Riverview Bancorp Reports Fourth Fiscal Quarter 2024 and Fiscal Year 2024 Financial Results; Announces Balance Sheet Restructuring [Yahoo! Finance]
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: Yahoo! Finance
late in the fourth fiscal quarter of 2024 it strategically restructured a portion of its balance sheet by selling approximately $46.2 million of its investment securities portfolio and utilizing the proceeds totaling $43.5 million from the sale of these lower-yielding investment securities to repay higher-cost Federal Home Loan Bank of Des Moines (“FHLB”) advances. The total pre-tax loss of this transaction was $2.7 million, with a tax benefit of $655,000, resulting in an after-tax impact of $2.1 million, or $0.10 per diluted share impact to diluted earnings per share. “Given the challenging interest rate environment, we believed it was prudent to take this opportunity to restructure the balance sheet as we look toward the future. Together these transactions will improve our future profitability by decreasing both our high-cost debt and our low-yielding assets,” stated Dan Cox, Chief Operating Officer, Acting President and Chief Executive Officer. “In addition to lowering our cost o
Show less
Read more
Impact Snapshot
Event Time:
RVSB
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
RVSB alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
RVSB alerts
High impacting Riverview Bancorp Inc news events
Weekly update
A roundup of the hottest topics
RVSB
News
- Riverview Bancorp, Inc. (NASDAQ: RVSB) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Is Riverview Bancorp (RVSB) Stock Undervalued Right Now? [Yahoo! Finance]Yahoo! Finance
- Riverview Bancorp: Fiscal Q4 Earnings Snapshot [Yahoo! Finance]Yahoo! Finance
- Riverview Bancorp Reports Fourth Fiscal Quarter 2024 and Fiscal Year 2024 Financial Results; Announces Balance Sheet RestructuringGlobeNewswire
- Four Days Left To Buy Riverview Bancorp, Inc. (NASDAQ:RVSB) Before The Ex-Dividend Date [Yahoo! Finance]Yahoo! Finance
RVSB
Earnings
- 4/25/24 - Miss
RVSB
Analyst Actions
- 2/26/24 - TheStreet
RVSB
Sec Filings
- 5/2/24 - Form 4
- 5/2/24 - Form 4
- 5/2/24 - Form 4
- RVSB's page on the SEC website