Riverview Bancorp Declares Quarterly Cash Dividend of $0.02 Per Share

Rhea-AI Summary

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 July 22, 2025, to shareholders of record as of July 10, 2025.

Riverview, headquartered in Vancouver, Washington, operates with assets of $1.51 billion as of March 31, 2025. The company serves commercial, business, and retail clients through 17 branches and 3 lending centers, primarily in the Portland-Vancouver area. The bank has been recognized as Best Bank by The Vancouver Business Journal and The Columbian for 11 consecutive years.

Positive

• Consistent dividend maintenance indicating financial stability
• Strong regional presence with 17 branches and 3 lending centers
• Substantial asset base of $1.51 billion
• 11-year track record of local recognition as Best Bank

Negative

• Low dividend amount of $0.02 per share suggests limited income for investors

VANCOUVER, Wash., June 27, 2025 (GLOBE NEWSWIRE) -- Riverview Bancorp, Inc. (Nasdaq GSM: RVSB) (“Riverview” or the “Company”) today announced that on June 26, 2025, its Board of Directors approved a quarterly cash dividend of $0.02 per share which remained unchanged compared to the preceding quarter. The dividend is payable on July 22, 2025, to shareholders of record as of July 10, 2025.

About Riverview

Riverview Bancorp, Inc. (www.riverviewbank.com) is headquartered in Vancouver, Washington – just north of Portland, Oregon, on the I-5 corridor. With assets of $1.51 billion at March 31, 2025, it is the parent company of Riverview Bank, as well as Riverview Trust Company. The Bank offers true community banking services, focusing on providing the highest quality service and financial products to commercial, business and retail clients through 17 branches, including 13 in the Portland-Vancouver area, and 3 lending centers. For the past 11 years, Riverview has been named Best Bank by the readers of The Vancouver Business Journal and The Columbian.

This press release contains statements that the Company believes are “forward-looking statements.” These statements relate to the Company’s financial condition, results of operations, plans, objectives, future performance or business. You should not place undue reliance on these statements, as they are subject to risks and uncertainties. When considering these forward-looking statements, you should keep in mind these risks and uncertainties, as well as any cautionary statements the Company may make including those described in 1A (Risk Factors) of the Company’s Form 10-K for the fiscal year ended March 31, 2025. Moreover, you should treat these statements as speaking only as of the date they are made and based only on information then actually known to the Company.

Contacts:         

Nicole Sherman and David Lam                                         
Riverview Bancorp, Inc. 360-693-6650 

FAQ

What is the dividend amount for Riverview Bancorp (RVSB) in Q2 2025?

Riverview Bancorp declared a quarterly cash dividend of $0.02 per share, payable on July 22, 2025.

When is the ex-dividend date for RVSB's latest dividend?

Shareholders must be on record by July 10, 2025 to receive the dividend payment scheduled for July 22, 2025.

What is Riverview Bancorp's (RVSB) total asset value?

Riverview Bancorp reported total assets of $1.51 billion as of March 31, 2025.

How many branches does Riverview Bank operate?

Riverview Bank operates 17 branches, including 13 in the Portland-Vancouver area, along with 3 lending centers.

Has RVSB changed its dividend compared to the previous quarter?

No, Riverview Bancorp's quarterly dividend of $0.02 per share remained unchanged compared to the preceding quarter.