earnings
confidence high
sentiment positive
materiality 0.70
Riverview Bancorp Q1 net income $1.7M vs loss $8.0M prior quarter; NIM 3.34%
RIVERVIEW BANCORP INC
- Net income $1.7M ($0.08 diluted EPS) vs loss $8.0M prior qtr and $1.2M year ago.
- Net interest margin expanded to 3.34% from 2.78% a year ago; net interest income $11.4M vs $9.8M.
- Non-performing assets rose to 0.59% of total assets from 0.01% a year ago; no provision for credit losses recorded.
- Tangible book value per share $5.86; paid $0.02 dividend on July 21, 2026.
- Stock repurchased 438,865 shares for $2.4M at avg $5.51; $1.6M remaining under program.