NasdaqGM:RIVE

Stock Analysis Report

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

Fundamentals

Flawless balance sheet with acceptable 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


Market Performance


7 Day Return

6.9%

RIVE

2.7%

US Banks

0.5%

US Market


1 Year Return

-13.1%

RIVE

2.9%

US Banks

6.8%

US Market

Return vs Industry: RIVE underperformed the US Banks industry which returned 2.9% over the past year.

Return vs Market: RIVE underperformed the US Market which returned 6.8% over the past year.


Shareholder returns

RIVEIndustryMarket
7 Day6.9%2.7%0.5%
30 Day8.9%1.1%-0.8%
90 Day15.5%2.7%-0.9%
1 Year-10.2%-13.1%5.8%2.9%9.2%6.8%
3 Year14.6%3.4%52.0%41.5%45.6%36.2%
5 Year15.0%-5.2%69.2%50.7%63.2%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?

18.22x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate RIVE's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate RIVE's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: RIVE is poor value based on its PE Ratio (18.2x) compared to the Banks industry average (12.5x).

PE vs Market: RIVE is poor value based on its PE Ratio (18.2x) compared to the US market (17.7x).


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 (1x) 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?

17.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: RIVE's forecast earnings growth (17.5% per year) is above the savings rate (2.7%).

Earnings vs Market: RIVE's earnings (17.5% per year) are forecast to grow faster than the US market (14.6% per year).

High Growth Earnings: RIVE's earnings are forecast to grow, but not significantly.

Revenue vs Market: Insufficient data to determine if RIVE's revenue is forecast to grow faster than the US market.

High Growth Revenue: Insufficient data to determine if RIVE's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if RIVE's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Riverview Financial performed over the past 5 years?

27.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: RIVE's earnings have grown significantly by 27.8% per year over the past 5 years.

Accelerating Growth: RIVE's earnings growth over the past year (458.8%) exceeds its 5-year average (27.8% per year).

Earnings vs Industry: RIVE earnings growth over the past year (458.8%) exceeded the Banks industry 29.7%.


Return on Equity

High ROE: RIVE's Return on Equity (5.2%) is considered low.


Return on Assets

ROA vs Industry: RIVE's Return on Assets is below or equal to the Banks industry average last year.


Return on Capital Employed

ROCE Improving: Insufficient data to calculate RIVE's Return on Capital Employed to determine if it has improved over the past 3 years.


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 6.361940x 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 (0.55%)


Next Steps

Dividend

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

3.34%

Current Dividend Yield


Dividend Yield vs Market

company3.3%marketbottom25%1.4%markettop25%3.7%industryaverage3.0%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: RIVE's dividend (3.34%) is higher than the bottom 25% of dividend payers in the US market (1.45%).

High Dividend: RIVE's dividend (3.34%) is low compared to the top 25% of dividend payers in the US market (3.73%).

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 (60.8%), 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?

0.8yrs

Average management tenure


CEO

Brett Fulk (50yo)

0.8yrs

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 has recently become CEO, making it difficult to compare their total compensation against companies of similar size in the US market.

Compensation vs Earnings: Brett's compensation has increased by more than 20% in the past year.


Management Age and Tenure

0.8yrs

Average Tenure

59yo

Average Age

Experienced Management: RIVE's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.


Board Age and Tenure

2.9yrs

Average Tenure

56.5yo

Average Age

Experienced Board: RIVE's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.


Insider Trading

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


Recent Insider Transactions

BuyUS$10,00017 Sep 19
Brett Fulk
EntityIndividual
Role
Chief Executive Officer
President
Shares940.27
Max PriceUS$10.64
BuyUS$30,30006 Sep 19
Brett Fulk
EntityIndividual
Role
Chief Executive Officer
President
Shares3,000
Max PriceUS$10.10
BuyUS$3,00003 Sep 19
Brett Fulk
EntityIndividual
Role
Chief Executive Officer
President
Shares300
Max PriceUS$10.00
BuyUS$20,00030 Aug 19
Brett Fulk
EntityIndividual
Role
Chief Executive Officer
President
Shares2,000
Max PriceUS$10.00
BuyUS$51,25029 Aug 19
Brett Fulk
EntityIndividual
Role
Chief Executive Officer
President
Shares5,000
Max PriceUS$10.25
BuyUS$51,81229 Aug 19
Ginger Kunkel
EntityIndividual
Role
Chief Operating Officer
Senior EVP & COO
Shares5,000
Max PriceUS$10.37
BuyUS$10,09727 Aug 19
Joseph Kerwin
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares1,000
Max PriceUS$10.10
BuyUS$2,02016 Aug 19
Maureen Gathagan
EntityIndividual
Role
Member of the Board of Directors
Director
Shares200
Max PriceUS$10.10
BuyUS$7,51016 Aug 19
Howard Greenawalt
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares751
Max PriceUS$10.00
BuyUS$1,14005 Jun 19
Maureen Gathagan
EntityIndividual
Role
Member of the Board of Directors
Director
Shares100
Max PriceUS$11.40
BuyUS$19,98821 Feb 19
Brett Fulk
EntityIndividual
Role
Chief Executive Officer
President
Shares1,712
Max PriceUS$11.68
BuyUS$27,63713 Feb 19
Brett Fulk
EntityIndividual
Role
Chief Executive Officer
President
Shares2,784.89
Max PriceUS$9.92
BuyUS$4,03111 Feb 19
Maureen Gathagan
EntityIndividual
Role
Member of the Board of Directors
Director
Shares330
Max PriceUS$12.22
BuyUS$19,50031 Jan 19
Albert Evans
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares1,625
Max PriceUS$12.00
BuyUS$13,65029 Jan 19
Timothy Resh
EntityIndividual
Role
Member of the Board of Directors
Director
Shares1,050
Max PriceUS$13.00
BuyUS$4,26216 Jan 19
Kirk Fox
EntityIndividual
Shares318.92
Max PriceUS$13.40
BuyUS$12,02116 Jan 19
Brett Fulk
EntityIndividual
Role
Chief Executive Officer
President
Shares915
Max PriceUS$13.40
BuyUS$4,45330 Oct 18
Maureen Gathagan
EntityIndividual
Role
Member of the Board of Directors
Director
Shares340
Max PriceUS$13.10

Ownership Breakdown


Management Team

  • Scott Seasock (61yo)

    Senior EVP & CFO

    • Tenure: 3.2yrs
    • Compensation: US$244.45k
  • Steven Ehrlich (57yo)

    Senior Executive VP & Chief Strategy Officer

    • Tenure: 0.6yrs
  • Melinda Aungst

    Corporate Secretary

    • Tenure: 0yrs
  • Rick Ogden (61yo)

    Senior EVP & Chief Risk Officer

    • Tenure: 0yrs
  • Brett Fulk (50yo)

    President

    • Tenure: 0.8yrs
    • Compensation: US$612.85k
  • Ginger Kunkel

    Senior EVP & COO

    • Tenure: 0.8yrs

Board Members

  • Bill Wood (71yo)

    Director

    • Tenure: 2yrs
    • Compensation: US$50.75k
  • John Soult (55yo)

    Chairman of the Board

    • Tenure: 1yrs
    • Compensation: US$47.25k
  • Kevin McMillen (70yo)

    Director

    • Tenure: 2yrs
    • Compensation: US$45.75k
  • David Hoover (58yo)

    Vice Chairman of the Board

    • Tenure: 2yrs
    • Compensation: US$57.75k
  • Joseph Kerwin (55yo)

    Independent Director

    • Tenure: 10.8yrs
    • Compensation: US$41.75k
  • Brett Fulk (50yo)

    President

    • Tenure: 0.8yrs
    • Compensation: US$612.85k
  • Mike Greenawalt (66yo)

    Independent Director

    • Tenure: 7.6yrs
    • Compensation: US$43.25k
  • B.J. Evans (51yo)

    Independent Director

    • Tenure: 5.9yrs
    • Compensation: US$38.25k
  • Tim Resh (65yo)

    Director

    • Tenure: 3.8yrs
    • Compensation: US$38.25k
  • Maureen Gathagan (45yo)

    Director

    • Tenure: 2yrs
    • Compensation: US$41.75k

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$109.921m
  • Shares outstanding: 9.17m
  • 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  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/21 00:35
End of Day Share Price2019/10/18 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.