Riverview Bancorp Reports Earnings for Third Fiscal Quarter 2018 Pre-Tax Income increases 72% Year-Over-Year
Riverview Bancorp Inc (RVSB)
Last riverview bancorp inc earnings: 1/23 04:14 pm
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US:NASDAQ Investor Relations:
investors.riverviewbank.com
Company Research
Source: GlobeNewswire
VANCOUVER, Wash., Jan. 25, 2018 (GLOBE NEWSWIRE) -- Riverview Bancorp, Inc. (Nasdaq:RVSB) (“Riverview” or the “Company”) today reported net income of $1.5 million, or $0.07 per diluted share, in its third fiscal quarter ended December 31, 2017. This compares to net income of $3.1 million, or $0.14 per diluted share, in the preceding quarter and net income of $2.0 million, or $0.09 per diluted share, in the third fiscal quarter a year ago. Net income was impacted during the current quarter due to a valuation adjustment of the Company’s net deferred tax asset along with the use of a lower blended tax rate, which resulted in an additional net income tax expense of $1.8 million, or $0.08 per diluted share. Pre-tax income for the third fiscal quarter of 2018 was $5.1 million, which was a $449,000, or 9.6%, increase compared to the preceding quarter and a $2.1 million, or 71.8%, increase from the year ago quarter. In the first nine months of fiscal year 2018, Riverview’s net income incre
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RVSB
Earnings
- 4/25/24 - Miss
RVSB
Analyst Actions
- 2/26/24 - TheStreet
RVSB
Sec Filings
- 3/1/24 - Form 4
- 2/27/24 - Form 4
- 2/23/24 - Form 4
- RVSB's page on the SEC website