Riverview Bancorp - RVSB Stock Forecast, Price & News

Riverview Bancorp's stock was trading at $7.69 at the beginning of the year. Since then, RVSB shares have decreased by 18.6% and is now trading at $6.26.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, October 27th 2022.
View our RVSB earnings forecast.

Riverview Bancorp, Inc. (NASDAQ:RVSB) released its earnings results on Thursday, July, 28th. The savings and loans company reported $0.21 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.03. The savings and loans company earned $15.79 million during the quarter, compared to analysts' expectations of $15.30 million. Riverview Bancorp had a net margin of 32.69% and a trailing twelve-month return on equity of 13.06%.

Riverview Bancorp announced a quarterly dividend on Monday, October 3rd. Shareholders of record on Thursday, October 13th will be paid a dividend of $0.06 per share on Monday, October 24th. This represents a $0.24 annualized dividend and a dividend yield of 3.83%. The ex-dividend date of this dividend is Wednesday, October 12th.
Read our dividend analysis for RVSB.

Riverview Bancorp (NASDAQ:RVSB) pays an annual dividend of $0.24 per share and currently has a dividend yield of 3.72%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 25.53%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RVSB will have a dividend payout ratio of 28.57% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for RVSB.

1 employees have rated Riverview Bancorp Chief Executive Officer Patrick Sheaffer on Glassdoor.com. Patrick Sheaffer has an approval rating of 100% among the company's employees. This puts Patrick Sheaffer in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Riverview Bancorp investors own include Western Union (WU), Enterprise Products Partners (EPD), Huntington Bancshares (HBAN), KeyCorp (KEY), People's United Financial (PBCT), Regions Financial (RF), Verizon Communications (VZ), Walgreens Boots Alliance (WBA), Wells Fargo & Company (WFC) and AbbVie (ABBV).

Riverview Bancorp trades on the NASDAQ under the ticker symbol "RVSB."

Shares of RVSB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of RVSB stock can currently be purchased for approximately $6.26.

Riverview Bancorp (NASDAQ:RVSB) has a market capitalization of $143.60 million and generates $62.57 million in revenue each year. The savings and loans company earns $21.82 million in net income (profit) each year or $0.94 on an earnings per share basis.

The company employs 232 workers across the globe.

Riverview Bancorp's mailing address is 900 Washington St. Ste. 900, Vancouver WA, 98660. The official website for the company is www.riverviewbank.com. The savings and loans company can be reached via phone at (360) 693-6650, via email at kevinlycklama@riverviewbank.com, or via fax at 360-693-6275.