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.
Manulife Financial Corporation and its investment management subsidiaries filed an amended ownership report on Riverview Bancorp Inc. common stock. Manulife Investment Management (US) LLC reported beneficial ownership of 5.21% of Riverview’s common stock, and Manulife Investment Management Limited reported 0.02%, while Manulife Financial Corporation itself reported no direct beneficial ownership.
The filing notes that these percentages are based on 20,750,376 Riverview Bancorp shares outstanding as of November 7, 2025, as disclosed in the issuer’s Form 10-Q. Manulife Financial may be deemed to share beneficial ownership indirectly through its parent-subsidiary relationships with the two asset management entities.
Riverview Bancorp, Inc. reported modestly higher profitability while keeping its balance sheet roughly flat for the quarter ended December 31, 2025. Net income was $1.4 million, up from $1.2 million a year earlier, with earnings per share rising to $0.07 from $0.06. For the nine‑month period, net income was $3.7 million, slightly below $3.8 million in the prior year, and diluted earnings per share were unchanged at $0.18.
Net interest income improved to $10.5 million for the quarter and $30.2 million year‑to‑date, reflecting higher loan yields and stable funding costs. Total loans grew to $1.09 billion, while total assets stayed near $1.51 billion. Asset quality remained solid, with an allowance for credit losses of $15.3 million and non‑accrual loans of $1.1 million.
Shareholders’ equity increased to $164.2 million, supported by earnings and improved unrealized losses on securities, while accumulated other comprehensive loss narrowed. The company continued returning capital through dividends of $0.06 per share over nine months and completed a $2.0 million stock repurchase of 383,950 shares at an average price of $5.26.
Riverview Bancorp, Inc. filed a current report to furnish its earnings release for the quarter ended December 31, 2025. The company attached the full press release as Exhibit 99.1, making the detailed financial and operating results available through that exhibit.
Riverview Bancorp, Inc. reported that its Board of Directors has authorized a new share repurchase program. The company may buy back up to $4.0 million of its common stock. The program details were released in a news announcement that is referenced as an exhibit to this report.
Riverview Bancorp, Inc. changed its independent auditor after Delap LLP merged with Aprio, LLP effective January 1, 2026. Following this merger, Delap resigned as the Company’s auditor and the Audit Committee approved Aprio as the new independent registered public accounting firm.
The Company states that Delap’s audit reports on the consolidated financial statements for the fiscal years ended March 31, 2025 and 2024, and for each of the three years in the period ended March 31, 2025, contained no adverse opinions, disclaimers, or qualifications as to uncertainty, audit scope, or accounting principles. Riverview Bancorp also reports there were no disagreements or reportable events with Delap during these periods, and that it did not consult with Aprio on accounting or auditing matters before the appointment. Delap has provided a letter to the SEC agreeing with these disclosures, which is filed as an exhibit.
Riverview Bancorp EVP/CCO Robert Benke reported receiving new equity awards in the company’s common stock. On 09/19/2025, he acquired 4,800 shares of restricted stock under the 2017 Equity Incentive Plan at a price of $0 per share, scheduled to vest in three equal installments on August 1, 2026, 2027, and 2028.
He was also granted a performance-based restricted stock award with a target of 7,200 shares. Half of this award is scheduled to vest on August 1, 2027 and half on August 1, 2028, subject to continued service and performance conditions tied to the company’s total earnings per share from April 1, 2025 through March 31, 2026. After these grants, he directly owned 51,204 shares and indirectly held 4,291 shares through the ESOP.
Riverview Bancorp’s president, CEO, and director Nicole Sherman reported receiving new restricted stock awards in the company’s common stock on September 19, 2025. She acquired 8,252 restricted shares at no cost and a performance-based restricted stock award covering a target 24,757 shares, bringing her direct beneficial ownership to 186,699 shares.
The 8,252-share restricted stock award was granted under the 2017 Equity Incentive Plan and vests in three equal installments on August 1, 2026, August 1, 2027, and August 1, 2028. The performance-based award is scheduled to vest 50% on August 1, 2027 and 50% on August 1, 2028, subject to continued service and to Riverview Bancorp achieving specified earnings per share levels for the period from April 1, 2025 through March 31, 2026.
Riverview Bancorp, Inc. (RVSB) filed its quarterly report for the period ended September 30, 2025. Net income was $1.1M for the quarter versus $1.6M a year ago, as higher operating costs offset stronger net interest income. Quarterly EPS was $0.05 (basic and diluted). For the six months, net income was $2.3M versus $2.5M last year.
Net interest income rose to $9.8M from $8.9M as deposit costs moderated and loan interest increased, while total non‑interest expense increased to $12.2M. Loans receivable, net were $1,054.8M and deposits were $1,236.4M. FHLB advances declined to $52.3M from $76.4M. Accumulated other comprehensive loss improved to $(10.8)M, lifting total shareholders’ equity to $163.5M. The company repurchased 156,347 shares for $811k at an average price of $5.18 and paid cash dividends of $0.04 per share year‑to‑date. Cash from operations was $16.1M; investing provided $8.8M; financing used $21.4M.
Riverview Bancorp, Inc. reported that it issued an earnings release for the quarter ended September 30, 2025. The company furnished this update in an Item 2.02 current report and attached the full news release as Exhibit 99.1. Riverview Bancorp’s common stock trades on NASDAQ under the symbol RVSB.
David Lam, identified as EVP/CFO of Riverview Bancorp Inc. (RVSB), reported a purchase of 1,000 shares on 09/12/2025 at a price of $4.93 per share. After the transaction he beneficially owned 72,134 shares directly and 5,570 shares indirectly through shares held by the ESOP. The filing notes that the reported holdings include 13,501 shares owned in the Riverview 401(k) Plan. The Form 4 was signed by Mr. Lam on 09/16/2025.