Grand River Commerce (OTCPK:GNRV) - Stock Price, News & Analysis

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

Shares are highly illiquid

Does not have a meaningful market cap ($20M)

Grand River Commerce, Inc. Competitors

Logansport Financial

OTCPK:LOGN

US$17.8m

Glen Burnie Bancorp

NasdaqCM:GLBZ

US$16.3m

AMB Financial

OTCPK:AMFC

US$17.3m

Enterprise Financial Services Group

OTCPK:EFSG

US$19.0m

Price History & Performance

Summary of all time highs, changes and price drops for Grand River Commerce
Historical stock prices
Current Share Price	US$2.90
52 Week High	US$3.56
52 Week Low	US$2.52
Beta	0.33
11 Month Change	-4.32%
3 Month Change	7.41%
1 Year Change	-14.71%
33 Year Change	-59.72%
5 Year Change	-52.07%
Change since IPO	-71.00%

Recent updates

Shareholder Returns

	GNRV	US Banks	US Market
7D	9.0%	-0.9%	-1.0%
1Y	-14.7%	53.3%	30.3%

Return vs Industry: GNRV underperformed the US Banks industry which returned 53.3% over the past year.

Return vs Market: GNRV underperformed the US Market which returned 30.3% over the past year.

Price Volatility

Is GNRV's price volatile compared to industry and market?
GNRV volatility
GNRV Average Weekly Movement	n/a
Banks Industry Average Movement	5.1%
Market Average Movement	6.2%
10% most volatile stocks in US Market	15.7%
10% least volatile stocks in US Market	3.1%

Stable Share Price: GNRV's share price has been volatile over 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$20.38m
Earnings (TTM)	-US$1.12m
Revenue (TTM)	US$13.37m

0.6x

P/B Ratio

1.5x

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

Grand River Commerce OTCPK:GNRV Stock Report