secwatch.observer — SEC 8-K summary
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Issuer:     RIVERVIEW BANCORP INC (RVSB)
CIK:        0001041368
Form:       8-K
Filed at:   2022-10-28T23:59:59+00:00
Accession:  0000939057-22-000316
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1041368/000093905722000316/0000939057-22-000316-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1041368/000093905722000316/riv8k102722.htm
  HTML page:      https://secwatch.observer/filing/0000939057-22-000316

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