Riverview Bancorp Reports Fourth Quarter Earnings; Fiscal Year 2018 Earnings Increase 38% 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., April 26, 2018 (GLOBE NEWSWIRE) -- Riverview Bancorp, Inc. (Nasdaq GSM:RVSB) (“Riverview” or the “Company”) today reported net income increased to $3.0 million, or $0.13 per diluted share, in its fourth fiscal quarter ended March 31, 2018, compared to $2.0 million, or $0.09 per diluted share, in the fourth fiscal quarter a year ago. In the preceding quarter net income was $1.5 million, or $0.07 per diluted share. The preceding quarter’s net income was impacted 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 tax expense of $1.8 million, or $0.08 per diluted share. For fiscal year 2018, Riverview’s net income increased to $10.2 million, or $0.45 per diluted share, compared to $7.4 million, or $0.33 per diluted share, in fiscal year 2017. “We are pleased with our financial performance for the fiscal year,” said Kevin Lycklama, president and chief executive officer.
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News
- Four Days Left To Buy Riverview Bancorp, Inc. (NASDAQ:RVSB) Before The Ex-Dividend Date [Yahoo! Finance]Yahoo! Finance
- Riverview Bancorp (NASDAQ:RVSB) Has Announced A Dividend Of $0.06 [Yahoo! Finance]Yahoo! Finance
- Riverview Bancorp Declares Quarterly Cash Dividend of $0.06 Per ShareGlobeNewswire
- Several Insiders Invested In Riverview Bancorp Flagging Positive News [Yahoo! Finance]Yahoo! Finance
- Riverview Bancorp, Inc. (NASDAQ: RVSB) was downgraded by analysts at TheStreet from a "b-" rating to a "c+" rating.MarketBeat
RVSB
Earnings
- 1/25/24 - 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