Riverview Bancorp, Inc. (RVSB)

Riverview Bancorp announced a stock repurchase program on April 29, 2025, authorizing the repurchase of up to $2.0 million of its common stock. The company has consistently declared quarterly cash dividends of $0.02 per share. Riverview Bancorp reported a net income of $1.2 million for the first fiscal quarter of 2026 on July 29, 2025, surpassing Q1 earnings estimates. In the quarter ended June 2025, RVSB delivered earnings and revenue surprises. The stock was added to the Russell 2000 Index on July 1, 2025. Over the last six months, the RVSB stock price has decreased.

Riverview Bancorp, Inc. is subject to seasonal trends in the banking industry. Loan demand typically experiences annual lows in late January and February, followed by a surge from March through May or early June. Demand remains relatively flat through the summer months until October. From October through early January, the financial services sector generally experiences a steady increase in business, with increased demand for investment services in December and early January.

Riverview Bancorp, Inc. operates as a holding company for Riverview Bank and Riverview Trust Company, offering community banking services to businesses, professionals, and individuals. The company provides deposit products like demand deposits, money market accounts, and certificates of deposit, as well as loan products including commercial business, real estate, and consumer loans. Additionally, they offer mortgage brokerage, loan servicing, and asset management services.

Riverview Bancorp, Inc. is headquartered in Vancouver, Washington, with a strong presence in southwest Washington and the Portland Metro area. The company operates 17 branches across Washington and Oregon, along with three lending centers. Its primary market areas include Clark, Klickitat, and Skamania counties in Washington, and Multnomah, Washington, and Marion counties in Oregon, with specific operating locations in both states.

Riverview Bancorp, Inc. maintains a positive brand reputation, particularly within its local operating areas. The company has been recognized as the "Best Bank" by the readers of The Vancouver Business Journal and The Columbian for 11 consecutive years. Despite a leadership change in June 2024, the company has effectively managed its reputation. Riverview Bank emphasizes its mission to be a true partner in its communities, fostering relationships with genuine care and exceptional service.

Institutional investors hold approximately 73.13% of Riverview Bancorp, Inc.'s shares, with major holders including BlackRock, Inc., Nierenberg Investment Management Company, Inc., and Vanguard Group Inc. Ancora Advisors LLC is the largest individual shareholder, owning 13.02% of the company's shares, with other significant individual insider shareholders including Martin S. Friedman and Patrick Sheaffer.