Riverview Bancorp, Inc. Added to Russell 2000 Index

Rhea-AI Summary

Riverview Bancorp (NASDAQ:RVSB) announced its addition to both the Russell 3000® Index and Russell 2000® Index following Russell Investments' June 30, 2025 index reconstitution. The inclusion represents a significant milestone for the Pacific Northwest-focused community bank.

According to FTSE Russell data, approximately $10.6 trillion in assets are benchmarked against Russell US indexes as of June 2024. The company expects this inclusion to enhance its visibility among institutional investors.

Positive

• Addition to Russell 2000® and Russell 3000® Indices increases institutional visibility
• Potential for increased investor exposure with $10.6 trillion in assets benchmarked to Russell indexes

Negative

• None.

VANCOUVER, Wash., July 01, 2025 (GLOBE NEWSWIRE) -- Riverview Bancorp, Inc. (Nasdaq GSM: RVSB) (“Riverview” or the “Company”) today announced it was added to the Russell 3000 Index® and Russell 2000® Index when Russell Investments reconstituted its comprehensive set of U.S. and global equity indexes on June 30, 2025.

“Being added to the Russell 2000® Index is an important milestone for Riverview and reflects the strong progress we have made in growing the value of our franchise and increasing shareholder value,” said Nicole Sherman, President and CEO of the Company. “We expect our inclusion in the Russell Indices to generate greater visibility among institutional investors and our commitment to being the best-in-class community bank in the Pacific Northwest.”

Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. According to the data as of the end of June 2024, about $10.6 trillion in assets are benchmarked against the Russell US indexes, which belong to FTSE Russell, the global index provider.

For more information on the Russell 2000® Index and the Russell indexes reconstitution, go to the “Russell Reconstitution” section on the FTSE Russell website.

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.

About FTSE Russell
FTSE Russell is a global index leader that provides innovative benchmarking, analytics and data solutions for investors worldwide. FTSE Russell calculates thousands of indexes that measure and benchmark markets and asset classes in more than 70 countries, covering 98% of the investable market globally. FTSE Russell index expertise and products are used extensively by institutional and retail investors globally. Approximately $18.1 trillion is benchmarked to FTSE Russell indexes. Leading asset owners, asset managers, ETF providers and investment banks choose FTSE Russell indexes to benchmark their investment performance and create ETFs, structured products and index-based derivatives. A core set of universal principles guides FTSE Russell index design and management: a transparent rules-based methodology is informed by independent committees of leading market participants. FTSE Russell is focused on applying the highest industry standards in index design and governance and embraces the IOSCO Principles. FTSE Russell is also focused on index innovation and customer partnerships as it seeks to enhance the breadth, depth and reach of its offering.

Contact:
Nicole Sherman, President & CEO
David Lam, CFO                
360-693-6650    

FAQ

What does Riverview Bancorp's (RVSB) addition to the Russell 2000 Index mean for investors?

The addition to Russell indices increases RVSB's visibility among institutional investors and potentially broadens its investor base, with approximately $10.6 trillion in assets benchmarked against Russell US indexes.

When was Riverview Bancorp (RVSB) added to the Russell 2000 Index?

Riverview Bancorp was added to the Russell 2000® Index on June 30, 2025 during Russell Investments' annual reconstitution of its equity indexes.

Which Russell indices is Riverview Bancorp (RVSB) now part of?

Riverview Bancorp (RVSB) has been added to both the Russell 3000® Index and Russell 2000® Index.

How much in assets are benchmarked against Russell US indexes?

According to data as of June 2024, approximately $10.6 trillion in assets are benchmarked against Russell US indexes.