Riverview Financial
Market Cap
US$110.5m
Last Updated
2019/12/12 00:24 UTC
Data Sources
Company Financials
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 with solid track record.
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 has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
2.3%
RIVE
1.2%
US Banks
0.8%
US Market
1 Year Return
-4.5%
RIVE
22.1%
US Banks
17.8%
US Market
Return vs Industry: RIVE underperformed the US Banks industry which returned 22.1% over the past year.
Return vs Market: RIVE underperformed the US Market which returned 17.8% over the past year.
Shareholder returns
| RIVE | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.3% | 1.2% | 0.8% |
| 30 Day | 3.7% | 0.9% | 1.8% |
| 90 Day | 6.6% | 9.2% | 4.1% |
| 1 Year | -0.7%-4.5% | 25.7%22.1% | 20.4%17.8% |
| 3 Year | 15.4%4.6% | 31.9%22.7% | 45.9%36.4% |
| 5 Year | 13.4%-7.1% | 75.8%56.2% | 68.1%49.6% |
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
5 days ago | Simply Wall St
It Might Not Be A Great Idea To Buy Riverview Financial Corporation (NASDAQ:RIVE) For Its Next Dividend1 week ago | Simply Wall St
Does Riverview Financial Corporation (NASDAQ:RIVE) Have A Good P/E Ratio?3 weeks ago | Simply Wall St
Is Riverview Financial Corporation (NASDAQ:RIVE) At Risk Of Cutting Its Dividend?Valuation
Is Riverview Financial undervalued compared to its fair value and its price relative to the market?
20.06x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: RIVE ($12.03) is trading above our estimate of fair value ($0.75)
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 (20.1x) compared to the Banks industry average (12.7x).
PE vs Market: RIVE is poor value based on its PE Ratio (20.1x) compared to the US market (18.4x).
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 (0.9x) compared to the US Banks industry average (1.2x).
Next Steps
Future Growth
How is Riverview Financial forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
0.5%
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
- Check out Riverview Financial's track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.
- Explore growth companies in the Banks industry.
Past Performance
How has Riverview Financial performed over the past 5 years?
32.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RIVE has high quality earnings.
Growing Profit Margin: RIVE's current net profit margins (11.2%) are higher than last year (6.9%).
Past Earnings Growth Analysis
Earnings Trend: RIVE's earnings have grown significantly by 32.6% per year over the past 5 years.
Accelerating Growth: RIVE's earnings growth over the past year (58.4%) exceeds its 5-year average (32.6% per year).
Earnings vs Industry: RIVE earnings growth over the past year (58.4%) exceeded the Banks industry 27.1%.
Return on Equity
High ROE: RIVE's Return on Equity (4.7%) is considered low.
Return on Assets
Return on Capital Employed
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
Inventory Level: RIVE has a low level of unsold assets or inventory.
Debt Coverage by Assets: RIVE's debt is covered by short term assets (assets are 4.7x debt).
Financial Institutions Analysis
Asset Level: RIVE's level of assets compared to its equity is low.
Allowance for Bad Loans: RIVE has a sufficient allowance for bad loans.
Low Risk Liabilities: RIVE's liabilities are made up of primarily low risk sources of funding.
Loan Level: RIVE has an acceptable proportion of non-loan assets held.
Low Risk Deposits: RIVE's loans are broadly funded by customer deposits.
Level of Bad Loans: RIVE has an appropriate level of bad loans (0.65%)
Next Steps
Dividend
What is Riverview Financial's current dividend yield, its reliability and sustainability?
2.66%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: RIVE's dividend (2.66%) is higher than the bottom 25% of dividend payers in the US market (1.43%).
High Dividend: RIVE's dividend (2.66%) is low compared to the top 25% of dividend payers in the US market (3.72%).
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 (63.4%), 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
What is the CEO of Riverview Financial's salary, the management and board of directors tenure and is there insider trading?
0.9yrs
Average management tenure
CEO
Brett Fulk (50yo)
0.9yrs
Tenure
US$612,850
Compensation
Mr. Brett D. Fulk has been the President and Director of Riverview Financial Corporation and Riverview Bank since June 30, 2015. He is Chief Executive Officer of Riverview Financial Corporation and Rivervi ...
CEO Compensation Analysis
Compensation vs Market: Brett's total compensation ($USD612.85K) is about average for companies of similar size in the US market ($USD530.45K).
Compensation vs Earnings: Brett's compensation has increased by more than 20% in the past year.
Management Age and Tenure
0.9yrs
Average Tenure
59yo
Average Age
Experienced Management: RIVE's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.
Board Age and Tenure
4.0yrs
Average Tenure
56.5yo
Average Age
Experienced Board: RIVE's board of directors are considered experienced (4 years average tenure).
Insider Trading
Insider Buying: RIVE insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 2,000 |
| Max Price | US$11.20 |
| Entity | Individual |
| Role | Chief Executive Officer President |
| Shares | 940.27 |
| Max Price | US$10.64 |
| Entity | Individual |
| Role | Chief Executive Officer President |
| Shares | 3,000 |
| Max Price | US$10.10 |
| Entity | Individual |
| Role | Chief Executive Officer President |
| Shares | 300 |
| Max Price | US$10.00 |
| Entity | Individual |
| Role | Chief Executive Officer President |
| Shares | 2,000 |
| Max Price | US$10.00 |
| Entity | Individual |
| Role | Chief Executive Officer President |
| Shares | 5,000 |
| Max Price | US$10.25 |
| Entity | Individual |
| Role | Chief Operating Officer Senior EVP & COO |
| Shares | 5,000 |
| Max Price | US$10.37 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 1,000 |
| Max Price | US$10.10 |
| Entity | Individual |
| Shares | 200 |
| Max Price | US$10.10 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 751 |
| Max Price | US$10.00 |
| Entity | Individual |
| Shares | 100 |
| Max Price | US$11.40 |
| Entity | Individual |
| Role | Chief Executive Officer President |
| Shares | 1,712 |
| Max Price | US$11.68 |
| Entity | Individual |
| Role | Chief Executive Officer President |
| Shares | 2,784.89 |
| Max Price | US$9.92 |
| Entity | Individual |
| Shares | 330 |
| Max Price | US$12.22 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 1,625 |
| Max Price | US$12.00 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 1,050 |
| Max Price | US$13.00 |
| Entity | Individual |
| Shares | 318.92 |
| Max Price | US$13.40 |
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Management Team
Scott Seasock (61yo)
Senior EVP & CFO
- Tenure: 3.3yrs
- Compensation: US$244.45k
Steven Ehrlich (57yo)
Senior Executive VP & Chief Strategy Officer
- Tenure: 0.8yrs
Melinda Aungst
Corporate Secretary
- Tenure: 0yrs
Rick Ogden (61yo)
Senior EVP & Chief Risk Officer
- Tenure: 0yrs
Brett Fulk (50yo)
President
- Tenure: 0.9yrs
- Compensation: US$612.85k
Ginger Kunkel
Senior EVP & COO
- Tenure: 0.9yrs
Board Members
Bill Wood (71yo)
Independent Director
- Tenure: 2.2yrs
- Compensation: US$50.75k
John Soult (55yo)
Chairman of the Board
- Tenure: 1.2yrs
- Compensation: US$47.25k
Kevin McMillen (70yo)
Independent Director
- Tenure: 2.2yrs
- Compensation: US$45.75k
David Hoover (58yo)
Vice Chairman of the Board
- Tenure: 2.2yrs
- Compensation: US$57.75k
Joseph Kerwin (55yo)
Independent Director
- Tenure: 11yrs
- Compensation: US$41.75k
Brett Fulk (50yo)
President
- Tenure: 0.9yrs
- Compensation: US$612.85k
Mike Greenawalt (66yo)
Independent Director
- Tenure: 7.8yrs
- Compensation: US$43.25k
B.J. Evans (51yo)
Independent Director
- Tenure: 6.1yrs
- Compensation: US$38.25k
Tim Resh (65yo)
Independent Director
- Tenure: 4yrs
- Compensation: US$38.25k
Carl Metzgar (37yo)
Independent Director
- Tenure: 4yrs
- Compensation: US$39.75k
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$110.488m
- Shares outstanding: 9.18m
- Website: https://www.riverviewbankpa.com
Number of Employees
Location
- Riverview Financial Corporation
- 3901 North Front Street
- Harrisburg
- Pennsylvania
- 17110
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| RIVE | NasdaqGM (Nasdaq Global Market) | Yes | New Common Stock | US | USD | Nov 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 ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/12/12 00:24 |
| End of Day Share Price | 2019/12/11 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
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.