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Riverview Bancorp Inc

Riverview Bancorp Inc (RVSB)

4.73
-0.17
(-3.47%)
Closed March 18 04:00PM
4.68
-0.05
(-1.06%)
After Hours: 07:59PM

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RVSB News

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RVSB Discussion

View Posts
Hitman970 Hitman970 4 years ago
Bullish reversal 4.23
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Hitman970 Hitman970 4 years ago
Buy RVSB 5.09
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Hitman970 Hitman970 5 years ago
Load under 8$
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clokisticking clokisticking 6 years ago
Wow ... manipulation at its finest ... 2 shares at $8.35
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Pocket9s Pocket9s 6 years ago
PT 11.25
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Pocket9s Pocket9s 6 years ago
Time to load and hold!
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Pocket9s Pocket9s 7 years ago
8K
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Pocket9s Pocket9s 7 years ago
RVSB bull $
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Jdvarner Jdvarner 7 years ago
Nothing. Let them keep selling and we keep buying!!!!
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clokisticking clokisticking 7 years ago
WHY ARE SHAREHOLDERS SELLING OUT SOOOOOO CHEAP ??? This companies quarterly reports keep getting better and better and they continue to pay dividends quarter after quarter .... what am I missing ???
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genlou genlou 7 years ago

Riverview Bancorp Earns $1.7 Million in Second Quarter; Highlighted by Announced Deal with MBank
Thu October 27, 2016 4:00 PM|GlobeNewswire | About: RVSB


VANCOUVER, Wash., Oct. 27, 2016 (GLOBE NEWSWIRE) -- Riverview Bancorp, Inc. (Nasdaq:RVSB) (“Riverview” or the “Company”) today reported net income of $1.7 million, or $0.07 per diluted share, in the second fiscal quarter ended September 30, 2016, the same as in the second quarter one year ago. In the preceding quarter, Riverview earned $1.7 million, or $0.08 per diluted share. In the first six months of fiscal 2017, net income increased to $3.4 million, or $0.15 per diluted share, compared to $3.2 million, or $0.14 per diluted share, in the first six months of fiscal 2016.

“The second fiscal quarter was highlighted by the announcement of our purchase and assumption agreement with MBank,” commented Pat Sheaffer, chairman and chief executive officer. “We are excited about the opportunity this transaction will offer to our company, clients, staff and shareholders. This transaction fits well into our strategy of further expanding our presence in the Portland market, where we currently have two branches and 48% of our commercial lending, and provides substantial EPS accretion in the first full year. With strong capital, improving asset quality and continued profitability, we believe this transaction will further enhance shareholder value and allow us to capitalize on opportunities in our market.”

The announced transaction is expected to close in the quarter ending March 31, 2017.

Second Quarter Highlights (at or for the period ended September 30, 2016)

Net income of $1.7 million, or $0.07 per diluted share.
Net interest margin remained strong at 3.70%.
Net revenues increased 13.8% to $10.7 million in F2Q17 compared to F2Q16.
Net loans increased $21.0 million, or 3.4% (13.5% on an annualized basis).
Loan originations were $78.6 million during the second fiscal quarter.
Total deposits increased $49.3 million, or 6.2% (24.8% on an annualized basis).
Non-performing assets declined to 0.29% of total assets.
Total risk-based capital ratio was 16.05% and Tier 1 leverage ratio was 10.95%.
Declared quarterly cash dividend of $0.02 per share, generating a current dividend yield of 1.4%.
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Pocket9s Pocket9s 8 years ago
Should see a buyout.
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Pocket9s Pocket9s 8 years ago
Huge volume of recent...
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genlou genlou 8 years ago
RVSB 5.13
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OGSPECULATOR OGSPECULATOR 8 years ago
Volume signal, load and hold!
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genlou genlou 9 years ago
Riverview Bancorp Earnings Increase to $1.6 Million in First Fiscal Quarter; Led by On-Going Credit Quality Improvements
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OGSPECULATOR OGSPECULATOR 9 years ago
Volume Alert!
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genlou genlou 9 years ago
https://www.depositaccounts.com/banks/riverview-community-bank.html
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genlou genlou 9 years ago
Riverview Bancorp Earnings Increase to $1.5 Million in Fourth Fiscal Quarter; Led by Credit Quality Improvements and Net Interest Margin Expansion
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genlou genlou 9 years ago
OGSPECULATOR,
Riverview Bancorp, Inc. (Nasdaq:RVSB) ("Riverview" or the "Company") today announced its Board of Directors has declared a quarterly cash dividend of $0.01125 per share. The dividend will be payable April 21, 2015, to shareholders of record April 6, 2015.

"We are pleased to be able to resume paying a quarterly cash dividend to our shareholders, who have been very loyal over the years," stated Pat Sheaffer, Chairman and CEO. "The cash dividend reflects Riverview's commitment to return value to its shareholders. It is also a testament to the strength of the core banking activities and financial performance of our franchise. The cash dividend represents a payout of 23% for our third fiscal quarter and a dividend yield of 1.01%"

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OGSPECULATOR OGSPECULATOR 9 years ago
Form 4!!!$$$
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OGSPECULATOR OGSPECULATOR 9 years ago
Congrats to all shareholders here!!!
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genlou genlou 9 years ago
4.74 $5.00 is just around the corner.
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genlou genlou 9 years ago
WOW!
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OGSPECULATOR OGSPECULATOR 9 years ago
4.76$
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OGSPECULATOR OGSPECULATOR 9 years ago
NSDQ bidding for 25k shares at 4.40!
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OGSPECULATOR OGSPECULATOR 9 years ago
Form 4 today!!!$
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genlou genlou 9 years ago
Nice ... RVSB earned .05 share last quarter.
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genlou genlou 9 years ago
$4.53
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OGSPECULATOR OGSPECULATOR 9 years ago
Another filing!
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OGSPECULATOR OGSPECULATOR 9 years ago
SC13G$
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OGSPECULATOR OGSPECULATOR 9 years ago
Someone just loaded the last 5 mins.
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genlou genlou 9 years ago
OGSPECULATOR, great another profitable quarter.
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OGSPECULATOR OGSPECULATOR 9 years ago
Volume alert loading zone$$$
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OGSPECULATOR OGSPECULATOR 9 years ago
Welcome Bradley Carlson!!! Form 3!!!
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genlou genlou 9 years ago
Looking good,OGSPECULATOR.
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OGSPECULATOR OGSPECULATOR 9 years ago
4.32 HOD!$$$
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genlou genlou 9 years ago
OGSPECULAR,RVSB is looking good today.
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genlou genlou 9 years ago
OGSPECULATOR, $4.20.
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56Chevy 56Chevy 9 years ago
There is a lot to like about RVSB in this report genlou but one bullet point that really stands out for me is this one:

-- Nonperforming assets decreased $3.5 million during the quarter to $15.4 million (18.6% decline). Getting rid of the dead weight in large chunks like this will really put the shine back on this bank.

Any potential acquirers out there looking at this bank will love it as well!

Marker:
Riverview Bancorp (RVSB)
$3.90 up 0.02 (0.52%)
Volume: 164,751



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genlou genlou 9 years ago

VANCOUVER, Wash., Oct 28, 2014 (GLOBE NEWSWIRE via COMTEX) -- Riverview Bancorp, Inc. (Nasdaq:RVSB) ("Riverview" or the "Company") today reported that it earned $1.1 million, or $0.05 per diluted share, in the second fiscal quarter ended September 30, 2014, compared to $740,000, or $0.03 per diluted share, in the previous quarter and $341,000, or $0.02 per diluted share, in the second fiscal quarter a year ago.

"In the first half of fiscal 2015, we have generated solid results on virtually every metric with improving profitability, strengthening asset quality, growth in loans and deposits, and better operating efficiencies," stated Pat Sheaffer, Chairman and CEO. "As the regional economic recovery continues to build, we are seeing increasing demand for loans and financial services from business owners and retail customers throughout the greater Vancouver and Portland markets that we serve. We believe that our franchise is starting to generate forward momentum and we are encouraged by the outlook for our business in the next few years."

Second Quarter Highlights (at or for the period ended September 30, 2014)

-- Second quarter net income was $1.1 million, or $0.05 per diluted share.

-- Net loans increased to $540.8 million, compared to $509.4 million a year ago (6.2% increase).

-- Non-interest bearing checking account balances increased to $145.1 million, compared to $118.1 million a year ago (22.9% increase).

-- Classified assets decreased $8.5 million during the quarter to $25.2 million (25.1% decline).

-- Nonperforming assets decreased $3.5 million during the quarter to $15.4 million (18.6% decline).

-- Total risk-based capital ratio was 16.78% and Tier 1 lever
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OGSPECULATOR OGSPECULATOR 9 years ago
Buy signal confirmed by today's volume! Chase this to 4.20!
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OGSPECULATOR OGSPECULATOR 9 years ago
Whale buyer today!!!
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OGSPECULATOR OGSPECULATOR 9 years ago
5 PT IMO
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€LL-$G7$ €LL-$G7$ 9 years ago
catch this at 3.45 imo or lower , getting topy

G7
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genlou genlou 9 years ago
looking good
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OGSPECULATOR OGSPECULATOR 9 years ago
Volume alert!$$$
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genlou genlou 9 years ago
Looking forward to earnings.
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OGSPECULATOR OGSPECULATOR 9 years ago
Loading zone folks$$$
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OGSPECULATOR OGSPECULATOR 9 years ago
4.00$ congrats to all longs!
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