Riverview Bancorp (NASDAQ:RVSB – Get Free Report) is expected to be releasing its Q1 2026 earnings data before the market opens on Thursday, July 24th. Analysts expect Riverview Bancorp to post earnings of $0.05 per share and revenue of $13.30 million for the quarter.
Riverview Bancorp (NASDAQ:RVSB – Get Free Report) last announced its earnings results on Tuesday, April 29th. The savings and loans company reported $0.05 EPS for the quarter, topping the consensus estimate of $0.03 by $0.02. Riverview Bancorp had a return on equity of 3.09% and a net margin of 6.70%. The firm had revenue of $12.90 million for the quarter, compared to analysts’ expectations of $12.40 million. On average, analysts expect Riverview Bancorp to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Riverview Bancorp Price Performance
Shares of NASDAQ:RVSB opened at $5.47 on Thursday. Riverview Bancorp has a 12 month low of $4.20 and a 12 month high of $6.59. The stock has a market cap of $114.76 million, a price-to-earnings ratio of 23.78 and a beta of 0.45. The stock’s 50 day moving average price is $5.67 and its 200 day moving average price is $5.62. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.87 and a quick ratio of 0.87.
Riverview Bancorp Announces Dividend
Riverview Bancorp declared that its board has initiated a stock buyback plan on Tuesday, April 29th that authorizes the company to repurchase $2.00 million in outstanding shares. This repurchase authorization authorizes the savings and loans company to reacquire up to 1.6% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company’s board believes its shares are undervalued.
Wall Street Analysts Forecast Growth
Separately, Raymond James Financial reaffirmed an “outperform” rating and issued a $7.00 price target (up previously from $6.25) on shares of Riverview Bancorp in a report on Friday, May 2nd.
Check Out Our Latest Stock Analysis on RVSB
Hedge Funds Weigh In On Riverview Bancorp
A hedge fund recently raised its stake in Riverview Bancorp stock. Jane Street Group LLC boosted its holdings in shares of Riverview Bancorp Inc (NASDAQ:RVSB – Free Report) by 204.1% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 46,318 shares of the savings and loans company’s stock after buying an additional 31,085 shares during the quarter. Jane Street Group LLC owned about 0.22% of Riverview Bancorp worth $262,000 at the end of the most recent quarter. 69.60% of the stock is currently owned by institutional investors.
About Riverview Bancorp
Riverview Bancorp, Inc operates as a bank holding company for Riverview Bank that provides commercial banking services to small and medium size businesses, professionals, and wealth building individuals. It offers a range of deposit products, including demand deposits, negotiable order of withdrawal accounts, money market accounts, savings accounts, certificates of deposit, and retirement savings plans.
Further Reading
- Five stocks we like better than Riverview Bancorp
- What Are Dividend Contenders? Investing in Dividend Contenders
- 3 Stocks to Cushion Your Portfolio This Earnings Season
- Why Invest in High-Yield Dividend Stocks?
- This Fund Manager Says You Should Get Out of Tesla and Apple—Now
- Stock Market Sectors: What Are They and How Many Are There?
- JNJ’s Stock Price Is Back in Rally Mode—The Time to Buy Is Now
Receive News & Ratings for Riverview Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Riverview Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.