Riverview Bancorp (RVSB) to Release Earnings on Thursday

Posted by Karen Miller on Jan 22nd, 2025

Riverview Bancorp (NASDAQ:RVSB – Get Free Report) is expected to be announcing its earnings results before the market opens on Thursday, January 23rd. Analysts expect the company to announce earnings of $0.04 per share and revenue of $12,600.00 billion for the quarter.

Riverview Bancorp (NASDAQ:RVSB – Get Free Report) last released its quarterly earnings data on Thursday, October 24th. The savings and loans company reported $0.07 EPS for the quarter, topping the consensus estimate of $0.04 by $0.03. The company had revenue of $18.78 million for the quarter, compared to the consensus estimate of $12.20 million. Riverview Bancorp had a return on equity of 3.06% and a net margin of 1.47%. On average, analysts expect Riverview Bancorp to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Riverview Bancorp Stock Performance

RVSB stock opened at $5.65 on Wednesday. The company has a debt-to-equity ratio of 0.82, a current ratio of 0.86 and a quick ratio of 0.86. Riverview Bancorp has a 1-year low of $3.30 and a 1-year high of $5.96. The business has a 50-day moving average price of $5.58 and a 200 day moving average price of $4.92. The company has a market capitalization of $119.05 million, a P/E ratio of 113.00 and a beta of 0.78.

Riverview Bancorp Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, January 14th. Stockholders of record on Thursday, January 2nd were given a $0.02 dividend. The ex-dividend date of this dividend was Thursday, January 2nd. This represents a $0.08 annualized dividend and a dividend yield of 1.42%. Riverview Bancorp’s payout ratio is presently 160.00%.

Analyst Upgrades and Downgrades

Separately, StockNews.com assumed coverage on Riverview Bancorp in a research report on Saturday. They set a “hold” rating on the stock.

Check Out Our Latest Analysis on Riverview Bancorp

About Riverview Bancorp

(Get Free Report)

Riverview Bancorp, Inc operates as a bank holding company for Riverview 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.