Riverview Bancorp Reports Net Income of $1.2 Million in First Fiscal Quarter 2026

Riverview Bancorp, Inc., headquartered in Vancouver, Washington, has released its financial results for the first fiscal quarter of 2026, ending June 30, 2025. The company reported a net income of $1.2 million, or $0.06 per diluted share, marking a slight increase from the previous quarter and the same period last year.

Financial Highlights

Riverview Bancorp's financial performance for the first fiscal quarter of 2026 showed several key metrics:

• Net interest income increased to $9.8 million, up from $8.8 million in the same quarter last year.
• Net interest margin (NIM) improved to 2.78%, compared to 2.47% in the first fiscal quarter of 2025.
• Non-interest income remained stable at $3.4 million.
• Non-interest expense rose to $11.7 million, compared to $11.0 million in the same quarter last year.
• Tangible book value per share increased to $6.43, up from $6.09 a year ago.

Business and Operational Highlights

The company highlighted its inclusion in the Russell 2000® Index, which underscores its progress in strengthening its franchise and delivering long-term value to shareholders. Riverview Bancorp also noted a strong loan pipeline and continued loan demand in its growing markets in Southwest Washington and Northwest Oregon.

Strategic Initiatives and Corporate Developments

During the first quarter, Riverview Bancorp began implementing a three-year strategic plan focused on sustainable growth, expanding digital capabilities, and leveraging data for strategic business decisions. The company also paid a cash dividend of $0.02 per share on July 22, 2025, and adopted a new $2.0 million stock repurchase plan on April 29, 2025.

Management's Perspective

Nicole Sherman, President and CEO, emphasized the company's focus on enhancing operational performance and being the financial partner of choice for clients. She highlighted the company's efforts to strengthen its commercial and business banking teams, which have contributed to an increased loan pipeline.

Future Outlook

Looking ahead, Riverview Bancorp anticipates continued loan demand and plans to pursue growth opportunities across its commercial & industrial, business banking, and treasury management platforms. The company remains committed to improving operating efficiency while making targeted investments in talent and technology.

SEC Filing: RIVERVIEW BANCORP INC [ RVSB ] - 8-K - Aug. 04, 2025