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American River: 2Q Earnings Snapshot

July 18, 2019

RANCHO CORDOVA, Calif. (AP) _ American River Bankshares (AMRB) on Thursday reported second-quarter net income of $1.3 million.

The bank, based in Rancho Cordova, California, said it had earnings of 22 cents per share.

The parent company of American River Bank posted revenue of $6.7 million in the period. Its revenue net of interest expense was $6 million, which did not meet Street forecasts.

American River shares have dropped 7.5% since the beginning of the year. The stock has fallen 18% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AMRB at https://www.zacks.com/ap/AMRB

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