Riverview Bancorp approves $4M share buyback
Riverview Bancorp, Inc. (RVSB) announced that its Board of Directors authorized a stock repurchase program for up to $4.0 million of its common stock.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
8-K
Rhea-AI Filing Summary
Riverview Bancorp, Inc. (RVSB) announced that its Board of Directors authorized a stock repurchase program for up to $4.0 million of its common stock. Shares may be repurchased in the open market or through privately negotiated transactions, with the program lasting until completion or 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, Inc. to facilitate repurchases, including during periods when Riverview may possess material non-public information or be subject to company trading blackouts. Riverview reported $1.47 billion in assets at June 30, 2026 and operates 17 branches and 3 lending centers.
Positive
- $4.0 million stock repurchase authorization signals the Board’s stated confidence in Riverview Bancorp, Inc.’s financial strength and capital position and provides a mechanism to return capital through open-market and privately negotiated share repurchases over a period of up to 12 months.
Negative
- None.
Filing Explained
The filing discloses a board-authorized repurchase capacity of up to
8-K Event Classification
2 items: 8.01, 9.01
2 items
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Key Figures
Stock repurchase authorization: $4.0 million of common stock
Total assets: $1.47 billion
Repurchase program duration: 12 months
+2 more
5 metrics
Stock repurchase authorization
$4.0 million of common stock
Maximum aggregate amount authorized by the Board under the repurchase program
Total assets
$1.47 billion
Assets of Riverview Bancorp, Inc. at June 30, 2026
Repurchase program duration
12 months
Program remains in place until completion or 12 months after the effective date, subject to market conditions
Branches
17 branches
Number of Riverview Bank branches, including 13 in the Portland-Vancouver area
Lending centers
3 lending centers
Riverview’s lending centers complementing its branch network
Key Terms
stock repurchase program, Rule 10b5-1, material non-public information, trading blackout periods
4 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 Raymond James & Associates, 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.
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.
trading blackout periods regulatory
"because of insider trading laws or Company-imposed trading blackout periods"
Times when company insiders and certain employees are legally or policy-bound to stop buying or selling the company’s stock, usually around sensitive windows such as before earnings, major announcements, or audits. These pauses act like a temporary “hands-off” rule to prevent trades based on information not yet available to the public, reducing the risk of unfair advantage and regulatory violations; investors watch them because they can limit share liquidity and signal forthcoming news.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What stock repurchase program did RVSB announce on August 26, 2026?
Riverview Bancorp, Inc. announced that its Board authorized a stock repurchase program of up to $4.0 million of its common stock, with repurchases permitted in the open market or via privately negotiated transactions, remaining in place until completion or 12 months after the effective date.
What is the size of Riverview Bancorp, Inc. (RVSB) as of June 30, 2026?
Riverview Bancorp, Inc. reported assets of $1.47 billion as of June 30, 2026. It is the parent of Riverview Bank and Riverview Trust Company and provides community banking services through 17 branches and 3 lending centers in the Portland-Vancouver area.
AI-generated analysis. How Rhea-AI works. Not financial advice.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): August 20, 2026
(Exact name of registrant as specified in its charter)
|
|
|
|
|||
|
(State or other jurisdiction
of incorporation)
|
(Commission
File Number)
|
(I.R.S. Employer
Identification No.)
|
|
|
|
||
|
(Address of principal executive offices)
|
(Zip Code)
|
Registrant’s telephone number, including area code: (360 ) 693-6650
|
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the
registrant under any of the following provisions.
|
|
|
|
|
|
|
|
|
Securities registered pursuant to Section 12(b) of the Act:
|
Title of each class
|
|
Trading Symbol(s)
|
|
Name of each exchange on which registered
|
|
|
|
|
|
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933
(§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for
complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ]
Item 8.01. Other Events
On August 26, 2026, Riverview Bancorp, Inc. (the “Company”) announced that the Company’s Board of Directors
authorized a share repurchase program of up to $4.0 million of its common stock.
The news release announcing the stock repurchase program is attached as Exhibit 99.1 and incorporated by reference
herein.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
99.1
News Release of Riverview Bancorp, Inc. dated August 26, 2026
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to
be signed on its behalf by the undersigned hereunto duly authorized.
|
|
RIVERVIEW BANCORP, INC.
|
|
|
|
|
|
|
|
Date: August 26, 2026
|
/s/ David Lam
|
|
|
David Lam
Chief Financial Officer
(Principal Financial Officer)
|
Exhibit 99.1
|
Contact:
|
Nicole Sherman
David Lam
Riverview Bancorp, Inc. 360-693-6650
|
Riverview Bancorp, Inc. Announces $4.0 Million Stock Repurchase Program
Vancouver, WA – August 26, 2026 - Riverview Bancorp, Inc. (Nasdaq GSM: RVSB) (“Riverview” or the “Company”) headquartered in Vancouver, WA, the holding company parent of Riverview Bank, announced that on August 20, 2026, its Board of Directors adopted a stock 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 effective, the repurchase program will remain in place until the earlier of its completion or 12 months after the effective date, subject to market conditions.
“We are pleased to announce our common stock repurchase authorization as part of our ongoing commitment to delivering long-term value
for Riverview shareholders. This action reflects the Board’s confidence in the Company’s financial strength, disciplined capital management and future opportunities. We believe this expanded program represents a thoughtful and effective use of excess
capital while continuing to support the long-term interests of our shareholders,” 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 Raymond James & Associates, 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, Raymond James & Associates, Inc. would have the authority, subject to the plan’s terms and limitations, to repurchase shares on the Company’s behalf. There is no guarantee as to how many shares the Company may ultimately repurchase, and the
Company may suspend or discontinue the repurchase program at any time.
Riverview Bancorp, Inc. (www.riverviewbank.com) is headquartered in Vancouver, Washington – just north of Portland, Oregon, on the I-5
corridor. With assets of $1.47 billion at June 30, 2026, 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 12 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, 2026. 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.