NasdaqGM:RIVE

Stock Analysis Report

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Executive Summary

Riverview Financial Corporation operates as the bank holding company for Riverview Bank that provides various consumer and commercial banking products and services to individuals, municipalities, small to medium sized businesses, and nonprofit entities in the United States.


Snowflake Analysis

Flawless balance sheet second-rate dividend payer.


Similar Companies

Share Price & News

How has Riverview Financial's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: RIVE's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

4.3%

RIVE

13.8%

US Banks

3.8%

US Market


1 Year Return

-44.5%

RIVE

-11.4%

US Banks

9.7%

US Market

Return vs Industry: RIVE underperformed the US Banks industry which returned -15.5% over the past year.

Return vs Market: RIVE underperformed the US Market which returned 8.9% over the past year.


Shareholder returns

RIVEIndustryMarket
7 Day4.3%13.8%3.8%
30 Day1.5%22.2%11.4%
90 Day-45.8%-1.2%6.8%
1 Year-42.9%-44.5%-8.3%-11.4%12.1%9.7%
3 Year-49.8%-53.8%-0.3%-8.1%36.2%27.2%
5 Year-39.1%-48.9%25.7%10.7%63.7%45.4%

Price Volatility Vs. Market

How volatile is Riverview Financial's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Riverview Financial undervalued compared to its fair value and its price relative to the market?

10.23x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: RIVE ($6.24) is trading above our estimate of fair value ($2.19)

Significantly Below Fair Value: RIVE is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: RIVE is poor value based on its PE Ratio (10.2x) compared to the Banks industry average (9.8x).

PE vs Market: RIVE is good value based on its PE Ratio (10.2x) compared to the US market (16.4x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate RIVE's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: RIVE is good value based on its PB Ratio (0.5x) compared to the US Banks industry average (0.8x).


Next Steps

Future Growth

How is Riverview Financial forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

20.4%

Forecasted Banks industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Riverview Financial has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Riverview Financial performed over the past 5 years?

40.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: RIVE has a large one-off loss of $2.9M impacting its March 31 2020 financial results.

Growing Profit Margin: RIVE's current net profit margins (12.2%) are lower than last year (14.6%).


Past Earnings Growth Analysis

Earnings Trend: RIVE's earnings have grown significantly by 40.3% per year over the past 5 years.

Accelerating Growth: RIVE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: RIVE had negative earnings growth (-23.7%) over the past year, making it difficult to compare to the Banks industry average (2.8%).


Return on Equity

High ROE: RIVE's Return on Equity (4.7%) is considered low.


Next Steps

Financial Health

How is Riverview Financial's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: RIVE's Assets to Equity ratio (9.4x) is low.

Allowance for Bad Loans: RIVE has a sufficient allowance for bad loans (153%).

Low Risk Liabilities: 96% of RIVE's liabilities are made up of primarily low risk sources of funding.

Loan Level: RIVE has an appropriate level of Loans to Assets ratio (79%).

Low Risk Deposits: RIVE's Loans to Deposits ratio (92%) is appropriate.

Level of Bad Loans: RIVE has an appropriate level of bad loans (0.6%).


Next Steps

Dividend

What is Riverview Financial's current dividend yield, its reliability and sustainability?

4.81%

Current Dividend Yield


Upcoming Dividend Payment


Dividend Yield vs Market

Notable Dividend: RIVE's dividend (4.81%) is higher than the bottom 25% of dividend payers in the US market (1.62%).

High Dividend: RIVE's dividend (4.81%) is in the top 25% of dividend payers in the US market (4.32%)


Stability and Growth of Payments

Stable Dividend: RIVE has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: RIVE has only been paying a dividend for 6 years, and since then payments have fallen.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (53.3%), RIVE's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.4yrs

Average management tenure


CEO

Brett Fulk (50yo)

1.42yrs

Tenure

US$556,309

Compensation

Mr. Brett D. Fulk has been the President and Director of Riverview Financial Corporation and Riverview Bank since June 30, 2015. He is Chief Executive Officer of Riverview Financial Corporation and Rivervi ...


CEO Compensation Analysis

Compensation vs Market: Brett's total compensation ($USD556.31K) is about average for companies of similar size in the US market ($USD577.87K).

Compensation vs Earnings: Brett's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Brett Fulk
President1.42yrsUS$556.31k0.54% $309.5k
Scott Seasock
Senior EVP & CFO3.83yrsUS$228.07k0.052% $30.2k
Ginger Kunkel
Senior EVP & COO1.42yrsUS$250.70k0.16% $93.6k
Steven Ehrlich
Senior EVP & Chief Strategy Officer1.25yrsUS$224.78k0.011% $6.5k
Melinda Aungst
Executive Administrator & Corporate Secretaryno datano datano data
LeeAnn Gephart
Executive VP & Chief Marketing Officerno datano datano data
Theresa Wasko
Finance Planning Officer & Senior VP11.42yrsno datano data
Richard Ogden
Senior EVP & Chief Risk Officerno datano datano data
Joseph Kelly
Senior VP & Commercial Market Executiveno datano datano data
Connie Hooks
BSA Officer & Senior VPno datano datano data

1.4yrs

Average Tenure

61yo

Average Age

Experienced Management: RIVE's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Brett Fulk
President1.42yrsUS$556.31k0.54% $309.5k
William Wood
Independent Director2.67yrsUS$42.55k0.14% $78.4k
John Soult
Independent Chairman of the Board1.67yrsUS$49.95k0.37% $214.9k
Kevin McMillen
Independent Director2.67yrsUS$45.05k0.26% $148.0k
David Hoover
Independent Vice Chairman of the Board2.67yrsUS$56.35k0.34% $195.2k
Joseph Kerwin
Independent Director11.5yrsUS$38.05k0.44% $255.0k
Howard Greenawalt
Independent Director8.25yrsUS$39.95k0.24% $137.7k
Albert Evans
Independent Director6.58yrsUS$35.55k0.48% $276.8k
Timothy Resh
Independent Director4.5yrsUS$34.95k0.050% $28.6k
Maureen Gathagan
Independent Director2.67yrsUS$38.05k0.050% $28.6k

3.6yrs

Average Tenure

56.5yo

Average Age

Experienced Board: RIVE's board of directors are considered experienced (3.6 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: RIVE insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Riverview Financial Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Riverview Financial Corporation
  • Ticker: RIVE
  • Exchange: NasdaqGM
  • Founded: 1900
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$57.661m
  • Shares outstanding: 9.24m
  • Website: https://www.riverviewbankpa.com

Number of Employees


Location

  • Riverview Financial Corporation
  • 3901 North Front Street
  • Harrisburg
  • Pennsylvania
  • 17110
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
RIVENasdaqGM (Nasdaq Global Market)YesNew Common StockUSUSDNov 2013

Biography

Riverview Financial Corporation operates as the bank holding company for Riverview Bank that provides various consumer and commercial banking products and services to individuals, municipalities, small to medium sized businesses, and nonprofit entities in the United States. It accepts money market, NOW, savings, individual retirement, and investment accounts; demand and time deposits, certificates of deposit, and noninterest bearing deposits; and provides remote deposit capture, automatic clearing house transaction, cash management, automated teller machine, point of sale transaction, night depository, direct deposit, and official check services, as well as safe deposit boxes. It offers one-to-four family residential mortgages, consumer, automobile, home equity, educational, lines of credit, residential and commercial real estate, manufactured housing, personal, student, home equity, working capital, construction, and agricultural loans; and loans for equipment and other commercial needs, and mineral rights. In addition, it provides mortgage banking and financial advisory services; and trust and investment services comprising investment management, IRA trustee, estate administration, living trust, trustee under will, guardianship, life insurance trust, custodial/IRA custodial, and corporate trust services, as well as pension and profit sharing plans. Further, it offers wealth management products and services, such as investment portfolio management, brokerage, annuities, business succession planning, insurance, education funding strategies, and estate and tax planning assistance; and securities, stocks, bonds, and mutual funds. As of March 18, 2019, it operated through 28 community banking offices and 4 limited purpose offices in the Berks, Blair, Centre, Clearfield, Dauphin, Huntingdon, Lebanon, Lycoming, Northumberland, Perry, Schuylkill, and Somerset counties of Pennsylvania. The company was founded in 1900 and is headquartered in Harrisburg, Pennsylvania. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/05 14:25
End of Day Share Price2020/06/04 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.