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Stock impact report

Riverview Bancorp Earns $4.2 Million in Second Fiscal Quarter 2019; Results Include Robust Loan Growth and Improved Operating Efficiencies

Riverview Bancorp Inc (RVSB) 
Last riverview bancorp inc earnings: 1/23 04:14 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.riverviewbank.com
Company Research Source: GlobeNewswire
VANCOUVER, Wash., Oct. 25, 2018 (GLOBE NEWSWIRE) -- Riverview Bancorp, Inc. (Nasdaq GSM: RVSB) (“Riverview” or the “Company”) today reported net income increased 38% to $4.2 million, or $0.19 per diluted share, in its second fiscal quarter ended September 30, 2018, compared to $3.1 million, or $0.14 per diluted share, in the second fiscal quarter a year ago. In the preceding quarter net income was $4.4 million, or $0.20 per diluted share. “During the second quarter, we continued to improve our operating performance, with strong loan origination, solid net interest income and a healthy net interest margin,” said Kevin Lycklama, president and chief executive officer. “Our continued financial success reflects the hard work and commitment of our team in serving our customers and expanding our franchise. As we look to the future, we are in pursuit of growth opportunities, both organically and through strategic partnerships, while remaining focused on profitability and increasing shareho Show less Read more
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