Riverview Bancorp (RVSB) Projected to Post Quarterly Earnings on Thursday

Riverview Bancorp (NASDAQ:RVSBGet Free Report) will likely be posting its quarterly earnings results before the market opens on Thursday, January 23rd. Analysts expect Riverview Bancorp to post earnings of $0.04 per share and revenue of $12,600.00 billion for the quarter.

Riverview Bancorp (NASDAQ:RVSBGet Free Report) last announced its quarterly earnings results on Thursday, October 24th. The savings and loans company reported $0.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.04 by $0.03. Riverview Bancorp had a return on equity of 3.06% and a net margin of 1.47%. The company had revenue of $18.78 million during the quarter, compared to the consensus estimate of $12.20 million. On average, analysts expect Riverview Bancorp to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Riverview Bancorp Price Performance

Shares of RVSB opened at $5.64 on Tuesday. The stock has a 50 day simple moving average of $5.56 and a 200 day simple moving average of $4.90. Riverview Bancorp has a 52-week low of $3.30 and a 52-week high of $5.98. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.86 and a current ratio of 0.86. The firm has a market capitalization of $118.83 million, a PE ratio of 112.80 and a beta of 0.78.

Riverview Bancorp Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, January 14th. Stockholders of record on Thursday, January 2nd were given a dividend of $0.02 per share. This represents a $0.08 annualized dividend and a dividend yield of 1.42%. The ex-dividend date of this dividend was Thursday, January 2nd. Riverview Bancorp’s dividend payout ratio is 160.00%.

Analyst Upgrades and Downgrades

Separately, StockNews.com initiated coverage on Riverview Bancorp in a report on Saturday. They set a “hold” rating for the company.

View Our Latest Report on Riverview Bancorp

About Riverview Bancorp

(Get Free Report)

Riverview Bancorp, Inc operates as a bank holding company for Riverview Bank that provides commercial banking services to small and medium size businesses, professionals, and wealth building individuals. It offers a range of deposit products, including demand deposits, negotiable order of withdrawal accounts, money market accounts, savings accounts, certificates of deposit, and retirement savings plans.

Further Reading

Earnings History for Riverview Bancorp (NASDAQ:RVSB)

Receive News & Ratings for Riverview Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Riverview Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.