Overview
* Riverview Bancorp's ( RVSB ) Q2 net income fell to $1.1 mln from $1.6 mln a year ago
* Net interest income increased to $9.8 mln from $8.9 mln in fiscal Q2 2025
* Company adopted a $2.0 mln stock repurchase plan in April 2025
Outlook
* Riverview expects strong loan demand to support growth
* Riverview aims to pursue growth in commercial, industrial, and treasury management sectors
Result Drivers
* HIGHER ASSET YIELDS - Increase in net interest income driven by higher asset yields and loan repricing
* STRONG LOAN PIPELINE - Loan demand remains strong, supported by expansion of lending teams and digital platforms
* CREDIT QUALITY - Maintained strong credit quality with non-performing assets at 0.05% of total assets and no provision for credit losses
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q2 Net 2.76%
Interest
Margin
Analyst Coverage
* The one available analyst rating on the shares is "buy"
* The average consensus recommendation for the banks peer group is "buy"
* Wall Street's median 12-month price target for Riverview Bancorp Inc ( RVSB ) is $7.00, about 26% above its October 27 closing price of $5.18
* The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 19 three months ago
Press Release:
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)