Riverview Bancorp Q2 FY2023 EPS $0.24, NIM expands to 3.30%

RIVERVIEW BANCORP INC

2023-Q2 EPS reported $0.45

Net income of $5.2M ($0.24 diluted EPS) vs $0.21 prior quarter and $0.29 year-ago quarter.
Net interest margin expanded 19 bps to 3.30% from 3.11% prior quarter; core NIM 3.37%.
Total loans flat QoQ at $1.01B; purchased $8.7M commercial loans. Deposits $1.49B, down $6.3M.
No provision for loan losses; non-performing loans ex-govt guaranteed $248k (0.01% of assets).
Paid quarterly dividend of $0.06/share; completed $5.0M stock repurchase (718,734 shares at avg $6.96).

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

RIVERVIEW BANCORP INC reported the second fiscal quarter ended September 30, 2022 results: net income $5.2 million, EPS $0.24 per diluted share.

Period: the second fiscal quarter ended September 30, 2022
Net income: $5.2 million
EPS: $0.24 per diluted share
Result: reported results

Exact text from the filing

Riverview Bancorp, Inc. (Nasdaq GSM: RVSB) (“Riverview” or the “Company”) today reported earnings of $5.2 million, or $0.24 per diluted share, in the second fiscal quarter ended September 30, 2022

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

RIVERVIEW BANCORP INC reported first six months of fiscal 2023 results: net income $9.8 million, EPS $0.45 per diluted share.

Period: first six months of fiscal 2023
Net income: $9.8 million
EPS: $0.45 per diluted share
Result: reported results

Exact text from the filing

In the first six months of fiscal 2023, net income was $9.8 million, or $0.45 per diluted share

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Source: SEC EDGAR

accession 0000939057-22-000316

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