Riverview Bancorp Management
Management criteria checks 2/4
Riverview Bancorp's CEO is Nicole Sherman, appointed in Jun 2024, has a tenure of 1.33 years. total yearly compensation is $1.48M, comprised of 21.5% salary and 78.5% bonuses, including company stock and options. directly owns 0.77% of the company’s shares, worth $836.29K. The average tenure of the management team and the board of directors is 2.2 years and 6.5 years respectively.
Key information
Nicole Sherman
Chief executive officer
US$1.5m
Total compensation
| CEO salary percentage | 21.51% |
| CEO tenure | 1.3yrs |
| CEO ownership | 0.8% |
| Management average tenure | 2.2yrs |
| Board average tenure | 6.5yrs |
Recent management updates
Recent updates
Riverview Bancorp (NASDAQ:RVSB) Has Affirmed Its Dividend Of $0.02
Jun 30
Riverview Bancorp Has Little Room Left To Run
May 11Riverview Bancorp (NASDAQ:RVSB) Has Announced That Its Dividend Will Be Reduced To $0.02
Jul 01Riverview Bancorp (NASDAQ:RVSB) Has Affirmed Its Dividend Of $0.06
Apr 04Riverview Bancorp (NASDAQ:RVSB) Is Paying Out A Dividend Of $0.06
Jul 04Riverview Bancorp (NASDAQ:RVSB) Is Paying Out A Dividend Of $0.06
Apr 05Riverview Bancorp's (NASDAQ:RVSB) Dividend Will Be $0.06
Oct 07Riverview Bancorp declares $0.06 dividend
Oct 03Riverview Bancorp (NASDAQ:RVSB) Has Announced That It Will Be Increasing Its Dividend To US$0.06
Jun 28Riverview Bancorp (NASDAQ:RVSB) Will Pay A Dividend Of US$0.055
Dec 26Riverview Bancorp (NASDAQ:RVSB) Will Pay A Larger Dividend Than Last Year At US$0.055
Sep 30Riverview Bancorp's (NASDAQ:RVSB) Dividend Will Be US$0.05
Jun 28CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2025 | n/a | n/a | US$5m |
| Mar 31 2025 | US$1m | US$319k | US$5m |
Compensation vs Market: Nicole's total compensation ($USD1.48M) is above average for companies of similar size in the US market ($USD607.94K).
Compensation vs Earnings: Insufficient data to compare Nicole's compensation with company performance.
CEO
Nicole Sherman (54 yo)
Ms. Nicole B. Sherman is President & Chief Executive Officer of Riverview Bank from July 1, 2024. She served as Director of Riverview Bank from July 1, 2024. Ms. Sherman joined the Riverview Bank on July 1...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President & CEO | 1.3yrs | US$1.48m | 0.77% $ 836.3k | |
| Executive VP & COO | 2.2yrs | US$458.68k | 0.32% $ 348.8k | |
| President and Chief Executive Officer of Riverview Trust Company | no data | US$540.65k | 0.055% $ 60.2k | |
| Executive VP & CFO | 8.3yrs | US$341.19k | 0.37% $ 404.8k | |
| Executive VP & Chief Lending Officer of Riverview Bank | 7.6yrs | no data | no data | |
| Executive VP & Chief Credit Officer | 2.2yrs | no data | 0.22% $ 237.5k | |
| Executive VP & Chief Retail and Digital Engagement Officer | less than a year | no data | 0.036% $ 39.4k | |
| Senior VP & Director of Finance | less than a year | no data | no data | |
| VP & Corporate Secretary | no data | no data | no data | |
| Senior VP & Controller | less than a year | no data | no data | |
| Executive VP & Chief Lending Officer | 2.2yrs | no data | 0.060% $ 65.1k |
Experienced Management: RVSB's management team is considered experienced (2.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Chairman of the Board & Lead Independent Director | 16.1yrs | US$73.10k | 0.91% $ 993.5k | |
| Independent Vice Chairman | 14.8yrs | US$53.30k | 0.21% $ 234.4k | |
| Independent Director | 10.8yrs | US$43.50k | 0.11% $ 116.8k | |
| Independent Director | 3.1yrs | US$49.00k | 0.042% $ 45.9k | |
| Independent Director | 6.5yrs | US$51.40k | 0.13% $ 137.5k | |
| Independent Director | 4.9yrs | US$54.70k | 0.044% $ 47.7k | |
| Independent Director | 3.8yrs | US$47.50k | 0.048% $ 52.9k |
Experienced Board: RVSB's board of directors are considered experienced (6.5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/10/05 22:59 |
| End of Day Share Price | 2025/10/03 00:00 |
| Earnings | 2025/06/30 |
| Annual Earnings | 2025/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Riverview Bancorp, Inc. is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David Feaster | Raymond James & Associates |
| Kevin Reynolds | Wunderlich Securities Inc. |