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Stock impact report

Riverview Bancorp Reports Record First Quarter 2019 Net Income of $4.4 Million Highlighted by Strong Loan Growth and Net Interest Margin Expansion

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., July 24, 2018 (GLOBE NEWSWIRE) -- Riverview Bancorp, Inc. (Nasdaq:RVSB) (“Riverview” or the “Company”) today reported net income increased to $4.4 million, or $0.20 per diluted share, in its first fiscal quarter ended June 30, 2018, compared to $2.7 million, or $0.12 per diluted share, in the first fiscal quarter a year ago. In the preceding quarter net income was $3.0 million, or $0.13 per diluted share. “We started fiscal year 2019 with a record first quarter and our momentum continues to build,” said Kevin Lycklama, president and chief executive officer. “Our financial performance was fueled by strong revenue generation and solid loan growth. As we look to the rest of the fiscal year, we will continue to focus on improving profitability while looking for growth opportunities in and around our surrounding markets that benefit both our customers and shareholders.” Show less Read more
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