---
schema_version: "secwatch.filing_event.v1"
accession: "0000939057-23-000204"
form_type: "8-K"
ticker: "RVSB"
cik: "0001041368"
company_name: "RIVERVIEW BANCORP INC"
filed_at: "2023-08-01T23:59:59+00:00"
generated_at: "2026-06-12T16:40:34.676931+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Riverview Bancorp Q1 EPS $0.13, down 38% YoY; NIM contracts to 2.79%

## Summary
- Net income $2.8M ($0.13 diluted EPS) vs $4.7M ($0.21) a year ago and $3.0M ($0.14) prior quarter.
- Net interest income $10.4M, down 18% YoY; NIM fell to 2.79% from 3.11% a year ago.
- Deposits decreased to $1.24B from $1.27B prior quarter; FHLB advances $136.1M.
- Recorded no provision for credit losses; allowance for credit losses 1.53% of total loans.
- Efficiency ratio worsened to 73.1% from 61.9% a year ago; dividend maintained at $0.06/share.

## SEC filing metadata
- accession: 0000939057-23-000204
- form_type: 8-K
- ticker: RVSB
- cik: 0001041368
- company_name: RIVERVIEW BANCORP INC
- filed_at: 2023-08-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1041368/000093905723000204/0000939057-23-000204-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1041368/000093905723000204/riv8k72723.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000939057-23-000204
- JSON: https://secwatch.observer/filing/0000939057-23-000204.json
- Plain text: https://secwatch.observer/filing/0000939057-23-000204.txt

## Key facts
- Earnings Releases
  RIVERVIEW BANCORP INC reported the first fiscal quarter ended June 30, 2023 results: net income $2.8 million, EPS $0.13 per diluted share.
  - Period: the first fiscal quarter ended June 30, 2023
  - Net income: $2.8 million
  - EPS: $0.13 per diluted share
  - Result: reported results
  source text: Riverview Bancorp, Inc. (Nasdaq GSM: RVSB) (“Riverview” or the “Company”) today reported earnings of $2.8 million, or $0.13 per diluted share, in the first fiscal quarter ended June 30, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1041368/000093905723000204/0000939057-23-000204-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.