RVSB Stock Overview
Riverview Bancorp, Inc. operates as the savings and loan holding company for Riverview Community Bank that provides commercial banking services to small and medium size businesses, professionals, and wealth building individuals.
Riverview Bancorp Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$7.70|
|52 Week High||US$8.22|
|52 Week Low||US$5.08|
|1 Month Change||0.52%|
|3 Month Change||3.91%|
|1 Year Change||44.20%|
|3 Year Change||4.62%|
|5 Year Change||0.13%|
|Change since IPO||16.77%|
Recent News & Updates
Riverview Bancorp (NASDAQ:RVSB) Will Pay A Dividend Of US$0.055
The board of Riverview Bancorp, Inc. ( NASDAQ:RVSB ) has announced that it will pay a dividend on the 17th of January...
Riverview Bancorp (NASDAQ:RVSB) Will Pay A Larger Dividend Than Last Year At US$0.055
The board of Riverview Bancorp, Inc. ( NASDAQ:RVSB ) has announced that it will be increasing its dividend on the 19th...
|RVSB||US Mortgage||US Market|
Return vs Industry: RVSB exceeded the US Mortgage industry which returned -12.6% over the past year.
Return vs Market: RVSB exceeded the US Market which returned 4.2% over the past year.
|RVSB Average Weekly Movement||2.9%|
|Mortgage Industry Average Movement||3.7%|
|Market Average Movement||6.7%|
|10% most volatile stocks in US Market||15.5%|
|10% least volatile stocks in US Market||2.4%|
Stable Share Price: RVSB is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: RVSB's weekly volatility (3%) has been stable over the past year.
About the Company
Riverview Bancorp, Inc. operates as the savings and loan holding company for Riverview Community Bank that provides commercial banking services to small and medium size businesses, professionals, and wealth building individuals. It offers a range of deposit products, including demand deposits, negotiable order of withdrawal accounts, money market accounts, savings accounts, certificates of deposit, and retirement savings plans. The company also provides commercial business, commercial and residential real estate, multi-family real estate, land, and real estate construction loans; and consumer loans, such as one-to-four family mortgage loans, home equity lines of credit, land loans, and other secured and unsecured consumer loans.
Riverview Bancorp Fundamentals Summary
|RVSB fundamental statistics|
Is RVSB overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|RVSB income statement (TTM)|
|Cost of Revenue||US$0|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.89|
|Net Profit Margin||31.22%|
How did RVSB perform over the long term?See historical performance and comparison
2.9%Current Dividend Yield
Is Riverview Bancorp undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: RVSB ($7.7) is trading below our estimate of fair value ($14.56)
Significantly Below Fair Value: RVSB is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: RVSB is good value based on its PE Ratio (8.7x) compared to the US Mortgage industry average (12.3x).
PE vs Market: RVSB is good value based on its PE Ratio (8.7x) compared to the US market (16.5x).
Price to Earnings Growth Ratio
PEG Ratio: RVSB's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: RVSB's PB Ratio (1.1x) is in line with the US Mortgage industry average.
How is Riverview Bancorp forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RVSB's earnings are forecast to decline over the next 3 years (-8.5% per year).
Earnings vs Market: RVSB's earnings are forecast to decline over the next 3 years (-8.5% per year).
High Growth Earnings: RVSB's earnings are forecast to decline over the next 3 years.
Revenue vs Market: RVSB's revenue (0.4% per year) is forecast to grow slower than the US market (9.1% per year).
High Growth Revenue: RVSB's revenue (0.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if RVSB's Return on Equity is forecast to be high in 3 years time
How has Riverview Bancorp performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RVSB has high quality earnings.
Growing Profit Margin: RVSB's current net profit margins (31.2%) are higher than last year (20.6%).
Past Earnings Growth Analysis
Earnings Trend: RVSB's earnings have grown by 12.9% per year over the past 5 years.
Accelerating Growth: RVSB's earnings growth over the past year (95.5%) exceeds its 5-year average (12.9% per year).
Earnings vs Industry: RVSB earnings growth over the past year (95.5%) exceeded the Mortgage industry 32%.
Return on Equity
High ROE: RVSB's Return on Equity (12.3%) is considered low.
How is Riverview Bancorp's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: RVSB's Assets to Equity ratio (10.7x) is moderate.
Allowance for Bad Loans: RVSB has a sufficient allowance for bad loans (3367%).
Low Risk Liabilities: 97% of RVSB's liabilities are made up of primarily low risk sources of funding.
Loan Level: RVSB has an appropriate level of Loans to Assets ratio (52%).
Low Risk Deposits: RVSB's Loans to Deposits ratio (60%) is appropriate.
Level of Bad Loans: RVSB has an appropriate level of bad loans (0.1%).
What is Riverview Bancorp current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: RVSB's dividend (2.86%) is higher than the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: RVSB's dividend (2.86%) is low compared to the top 25% of dividend payers in the US market (3.61%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, RVSB has been paying a dividend for less than 10 years.
Growing Dividend: RVSB's dividend payments have increased, but the company has only paid a dividend for 7 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (23.3%), RVSB's dividend payments are well 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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Kevin Lycklama (43 yo)
Mr. Kevin J. Lycklama is President and Chief Executive Officer of Riverview BanCorp, Inc., and Riverview Community Bank since April 2, 2018. He served as Director at Riverview Community Bank since March 31...
CEO Compensation Analysis
Compensation vs Market: Kevin's total compensation ($USD834.98K) is about average for companies of similar size in the US market ($USD1.14M).
Compensation vs Earnings: Kevin's compensation has been consistent with company performance over the past year.
Experienced Management: RVSB's management team is considered experienced (4.2 years average tenure).
Experienced Board: RVSB's board of directors are considered experienced (4.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: RVSB insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Riverview Bancorp, Inc.'s employee growth, exchange listings and data sources
- Name: Riverview Bancorp, Inc.
- Ticker: RVSB
- Exchange: NasdaqGS
- Founded: 1923
- Industry: Thrifts and Mortgage Finance
- Sector: Banks
- Implied Market Cap: US$170.668m
- Shares outstanding: 22.16m
- Website: https://www.riverviewbank.com
Number of Employees
- Riverview Bancorp, Inc.
- 900 Washington Street
- Suite 900
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/01/23 23:22|
|End of Day Share Price||2022/01/21 00:00|
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.