Riverview Bancorp, Inc. reports developments for a Vancouver, Washington savings and loan holding company that owns Riverview Bank and Riverview Trust Company. Its news centers on community banking results in the Portland-Vancouver and Southwest Washington markets, including commercial and business lending, deposits, credit quality, net interest income and net interest margin.
Announcements also cover treasury management and digital banking capabilities, securities portfolio repositioning, cash dividends, common-stock repurchase authorization and board composition changes. The company serves commercial, business and retail clients through bank branches and lending centers, while Riverview Trust Company anchors its trust and investment services activity.
Riverview Bancorp (RVSB) reported net income of $2.0 million for its second fiscal quarter ended September 30, 2026. Diluted earnings were $0.10 per share, compared with $0.08 in the preceding quarter and $0.05 a year earlier. Net interest income reached $11.8 million, versus $9.8 million a year earlier, while net interest margin expanded to 3.40% from 2.76%.
Loans totaled $1.11 billion, up $14.5 million sequentially, and deposits rose $20.3 million to $1.28 billion. Approximately $11.9 million of quarter-end deposits from one relationship was withdrawn afterward. Non-interest expense rose to $12.9 million from $12.2 million a year earlier. Non-performing loans were $8.6 million, versus $776,000 a year earlier. Shareholders’ equity fell to $138.2 million from $145.3 million sequentially. A $4.0 million share repurchase program was approved August 20, 2026.
Riverview Bancorp (RVSB) declared a quarterly cash dividend of $0.02 per share, payable October 20, 2026.
The board approved the dividend on September 25. The amount is unchanged from the preceding quarter, and shareholders of record on October 9 will receive the payment. It is Riverview's 47th consecutive quarterly cash dividend.
Riverview Bancorp (Nasdaq: RVSB) announced that its Board approved a stock repurchase program on August 20, 2026, authorizing the Company to buy back up to $4.0 million of its common stock in open‑market or privately negotiated transactions. The program will remain in effect until completion or up to 12 months after its effective date, subject to market conditions.
The Board also authorized management to enter into a Rule 10b5‑1 trading plan with Raymond James & Associates to facilitate repurchases during blackout periods. Riverview reported $1.47 billion in assets at June 30, 2026, and operates 17 branches and 3 lending centers in the Portland‑Vancouver area.
Riverview Bancorp (Nasdaq: RVSB) announced that Executive Vice President and Chief Lending Officer Michael Sventek will retire effective October 30, 2026. President and CEO Nicole Sherman credited Sventek with helping shape long-term growth strategies and diversify the loan portfolio. Riverview plans to launch a broad-based search in the coming month for a new Chief Lending Officer to build on the existing lending platform and support client and community relationships. The company, headquartered in Vancouver, Washington, reported $1.47 billion in assets as of June 30, 2026, and operates 17 branches and 3 lending centers in the Portland-Vancouver area.
Riverview Bancorp (Nasdaq: RVSB) reported fiscal Q1 2027 net income of $1.7 million, or $0.08 per diluted share, for the quarter ended June 30, 2026, versus a net loss of $8.0 million in the prior quarter and net income of $1.2 million a year earlier.
Net interest income rose to $11.4 million with a net interest margin of 3.34%, up from 2.78% in fiscal Q1 2026, supported by higher loan yields and the March 2026 balance sheet optimization. Non-interest income was $3.6 million, while non-interest expense increased to $12.9 million.
Total loans were steady at $1.08 billion, deposits grew to $1.26 billion, and FHLB advances fell to $16.1 million. Credit metrics weakened, with non-performing loans rising to $8.7 million (0.80% of loans) and classified assets to $29.9 million. Tangible book value per share (non-GAAP) was $5.86; a quarterly dividend of $0.02 per share was paid.
Riverview Bancorp (Nasdaq: RVSB) declared a quarterly cash dividend of $0.02 per share, unchanged from the prior quarter. The dividend will be paid on July 21, 2026, to shareholders of record as of July 9, 2026.
Riverview reported $1.46 billion in assets at March 31, 2026, and operates 17 branches and 3 lending centers serving the Portland-Vancouver area through Riverview Bank and Riverview Trust Company.
Riverview Bancorp (Nasdaq: RVSB) reported a fiscal Q4 2026 net loss of $8.0 million (or $0.39 per diluted share) and a fiscal 2026 net loss of $4.3 million, both including a strategic balance sheet optimization. Excluding the optimization, Q4 non-GAAP net income was $656,000 and fiscal 2026 non-GAAP net income was $4.4 million.
The company sold $149.3 million of securities for a pre-tax loss of $11.4 million, producing $137.9 million in cash proceeds. Management expects the optimization to add ~25 bps to NIM and about $0.13 to EPS annually once redeployed.
Riverview Bancorp (NASDAQ: RVSB) appointed Kourosh Zamani and Jon Girod to its Board of Directors effective April 2, 2026. Zamani brings AI and fintech entrepreneurship experience; Girod adds residential development and community workforce education expertise. Riverview reported $1.51 billion in assets at December 31, 2025 and operates 17 branches.
The additions emphasize local market knowledge and community banking focus across the Portland‑Vancouver region and are intended to broaden board experience in technology, housing development, and community workforce initiatives.
Riverview Bancorp (Nasdaq GSM: RVSB) declared a quarterly cash dividend of $0.02 per share, unchanged from the prior quarter.
The dividend was approved March 26, 2026, is payable April 24, 2026, to shareholders of record as of April 13, 2026. Riverview reported $1.51 billion in assets at December 31, 2025 and operates 17 branches.
Riverview Bancorp (NASDAQ: RVSB) executed a strategic balance sheet optimization on March 25, 2026, reclassifying its entire HTM securities to AFS and selling $149.3 million of lower-yielding investment securities (average yield 1.62%), realizing an estimated pre-tax loss of $11.4 million.
The company said no additional capital was required, it remains well-capitalized with $1.51 billion in assets at Dec 31, 2025, and expects reinvestment to earn back proceeds in under 3.5 years, adding ~25 bps to NIM and ~$0.13 to EPS annually when fully realized.