The EVP – Chief Operating Officer of American River Bankshares (AMRB) is Buying Shares

Yesterday, the EVP – Chief Operating Officer of American River Bankshares (AMRB), Kevin Bender, bought shares of AMRB for $34.99K.

Following this transaction Kevin Bender’s holding in the company was increased by 27.9% to a total of $284K. This is Bender’s first Buy trade following 5 Sell transactions.

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Based on American River Bankshares’ latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $6.04 million and quarterly net profit of $1.15 million. In comparison, last year the company earned revenue of $5.46 million and had a net profit of $1.11 million. AMRB’s market cap is $86.92M and the company has a P/E ratio of 26.10. Currently, American River Bankshares has an average volume of 4,060.

In the last 30 days, insiders have sold $27.23K worth of AMRB shares and purchased $78.92K worth of AMRB shares. The insider sentiment on American River Bankshares has been positive according to 32 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

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American River Bankshares operates as a bank holding company, which engages in financial services. The company t hrough its subsidiary, provides checking and savings deposits, money market deposit accounts and certificates of deposit, secured and unsecured commercial, secured real estate, installment and term loans, and other customary banking services.