RIVERVIEW BANCORP INC (RVSB) Form 8-K — Jul 29, 2026
Riverview Bancorp reported net income of $1.7 million, or $0.08 per diluted share, for the fiscal first quarter ended June 30, 2026, recovering from an $8.0 million net loss in the prior quarter. The company's turnaround was driven by a 56 basis point year-over-year increase in net interest margin to 3.34%, supported by a strategic balance sheet optimization that sold lower-yielding securities to reposition into higher-yielding assets. The company maintained shareholder returns through capital deployment, paying a $0.02 per share cash dividend and repurchasing 438,865 shares for approximately $2.4 million under a $4.0 million authorization program.
Key figures
- Eps
- $0.08
- Net Income
- $1.7 million
- Total Assets
- $1.47 billion
- Cash Position
- $102.2 million
- Shares Outstanding
- 20160613
- Dividend Per Share
- $0.02
- Npa To Total Assets
- 0.59%
- Net Interest Income
- $11.4 million
- Net Interest Margin
- 3.34%
- Share Repurchases To Date
- $2.4 million
- Tangible Book Value Per Share
- $5.86
- Share Repurchase Program Amount
- $4.0 million
Price after filing
Close on the filing date to close N calendar days later (from $5.32). Historical, not a forecast.
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.