Riverview Bancorp, Inc. Announces $4.0 Million Stock Repurchase Program

Rhea-AI Summary

Riverview Bancorp (Nasdaq: RVSB) announced a $4.0 million stock repurchase program adopted January 22, 2026. The company may repurchase shares in the open market or via privately negotiated transactions through Keefe, Bruyette & Woods under a Rule 10b5-1 plan.

The program runs until the earlier of completion or 12 months after the effective date; there is no guarantee of the number of shares to be repurchased and the company may suspend the program at any time. Riverview reported $1.51 billion in assets at December 31, 2025.

Positive

• $4.0 million authorized stock repurchase program adopted Jan 22, 2026
• Board authorized a Rule 10b5-1 plan with Keefe, Bruyette & Woods to facilitate repurchases
• Program duration set to earlier of completion or 12 months after the effective date

Negative

• Company states no guarantee on number of shares that may be repurchased
• Repurchase program may be suspended or discontinued at any time

Key Figures

Repurchase authorization: $4.0 million Program term: 12 months Assets: $1.51 billion +4 more

7 metrics

Repurchase authorization $4.0 million Maximum common stock buyback under new program

Program term 12 months Maximum duration from effective date or until completion

Assets $1.51 billion Total assets at December 31, 2025

Branches 17 branches Community banking footprint

Portland-Vancouver branches 13 branches Located in Portland‑Vancouver area

Lending centers 3 lending centers Commercial and business lending locations

Best Bank streak 11 years Named Best Bank by local publications

Market Reality Check

Price: $5.19 Vol: Volume 25,346 is 0.58x th...

low vol

$5.19 Last Close

Volume Volume 25,346 is 0.58x the 20-day average, showing limited pre-news activity. low

Technical Shares at $5.10 are trading below the 200-day MA of $5.36 and about 22.61% under the 52-week high.

Peers on Argus

Peers in regional banking showed mixed moves, from -0.50% (SFBC) to +1.14% (MGYR...

Peers in regional banking showed mixed moves, from -0.50% (SFBC) to +1.14% (MGYR), while RVSB was flat at 0.00%, indicating this buyback news is more stock-specific than sector-driven.

Previous Buybacks Reports

2 past events · Latest: Apr 29 (Positive)

Same Type Pattern 2 events

Date	Event	Sentiment	Move	Catalyst
Apr 29	Stock repurchase plan	Positive	+0.0%	Board approved up to <b>$2.0M</b> buyback over 12 months.
Sep 26	Stock repurchase plan	Positive	+0.6%	New <b>$2.0M</b> repurchase program with Rule 10b5‑1 plan option.

Pattern Detected

Prior buyback announcements produced modest, generally positive reactions, suggesting the market has historically viewed these programs constructively but without large swings.

Recent Company History

Over the past year, Riverview Bancorp has repeatedly used stock repurchase programs as a capital management tool. In September 2024 and April 2025, the Board authorized buybacks of up to $2.0 million each, with 12‑month terms and the option to use a Rule 10b5‑1 plan. Those announcements coincided with small positive price moves, framing today’s larger $4.0 million authorization as a continuation and expansion of this approach.

Historical Comparison

buybacks

+0.3 %

Average Historical Move

Historical Analysis

Past buyback announcements led to modestly positive reactions, averaging about 0.32%. Today’s larger authorization extends this capital return pattern while keeping the structure similar.

Typical Pattern

The company has repeatedly renewed 12‑month stock repurchase authorizations, moving from <b>$2.0M</b> programs toward a larger buyback while maintaining a similar Rule 10b5‑1 framework.

Market Pulse Summary

This announcement details a larger $4.0 million stock repurchase authorization, extending Riverview ...

Analysis

This announcement details a larger $4.0 million stock repurchase authorization, extending Riverview Bancorp’s ongoing use of buybacks alongside stable community‑bank operations and $1.51 billion in assets. Historical buyback news in 2024 and 2025 produced modestly positive average moves of about 0.32%. Investors may watch future filings to see how much of the authorization is executed, as well as ongoing earnings and capital metrics, to gauge the program’s impact.

Key Terms

stock repurchase program, Rule 10b5-1, trading plan, material non-public information, +2 more

6 terms

stock repurchase program financial

"its Board of Directors adopted a stock repurchase program."

A stock repurchase program is when a company buys back its own shares from the market. This can make each remaining share more valuable and shows that the company believes its stock is a good investment. It’s like a business treating its shares like a limited resource, hoping to boost confidence and share prices.

Rule 10b5-1 regulatory

"enter into a trading plan with Keefe, Bruyette & Woods, Inc. in accordance with Rule 10b5-1"

Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.

trading plan financial

"authorized management to enter into a trading plan with Keefe, Bruyette & Woods, Inc."

A trading plan is a written set of rules an investor follows about what to buy or sell, when to enter and exit positions, and how much risk to accept—like a travel itinerary that maps the route, stops, and budget before a trip. It matters because it helps remove emotional decisions during market swings, enforces discipline, and makes performance easier to review and improve, reducing the chance of costly impulsive moves.

material non-public information regulatory

"periods when it might otherwise not be permitted to do so because it may be in possession of material non-public information"

Material non-public information is important news about a company that hasn't been shared with the public yet, like a secret that could affect its stock price. Using this inside information to buy or sell stocks is unfair and illegal because it gives someone an unfair advantage over others who don’t have the same info.

insider trading laws regulatory

"because of insider trading laws or Company-imposed trading blackout periods."

Insider trading laws are rules that prohibit people with access to important, nonpublic company information from buying or selling that company’s securities based on that information, and often require certain insiders to report their trades. They matter to investors because these laws protect fair markets—like referees enforcing rules in a game—by preventing a few people from gaining an unfair advantage and by imposing penalties that deter abuse and encourage confidence in market prices.

forward-looking statements regulatory

"This press release contains statements that the Company believes are “forward-looking statements.”"

Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

AI-generated analysis. Not financial advice.

VANCOUVER, Wash., Jan. 28, 2026 (GLOBE NEWSWIRE) -- Riverview Bancorp, Inc. (Nasdaq GSM: RVSB) (“Riverview” or the “Company”) headquartered in Vancouver, WA, the holding company parent of Riverview Bank, announced that on January 22, 2026, its Board of Directors adopted a stock repurchase program.

Under this repurchase program, the Company may repurchase up to $4.0 million of the Company’s outstanding shares of common stock, in the open market, based on prevailing market prices, or in privately negotiated transactions. Once the repurchase program is effective, the repurchase program will continue until the earlier of the completion of the repurchase or 12 months after the effective date, depending upon market conditions.

“Enhancing shareholder value remains a top priority for Riverview. Doubling the size of the common stock repurchase reflects our disciplined approach to deploying excess capital. We continue to evaluate strategies that strengthen shareholder value and we believe this expanded repurchase opportunity represents a prudent and effective use of capital,” said Nicole Sherman, President and Chief Executive Officer.

The Board of Directors of the Company also authorized management to enter into a trading plan with Keefe, Bruyette & Woods, Inc. in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended, to facilitate repurchases of its common stock as part of the stock repurchase program (the “Rule 10b5-1 plan”). The Rule 10b5-1 plan would allow the Company to execute trades during periods when it might otherwise not be permitted to do so because it may be in possession of material non-public information, because of insider trading laws or Company-imposed trading blackout periods. Under the Rule 10b5-1 plan, Keefe, Bruyette & Woods, Inc. would have the authority, subject to the terms and limitations set forth in the Rule 10b5-1 plan, to repurchase shares on the Company’s behalf. There is no guarantee as to the number of shares that the Company may ultimately repurchase. The Company may suspend or discontinue the repurchase program at any time.

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 December 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 Item 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 by the Company.

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

FAQ

What did Riverview Bancorp (RVSB) announce about a stock repurchase on January 22, 2026?

They adopted a repurchase program authorizing up to $4.0 million in share buybacks. According to the company, repurchases may occur in the open market or in privately negotiated transactions through a Rule 10b5-1 plan.

How long will Riverview Bancorp's (RVSB) $4.0 million repurchase program last?

The program continues until the earlier of completion or 12 months after the effective date. According to the company, the timeline depends on market conditions and repurchase activity.

Will Riverview Bancorp (RVSB) use an automated plan to execute repurchases during blackout periods?

Yes. The Board authorized a Rule 10b5-1 plan with Keefe, Bruyette & Woods. According to the company, the plan permits trades when the company might otherwise be restricted from trading.

Does the $4.0 million repurchase guarantee a specific number of Riverview Bancorp (RVSB) shares will be bought?

No. There is no guarantee as to the number of shares to be repurchased. According to the company, total repurchases will depend on market prices and conditions.

Can Riverview Bancorp (RVSB) stop the stock repurchase program before it finishes?

Yes. The company may suspend or discontinue the repurchase program at any time. According to the company, management retains discretion to pause or end repurchases based on conditions.

How large is Riverview Bancorp's balance sheet relative to the $4.0 million repurchase authorization?

Riverview reported $1.51 billion in assets at December 31, 2025. According to the company, the repurchase represents an allocation of excess capital within that balance sheet context.