Riverview Bancorp, Inc. filings document formal disclosures for a Washington savings and loan holding company and its Riverview Bank subsidiary. Recent 8-K reports include results of operations and financial condition, with earnings exhibits covering net interest income, net interest margin, credit quality, noninterest income and expense, dividends, tangible book value and stock repurchase activity.
Other material-event filings cover investment securities portfolio actions, including held-to-maturity and available-for-sale classification matters, share repurchase authorization, board appointments and director retirement disclosures, bylaw amendments affecting board size, and changes in the independent registered public accounting firm.
Nierenberg Investment Management Company, LLC, a ten percent owner of Riverview Bancorp Inc., reported three open-market sales of common stock indirectly held through Haredale Ltd. On July 22, 23 and 24, 2026, Haredale Ltd. sold 5,000 shares on each date at prices of $5.25, $5.27 and $5.29 per share, respectively, totaling 15,000 shares. Footnotes explain that the shares are owned by investment funds for which Nierenberg is general partner or investment manager, and each reporting person disclaims beneficial ownership except to the extent of any pecuniary interest.
Riverview Bancorp Inc has a new Form 3 reporting indirect beneficial ownership by Nierenberg Investment Management Company, LLC, which is classified as a ten percent owner. Nierenberg reports common stock positions held through D3 Family Fund, L.P. (696,050.0000 shares), D3 Family Bulldog Fund, L.P. (1,242,337.0000 shares) and Haredale Ltd. (94,388.0000 shares).
Through these affiliated funds, Nierenberg and related persons may be deemed to beneficially own the reported securities, but they disclaim beneficial ownership except to the extent of their pecuniary interest.
Riverview Bancorp, Inc. will hold a virtual annual shareholder meeting on August 27, 2026 to elect four directors, hold an advisory say‑on‑pay vote and seek approval of the new 2026 Stock Purchase Plan.
Shareholders of record at the close of business on July 1, 2026, when 20,160,613 common shares were outstanding, may vote one vote per share, subject to a 10% voting cap in the articles. Large holders include Nierenberg Investment Management with 2,095,910 shares (10.4%) and several other institutions over 5%. Directors and executive officers as a group hold 778,700 shares (3.9%).
The Board recommends voting FOR all proposals. The Stock Purchase Plan would reserve 600,000 shares, about 3.0% of outstanding stock, for employee purchases generally at 85% of the lower of market price at the start or end of each offering period. Fiscal 2026 CEO compensation totaled $527,653, and change‑in‑control agreements disclose defined cash severance and accelerated equity vesting for top executives.
Riverview Bancorp, Inc. outlines its banking operations, balance sheet and credit trends for the year ended March 31, 2026. The Company reports total assets of $1.46 billion, deposits of $1.25 billion and shareholders’ equity of $145.6 million. Net loans receivable were $1.08 billion, with 88.6% in commercial and construction lending and 11.4% in consumer loans.
Commercial real estate and multi-family credits dominate the portfolio, at $611.6 million and $103.6 million, while commercial business loans totaled $219.8 million. Nonperforming assets rose to $7.8 million, or 0.53% of total assets, largely tied to specific hospitality and other commercial real estate borrowers. The allowance for credit losses was $15.2 million, equal to 1.40% of total loans and 196% of non-accrual loans.
Deposits grew to $1.25 billion, with an average cost of 1.36% and no wholesale-brokered or internet listing-service deposits outstanding. FHLB advances declined to $16.1 million, and the Bank maintained substantial unused borrowing capacity. Management emphasizes commercial banking in the Portland-Vancouver region, disciplined credit standards and continued focus on core deposit growth.
Riverview Bancorp Inc. executive vice president and chief risk & DEO Charmaine Lightheart reported open-market purchases of the company’s common stock. She bought 26 shares at $5.59 per share on May 29, 2026 and 150 shares at a weighted-average price of $5.538 on June 1, 2026, for a total of 176 shares acquired. Following these purchases, she directly holds 8,516 common shares. The filing also shows an additional 445 shares held indirectly through the ESOP, which represents employee plan holdings rather than direct ownership.
Manulife Financial Corporation and affiliates report beneficial ownership stakes in Riverview Bancorp, Inc. Manulife Investment Management (US) LLC holds 1,071,741 shares of Common Stock, representing 5.17% of the class, and Manulife Investment Management Limited holds 4,709 shares (0.02%), based on 20,710,901 shares outstanding as of February 13, 2026 per the issuer's Form 10-Q. The filing is a joint Schedule 13G/A amendment indicating aggregated beneficial ownership through MFC's indirect, wholly owned subsidiaries. Signatures for the filing were provided by authorized representatives, and the filing references an existing power of attorney for signature authority.
Riverview Bancorp executive Robert Benke reported a new share purchase. On May 8, 2026, the EVP and Chief Credit Officer bought 4,000 shares of Common Stock in an open-market transaction at $5.44 per share.
After this purchase, Benke directly owns 47,984 shares of Riverview Bancorp Common Stock. The filing also shows 4,815 shares held indirectly through the ESOP and, according to a footnote, 8,740 shares owned in the Riverview 401(k) Plan, highlighting additional retirement-related holdings.
Riverview Bancorp Inc. President and CEO Nicole Sherman made an open-market purchase of company stock. On May 7, 2026, she bought 1,800 shares of common stock at an average price of $5.4867 per share, increasing her direct holdings to 164,717 shares.
Riverview Bancorp Inc. director Larry Hoff reported an open-market purchase of company stock. On May 5, 2026, he bought 1,920 shares of Riverview Bancorp Common Stock at $5.215 per share. Following this transaction, his direct ownership increased to 14,020 shares of common stock.
Riverview Bancorp EVP/COO Daniel D. Cox reported an open-market purchase of 1,000 shares of common stock at $5.22 per share. Following this transaction, he directly holds 70,008 common shares and also reports 7,960 shares held indirectly through the ESOP.
A footnote further notes ownership of 6,684 shares in the Riverview 401(k) Plan, adding to his overall economic exposure to RVSB stock.