gross Profit	US$13.37m
Other Expenses	US$14.49m
Earnings	-US$1.12m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.16
Gross Margin	100.00%
Net Profit Margin	-8.37%
Debt/Equity Ratio	93.5%

How did GNRV perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/20 10:20
End of Day Share Price	2025/01/17 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Grand River Commerce, Inc. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution

Grand River Commerce OTCPK:GNRV Stock Report