Recent Updates — RVSB
Riverview Bancorp reported net income of $1.7 million, or $0.08 per diluted share, for the fiscal first quarter ended June 30, 2026, a significant improvement from an $8.0 million loss in the prior quarter and $1.2 million in the same period last year. Net interest income rose to $11.4 million with a net interest margin of 3.34%, driven by higher loan yields and strategic balance sheet optimization that included selling $149.3 million in lower-yielding securities. Non-interest expense increased to $12.9 million due to technology investments, while non-performing assets stood at 0.59% of total assets with no provision for credit losses recorded. The company also disclosed a cash dividend payment of $0.02 per share made on July 21, 2026, to shareholders of record as of July 9, 2026. Riverview Bancorp operates in the banking industry, providing community banking services through its subsidiary Riverview Bank.