Riverview Bancorp Inc Stock Price, News & Analysis

Riverview Bancorp reported net income of $1.1 million ($0.05 per share) for Q4 fiscal 2025, compared to $1.2 million in Q3 2025. Full fiscal year 2025 net income reached $4.9 million ($0.23 per share), up from $3.8 million in fiscal 2024.

Key highlights include:

• Net interest income of $9.2 million with improved margin of 2.65%
• Strong asset quality with non-performing assets at just 0.01% of total assets
• Total loans increased to $1.06 billion
• Trust assets under management reached $877.9 million
• Tangible book value per share grew to $6.33

The bank completed its strategic plan focusing on profitable growth, digital leadership, and data empowerment. Notable improvements include expanded revenue opportunities through C&I and business banking initiatives, while maintaining strong capital levels and a disciplined credit culture.

Riverview Bancorp (Nasdaq: RVSB) has declared a quarterly cash dividend of $0.02 per share, maintaining the same level as the previous quarter. The dividend will be paid on April 25, 2025, to shareholders of record as of April 14, 2025.

The Vancouver, Washington-based company, with assets of $1.51 billion as of December 31, 2024, operates through its subsidiaries Riverview Bank and Riverview Trust Company. The bank serves commercial, business, and retail clients through 17 branches, including 13 in the Portland-Vancouver area, and 3 lending centers. Notably, Riverview has been recognized as Best Bank by The Vancouver Business Journal and The Columbian for 11 consecutive years.

Riverview Bancorp (RVSB) reported net income of $1.2 million ($0.06 per diluted share) for Q3 fiscal 2025, compared to $1.6 million ($0.07 per share) in Q2 fiscal 2025 and $1.5 million ($0.07 per share) in Q3 fiscal 2024. Net interest income increased to $9.4 million, with net interest margin expanding to 2.60%. Total loans decreased to $1.05 billion, while deposits stood at $1.22 billion.

Key highlights include strong asset quality with non-performing assets at $469,000 (0.03% of total assets), no provision for credit losses during the quarter, and Riverview Trust Company assets under management increasing to $872.6 million. The company maintained strong capital levels with a total risk-based capital ratio of 16.47% and implemented a $2.0 million stock repurchase program, with 200,073 shares repurchased at an average price of $5.43.

Riverview Bancorp (NASDAQ: RVSB) has announced the appointment of Charmaine Lightheart as EVP/Chief Retail and Digital Engagement Officer. With nearly 20 years of banking experience, Lightheart has previously served in various leadership roles including branch manager, treasury management leader, Regional Manager, and Senior Vice President.

Prior to this promotion, Lightheart served two years at Riverview Bank as Senior Vice President, Director of Retail Services. She holds an MBA and is a graduate of the Pacific Coast Banking School. Currently, she serves on the Board of Directors for NW Furniture Bank.

Riverview Bancorp, headquartered in Vancouver, Washington, reports assets of $1.55 billion as of September 30, 2024. The company operates 17 branches, including 13 in the Portland-Vancouver area, and 3 lending centers.

Riverview Bancorp (RVSB) has announced a quarterly cash dividend of $0.02 per share, maintaining the same rate as the previous quarter. The dividend was approved by the Board of Directors on December 18, 2024, and will be payable on January 14, 2025, to shareholders of record as of January 2, 2025.

The company, headquartered in Vancouver, Washington, operates with assets of $1.55 billion as of September 30, 2024. Riverview Bank, along with Riverview Trust Company, serves commercial, business, and retail clients through 17 branches, including 13 in the Portland-Vancouver area, and 3 lending centers. The bank has been recognized as Best Bank by The Vancouver Business Journal and The Columbian for the past 10 years.

Riverview Bancorp (Nasdaq: RVSB) has declared a quarterly cash dividend of $0.02 per share, maintaining the same amount as the previous quarter. The dividend will be paid on January 2, 2025, to shareholders of record as of January 14, 2025.

The company, headquartered in Vancouver, Washington, operates with assets of $1.55 billion as of September 30, 2024. Riverview operates 17 branches, including 13 in the Portland-Vancouver area, and 3 lending centers, providing banking services to commercial, business, and retail clients.

Riverview Bancorp reported net income of $1.6 million, or $0.07 per diluted share, in Q2 fiscal 2025, down from $2.5 million, or $0.12 per share, in Q2 fiscal 2024. Net interest income was $8.9 million, with a net interest margin of 2.46%. Total loans increased by $15.9 million to $1.06 billion, while deposits grew to $1.24 billion. Asset quality remained strong with non-performing assets at $450,000, representing 0.03% of total assets. The company maintained strong capital levels with a total risk-based capital ratio of 16.14% and announced a new $2.0 million stock repurchase program.

Riverview Bancorp, Inc. (Nasdaq GSM: RVSB) has announced a stock repurchase program approved by its Board of Directors on September 25, 2024. The program allows the company to repurchase up to $2.0 million of its outstanding common shares in the open market or through private negotiations. The repurchase program will run for 12 months or until completion, whichever comes first.

To facilitate the repurchases, Riverview has authorized management to enter into a Rule 10b5-1 trading plan with Keefe, Bruyette & Woods, Inc. This plan allows for trades during periods when the company might otherwise be restricted due to possession of material non-public information or trading blackout periods.

Riverview Bancorp, headquartered in Vancouver, Washington, is the parent company of Riverview Bank and Riverview Trust Company, with assets of $1.54 billion as of June 30, 2024. The bank operates 17 branches and 3 lending centers, primarily in the Portland-Vancouver area.

Riverview Bancorp (Nasdaq GSM: RVSB) has declared a quarterly cash dividend of $0.02 per share, unchanged from the previous quarter. The dividend will be paid on October 18, 2024, to shareholders of record as of October 7, 2024. Riverview Bancorp is the parent company of Riverview Bank and Riverview Trust Company, headquartered in Vancouver, Washington. With assets of $1.54 billion as of June 30, 2024, the company operates 17 branches, including 13 in the Portland-Vancouver area, and 3 lending centers. Riverview Bank has been recognized as the Best Bank by readers of The Vancouver Business Journal and The Columbian for the past 10 years.