Two River Community Bank

Headquartered in Tinton Falls, NJ, Two River Community Bank operates 15 branch locations and 2 Regional Lending Offices serving Monmouth, Middlesex, Union and Ocean Counties. We are a full-service bank offering personal banking, residential mortgages, business banking, commercial loans, and medical/private banking and lending. Since opening our doors in 2000, our focus has been on our customers, as we strive to make their banking experience the very best it can by meeting their financial needs and goals, getting to know them as a valued customer and friend, and providing them with the latest in technological advances. We are here to help our customers achieve their dreams. The key strength of Two River Community Bank is the team we've assembled. Our Board of Directors has deep roots in New Jersey and in the surrounding business communities. The core of our professional staff has been working together providing community banking services in this area for over the last decade. The focus of our Bank is to provide a complete array of financial services to individuals and organizations located within our local communities. We invite you to experience the advantages of local management, local knowledge, local decision making and local service in helping you build your financial foundation. Two River Community Bank...Your Community. Your Bank.
Company Growth (employees)
Type
Public
HQ
Tinton Falls, US
Size (employees)
142 (est)+4%
Two River Community Bank is headquartered in Tinton Falls, US

Two River Community Bank Office Locations

Two River Community Bank has offices in Tinton Falls, Wall Township, Atlantic Highlands, Freehold and in 10 other locations
Tinton Falls, US (HQ)
656 Shrewsbury Ave
Tinton Falls, US
766 Shrewsbury Ave
Summit, US
a 7 Cedar St
Toms River, US
110 26 Main St
Westfield, US
520 S Ave W
Fanwood, US
328 South Ave

Two River Community Bank Data and Metrics

Two River Community Bank Financial Metrics

Two River Community Bank's revenue was reported to be $10.1 m in Q1, 2017
USD

Revenue (Q1, 2017)

10.1 m

Gross profit (Q1, 2017)

8.8 m

Gross profit margin (Q1, 2017), %

87%

Net income (Q1, 2017)

1.8 m

EBIT (Q1, 2017)

7.4 m

Market capitalization (15-Aug-2017)

151.5 m

Cash (31-Mar-2017)

61.7 m
Two River Community Bank's current market capitalization is $151.5 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

30.3 m30.4 m32.1 m40.1 m

Revenue growth, %

0%6%25%

Cost of goods sold

3.8 m3.5 m3.9 m5.2 m

Gross profit

26.5 m26.9 m28.2 m34.9 m

Gross profit Margin, %

87%89%88%87%

Sales and marketing expense

13.3 m

R&D expense

554 k

General and administrative expense

4.1 m

Operating expense total

17.9 m

EBIT

25.6 m26.3 m27.8 m28.9 m

EBIT margin, %

84%87%86%72%

Pre tax profit

8.1 m9.6 m9.9 m13 m

Income tax expense

3 m3.6 m3.6 m4.3 m

Net Income

5.2 m6 m6.3 m8.6 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

8.3 m8.4 m8.5 m8.8 m9.1 m9.2 m9.7 m10.8 m10.1 m

Cost of goods sold

866 k851 k904 k967 k973 k1.2 m1.3 m1.3 m1.4 m

Gross profit

7.4 m7.5 m7.5 m7.9 m8.1 m8 m8.4 m9.5 m8.8 m

Gross profit Margin, %

90%90%89%89%89%87%87%88%87%

Sales and marketing expense

3 m3 m3.1 m3.2 m3.3 m3.2 m3.3 m3.4 m3.6 m

R&D expense

93 k95 k118 k124 k110 k135 k135 k135 k130 k

General and administrative expense

838 k868 k977 k999 k964 k995 k1 m1.1 m1.1 m

Operating expense total

3.9 m3.9 m4.2 m4.4 m4.4 m4.3 m4.5 m4.6 m4.7 m

EBIT

6.4 m6.8 m6.7 m6.7 m7.1 m7.1 m6.9 m7 m7.4 m

EBIT margin, %

78%81%79%76%79%77%71%65%73%

Pre tax profit

2.3 m2.7 m2.3 m2.3 m2.7 m2.6 m2.7 m3.6 m2.8 m

Income tax expense

837 k1 m854 k849 k961 k931 k939 k999 k951 k

Net Income

2.9 m4.6 m1.4 m2.9 m4.6 m1.7 m3.4 m6.1 m1.8 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

47.9 m36.1 m46.7 m42.1 m

Accounts Receivable

1.8 m1.6 m1.9 m96.2 m

Inventories

753.1 m

PP&E

4.2 m5.7 m5.1 m4.7 m

Goodwill

18.1 m18.1 m18.1 m18.1 m

Total Assets

769.7 m781.2 m863.7 m940.2 m

Accounts Payable

66 k46 k118 k776.6 m

Total Liabilities

839.5 m

Retained Earnings

12.5 m17.5 m22.8 m24.4 m

Total Equity

93 m100.7 m

Financial Leverage

9.3 x9.3 x
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

49.4 m42.9 m54.1 m31.3 m26.9 m61.7 m

Inventories

674.1 m675.6 m704.4 m726.4 m754 m762.7 m

PP&E

5.4 m5.2 m4.9 m4.9 m4.8 m5.3 m

Goodwill

18.1 m18.1 m18.1 m18.1 m18.1 m18.1 m

Total Assets

844.4 m842.3 m881.9 m884.7 m909.2 m967.1 m

Accounts Payable

686.4 m690.7 m727.1 m726.3 m739.2 m799.7 m

Retained Earnings

19.9 m21.3 m24.2 m25.6 m27.9 m25.9 m

Total Equity

96.3 m97.6 m94.6 m96.3 m98.6 m102.4 m

Financial Leverage

8.8 x8.6 x9.3 x9.2 x9.2 x9.4 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

5.2 m6 m6.3 m8.6 m

Depreciation and Amortization

711 k596 k798 k780 k

Accounts Receivable

124 k124 k(276 k)(322 k)

Accounts Payable

(4 k)(20 k)72 k(18 k)

Cash From Operating Activities

9.1 m5.8 m13.1 m8.9 m

Cash From Investing Activities

(41.3 m)(21.8 m)(77.7 m)(79.7 m)

Long-term Borrowings

(1.5 m)(1.5 m)

Cash From Financing Activities

31.5 m4.3 m75.2 m66.1 m

Interest Paid

3.8 m3.5 m3.8 m5.2 m

Income Taxes Paid

3.7 m3.4 m3.3 m4.3 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

2.9 m4.6 m1.4 m2.9 m4.6 m1.7 m3.4 m6.1 m1.8 m

Depreciation and Amortization

278 k436 k182 k384 k592 k200 k391 k586 k189 k

Accounts Receivable

163 k162 k(18 k)(42 k)(131 k)31 k(124 k)(16 k)144 k

Accounts Payable

(3 k)(11 k)59 k40 k3 k(33 k)(34 k)(29 k)(2 k)

Cash From Operating Activities

3.7 m6.1 m1 m3.6 m6 m5.9 m8.9 m8.4 m4.6 m

Cash From Investing Activities

(5.1 m)(10.1 m)(11.9 m)(50.3 m)(54.9 m)(14.8 m)(41.1 m)(66 m)(8.4 m)

Long-term Borrowings

(1.5 m)(1.5 m)(2.7 m)(2.7 m)

Cash From Financing Activities

(7.5 m)168 k22 m60 m55.6 m16.3 m16.8 m37.8 m23.4 m

Interest Paid

1.7 m2.6 m845 k1.8 m2.8 m1.2 m2.5 m3.8 m1.4 m

Income Taxes Paid

1.3 m2.2 m250 k1.2 m2.1 m1.3 m2.3 m3.3 m1.8 m
USDY, 2017

Revenue/Employee

73.9 k

Financial Leverage

9.4 x

Two River Community Bank Market Value History

Traffic Overview of Two River Community Bank

Two River Community Bank Online and Social Media Presence

Two River Community Bank Company Life and Culture

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