OTCPK:TRVR

Stock Analysis Report

Two Rivers Financial Group

Executive Summary

Two Rivers Financial Group, Inc., through its subsidiaries, offers banking, insurance, and investment products and services.

Snowflake

Fundamentals

Adequate balance sheet average dividend payer.

Share Price & News

How has Two Rivers Financial Group's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

TRVR

2.7%

US Banks

0.4%

US Market


1 Year Return

-13.6%

TRVR

2.7%

US Banks

6.9%

US Market

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

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


Shareholder returns

TRVRIndustryMarket
7 Day0%2.7%0.4%
30 Day0.3%0.7%-1.1%
90 Day-2.9%3.0%-0.5%
1 Year-11.9%-13.6%5.7%2.7%9.3%6.9%
3 Year41.2%35.7%52.1%41.6%45.8%36.4%
5 Year48.9%36.0%69.2%50.7%62.9%45.1%

Price Volatility Vs. Market

How volatile is Two Rivers Financial Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Two Rivers Financial Group undervalued compared to its fair value and its price relative to the market?

8.57x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: TRVR ($30.25) is trading above our estimate of fair value ($19.07)

Significantly Undervalued: TRVR is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: TRVR is good value based on its PE Ratio (8.6x) compared to the Banks industry average (12.6x).

PE vs Market: TRVR is good value based on its PE Ratio (8.6x) compared to the US market (17.6x).


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate TRVR's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: TRVR is good value based on its PB Ratio (0.9x) compared to the US Banks industry average (1.2x).


Next Steps

Future Growth

How is Two Rivers Financial Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

5.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: TRVR's forecast earnings growth (5.6% per year) is above the savings rate (2.7%).

Earnings vs Market: TRVR's earnings (5.6% per year) are forecast to grow slower than the US market (14.6% per year).

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

Revenue vs Market: Insufficient data to determine if TRVR's revenue is forecast to grow faster than the US market.

High Growth Revenue: Insufficient data to determine if TRVR's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if TRVR's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Two Rivers Financial Group performed over the past 5 years?

-1.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: TRVR's earnings have declined by -1.3% per year over the past 5 years.

Accelerating Growth: TRVR's earnings growth over the past year (54.3%) exceeds its 5-year average (-1.3% per year).

Earnings vs Industry: TRVR earnings growth over the past year (54.3%) exceeded the Banks industry 29.6%.


Return on Equity

High ROE: TRVR's Return on Equity (10.2%) is considered low.


Return on Assets

ROA vs Industry: TRVR'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 TRVR's Return on Capital Employed to determine if it has improved over the past 3 years.


Next Steps

Financial Health

How is Two Rivers Financial Group'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: TRVR has a low level of unsold assets or inventory.

Debt Coverage by Assets: TRVR's debt is not covered by short term assets (assets are 0.2x debt).


Financial Institutions Analysis

Asset Level: TRVR's level of assets compared to its equity is moderate.

Allowance for Bad Loans: Insufficient data to determine if TRVR has a sufficient allowance for bad loans.

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

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

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

Level of Bad Loans: Insufficient data to determine if TRVR has an appropriate level of bad loans.


Next Steps

Dividend

What is Two Rivers Financial Group's current dividend yield, its reliability and sustainability?

2.11%

Current Dividend Yield


Dividend Yield vs Market

company2.1%marketbottom25%1.4%markettop25%3.7%industryaverage3.0%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: TRVR's dividend (2.12%) is higher than the bottom 25% of dividend payers in the US market (1.45%).

High Dividend: TRVR's dividend (2.12%) is low compared to the top 25% of dividend payers in the US market (3.73%).

Stable Dividend: TRVR's dividends per share have been stable in the past 10 years.

Growing Dividend: TRVR's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (18.1%), TRVR's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

What is the CEO of Two Rivers Financial Group's salary, the management and board of directors tenure and is there insider trading?

10.8yrs

Average board tenure


CEO

Two Rivers Financial Group has no CEO, or we have no data on them.


Board Age and Tenure

10.8yrs

Average Tenure

Experienced Board: TRVR's board of directors are seasoned and experienced ( 10.8 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.


Ownership Breakdown


Management Team

  • Rhonda Carlston

    Vice President of Human Resources

    • Tenure: 0yrs
  • Gerhardt Lachnitt

    Vice President of Information Technology

    • Tenure: 0yrs
  • Andrea Gerst

    Chief Financial Officer

    • Tenure: 0yrs
  • Darrell Burchfield

    Senior Vice President of Information Technology

    • Tenure: 0yrs

Board Members

  • Cristy Schmidt

    Director

    • Tenure: 10.8yrs
  • Doug Martin

    Director

    • Tenure: 10.8yrs
  • Frank Delaney

    Chairman of the Board

    • Tenure: 0yrs
  • David McMurray

    Director

    • Tenure: 0yrs
  • John Reiher

    Director

    • Tenure: 0yrs
  • Robert Riley

    Director

    • Tenure: 9.8yrs
  • John von Harz

    Director

    • Tenure: 0yrs
  • Matt Shinn

    Director of Two Rivers Bank & Trust

    • Tenure: 0yrs

Company Information

Two Rivers Financial Group, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Two Rivers Financial Group, Inc.
  • Ticker: TRVR
  • Exchange: OTCPK
  • Founded: 1904
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$66.731m
  • Shares outstanding: 2.21m
  • Website: https://www.tworivers.bank

Location

  • Two Rivers Financial Group, Inc.
  • 222 North Main Street
  • P.O. Box 728
  • Burlington
  • Iowa
  • 52601
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TRVROTCPK (Pink Sheets LLC)YesCommon SharesUSUSDJun 2006

Biography

Two Rivers Financial Group, Inc., through its subsidiaries, offers banking, insurance, and investment products and services. It offers checking, savings, health savings, money market, and individual retire ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/20 00:00
End of Day Share Price2019/09/27 00:00
Earnings2018/12/31
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.