View Past PerformanceRiverview Bancorp バランスシートの健全性財務の健全性 基準チェック /66Riverview Bancorpの総資産は$1.5B 、総資本は$145.6Mです。預金総額は$1.3B 、ローン総額は$1.1Bです。純金利マージンは2.9% 。不良債権に対する十分な引当金があり、現在、総融資額の0.7%ます。現金および短期投資は$116.9Mです。主要情報10.1x自己資本比率2.9%純金利マージン預金総額US$1.25b預貸率適切不良債権0.7%貸倒引当金十分流動比率低い現金および同等物US$116.87m財務の健全性に関する最新情報更新なしすべての更新を表示Recent updatesReported Earnings • Apr 29Full year 2026 earnings: EPS and revenues miss analyst expectationsFull year 2026 results: US$0.21 loss per share (down from US$0.23 profit in FY 2025). Revenue: US$41.8m (down 17% from FY 2025). Net loss: US$4.34m (down 189% from profit in FY 2025). Revenue missed analyst estimates by 21%. Earnings per share (EPS) also missed analyst estimates by 5.0%. Revenue is forecast to grow 22% p.a. on average during the next 2 years, compared to a 8.6% growth forecast for the Banks industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance.Declared Dividend • Apr 04Third quarter dividend of US$0.02 announcedDividend of US$0.02 is the same as last year. Ex-date: 13th April 2026 Payment date: 24th April 2026 Dividend yield will be 1.5%, which is lower than the industry average of 3.2%. Sustainability & Growth Dividend is well covered by earnings (35% payout ratio) and is expected to be well covered in 3 years' time (21% forecast payout ratio). The dividend has increased by an average of 4.8% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 154% over the next 2 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Apr 02Riverview Bancorp, Inc. and Riverview Bank Announces Board Appointments, Effective April 2, 2026Riverview Bancorp, Inc. announced the appointment of Kourosh Zamani and Jon Girod to its Board of Directors for Riverview Bank and Riverview Bancorp, Inc., effective immediately on April 2, 2026. Kourosh Zamani is co-founder of Laurel, a venture-backed technology company that pioneered the use of AI for time capture and analysis in professional services. Laurel serves leading law, accounting, and consulting firms globally and has raised over $150 million in funding. Prior to Laurel, Zamani served as Vice President of Business Development at Bailard, Inc., an investment management firm based in the San Francisco Bay Area, where he focused on client relationships and strategic growth initiatives. Zamani graduated from the University of California, Berkeley with a Bachelor of Science, Business Administration and holds a Master of Business Administration from the University of California, Berkeley, Haas School of Business. Jon Girod is the owner, builder and developer of Quail Homes and related companies in Vancouver, WA. Since 1989, he has built over 3,000 homes and developed more than 2,000 lots, with a primary focus on housing for empty nesters and multi-generational lifestyles. A past President of the Building Industry Association, Girod holds an accounting degree from Linfield University. He also is the founder of Careers in Construction NW, a nonprofit that embeds Skilled Trade Centers on high school campuses, offering industry-relevant curriculum and networking opportunities to help students enter or advance in the skilled trades upon graduation.お知らせ • Apr 01Riverview Bancorp, Inc. Declares Quarterly Cash Dividend, Payable on April 24, 2026Riverview Bancorp, Inc. announced that on March 26, 2026, its Board of Directors approved a quarterly cash dividend of $0.02 per share which remained unchanged compared to the preceding quarter. The dividend is payable on April 24, 2026, to shareholders of record as of April 13, 2026.Major Estimate Revision • Mar 27Consensus EPS estimates fall from profit to US$0.20 lossThe consensus outlook for fiscal year 2026 has been updated. Forecast loss of -US$0.20 per share in 2026, versus previous forecasts of US$0.23 per share. Revenue forecast unchanged from US$54.8m at last update. Banks industry in the US expected to see average net income growth of 15% next year. Consensus price target of US$7.00 unchanged from last update. Share price rose 7.0% to US$5.52 over the past week.お知らせ • Jan 29Riverview Bancorp, Inc. (NasdaqGS:RVSB) announces an Equity Buyback for $4 million worth of its shares.Riverview Bancorp, Inc. (NasdaqGS:RVSB) announces a share repurchase program. Under the program, the company will repurchase up to $4 million worth of its outstanding shares. The program will continue until the earlier of the completion of the repurchase or 12 months after the effective date.Reported Earnings • Jan 28Third quarter 2026 earnings: EPS and revenues exceed analyst expectationsThird quarter 2026 results: EPS: US$0.066 (up from US$0.059 in 3Q 2025). Revenue: US$13.9m (up 9.6% from 3Q 2025). Net income: US$1.38m (up 12% from 3Q 2025). Profit margin: 9.9% (in line with 3Q 2025). Revenue exceeded analyst estimates by 2.5%. Earnings per share (EPS) also surpassed analyst estimates by 75%. Revenue is forecast to grow 9.8% p.a. on average during the next 2 years, compared to a 8.9% growth forecast for the Banks industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 55 percentage points per year, which is a significant difference in performance.お知らせ • Jan 28Riverview Bancorp, Inc. Reports Net Loan Charge-Offs for the Third Quarter Ended December 31, 2025Riverview Bancorp, Inc. reported net loan charge-offs for the third quarter ended December 31, 2025. For the period, the company reports Net loan charge-offs of $246,000 against $114,000 a year ago.分析記事 • Dec 27Riverview Bancorp (NASDAQ:RVSB) Has Affirmed Its Dividend Of $0.02Riverview Bancorp, Inc. ( NASDAQ:RVSB ) will pay a dividend of $0.02 on the 16th of January. This payment means the...Declared Dividend • Dec 26Second quarter dividend of US$0.02 announcedDividend of US$0.02 is the same as last year. Ex-date: 5th January 2026 Payment date: 16th January 2026 Dividend yield will be 1.6%, which is lower than the industry average of 3.2%. Sustainability & Growth The dividend has increased by an average of 5.9% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 38% over the next year, which should provide support to the dividend and adequate earnings cover.お知らせ • Dec 25Riverview Bancorp, Inc. announces Quarterly dividend, payable on January 16, 2026Riverview Bancorp, Inc. announced Quarterly dividend of USD 0.0200 per share payable on January 16, 2026, ex-date on January 05, 2026 and record date on January 05, 2026.Major Estimate Revision • Nov 04Consensus EPS estimates fall by 16%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from US$54.9m to US$54.3m. EPS estimate also fell from US$0.25 per share to US$0.21 per share. Net income forecast to grow 27% next year vs 18% growth forecast for Banks industry in the US. Consensus price target of US$7.00 unchanged from last update. Share price rose 4.5% to US$5.30 over the past week.分析記事 • Oct 31Earnings Miss: Riverview Bancorp, Inc. Missed EPS By 17% And Analysts Are Revising Their ForecastsAs you might know, Riverview Bancorp, Inc. ( NASDAQ:RVSB ) recently reported its quarterly numbers. Revenues were in...お知らせ • Oct 30Riverview Bancorp, Inc. Reports Net Loan Charge-Offs for the Quarter Ended September 30, 2025Riverview Bancorp, Inc. reported net loan charge-offs for the quarter ended September 30, 2025. For the period, Company reports Net loan charge-offs (recoveries) in the quarter $1,000 compared to $2,000 a year ago.Declared Dividend • Oct 02First quarter dividend of US$0.02 announcedDividend of US$0.02 is the same as last year. Ex-date: 9th October 2025 Payment date: 20th October 2025 Dividend yield will be 1.5%, which is lower than the industry average of 3.2%. Sustainability & Growth The dividend has increased by an average of 5.9% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 34% over the next year, which should provide support to the dividend and adequate earnings cover.Board Change • Sep 30Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 3 highly experienced directors. Independent Director Larry Hoff was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.お知らせ • Sep 30Riverview Bancorp Declares Quarterly Cash Dividend, Payable on October 20, 2025Riverview Bancorp, Inc. announced that on September 25, 2025, its Board of Directors approved a quarterly cash dividend of $0.02 per share which remained unchanged compared to the preceding quarter. The dividend is payable on October 20, 2025, to shareholders of record as of October 9, 2025.お知らせ • Aug 27Riverview Bancorp, Inc. Announces Executive ChangesRiverview Bancorp, Inc. announced that Graham Clancy has joined Riverview as Senior Vice President and Director of Finance, and Phung Le has been promoted to Senior Vice President and Controller following the upcoming retirement of Wendy Beck. Mr. Clancy and Ms. Le will report directly to Chief Financial Officer David Lam and collaborate to provide a first-in-class accounting and finance team. Mr. Clancy has more than 14 years of experience in finance, accounting, budgeting, forecasting and asset and liability management in the banking industry. He joins Riverview from Heritage Bank where he was Vice President, Senior Finance Officer, and responsible for finance and accounting reporting. Prior to that he spent over a decade at Umpqua Bank where he most recently was Vice President, Strategy Activation Manager, and was responsible for frontline strategy and support. Mr. Clancy holds a B.S. in Business Administration from the University of Oregon, Lundquist College of Business and is a graduate of the Pacific Coast Banking School at the University of Washington, Foster School of Business. Ms. Le has been named as Riverview’s next Controller, following the upcoming retirement of Wendy Beck. Ms. Le has over 10 years of experience in accounting with financial institutions. Ms. Le joined Riverview in 2019, where she most recently held the title of Vice President and Assistant Controller and was responsible for daily accounting operations, ensuring compliance with GAAP, banking regulations, and internal policies. Prior to joining Riverview Bank, Ms. Le spent 3 years in public accounting where she was a senior assurance team member focused on financial institutions where she developed a deep understanding of financial reporting, internal controls, and industry specific regulations. She holds a B.A. in Business Administration and Accounting from Washington State University.Reported Earnings • Jul 30First quarter 2026 earnings: EPS exceeds analyst expectationsFirst quarter 2026 results: EPS: US$0.058 (up from US$0.046 in 1Q 2025). Revenue: US$13.3m (up 8.9% from 1Q 2025). Net income: US$1.23m (up 27% from 1Q 2025). Profit margin: 9.2% (up from 7.9% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 20%. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 7.6% growth forecast for the Banks industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 59 percentage points per year, which is a significant difference in performance.New Risk • Jul 24New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 1.5% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.お知らせ • Jul 21Riverview Bancorp, Inc., Annual General Meeting, Aug 28, 2025Riverview Bancorp, Inc., Annual General Meeting, Aug 28, 2025.分析記事 • Jun 30Riverview Bancorp (NASDAQ:RVSB) Has Affirmed Its Dividend Of $0.02Riverview Bancorp, Inc. ( NASDAQ:RVSB ) will pay a dividend of $0.02 on the 22nd of July. This means the annual payment...Declared Dividend • Jun 30Fourth quarter dividend of US$0.02 announcedDividend of US$0.02 is the same as last year. Ex-date: 10th July 2025 Payment date: 22nd July 2025 Dividend yield will be 1.5%, which is lower than the industry average of 3.2%. Sustainability & Growth Dividend is well covered by earnings (34% payout ratio) and is expected to be well covered in 3 years' time (19% forecast payout ratio). The dividend has increased by an average of 5.9% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 73% over the next 2 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Jun 28Riverview Bancorp Declares Quarterly Cash Dividend, Payable on July 22, 2025Riverview Bancorp, Inc. announced that on June 26, 2025, its Board of Directors approved a quarterly cash dividend of $0.02 per share which remained unchanged compared to the preceding quarter. The dividend is payable on July 22, 2025, to shareholders of record as of July 10, 2025.Reported Earnings • Jun 15Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: US$0.23 (up from US$0.18 in FY 2024). Revenue: US$50.2m (up 4.0% from FY 2024). Net income: US$4.90m (up 29% from FY 2024). Profit margin: 9.8% (up from 7.9% in FY 2024). The increase in margin was driven by higher revenue. Net interest margin (NIM): 2.54% (down from 2.56% in FY 2024). Cost-to-income ratio: 87.5% (down from 90.5% in FY 2024). Non-performing loans: 0.01% (down from 0.02% in FY 2024). Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) also surpassed analyst estimates by 15%. Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 7.2% growth forecast for the Banks industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 62 percentage points per year, which is a significant difference in performance.Seeking Alpha • May 11Riverview Bancorp Has Little Room Left To RunSummary Regional banks may offer meaningful value despite recent underperformance, but Riverview Bancorp is rated as a hold due to limited upside potential. RVSB's financial metrics have deteriorated, with a significant drop in net income and efficiency ratio, despite a recent stock price increase. Riverview has a remarkably low ratio for non-performing assets, but the bank has a high exposure to mortgage loans. Its concentrated geographical footprint poses additional risks. The company's stock price is close to its book value, providing some downside protection, but overall returns are expected to align with the market. Read the full article on Seeking AlphaReported Earnings • May 02Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: US$0.23 (up from US$0.18 in FY 2024). Revenue: US$50.5m (up 4.5% from FY 2024). Net income: US$4.90m (up 29% from FY 2024). Profit margin: 9.7% (up from 7.9% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) also surpassed analyst estimates by 15%. Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 7.1% growth forecast for the Banks industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance.New Risk • May 01New major risk - Revenue and earnings growthEarnings have declined by 17% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 17% per year over the past 5 years. Minor Risk Profit margins are more than 30% lower than last year (1.7% net profit margin).Declared Dividend • Apr 04Third quarter dividend of US$0.02 announcedShareholders will receive a dividend of US$0.02. Ex-date: 14th April 2025 Payment date: 25th April 2025 Dividend yield will be 1.4%, which is lower than the industry average of 3.2%. Sustainability & Growth Dividend is not covered by earnings (322% earnings payout ratio). However, the dividend is expected to be well covered in 3 years' time (22% forecast payout ratio). The dividend has increased by an average of 5.9% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 257% to bring the payout ratio under control. EPS is expected to grow by 161% over the next 2 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.お知らせ • Apr 03Riverview Bancorp, Inc. Declares Quarterly Cash Dividend, Payable on April 25, 2025Riverview Bancorp, Inc. announced that on March 27, 2025, its Board of Directors approved a quarterly cash dividend of $0.02 per share which remained unchanged compared to the preceding quarter. The dividend is payable on April 25, 2025, to shareholders of record as of April 14, 2025.Price Target Changed • Feb 04Price target increased by 19% to US$6.25Up from US$5.25, the current price target is provided by 1 analyst. New target price is 11% above last closing price of US$5.62. Stock is up 13% over the past year. The company is forecast to post earnings per share of US$0.20 for next year compared to US$0.18 last year.Reported Earnings • Feb 01Third quarter 2025 earnings: EPS and revenues exceed analyst expectationsThird quarter 2025 results: EPS: US$0.059 (down from US$0.069 in 3Q 2024). Revenue: US$12.7m (up 2.8% from 3Q 2024). Net income: US$1.23m (down 15% from 3Q 2024). Profit margin: 9.7% (down from 12% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.0%. Earnings per share (EPS) also surpassed analyst estimates by 50%. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 7.4% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.Declared Dividend • Dec 26Second quarter dividend of US$0.02 announcedShareholders will receive a dividend of US$0.02. Ex-date: 2nd January 2025 Payment date: 14th January 2025 Dividend yield will be 2.1%, which is lower than the industry average of 3.2%. Sustainability & Growth The dividend has increased by an average of 5.9% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 273% to bring the payout ratio under control. EPS is expected to grow by 87% over the next year, which means the dividend may need to be reduced to reach a sustainable payout ratio.お知らせ • Dec 24Riverview Bancorp Declares Quarterly Cash Dividend, Payable on January 2, 2025Riverview Bancorp, Inc. announced that on December 17, 2024, its Board of Directors approved a quarterly cash dividend of $0.02 per share which remained unchanged compared to the preceding quarter. The dividend is payable on January 2, 2025, to shareholders of record as of January 14, 2025.Major Estimate Revision • Nov 01Consensus EPS estimates increase by 18%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from US$0.17 to US$0.20. Revenue forecast steady at US$49.6m. Net income forecast to grow 432% next year vs 12% growth forecast for Banks industry in the US. Consensus price target of US$5.25 unchanged from last update. Share price was steady at US$4.74 over the past week.Reported Earnings • Oct 25Second quarter 2025 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2025 results: EPS: US$0.074 (down from US$0.12 in 2Q 2024). Revenue: US$12.7m (down 4.3% from 2Q 2024). Net income: US$1.56m (down 37% from 2Q 2024). Profit margin: 12% (down from 19% in 2Q 2024). The decrease in margin was primarily driven by lower revenue. Revenue exceeded analyst estimates by 2.5%. Earnings per share (EPS) also surpassed analyst estimates by 75%. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 6.6% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.Declared Dividend • Sep 30First quarter dividend of US$0.02 announcedShareholders will receive a dividend of US$0.02. Ex-date: 7th October 2024 Payment date: 18th October 2024 Dividend yield will be 3.4%, which is higher than the industry average of 3.2%. Sustainability & Growth The dividend has increased by an average of 6.6% per year over the past 9 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 144% to bring the payout ratio under control. EPS is expected to grow by 74% over the next year, which means the dividend may need to be reduced to reach a sustainable payout ratio.お知らせ • Sep 27+ 1 more updateRiverview Bancorp, Inc. (NasdaqGS:RVSB) announces an Equity Buyback for $2 million worth of its shares.Riverview Bancorp, Inc. (NasdaqGS:RVSB) announces a share repurchase program. Under the program, the company will repurchase up to $2 million worth of its outstanding shares. The program will continue until the earlier of the completion of the repurchase or 12 months after the effective date.Major Estimate Revision • Aug 01Consensus EPS estimates fall by 32%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from US$51.0m to US$49.5m. EPS estimate also fell from US$0.25 per share to US$0.17 per share. Net income forecast to grow 137% next year vs 8.5% growth forecast for Banks industry in the US. Consensus price target of US$5.25 unchanged from last update. Share price rose 5.0% to US$4.62 over the past week.Reported Earnings • Jul 28First quarter 2025 earnings: EPS misses analyst expectationsFirst quarter 2025 results: EPS: US$0.046 (down from US$0.14 in 1Q 2024). Revenue: US$12.2m (down 11% from 1Q 2024). Net income: US$966.0k (down 66% from 1Q 2024). Profit margin: 7.9% (down from 21% in 1Q 2024). The decrease in margin was primarily driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 17%. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 6.3% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.お知らせ • Jul 22Riverview Bancorp, Inc., Annual General Meeting, Aug 28, 2024Riverview Bancorp, Inc., Annual General Meeting, Aug 28, 2024.Valuation Update With 7 Day Price Move • Jul 17Investor sentiment improves as stock rises 17%After last week's 17% share price gain to US$4.43, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 12x in the Banks industry in the US. Total loss to shareholders of 30% over the past three years.分析記事 • Jul 01Riverview Bancorp (NASDAQ:RVSB) Has Announced That Its Dividend Will Be Reduced To $0.02Riverview Bancorp, Inc.'s ( NASDAQ:RVSB ) dividend is being reduced by 67% to $0.02 per share on 22nd of July, in...Declared Dividend • Jul 01Fourth quarter dividend reduced to US$0.02Dividend of US$0.02 is 67% lower than last year. Ex-date: 10th July 2024 Payment date: 22nd July 2024 Dividend yield will be 5.0%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is not covered by earnings (134% earnings payout ratio). However, the dividend is expected to be covered in 3 years' time (53% forecast payout ratio). The dividend has increased by an average of 20% per year over the past 9 years and payments have been stable during that time. The company's earnings per share (EPS) would need to grow by 48% to bring the payout ratio under control. EPS is expected to grow by 113% over the next 2 years, which is sufficient to bring the dividend into a sustainable range.お知らせ • Jun 28Riverview Bancorp, Inc. Declares Quarterly Cash Dividend, Payable on July 22, 2024Riverview Bancorp, Inc. announced that on June 26, 2024, its Board of Directors approved a quarterly cash dividend of $0.02 per share, which is a $0.04 decrease compared to the preceding quarter. The dividend is payable on July 22, 2024, to shareholders of record as of July 10, 2024.お知らせ • Jun 22+ 1 more updateRiverview Bancorp, Inc. and Riverview Bank Announce Chief Executive Officer Changes, Effective July 1, 2024Riverview Bancorp, Inc. announced that Nicole Sherman has been named Chief Executive Officer of Riverview Bancorp and Riverview Bank, effective July 01, 2024. Ms. Sherman is well-known as a catalyst for financial innovation and regarded as a brilliant change agent and unwavering positive force in the industry. She is a leader builder throughout organizations and does so by her actions, work ethic, high standards and dedicated coaching and mentoring of others. As a visionary and an architect of momentum, Ms. Sherman leverages past accomplishments to fuel future innovation. Her live on purpose, lead with intention philosophy and dedication inspires others to see their greatness and bring that level of engagement every single day. This past March, Ms. Sherman served as the Greater Chamber of Commerce’s keynote speaker at the Inspire Her Conference. Ms. Sherman brings over 25 years of experience at the Chief, Executive and Senior VP levels with organizations such as Columbia Bank, Utah First, Numerica Credit Union, AmericanWest Bank, and Zions Bank. Her expertise ranges from Retail and Digital Banking, Commercial and Business Banking to Wealth Management including Private Banking and Financial Services, as well as Corporate Marketing and Communications, DEIBA and Community Impact and Philanthropy. Additionally, Ms. Sherman has led through 10 successful mergers and acquisitions throughout her career. Known for her paramount presentation style, she is a Keynote and Transformational Speaker. Since 2003, Ms. Sherman has been a top-rated faculty member at Pacific Coast Banking School (PCBS) at the University of Washington, Foster School of Business and was named 2023 Instructor of the Year. Over the past nine months, Dan Cox has served as the bank’s acting CEO/President. Dan will now focus full-time on his role as EVP, Chief Operating Officer. Riverview’s CEO selection committee engaged J. Scott Petty, Managing Partner of Chartwell Partner’s Financial Services Practice to conduct an extensive national search.Reported Earnings • Jun 20Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: US$0.18 (down from US$0.83 in FY 2023). Revenue: US$48.3m (down 23% from FY 2023). Net income: US$3.80m (down 79% from FY 2023). Profit margin: 7.9% (down from 29% in FY 2023). The decrease in margin was driven by lower revenue. Net interest margin (NIM): 2.56% (down from 3.26% in FY 2023). Cost-to-income ratio: 90.5% (up from 61.7% in FY 2023). Non-performing loans: 0.02% (down from 0.18% in FY 2023). Revenue missed analyst estimates by 5.8%. Earnings per share (EPS) also missed analyst estimates by 49%. Revenue is forecast to grow 8.6% p.a. on average during the next 2 years, compared to a 5.9% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 17% per year.Major Estimate Revision • May 02Consensus EPS estimates increase by 39%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from US$48.9m to US$50.9m. EPS estimate increased from US$0.18 to US$0.25 per share. Net income forecast to grow 40% next year vs 1.5% growth forecast for Banks industry in the US. Consensus price target down from US$6.00 to US$5.25. Share price fell 11% to US$3.94 over the past week.Reported Earnings • Apr 27Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: US$0.18 (down from US$0.83 in FY 2023). Revenue: US$48.3m (down 23% from FY 2023). Net income: US$3.80m (down 79% from FY 2023). Profit margin: 7.9% (down from 29% in FY 2023). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 5.8%. Earnings per share (EPS) also missed analyst estimates by 49%. Revenue is forecast to grow 5.6% p.a. on average during the next 2 years, compared to a 6.0% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 14% per year.分析記事 • Apr 04Riverview Bancorp (NASDAQ:RVSB) Has Affirmed Its Dividend Of $0.06Riverview Bancorp, Inc.'s ( NASDAQ:RVSB ) investors are due to receive a payment of $0.06 per share on 22nd of April...Declared Dividend • Apr 03Third quarter dividend of US$0.06 announcedDividend of US$0.06 is the same as last year. Ex-date: 10th April 2024 Payment date: 22nd April 2024 Dividend yield will be 5.3%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is covered by earnings (52% payout ratio) and is expected to be covered in 3 years' time (76% forecast payout ratio). The dividend has increased by an average of 20% per year over the past 9 years and payments have been stable during that time. EPS is expected to decline by 25% over the next 2 years. However, it would need to fall by 42% to increase the payout ratio to a potentially unsustainable range.お知らせ • Apr 02Riverview Bancorp, Inc. Declares Quarterly Cash Dividend, Payable on April 22, 2024Riverview Bancorp, Inc. announced that on March 27, 2024, its Board of Directors approved a quarterly cash dividend to $0.06 per share, which remained unchanged compared to the preceding quarter. The dividend will be payable April 22, 2024, to shareholders of record on April 11, 2024. Based on the current share price, the annualized dividend yield is 5.08%.Recent Insider Transactions • Feb 29Key Executive recently bought US$107k worth of stockOn the 23rd of February, Gerald Nies bought around 22k shares on-market at roughly US$4.85 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Gerald's only on-market trade for the last 12 months.New Risk • Feb 22New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: US$98.4m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 12% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (18% net profit margin). Market cap is less than US$100m (US$98.4m market cap).Major Estimate Revision • Feb 01Consensus EPS estimates fall by 17%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from US$53.0m to US$51.3m. EPS estimate also fell from US$0.42 per share to US$0.35 per share. Net income forecast to shrink 51% next year vs 3.6% decline forecast for Banks industry in the US. Consensus price target of US$6.00 unchanged from last update. Share price fell 5.3% to US$5.49 over the past week.Reported Earnings • Jan 26Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: EPS: US$0.069 (down from US$0.24 in 3Q 2023). Revenue: US$12.4m (down 26% from 3Q 2023). Net income: US$1.45m (down 72% from 3Q 2023). Profit margin: 12% (down from 31% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 5.5%. Earnings per share (EPS) also missed analyst estimates by 30%. Revenue is forecast to stay flat during the next 2 years compared to a 5.5% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 4% per year.お知らせ • Dec 27Riverview Bancorp, Inc. Declares Quarterly Cash Dividend, Payable on January 16, 2024Riverview Bancorp, Inc. announced that on December 20, 2023, its Board of Directors approved a quarterly cash dividend to $0.06 per share, which remained unchanged compared to the preceding quarter. The dividend will be payable on January 16, 2024, to shareholders of record on January 5, 2024. Based on the current share price, the annualized dividend yield is 3.84%.Reported Earnings • Oct 29Second quarter 2024 earnings: EPS in line with expectations, revenues disappointSecond quarter 2024 results: EPS: US$0.12 (down from US$0.24 in 2Q 2023). Revenue: US$13.3m (down 20% from 2Q 2023). Net income: US$2.47m (down 52% from 2Q 2023). Profit margin: 19% (down from 31% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 2.4% p.a. on average during the next 2 years, while revenues in the Banks industry in the US are expected to grow by 4.3%. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.お知らせ • Oct 05Riverview Bancorp Declares Quarterly Cash Dividend, Payable October 23, 2023Riverview Bancorp, Inc. announced that on September 27, 2023, its Board of Directors approved a quarterly cash dividend to $0.06 per share, which remained unchanged compared to the preceding quarter. The dividend will be payable October 23, 2023, to shareholders of record on October 12, 2023. Based on the current share price, the annualized dividend yield is 4.32%.Recent Insider Transactions • Sep 09Independent Director recently bought US$60k worth of stockOn the 6th of September, Valerie Moreno bought around 10k shares on-market at roughly US$5.89 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought US$186k more in shares than they have sold in the last 12 months.お知らせ • Aug 23Riverview Bancorp, Inc. Announces Management ChangesRiverview Bancorp, Inc. announced that, as part of its multi-step leadership succession planning process, has promoted a number of senior managers at Riverview Bank (the “Bank” and collectively “Riverview”) and Bancorp. Daniel Cox has been promoted to Chief Operating Officer of the Bank and Bancorp by the Board of Directors, effective immediately. Mr. Cox will also continue to serve as Acting President and Chief Executive Officer. Mr. Cox has been a member of the executive management team since 2014 in the role of Chief Credit Officer. In his new role, he will be responsible for the daily operations and management of the Bank. Mr. Cox joined Riverview in August 2002, most recently serving as Executive Vice President and Chief Credit Officer of the Bank where he was responsible for the Bank’s commercial credit and collection policies procedures and processes. He graduated Summa Cum Laude from Washington State University – Vancouver with a Bachelor of Arts in Business Administration with a major emphasis in Finance. He is an Honor Roll alum of the Pacific Coast Banking School. Mr. Cox is an active mentor in the local schools and was the Past Treasurer and Endowment Chair for the Washougal Schools Foundation and Past Board Member of Camas-Washougal Chamber of Commerce. Robert Benke has been promoted to Executive Vice President and Chief Credit Officer, and will oversee all commercial credit and collection policies, procedures and processes of the Bank. He most recently served as Senior Credit Administrator, a position he has held since March 2016. Mr. Benke joined Riverview in July 2004 and spent five years as a commercial lender and progressed through the credit administration function starting in 2012 most recently serving as Senior Vice President of Credit Administration. He is responsible for credit administration related to the Bank’s commercial and consumer loan activities. He holds a Master’s in Business Administration from Washington State University, a Bachelor of Arts in Physics from Whitman College, and is a 2015 graduate of the Pacific Coast Banking School. Mr. Benke is an active board member of the Washington State University – Vancouver MAP Program. Michael Sventek joins Riverview as Executive Vice President and Chief Lending Officer of the Bank. Mr. Sventek has over 32 years of experience in community banking, having most recently served as Commercial Banking Market Director for Umpqua Bank. Prior to that, he served as Commercial Banking President for BBVA USA. Throughout his career, Mr. Sventek served as a highly visible finance leader for community banks and brings a vast amount of experience in commercial banking and lending. Mr. Sventek graduated with a Bachelor of Science in Computer Science Engineering from Northern Arizona University and is a graduate of the Pacific Coast Banking School. Michael Sventek replaces Steven Plambeck, who will be retiring September 1, 2023. Steven joined Riverview in 2011 and has held the positions of Executive Vice President and Chief Lending Officer of the Bank since March 2018.お知らせ • Aug 10+ 1 more updateRiverview Bancorp, Inc. and Riverview Bank Announce Executive ChangesRiverview Bancorp, Inc. is announcing that on August 4, 2023, the Board of Directors of Riverview Bank and Riverview Bancorp, Inc., voted to terminate, without cause, the employment of Kevin J. Lycklama. The termination of employment is effective September 6, 2023. Daniel Cox has been named Acting President. For the past 21 years, Daniel Cox has worked for Riverview Bank. His expertise is in finance and credit administration. He currently is Executive Vice President and Chief Credit Officer. He leads the Bank’s commercial credit and collection policies, procedures and processes. And, he works closely with investor relations. Cox graduated Summa Cum Laude from Washington State University – Vancouver with a Bachelor of Arts in Business Administration with a major emphasis in Finance. He is an Honor Roll alum of the Pacific Coast Banking School. Along with Daniel Cox, David Lam, Executive Vice President and Chief Financial Officer remains a critical member of the Senior Leadership team. He joined Riverview in 2008 as Controller and was promoted to his current position in 2017. Lam leads accounting, SEC reporting and treasury functions for the Bank and the Company. Prior to joining Riverview, he spent ten years working in the public accounting sector advancing to the level of audit manager. Lam holds a Bachelor of Arts degree in business administration with an emphasis in accounting from Oregon State University. Lam is a CPA, holds a chartered global management accountant designation and is a member of both the American Institute of CPAs and Oregon Society of CPAs.Reported Earnings • Jul 28First quarter 2024 earnings: EPS in line with expectations, revenues disappointFirst quarter 2024 results: EPS: US$0.14 (down from US$0.21 in 1Q 2023). Revenue: US$13.6m (down 14% from 1Q 2023). Net income: US$2.84m (down 39% from 1Q 2023). Profit margin: 21% (down from 30% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 2.2% p.a. on average during the next 2 years, while revenues in the Banks industry in the US are expected to grow by 4.4%. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.お知らせ • Jul 24Riverview Bancorp, Inc., Annual General Meeting, Aug 23, 2023Riverview Bancorp, Inc., Annual General Meeting, Aug 23, 2023, at 10:00 US Eastern Standard Time. Agenda: To consider the election of three directors to each serve for a three-year term; to consider the advisory (non-binding) vote to approve the compensation paid to named executive officers, as disclosed in this Proxy Statement; to consider advisory (non-binding) vote on the frequency of future votes to approve the compensation paid to named executive officers; and to transact such other business issues.分析記事 • Jul 04Riverview Bancorp (NASDAQ:RVSB) Is Paying Out A Dividend Of $0.06The board of Riverview Bancorp, Inc. ( NASDAQ:RVSB ) has announced that it will pay a dividend on the 24th of July...お知らせ • Jul 01Riverview Bancorp Declares Quarterly Cash Dividend, Payable July on 24, 2023Riverview Bancorp, Inc. announced that on June 28, 2023, its Board of Directors approved a quarterly cash dividend to $0.06 per share, which remained unchanged compared to the preceding quarter. The dividend will be payable July 24, 2023, to shareholders of record on July 11, 2023. Based on the current share price, the annualized dividend yield is 4.77%.Reported Earnings • Jun 19Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: US$0.83 (down from US$0.98 in FY 2022). Revenue: US$63.1m (down 3.7% from FY 2022). Net income: US$18.1m (down 17% from FY 2022). Profit margin: 29% (down from 33% in FY 2022). The decrease in margin was primarily driven by lower revenue. Net interest margin (NIM): 3.26% (up from 3.03% in FY 2022). Cost-to-income ratio: 61.7% (up from 60.8% in FY 2022). Non-performing loans: 0.18% (down from 2.23% in FY 2022). Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) also missed analyst estimates by 5.7%. Revenue is expected to decline by 4.0% p.a. on average during the next 2 years, while revenues in the Banks industry in the US are expected to grow by 5.3%. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • May 05Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to US$4.52, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 8x in the Banks industry in the US. Total returns to shareholders of 2.4% over the past three years.Major Estimate Revision • May 04Consensus EPS estimates fall by 29%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from US$61.6m to US$55.9m. EPS estimate also fell from US$0.68 per share to US$0.48 per share. Net income forecast to shrink 43% next year vs 5.7% decline forecast for Banks industry in the US. Consensus price target down from US$6.50 to US$6.00. Share price fell 12% to US$4.65 over the past week.Reported Earnings • Apr 29Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: US$0.83 (down from US$0.98 in FY 2022). Revenue: US$63.1m (down 3.7% from FY 2022). Net income: US$18.1m (down 17% from FY 2022). Profit margin: 29% (down from 33% in FY 2022). The decrease in margin was primarily driven by lower revenue. Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) also missed analyst estimates by 5.7%. Revenue is forecast to stay flat during the next 2 years compared to a 3.2% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Price Target Changed • Apr 11Price target decreased by 24% to US$6.50Down from US$8.50, the current price target is provided by 1 analyst. New target price is 18% above last closing price of US$5.53. Stock is down 23% over the past year. The company is forecast to post earnings per share of US$0.88 for next year compared to US$0.98 last year.分析記事 • Apr 05Riverview Bancorp (NASDAQ:RVSB) Is Paying Out A Dividend Of $0.06The board of Riverview Bancorp, Inc. ( NASDAQ:RVSB ) has announced that it will pay a dividend on the 20th of April...Valuation Update With 7 Day Price Move • Mar 13Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to US$5.45, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 9x in the Banks industry in the US. Total returns to shareholders of 31% over the past three years.Reported Earnings • Jan 28Third quarter 2023 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2023 results: EPS: US$0.24 (down from US$0.25 in 3Q 2022). Revenue: US$16.7m (up 1.3% from 3Q 2022). Net income: US$5.24m (down 4.9% from 3Q 2022). Profit margin: 31% (down from 34% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.4% p.a. on average during the next 2 years, compared to a 6.5% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Upcoming Dividend • Dec 27Upcoming dividend of US$0.06 per shareEligible shareholders must have bought the stock before 03 January 2023. Payment date: 16 January 2023. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of American dividend payers (4.5%). In line with average of industry peers (3.2%).お知らせ • Dec 23Riverview Bancorp, Inc. Announces Quarterly Cash Dividend, Payable on January 16, 2023Riverview Bancorp, Inc. announced that on December 21, 2022, its Board of Directors approved a quarterly cash dividend to $0.06 per share, which remained unchanged compared to the preceding quarter. The dividend will be payable January 16, 2023, to shareholders of record on January 4, 2023. Based on the current share price, the annualized dividend yield is 3.20%.お知らせ • Nov 18Riverview Bancorp, Inc. (NasdaqGS:RVSB) announces an Equity Buyback for $2.5 million worth of its shares.Riverview Bancorp, Inc. (NasdaqGS:RVSB) announces a share repurchase program. Under the program, the company will repurchase up to $2.5 million worth of its outstanding shares. The program will continue until the earlier of the completion of the repurchase or May 28, 2023.Recent Insider Transactions • Nov 10Insider recently bought US$61k worth of stockOn the 7th of November, Larry Hoff bought around 9k shares on-market at roughly US$6.96 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought US$109k more in shares than they have sold in the last 12 months.お知らせ • Oct 29Riverview Bancorp, Inc. Reports Net Loan Charge-Offs for the Second Quarter Ended September 30, 2022Riverview Bancorp, Inc. reported net loan charge-offs for the second quarter ended September 30, 2022. The company recorded net loan charge-offs (recoveries) of $7,000 during the second fiscal quarter. This compared to net loan recoveries of $36,000 for the preceding quarter and net loan recoveries of $10,000 in the second fiscal quarter a year ago.Reported Earnings • Oct 28Second quarter 2023 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2023 results: EPS: US$0.24 (down from US$0.29 in 2Q 2022). Revenue: US$16.6m (down 11% from 2Q 2022). Net income: US$5.19m (down 19% from 2Q 2022). Profit margin: 31% (down from 35% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 2.3%. Earnings per share (EPS) also surpassed analyst estimates by 9.1%. Revenue is forecast to grow 3.0% p.a. on average during the next 2 years, compared to a 6.3% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.分析記事 • Oct 07Riverview Bancorp's (NASDAQ:RVSB) Dividend Will Be $0.06The board of Riverview Bancorp, Inc. ( NASDAQ:RVSB ) has announced that it will pay a dividend on the 24th of October...お知らせ • Oct 06+ 1 more updateRiverview Bancorp, Inc. Appoints Larry Hoff to the Board of DirectorsRiverview Bancorp, Inc. announced the appointment of Larry Hoff, State of Washington Representative for Southwest Washington’s 18thLegislative District, to the Board of Directors of Riverview Bank and Riverview Bancorp, Inc.Mr. Hoff has served on the boards of Doernbecher Children’s Hospital Foundation, Clark County Department of Community Services and the Longview Noon Rotary. Mr. Hoff holds a Bachelor of Science degree from University of North Dakota in Accounting. Mr. Hoff brings to Riverview Bank experience in leadership, human relations (he currently is the ranking minority member of the House Labor and Workplace Standards Committee) and a career working in the financial industry.Seeking Alpha • Oct 03Riverview Bancorp declares $0.06 dividendRiverview Bancorp (NASDAQ:RVSB) declares $0.06/share quarterly dividend, in line with previous. Forward yield 3.69% Payable Oct. 24; for shareholders of record Oct. 13; ex-div Oct. 12. See RVSB Dividend Scorecard, Yield Chart, & Dividend Growth.お知らせ • Sep 08Riverview Bancorp, Inc. Announces Board ChangesOn August 31, 2022, Director John A. Karas announced that he was resigning from the Board of Riverview Bancorp, Inc., and its financial institution subsidiary, Riverview Community Bank (the “Bank”) effective August 31, 2022 Mr. Karas served as a Director of the Company and the Bank since 2017 and as a member of the Audit Committee. The Company has appointed Mr. Gerald L. Nies to serve as a member of the Audit Committee.お知らせ • Jul 16Riverview Bancorp, Inc., Annual General Meeting, Aug 24, 2022Riverview Bancorp, Inc., Annual General Meeting, Aug 24, 2022, at 10:00 US Eastern Standard Time. Agenda: To consider election of three directors to each serve for a three-year term; to advisory (non-binding) vote to approve the compensation paid to company named executive officers, as disclosed in this Proxy Statement.お知らせ • Jul 02Riverview Bancorp, Inc. Names Tracie Jellison as Chief Retail Banking OfficerRiverview Bancorp, Inc. has named Tracie Jellison as Chief Retail Banking Officer. Ms. Jellison joined the Bank nearly one year ago and has led its commercial team in the Oregon market. With her extensive experience on the retail side of the business, Tracie is happy to return to her roots. Tracie is not a stranger to banking. In fact, she has worked in banking for more than 30 years, starting her career in Boise, Idaho, as a customer service representative. After three years of working on the front line with clients, she transitioned to become a consumer loan officer. After working for six years in that role, she was promoted to a senior loan officer, managing a team of lenders and the Visa credit card department. From there, Tracie made the transition to business lending. For the past 10 years, Tracie has mastered commercial lending, most recently at Riverview Community Bank and prior to that she was at Columbia Credit Union.Upcoming Dividend • Jun 30Upcoming dividend of US$0.06 per shareEligible shareholders must have bought the stock before 07 July 2022. Payment date: 21 July 2022. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of American dividend payers (4.3%). Higher than average of industry peers (3.2%).分析記事 • Jun 28Riverview Bancorp (NASDAQ:RVSB) Has Announced That It Will Be Increasing Its Dividend To US$0.06Riverview Bancorp, Inc. ( NASDAQ:RVSB ) will increase its dividend on the 21st of July to US$0.06. This takes the...お知らせ • Jun 24Riverview Bancorp, Inc. Announces Quarterly Cash Dividend, Payable on July 21, 2022Riverview Bancorp, Inc. announced that on June 22, 2022, its Board of Directors approved an increase in its quarterly cash dividend to $0.06 per share. The dividend will be payable on July 21, 2022, to shareholders of record on July 8, 2022.Reported Earnings • Jun 16Full year 2022 earnings: EPS misses analyst expectationsFull year 2022 results: EPS: US$0.98 (up from US$0.47 in FY 2021). Revenue: US$64.5m (up 30% from FY 2021). Net income: US$21.8m (up 108% from FY 2021). Profit margin: 34% (up from 21% in FY 2021). The increase in margin was driven by higher revenue. Net interest margin (NIM): 3.03% (down from 3.41% in FY 2021). Cost-to-income ratio: 60.8% (down from 64.7% in FY 2021). Non-performing loans: 2.23% (up from 0.06% in FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.0%. Over the next year, revenue is expected to shrink by 1.7% compared to a 11% growth forecast for the banks industry in the US. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.Reported Earnings • Apr 29Full year 2022 earnings: EPS misses analyst expectationsFull year 2022 results: EPS: US$0.98 (up from US$0.47 in FY 2021). Revenue: US$65.0m (up 31% from FY 2021). Net income: US$21.8m (up 108% from FY 2021). Profit margin: 34% (up from 21% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.0%. Over the next year, revenue is expected to shrink by 6.1% compared to a 11% growth forecast for the banks industry in the US. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Price Target Changed • Apr 27Price target increased to US$8.50Up from US$7.50, the current price target is provided by 1 analyst. New target price is 21% above last closing price of US$7.05. Stock is up 1.0% over the past year. The company is forecast to post earnings per share of US$0.99 for next year compared to US$0.47 last year.お知らせ • Mar 30Riverview Bancorp Declares Quarterly Cash Dividend, Payable on April 21, 2022Riverview Bancorp, Inc. announced that its Board of Directors approved a quarterly cash dividend of $0.055 per share, which remained unchanged compared to the preceding quarter. The dividend will be payable April 21, 2022, to shareholders of record on April 11, 2022. Based on the current share price, the annualized dividend yield is 2.91%.Price Target Changed • Feb 03Price target increased to US$8.50Up from US$7.50, the current price target is provided by 1 analyst. New target price is 16% above last closing price of US$7.30. Stock is up 36% over the past year. The company is forecast to post earnings per share of US$0.99 for next year compared to US$0.47 last year.財務状況分析デット・ツー・エクイティの歴史と分析貸借対照表金融機関分析資産レベル: RVSBの 資産対自己資本比率 ( 10.1 x) は 中程度 です。不良債権引当金: RVSBには 十分な 不良債権引当金 ( 196 %) があります。低リスク負債: RVSBの負債の95%は主に 低リスク の資金源で構成されています。ローンレベル: RVSBは 適切な レベルの ローン対資産比率 ( 74% ) を持っています。低リスク預金: RVSBの 預金に対する貸出金の比率 ( 86% ) は 適切 です。不良債権レベル: RVSBには 適切な レベルの 不良債権 があります ( 0.7 %)。健全な企業の発掘7D1Y7D1Y7D1YBanks 業界の健全な企業。View Dividend企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/25 11:44終値2026/05/22 00:00収益2026/03/31年間収益2026/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Riverview Bancorp, Inc. 1 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。1 アナリスト機関David FeasterRaymond James & Associates
Reported Earnings • Apr 29Full year 2026 earnings: EPS and revenues miss analyst expectationsFull year 2026 results: US$0.21 loss per share (down from US$0.23 profit in FY 2025). Revenue: US$41.8m (down 17% from FY 2025). Net loss: US$4.34m (down 189% from profit in FY 2025). Revenue missed analyst estimates by 21%. Earnings per share (EPS) also missed analyst estimates by 5.0%. Revenue is forecast to grow 22% p.a. on average during the next 2 years, compared to a 8.6% growth forecast for the Banks industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance.
Declared Dividend • Apr 04Third quarter dividend of US$0.02 announcedDividend of US$0.02 is the same as last year. Ex-date: 13th April 2026 Payment date: 24th April 2026 Dividend yield will be 1.5%, which is lower than the industry average of 3.2%. Sustainability & Growth Dividend is well covered by earnings (35% payout ratio) and is expected to be well covered in 3 years' time (21% forecast payout ratio). The dividend has increased by an average of 4.8% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 154% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Apr 02Riverview Bancorp, Inc. and Riverview Bank Announces Board Appointments, Effective April 2, 2026Riverview Bancorp, Inc. announced the appointment of Kourosh Zamani and Jon Girod to its Board of Directors for Riverview Bank and Riverview Bancorp, Inc., effective immediately on April 2, 2026. Kourosh Zamani is co-founder of Laurel, a venture-backed technology company that pioneered the use of AI for time capture and analysis in professional services. Laurel serves leading law, accounting, and consulting firms globally and has raised over $150 million in funding. Prior to Laurel, Zamani served as Vice President of Business Development at Bailard, Inc., an investment management firm based in the San Francisco Bay Area, where he focused on client relationships and strategic growth initiatives. Zamani graduated from the University of California, Berkeley with a Bachelor of Science, Business Administration and holds a Master of Business Administration from the University of California, Berkeley, Haas School of Business. Jon Girod is the owner, builder and developer of Quail Homes and related companies in Vancouver, WA. Since 1989, he has built over 3,000 homes and developed more than 2,000 lots, with a primary focus on housing for empty nesters and multi-generational lifestyles. A past President of the Building Industry Association, Girod holds an accounting degree from Linfield University. He also is the founder of Careers in Construction NW, a nonprofit that embeds Skilled Trade Centers on high school campuses, offering industry-relevant curriculum and networking opportunities to help students enter or advance in the skilled trades upon graduation.
お知らせ • Apr 01Riverview Bancorp, Inc. Declares Quarterly Cash Dividend, Payable on April 24, 2026Riverview Bancorp, Inc. announced that on March 26, 2026, its Board of Directors approved a quarterly cash dividend of $0.02 per share which remained unchanged compared to the preceding quarter. The dividend is payable on April 24, 2026, to shareholders of record as of April 13, 2026.
Major Estimate Revision • Mar 27Consensus EPS estimates fall from profit to US$0.20 lossThe consensus outlook for fiscal year 2026 has been updated. Forecast loss of -US$0.20 per share in 2026, versus previous forecasts of US$0.23 per share. Revenue forecast unchanged from US$54.8m at last update. Banks industry in the US expected to see average net income growth of 15% next year. Consensus price target of US$7.00 unchanged from last update. Share price rose 7.0% to US$5.52 over the past week.
お知らせ • Jan 29Riverview Bancorp, Inc. (NasdaqGS:RVSB) announces an Equity Buyback for $4 million worth of its shares.Riverview Bancorp, Inc. (NasdaqGS:RVSB) announces a share repurchase program. Under the program, the company will repurchase up to $4 million worth of its outstanding shares. The program will continue until the earlier of the completion of the repurchase or 12 months after the effective date.
Reported Earnings • Jan 28Third quarter 2026 earnings: EPS and revenues exceed analyst expectationsThird quarter 2026 results: EPS: US$0.066 (up from US$0.059 in 3Q 2025). Revenue: US$13.9m (up 9.6% from 3Q 2025). Net income: US$1.38m (up 12% from 3Q 2025). Profit margin: 9.9% (in line with 3Q 2025). Revenue exceeded analyst estimates by 2.5%. Earnings per share (EPS) also surpassed analyst estimates by 75%. Revenue is forecast to grow 9.8% p.a. on average during the next 2 years, compared to a 8.9% growth forecast for the Banks industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 55 percentage points per year, which is a significant difference in performance.
お知らせ • Jan 28Riverview Bancorp, Inc. Reports Net Loan Charge-Offs for the Third Quarter Ended December 31, 2025Riverview Bancorp, Inc. reported net loan charge-offs for the third quarter ended December 31, 2025. For the period, the company reports Net loan charge-offs of $246,000 against $114,000 a year ago.
分析記事 • Dec 27Riverview Bancorp (NASDAQ:RVSB) Has Affirmed Its Dividend Of $0.02Riverview Bancorp, Inc. ( NASDAQ:RVSB ) will pay a dividend of $0.02 on the 16th of January. This payment means the...
Declared Dividend • Dec 26Second quarter dividend of US$0.02 announcedDividend of US$0.02 is the same as last year. Ex-date: 5th January 2026 Payment date: 16th January 2026 Dividend yield will be 1.6%, which is lower than the industry average of 3.2%. Sustainability & Growth The dividend has increased by an average of 5.9% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 38% over the next year, which should provide support to the dividend and adequate earnings cover.
お知らせ • Dec 25Riverview Bancorp, Inc. announces Quarterly dividend, payable on January 16, 2026Riverview Bancorp, Inc. announced Quarterly dividend of USD 0.0200 per share payable on January 16, 2026, ex-date on January 05, 2026 and record date on January 05, 2026.
Major Estimate Revision • Nov 04Consensus EPS estimates fall by 16%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from US$54.9m to US$54.3m. EPS estimate also fell from US$0.25 per share to US$0.21 per share. Net income forecast to grow 27% next year vs 18% growth forecast for Banks industry in the US. Consensus price target of US$7.00 unchanged from last update. Share price rose 4.5% to US$5.30 over the past week.
分析記事 • Oct 31Earnings Miss: Riverview Bancorp, Inc. Missed EPS By 17% And Analysts Are Revising Their ForecastsAs you might know, Riverview Bancorp, Inc. ( NASDAQ:RVSB ) recently reported its quarterly numbers. Revenues were in...
お知らせ • Oct 30Riverview Bancorp, Inc. Reports Net Loan Charge-Offs for the Quarter Ended September 30, 2025Riverview Bancorp, Inc. reported net loan charge-offs for the quarter ended September 30, 2025. For the period, Company reports Net loan charge-offs (recoveries) in the quarter $1,000 compared to $2,000 a year ago.
Declared Dividend • Oct 02First quarter dividend of US$0.02 announcedDividend of US$0.02 is the same as last year. Ex-date: 9th October 2025 Payment date: 20th October 2025 Dividend yield will be 1.5%, which is lower than the industry average of 3.2%. Sustainability & Growth The dividend has increased by an average of 5.9% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 34% over the next year, which should provide support to the dividend and adequate earnings cover.
Board Change • Sep 30Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 3 highly experienced directors. Independent Director Larry Hoff was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
お知らせ • Sep 30Riverview Bancorp Declares Quarterly Cash Dividend, Payable on October 20, 2025Riverview Bancorp, Inc. announced that on September 25, 2025, its Board of Directors approved a quarterly cash dividend of $0.02 per share which remained unchanged compared to the preceding quarter. The dividend is payable on October 20, 2025, to shareholders of record as of October 9, 2025.
お知らせ • Aug 27Riverview Bancorp, Inc. Announces Executive ChangesRiverview Bancorp, Inc. announced that Graham Clancy has joined Riverview as Senior Vice President and Director of Finance, and Phung Le has been promoted to Senior Vice President and Controller following the upcoming retirement of Wendy Beck. Mr. Clancy and Ms. Le will report directly to Chief Financial Officer David Lam and collaborate to provide a first-in-class accounting and finance team. Mr. Clancy has more than 14 years of experience in finance, accounting, budgeting, forecasting and asset and liability management in the banking industry. He joins Riverview from Heritage Bank where he was Vice President, Senior Finance Officer, and responsible for finance and accounting reporting. Prior to that he spent over a decade at Umpqua Bank where he most recently was Vice President, Strategy Activation Manager, and was responsible for frontline strategy and support. Mr. Clancy holds a B.S. in Business Administration from the University of Oregon, Lundquist College of Business and is a graduate of the Pacific Coast Banking School at the University of Washington, Foster School of Business. Ms. Le has been named as Riverview’s next Controller, following the upcoming retirement of Wendy Beck. Ms. Le has over 10 years of experience in accounting with financial institutions. Ms. Le joined Riverview in 2019, where she most recently held the title of Vice President and Assistant Controller and was responsible for daily accounting operations, ensuring compliance with GAAP, banking regulations, and internal policies. Prior to joining Riverview Bank, Ms. Le spent 3 years in public accounting where she was a senior assurance team member focused on financial institutions where she developed a deep understanding of financial reporting, internal controls, and industry specific regulations. She holds a B.A. in Business Administration and Accounting from Washington State University.
Reported Earnings • Jul 30First quarter 2026 earnings: EPS exceeds analyst expectationsFirst quarter 2026 results: EPS: US$0.058 (up from US$0.046 in 1Q 2025). Revenue: US$13.3m (up 8.9% from 1Q 2025). Net income: US$1.23m (up 27% from 1Q 2025). Profit margin: 9.2% (up from 7.9% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 20%. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 7.6% growth forecast for the Banks industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 59 percentage points per year, which is a significant difference in performance.
New Risk • Jul 24New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 1.5% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.
お知らせ • Jul 21Riverview Bancorp, Inc., Annual General Meeting, Aug 28, 2025Riverview Bancorp, Inc., Annual General Meeting, Aug 28, 2025.
分析記事 • Jun 30Riverview Bancorp (NASDAQ:RVSB) Has Affirmed Its Dividend Of $0.02Riverview Bancorp, Inc. ( NASDAQ:RVSB ) will pay a dividend of $0.02 on the 22nd of July. This means the annual payment...
Declared Dividend • Jun 30Fourth quarter dividend of US$0.02 announcedDividend of US$0.02 is the same as last year. Ex-date: 10th July 2025 Payment date: 22nd July 2025 Dividend yield will be 1.5%, which is lower than the industry average of 3.2%. Sustainability & Growth Dividend is well covered by earnings (34% payout ratio) and is expected to be well covered in 3 years' time (19% forecast payout ratio). The dividend has increased by an average of 5.9% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 73% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Jun 28Riverview Bancorp Declares Quarterly Cash Dividend, Payable on July 22, 2025Riverview Bancorp, Inc. announced that on June 26, 2025, its Board of Directors approved a quarterly cash dividend of $0.02 per share which remained unchanged compared to the preceding quarter. The dividend is payable on July 22, 2025, to shareholders of record as of July 10, 2025.
Reported Earnings • Jun 15Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: US$0.23 (up from US$0.18 in FY 2024). Revenue: US$50.2m (up 4.0% from FY 2024). Net income: US$4.90m (up 29% from FY 2024). Profit margin: 9.8% (up from 7.9% in FY 2024). The increase in margin was driven by higher revenue. Net interest margin (NIM): 2.54% (down from 2.56% in FY 2024). Cost-to-income ratio: 87.5% (down from 90.5% in FY 2024). Non-performing loans: 0.01% (down from 0.02% in FY 2024). Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) also surpassed analyst estimates by 15%. Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 7.2% growth forecast for the Banks industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 62 percentage points per year, which is a significant difference in performance.
Seeking Alpha • May 11Riverview Bancorp Has Little Room Left To RunSummary Regional banks may offer meaningful value despite recent underperformance, but Riverview Bancorp is rated as a hold due to limited upside potential. RVSB's financial metrics have deteriorated, with a significant drop in net income and efficiency ratio, despite a recent stock price increase. Riverview has a remarkably low ratio for non-performing assets, but the bank has a high exposure to mortgage loans. Its concentrated geographical footprint poses additional risks. The company's stock price is close to its book value, providing some downside protection, but overall returns are expected to align with the market. Read the full article on Seeking Alpha
Reported Earnings • May 02Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: US$0.23 (up from US$0.18 in FY 2024). Revenue: US$50.5m (up 4.5% from FY 2024). Net income: US$4.90m (up 29% from FY 2024). Profit margin: 9.7% (up from 7.9% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) also surpassed analyst estimates by 15%. Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 7.1% growth forecast for the Banks industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance.
New Risk • May 01New major risk - Revenue and earnings growthEarnings have declined by 17% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 17% per year over the past 5 years. Minor Risk Profit margins are more than 30% lower than last year (1.7% net profit margin).
Declared Dividend • Apr 04Third quarter dividend of US$0.02 announcedShareholders will receive a dividend of US$0.02. Ex-date: 14th April 2025 Payment date: 25th April 2025 Dividend yield will be 1.4%, which is lower than the industry average of 3.2%. Sustainability & Growth Dividend is not covered by earnings (322% earnings payout ratio). However, the dividend is expected to be well covered in 3 years' time (22% forecast payout ratio). The dividend has increased by an average of 5.9% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 257% to bring the payout ratio under control. EPS is expected to grow by 161% over the next 2 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.
お知らせ • Apr 03Riverview Bancorp, Inc. Declares Quarterly Cash Dividend, Payable on April 25, 2025Riverview Bancorp, Inc. announced that on March 27, 2025, its Board of Directors approved a quarterly cash dividend of $0.02 per share which remained unchanged compared to the preceding quarter. The dividend is payable on April 25, 2025, to shareholders of record as of April 14, 2025.
Price Target Changed • Feb 04Price target increased by 19% to US$6.25Up from US$5.25, the current price target is provided by 1 analyst. New target price is 11% above last closing price of US$5.62. Stock is up 13% over the past year. The company is forecast to post earnings per share of US$0.20 for next year compared to US$0.18 last year.
Reported Earnings • Feb 01Third quarter 2025 earnings: EPS and revenues exceed analyst expectationsThird quarter 2025 results: EPS: US$0.059 (down from US$0.069 in 3Q 2024). Revenue: US$12.7m (up 2.8% from 3Q 2024). Net income: US$1.23m (down 15% from 3Q 2024). Profit margin: 9.7% (down from 12% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.0%. Earnings per share (EPS) also surpassed analyst estimates by 50%. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 7.4% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
Declared Dividend • Dec 26Second quarter dividend of US$0.02 announcedShareholders will receive a dividend of US$0.02. Ex-date: 2nd January 2025 Payment date: 14th January 2025 Dividend yield will be 2.1%, which is lower than the industry average of 3.2%. Sustainability & Growth The dividend has increased by an average of 5.9% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 273% to bring the payout ratio under control. EPS is expected to grow by 87% over the next year, which means the dividend may need to be reduced to reach a sustainable payout ratio.
お知らせ • Dec 24Riverview Bancorp Declares Quarterly Cash Dividend, Payable on January 2, 2025Riverview Bancorp, Inc. announced that on December 17, 2024, its Board of Directors approved a quarterly cash dividend of $0.02 per share which remained unchanged compared to the preceding quarter. The dividend is payable on January 2, 2025, to shareholders of record as of January 14, 2025.
Major Estimate Revision • Nov 01Consensus EPS estimates increase by 18%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from US$0.17 to US$0.20. Revenue forecast steady at US$49.6m. Net income forecast to grow 432% next year vs 12% growth forecast for Banks industry in the US. Consensus price target of US$5.25 unchanged from last update. Share price was steady at US$4.74 over the past week.
Reported Earnings • Oct 25Second quarter 2025 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2025 results: EPS: US$0.074 (down from US$0.12 in 2Q 2024). Revenue: US$12.7m (down 4.3% from 2Q 2024). Net income: US$1.56m (down 37% from 2Q 2024). Profit margin: 12% (down from 19% in 2Q 2024). The decrease in margin was primarily driven by lower revenue. Revenue exceeded analyst estimates by 2.5%. Earnings per share (EPS) also surpassed analyst estimates by 75%. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 6.6% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.
Declared Dividend • Sep 30First quarter dividend of US$0.02 announcedShareholders will receive a dividend of US$0.02. Ex-date: 7th October 2024 Payment date: 18th October 2024 Dividend yield will be 3.4%, which is higher than the industry average of 3.2%. Sustainability & Growth The dividend has increased by an average of 6.6% per year over the past 9 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 144% to bring the payout ratio under control. EPS is expected to grow by 74% over the next year, which means the dividend may need to be reduced to reach a sustainable payout ratio.
お知らせ • Sep 27+ 1 more updateRiverview Bancorp, Inc. (NasdaqGS:RVSB) announces an Equity Buyback for $2 million worth of its shares.Riverview Bancorp, Inc. (NasdaqGS:RVSB) announces a share repurchase program. Under the program, the company will repurchase up to $2 million worth of its outstanding shares. The program will continue until the earlier of the completion of the repurchase or 12 months after the effective date.
Major Estimate Revision • Aug 01Consensus EPS estimates fall by 32%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from US$51.0m to US$49.5m. EPS estimate also fell from US$0.25 per share to US$0.17 per share. Net income forecast to grow 137% next year vs 8.5% growth forecast for Banks industry in the US. Consensus price target of US$5.25 unchanged from last update. Share price rose 5.0% to US$4.62 over the past week.
Reported Earnings • Jul 28First quarter 2025 earnings: EPS misses analyst expectationsFirst quarter 2025 results: EPS: US$0.046 (down from US$0.14 in 1Q 2024). Revenue: US$12.2m (down 11% from 1Q 2024). Net income: US$966.0k (down 66% from 1Q 2024). Profit margin: 7.9% (down from 21% in 1Q 2024). The decrease in margin was primarily driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 17%. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 6.3% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.
お知らせ • Jul 22Riverview Bancorp, Inc., Annual General Meeting, Aug 28, 2024Riverview Bancorp, Inc., Annual General Meeting, Aug 28, 2024.
Valuation Update With 7 Day Price Move • Jul 17Investor sentiment improves as stock rises 17%After last week's 17% share price gain to US$4.43, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 12x in the Banks industry in the US. Total loss to shareholders of 30% over the past three years.
分析記事 • Jul 01Riverview Bancorp (NASDAQ:RVSB) Has Announced That Its Dividend Will Be Reduced To $0.02Riverview Bancorp, Inc.'s ( NASDAQ:RVSB ) dividend is being reduced by 67% to $0.02 per share on 22nd of July, in...
Declared Dividend • Jul 01Fourth quarter dividend reduced to US$0.02Dividend of US$0.02 is 67% lower than last year. Ex-date: 10th July 2024 Payment date: 22nd July 2024 Dividend yield will be 5.0%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is not covered by earnings (134% earnings payout ratio). However, the dividend is expected to be covered in 3 years' time (53% forecast payout ratio). The dividend has increased by an average of 20% per year over the past 9 years and payments have been stable during that time. The company's earnings per share (EPS) would need to grow by 48% to bring the payout ratio under control. EPS is expected to grow by 113% over the next 2 years, which is sufficient to bring the dividend into a sustainable range.
お知らせ • Jun 28Riverview Bancorp, Inc. Declares Quarterly Cash Dividend, Payable on July 22, 2024Riverview Bancorp, Inc. announced that on June 26, 2024, its Board of Directors approved a quarterly cash dividend of $0.02 per share, which is a $0.04 decrease compared to the preceding quarter. The dividend is payable on July 22, 2024, to shareholders of record as of July 10, 2024.
お知らせ • Jun 22+ 1 more updateRiverview Bancorp, Inc. and Riverview Bank Announce Chief Executive Officer Changes, Effective July 1, 2024Riverview Bancorp, Inc. announced that Nicole Sherman has been named Chief Executive Officer of Riverview Bancorp and Riverview Bank, effective July 01, 2024. Ms. Sherman is well-known as a catalyst for financial innovation and regarded as a brilliant change agent and unwavering positive force in the industry. She is a leader builder throughout organizations and does so by her actions, work ethic, high standards and dedicated coaching and mentoring of others. As a visionary and an architect of momentum, Ms. Sherman leverages past accomplishments to fuel future innovation. Her live on purpose, lead with intention philosophy and dedication inspires others to see their greatness and bring that level of engagement every single day. This past March, Ms. Sherman served as the Greater Chamber of Commerce’s keynote speaker at the Inspire Her Conference. Ms. Sherman brings over 25 years of experience at the Chief, Executive and Senior VP levels with organizations such as Columbia Bank, Utah First, Numerica Credit Union, AmericanWest Bank, and Zions Bank. Her expertise ranges from Retail and Digital Banking, Commercial and Business Banking to Wealth Management including Private Banking and Financial Services, as well as Corporate Marketing and Communications, DEIBA and Community Impact and Philanthropy. Additionally, Ms. Sherman has led through 10 successful mergers and acquisitions throughout her career. Known for her paramount presentation style, she is a Keynote and Transformational Speaker. Since 2003, Ms. Sherman has been a top-rated faculty member at Pacific Coast Banking School (PCBS) at the University of Washington, Foster School of Business and was named 2023 Instructor of the Year. Over the past nine months, Dan Cox has served as the bank’s acting CEO/President. Dan will now focus full-time on his role as EVP, Chief Operating Officer. Riverview’s CEO selection committee engaged J. Scott Petty, Managing Partner of Chartwell Partner’s Financial Services Practice to conduct an extensive national search.
Reported Earnings • Jun 20Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: US$0.18 (down from US$0.83 in FY 2023). Revenue: US$48.3m (down 23% from FY 2023). Net income: US$3.80m (down 79% from FY 2023). Profit margin: 7.9% (down from 29% in FY 2023). The decrease in margin was driven by lower revenue. Net interest margin (NIM): 2.56% (down from 3.26% in FY 2023). Cost-to-income ratio: 90.5% (up from 61.7% in FY 2023). Non-performing loans: 0.02% (down from 0.18% in FY 2023). Revenue missed analyst estimates by 5.8%. Earnings per share (EPS) also missed analyst estimates by 49%. Revenue is forecast to grow 8.6% p.a. on average during the next 2 years, compared to a 5.9% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 17% per year.
Major Estimate Revision • May 02Consensus EPS estimates increase by 39%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from US$48.9m to US$50.9m. EPS estimate increased from US$0.18 to US$0.25 per share. Net income forecast to grow 40% next year vs 1.5% growth forecast for Banks industry in the US. Consensus price target down from US$6.00 to US$5.25. Share price fell 11% to US$3.94 over the past week.
Reported Earnings • Apr 27Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: US$0.18 (down from US$0.83 in FY 2023). Revenue: US$48.3m (down 23% from FY 2023). Net income: US$3.80m (down 79% from FY 2023). Profit margin: 7.9% (down from 29% in FY 2023). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 5.8%. Earnings per share (EPS) also missed analyst estimates by 49%. Revenue is forecast to grow 5.6% p.a. on average during the next 2 years, compared to a 6.0% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 14% per year.
分析記事 • Apr 04Riverview Bancorp (NASDAQ:RVSB) Has Affirmed Its Dividend Of $0.06Riverview Bancorp, Inc.'s ( NASDAQ:RVSB ) investors are due to receive a payment of $0.06 per share on 22nd of April...
Declared Dividend • Apr 03Third quarter dividend of US$0.06 announcedDividend of US$0.06 is the same as last year. Ex-date: 10th April 2024 Payment date: 22nd April 2024 Dividend yield will be 5.3%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is covered by earnings (52% payout ratio) and is expected to be covered in 3 years' time (76% forecast payout ratio). The dividend has increased by an average of 20% per year over the past 9 years and payments have been stable during that time. EPS is expected to decline by 25% over the next 2 years. However, it would need to fall by 42% to increase the payout ratio to a potentially unsustainable range.
お知らせ • Apr 02Riverview Bancorp, Inc. Declares Quarterly Cash Dividend, Payable on April 22, 2024Riverview Bancorp, Inc. announced that on March 27, 2024, its Board of Directors approved a quarterly cash dividend to $0.06 per share, which remained unchanged compared to the preceding quarter. The dividend will be payable April 22, 2024, to shareholders of record on April 11, 2024. Based on the current share price, the annualized dividend yield is 5.08%.
Recent Insider Transactions • Feb 29Key Executive recently bought US$107k worth of stockOn the 23rd of February, Gerald Nies bought around 22k shares on-market at roughly US$4.85 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Gerald's only on-market trade for the last 12 months.
New Risk • Feb 22New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: US$98.4m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 12% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (18% net profit margin). Market cap is less than US$100m (US$98.4m market cap).
Major Estimate Revision • Feb 01Consensus EPS estimates fall by 17%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from US$53.0m to US$51.3m. EPS estimate also fell from US$0.42 per share to US$0.35 per share. Net income forecast to shrink 51% next year vs 3.6% decline forecast for Banks industry in the US. Consensus price target of US$6.00 unchanged from last update. Share price fell 5.3% to US$5.49 over the past week.
Reported Earnings • Jan 26Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: EPS: US$0.069 (down from US$0.24 in 3Q 2023). Revenue: US$12.4m (down 26% from 3Q 2023). Net income: US$1.45m (down 72% from 3Q 2023). Profit margin: 12% (down from 31% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 5.5%. Earnings per share (EPS) also missed analyst estimates by 30%. Revenue is forecast to stay flat during the next 2 years compared to a 5.5% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 4% per year.
お知らせ • Dec 27Riverview Bancorp, Inc. Declares Quarterly Cash Dividend, Payable on January 16, 2024Riverview Bancorp, Inc. announced that on December 20, 2023, its Board of Directors approved a quarterly cash dividend to $0.06 per share, which remained unchanged compared to the preceding quarter. The dividend will be payable on January 16, 2024, to shareholders of record on January 5, 2024. Based on the current share price, the annualized dividend yield is 3.84%.
Reported Earnings • Oct 29Second quarter 2024 earnings: EPS in line with expectations, revenues disappointSecond quarter 2024 results: EPS: US$0.12 (down from US$0.24 in 2Q 2023). Revenue: US$13.3m (down 20% from 2Q 2023). Net income: US$2.47m (down 52% from 2Q 2023). Profit margin: 19% (down from 31% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 2.4% p.a. on average during the next 2 years, while revenues in the Banks industry in the US are expected to grow by 4.3%. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
お知らせ • Oct 05Riverview Bancorp Declares Quarterly Cash Dividend, Payable October 23, 2023Riverview Bancorp, Inc. announced that on September 27, 2023, its Board of Directors approved a quarterly cash dividend to $0.06 per share, which remained unchanged compared to the preceding quarter. The dividend will be payable October 23, 2023, to shareholders of record on October 12, 2023. Based on the current share price, the annualized dividend yield is 4.32%.
Recent Insider Transactions • Sep 09Independent Director recently bought US$60k worth of stockOn the 6th of September, Valerie Moreno bought around 10k shares on-market at roughly US$5.89 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought US$186k more in shares than they have sold in the last 12 months.
お知らせ • Aug 23Riverview Bancorp, Inc. Announces Management ChangesRiverview Bancorp, Inc. announced that, as part of its multi-step leadership succession planning process, has promoted a number of senior managers at Riverview Bank (the “Bank” and collectively “Riverview”) and Bancorp. Daniel Cox has been promoted to Chief Operating Officer of the Bank and Bancorp by the Board of Directors, effective immediately. Mr. Cox will also continue to serve as Acting President and Chief Executive Officer. Mr. Cox has been a member of the executive management team since 2014 in the role of Chief Credit Officer. In his new role, he will be responsible for the daily operations and management of the Bank. Mr. Cox joined Riverview in August 2002, most recently serving as Executive Vice President and Chief Credit Officer of the Bank where he was responsible for the Bank’s commercial credit and collection policies procedures and processes. He graduated Summa Cum Laude from Washington State University – Vancouver with a Bachelor of Arts in Business Administration with a major emphasis in Finance. He is an Honor Roll alum of the Pacific Coast Banking School. Mr. Cox is an active mentor in the local schools and was the Past Treasurer and Endowment Chair for the Washougal Schools Foundation and Past Board Member of Camas-Washougal Chamber of Commerce. Robert Benke has been promoted to Executive Vice President and Chief Credit Officer, and will oversee all commercial credit and collection policies, procedures and processes of the Bank. He most recently served as Senior Credit Administrator, a position he has held since March 2016. Mr. Benke joined Riverview in July 2004 and spent five years as a commercial lender and progressed through the credit administration function starting in 2012 most recently serving as Senior Vice President of Credit Administration. He is responsible for credit administration related to the Bank’s commercial and consumer loan activities. He holds a Master’s in Business Administration from Washington State University, a Bachelor of Arts in Physics from Whitman College, and is a 2015 graduate of the Pacific Coast Banking School. Mr. Benke is an active board member of the Washington State University – Vancouver MAP Program. Michael Sventek joins Riverview as Executive Vice President and Chief Lending Officer of the Bank. Mr. Sventek has over 32 years of experience in community banking, having most recently served as Commercial Banking Market Director for Umpqua Bank. Prior to that, he served as Commercial Banking President for BBVA USA. Throughout his career, Mr. Sventek served as a highly visible finance leader for community banks and brings a vast amount of experience in commercial banking and lending. Mr. Sventek graduated with a Bachelor of Science in Computer Science Engineering from Northern Arizona University and is a graduate of the Pacific Coast Banking School. Michael Sventek replaces Steven Plambeck, who will be retiring September 1, 2023. Steven joined Riverview in 2011 and has held the positions of Executive Vice President and Chief Lending Officer of the Bank since March 2018.
お知らせ • Aug 10+ 1 more updateRiverview Bancorp, Inc. and Riverview Bank Announce Executive ChangesRiverview Bancorp, Inc. is announcing that on August 4, 2023, the Board of Directors of Riverview Bank and Riverview Bancorp, Inc., voted to terminate, without cause, the employment of Kevin J. Lycklama. The termination of employment is effective September 6, 2023. Daniel Cox has been named Acting President. For the past 21 years, Daniel Cox has worked for Riverview Bank. His expertise is in finance and credit administration. He currently is Executive Vice President and Chief Credit Officer. He leads the Bank’s commercial credit and collection policies, procedures and processes. And, he works closely with investor relations. Cox graduated Summa Cum Laude from Washington State University – Vancouver with a Bachelor of Arts in Business Administration with a major emphasis in Finance. He is an Honor Roll alum of the Pacific Coast Banking School. Along with Daniel Cox, David Lam, Executive Vice President and Chief Financial Officer remains a critical member of the Senior Leadership team. He joined Riverview in 2008 as Controller and was promoted to his current position in 2017. Lam leads accounting, SEC reporting and treasury functions for the Bank and the Company. Prior to joining Riverview, he spent ten years working in the public accounting sector advancing to the level of audit manager. Lam holds a Bachelor of Arts degree in business administration with an emphasis in accounting from Oregon State University. Lam is a CPA, holds a chartered global management accountant designation and is a member of both the American Institute of CPAs and Oregon Society of CPAs.
Reported Earnings • Jul 28First quarter 2024 earnings: EPS in line with expectations, revenues disappointFirst quarter 2024 results: EPS: US$0.14 (down from US$0.21 in 1Q 2023). Revenue: US$13.6m (down 14% from 1Q 2023). Net income: US$2.84m (down 39% from 1Q 2023). Profit margin: 21% (down from 30% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 2.2% p.a. on average during the next 2 years, while revenues in the Banks industry in the US are expected to grow by 4.4%. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
お知らせ • Jul 24Riverview Bancorp, Inc., Annual General Meeting, Aug 23, 2023Riverview Bancorp, Inc., Annual General Meeting, Aug 23, 2023, at 10:00 US Eastern Standard Time. Agenda: To consider the election of three directors to each serve for a three-year term; to consider the advisory (non-binding) vote to approve the compensation paid to named executive officers, as disclosed in this Proxy Statement; to consider advisory (non-binding) vote on the frequency of future votes to approve the compensation paid to named executive officers; and to transact such other business issues.
分析記事 • Jul 04Riverview Bancorp (NASDAQ:RVSB) Is Paying Out A Dividend Of $0.06The board of Riverview Bancorp, Inc. ( NASDAQ:RVSB ) has announced that it will pay a dividend on the 24th of July...
お知らせ • Jul 01Riverview Bancorp Declares Quarterly Cash Dividend, Payable July on 24, 2023Riverview Bancorp, Inc. announced that on June 28, 2023, its Board of Directors approved a quarterly cash dividend to $0.06 per share, which remained unchanged compared to the preceding quarter. The dividend will be payable July 24, 2023, to shareholders of record on July 11, 2023. Based on the current share price, the annualized dividend yield is 4.77%.
Reported Earnings • Jun 19Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: US$0.83 (down from US$0.98 in FY 2022). Revenue: US$63.1m (down 3.7% from FY 2022). Net income: US$18.1m (down 17% from FY 2022). Profit margin: 29% (down from 33% in FY 2022). The decrease in margin was primarily driven by lower revenue. Net interest margin (NIM): 3.26% (up from 3.03% in FY 2022). Cost-to-income ratio: 61.7% (up from 60.8% in FY 2022). Non-performing loans: 0.18% (down from 2.23% in FY 2022). Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) also missed analyst estimates by 5.7%. Revenue is expected to decline by 4.0% p.a. on average during the next 2 years, while revenues in the Banks industry in the US are expected to grow by 5.3%. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • May 05Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to US$4.52, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 8x in the Banks industry in the US. Total returns to shareholders of 2.4% over the past three years.
Major Estimate Revision • May 04Consensus EPS estimates fall by 29%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from US$61.6m to US$55.9m. EPS estimate also fell from US$0.68 per share to US$0.48 per share. Net income forecast to shrink 43% next year vs 5.7% decline forecast for Banks industry in the US. Consensus price target down from US$6.50 to US$6.00. Share price fell 12% to US$4.65 over the past week.
Reported Earnings • Apr 29Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: US$0.83 (down from US$0.98 in FY 2022). Revenue: US$63.1m (down 3.7% from FY 2022). Net income: US$18.1m (down 17% from FY 2022). Profit margin: 29% (down from 33% in FY 2022). The decrease in margin was primarily driven by lower revenue. Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) also missed analyst estimates by 5.7%. Revenue is forecast to stay flat during the next 2 years compared to a 3.2% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Price Target Changed • Apr 11Price target decreased by 24% to US$6.50Down from US$8.50, the current price target is provided by 1 analyst. New target price is 18% above last closing price of US$5.53. Stock is down 23% over the past year. The company is forecast to post earnings per share of US$0.88 for next year compared to US$0.98 last year.
分析記事 • Apr 05Riverview Bancorp (NASDAQ:RVSB) Is Paying Out A Dividend Of $0.06The board of Riverview Bancorp, Inc. ( NASDAQ:RVSB ) has announced that it will pay a dividend on the 20th of April...
Valuation Update With 7 Day Price Move • Mar 13Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to US$5.45, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 9x in the Banks industry in the US. Total returns to shareholders of 31% over the past three years.
Reported Earnings • Jan 28Third quarter 2023 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2023 results: EPS: US$0.24 (down from US$0.25 in 3Q 2022). Revenue: US$16.7m (up 1.3% from 3Q 2022). Net income: US$5.24m (down 4.9% from 3Q 2022). Profit margin: 31% (down from 34% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.4% p.a. on average during the next 2 years, compared to a 6.5% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Dec 27Upcoming dividend of US$0.06 per shareEligible shareholders must have bought the stock before 03 January 2023. Payment date: 16 January 2023. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of American dividend payers (4.5%). In line with average of industry peers (3.2%).
お知らせ • Dec 23Riverview Bancorp, Inc. Announces Quarterly Cash Dividend, Payable on January 16, 2023Riverview Bancorp, Inc. announced that on December 21, 2022, its Board of Directors approved a quarterly cash dividend to $0.06 per share, which remained unchanged compared to the preceding quarter. The dividend will be payable January 16, 2023, to shareholders of record on January 4, 2023. Based on the current share price, the annualized dividend yield is 3.20%.
お知らせ • Nov 18Riverview Bancorp, Inc. (NasdaqGS:RVSB) announces an Equity Buyback for $2.5 million worth of its shares.Riverview Bancorp, Inc. (NasdaqGS:RVSB) announces a share repurchase program. Under the program, the company will repurchase up to $2.5 million worth of its outstanding shares. The program will continue until the earlier of the completion of the repurchase or May 28, 2023.
Recent Insider Transactions • Nov 10Insider recently bought US$61k worth of stockOn the 7th of November, Larry Hoff bought around 9k shares on-market at roughly US$6.96 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought US$109k more in shares than they have sold in the last 12 months.
お知らせ • Oct 29Riverview Bancorp, Inc. Reports Net Loan Charge-Offs for the Second Quarter Ended September 30, 2022Riverview Bancorp, Inc. reported net loan charge-offs for the second quarter ended September 30, 2022. The company recorded net loan charge-offs (recoveries) of $7,000 during the second fiscal quarter. This compared to net loan recoveries of $36,000 for the preceding quarter and net loan recoveries of $10,000 in the second fiscal quarter a year ago.
Reported Earnings • Oct 28Second quarter 2023 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2023 results: EPS: US$0.24 (down from US$0.29 in 2Q 2022). Revenue: US$16.6m (down 11% from 2Q 2022). Net income: US$5.19m (down 19% from 2Q 2022). Profit margin: 31% (down from 35% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 2.3%. Earnings per share (EPS) also surpassed analyst estimates by 9.1%. Revenue is forecast to grow 3.0% p.a. on average during the next 2 years, compared to a 6.3% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
分析記事 • Oct 07Riverview Bancorp's (NASDAQ:RVSB) Dividend Will Be $0.06The board of Riverview Bancorp, Inc. ( NASDAQ:RVSB ) has announced that it will pay a dividend on the 24th of October...
お知らせ • Oct 06+ 1 more updateRiverview Bancorp, Inc. Appoints Larry Hoff to the Board of DirectorsRiverview Bancorp, Inc. announced the appointment of Larry Hoff, State of Washington Representative for Southwest Washington’s 18thLegislative District, to the Board of Directors of Riverview Bank and Riverview Bancorp, Inc.Mr. Hoff has served on the boards of Doernbecher Children’s Hospital Foundation, Clark County Department of Community Services and the Longview Noon Rotary. Mr. Hoff holds a Bachelor of Science degree from University of North Dakota in Accounting. Mr. Hoff brings to Riverview Bank experience in leadership, human relations (he currently is the ranking minority member of the House Labor and Workplace Standards Committee) and a career working in the financial industry.
Seeking Alpha • Oct 03Riverview Bancorp declares $0.06 dividendRiverview Bancorp (NASDAQ:RVSB) declares $0.06/share quarterly dividend, in line with previous. Forward yield 3.69% Payable Oct. 24; for shareholders of record Oct. 13; ex-div Oct. 12. See RVSB Dividend Scorecard, Yield Chart, & Dividend Growth.
お知らせ • Sep 08Riverview Bancorp, Inc. Announces Board ChangesOn August 31, 2022, Director John A. Karas announced that he was resigning from the Board of Riverview Bancorp, Inc., and its financial institution subsidiary, Riverview Community Bank (the “Bank”) effective August 31, 2022 Mr. Karas served as a Director of the Company and the Bank since 2017 and as a member of the Audit Committee. The Company has appointed Mr. Gerald L. Nies to serve as a member of the Audit Committee.
お知らせ • Jul 16Riverview Bancorp, Inc., Annual General Meeting, Aug 24, 2022Riverview Bancorp, Inc., Annual General Meeting, Aug 24, 2022, at 10:00 US Eastern Standard Time. Agenda: To consider election of three directors to each serve for a three-year term; to advisory (non-binding) vote to approve the compensation paid to company named executive officers, as disclosed in this Proxy Statement.
お知らせ • Jul 02Riverview Bancorp, Inc. Names Tracie Jellison as Chief Retail Banking OfficerRiverview Bancorp, Inc. has named Tracie Jellison as Chief Retail Banking Officer. Ms. Jellison joined the Bank nearly one year ago and has led its commercial team in the Oregon market. With her extensive experience on the retail side of the business, Tracie is happy to return to her roots. Tracie is not a stranger to banking. In fact, she has worked in banking for more than 30 years, starting her career in Boise, Idaho, as a customer service representative. After three years of working on the front line with clients, she transitioned to become a consumer loan officer. After working for six years in that role, she was promoted to a senior loan officer, managing a team of lenders and the Visa credit card department. From there, Tracie made the transition to business lending. For the past 10 years, Tracie has mastered commercial lending, most recently at Riverview Community Bank and prior to that she was at Columbia Credit Union.
Upcoming Dividend • Jun 30Upcoming dividend of US$0.06 per shareEligible shareholders must have bought the stock before 07 July 2022. Payment date: 21 July 2022. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of American dividend payers (4.3%). Higher than average of industry peers (3.2%).
分析記事 • Jun 28Riverview Bancorp (NASDAQ:RVSB) Has Announced That It Will Be Increasing Its Dividend To US$0.06Riverview Bancorp, Inc. ( NASDAQ:RVSB ) will increase its dividend on the 21st of July to US$0.06. This takes the...
お知らせ • Jun 24Riverview Bancorp, Inc. Announces Quarterly Cash Dividend, Payable on July 21, 2022Riverview Bancorp, Inc. announced that on June 22, 2022, its Board of Directors approved an increase in its quarterly cash dividend to $0.06 per share. The dividend will be payable on July 21, 2022, to shareholders of record on July 8, 2022.
Reported Earnings • Jun 16Full year 2022 earnings: EPS misses analyst expectationsFull year 2022 results: EPS: US$0.98 (up from US$0.47 in FY 2021). Revenue: US$64.5m (up 30% from FY 2021). Net income: US$21.8m (up 108% from FY 2021). Profit margin: 34% (up from 21% in FY 2021). The increase in margin was driven by higher revenue. Net interest margin (NIM): 3.03% (down from 3.41% in FY 2021). Cost-to-income ratio: 60.8% (down from 64.7% in FY 2021). Non-performing loans: 2.23% (up from 0.06% in FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.0%. Over the next year, revenue is expected to shrink by 1.7% compared to a 11% growth forecast for the banks industry in the US. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
Reported Earnings • Apr 29Full year 2022 earnings: EPS misses analyst expectationsFull year 2022 results: EPS: US$0.98 (up from US$0.47 in FY 2021). Revenue: US$65.0m (up 31% from FY 2021). Net income: US$21.8m (up 108% from FY 2021). Profit margin: 34% (up from 21% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.0%. Over the next year, revenue is expected to shrink by 6.1% compared to a 11% growth forecast for the banks industry in the US. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Price Target Changed • Apr 27Price target increased to US$8.50Up from US$7.50, the current price target is provided by 1 analyst. New target price is 21% above last closing price of US$7.05. Stock is up 1.0% over the past year. The company is forecast to post earnings per share of US$0.99 for next year compared to US$0.47 last year.
お知らせ • Mar 30Riverview Bancorp Declares Quarterly Cash Dividend, Payable on April 21, 2022Riverview Bancorp, Inc. announced that its Board of Directors approved a quarterly cash dividend of $0.055 per share, which remained unchanged compared to the preceding quarter. The dividend will be payable April 21, 2022, to shareholders of record on April 11, 2022. Based on the current share price, the annualized dividend yield is 2.91%.
Price Target Changed • Feb 03Price target increased to US$8.50Up from US$7.50, the current price target is provided by 1 analyst. New target price is 16% above last closing price of US$7.30. Stock is up 36% over the past year. The company is forecast to post earnings per share of US$0.99 for next year compared to US$0.47 last year.