Riverview Bancorp (RVSB) Projected to Post Quarterly Earnings on Thursday

Posted by Adam Masters on Jan 22nd, 2025

Riverview Bancorp (NASDAQ:RVSB – Get Free Report) will likely be releasing its earnings data before the market opens on Thursday, January 23rd. Analysts expect Riverview Bancorp to post 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 results on Thursday, October 24th. The savings and loans company reported $0.07 earnings per share for the quarter, beating the consensus estimate of $0.04 by $0.03. The company had revenue of $18.78 million for the quarter, compared to analyst estimates 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 Up 0.2 %

NASDAQ RVSB opened at $5.65 on Wednesday. Riverview Bancorp has a 52 week low of $3.30 and a 52 week high of $5.96. The firm has a market capitalization of $119.05 million, a price-to-earnings ratio of 113.00 and a beta of 0.78. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.82. The company has a fifty day moving average of $5.58 and a two-hundred day moving average of $4.92.

Riverview Bancorp Dividend Announcement

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

Analysts Set New Price Targets

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

Read Our Latest Research Report 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.