Two River Bancorp was the holding company for Two River Community Bank, which operated 14 branches along with two loan production offices throughout Monmouth, Middlesex, Union, and Ocean Counties, NJ.
“We engaged The Equity Group when our shares were trading at a 70% discount to book value. We felt that the Company was in an excellent position and the timing was right to enhance our investor communication strategy. Over the ensuing five years, The Equity Group was active and thoughtful in their approach to Two River and our position in the marketplace. They helped us properly communicate the Company’s growth and development, and introduced our story to numerous new contacts, many of which became holders. Ultimately, we sold the Company at a significant premium to book value (188%). The proactive IR program and The Equity Group’s involvement played an important role in achieving a favorable outcome for Two River’s shareholders.”
A. Richard Abrahamian
Former EVP & CFO
Two River Bancorp (Acquired)
  • Commenced services in October 2014.
  • Stock was trading at $7.75.
  • Market cap of $70 million.
  • 23% institutional holders.
  • No research coverage.
Key Aspects of Our Work
  • Developed communications strategy and drafted news releases, earnings call scripts, and presentations.
  • Developed/managed an active, multi-city contact and meetings program targeting prospective analysts and institutional buyers.
  • Provided counsel on various matters relating to Two Rivers’ position as a US-listed public company, and provided an array of market intelligence.
  • Secured invitations to various high quality investor conferences.
  • Research coverage initiated by FIG Partners.
  • 40% institutional ownership.
  • Market cap topped $175 million.
  • Added to Russell 3000® and 2000® Indexes.
  • Acquired by OceanFirst in Jan 2020; transaction valued at $20.79 per share.