Analysts at StockNews.com initiated coverage on shares of Riverview Bancorp (NASDAQ:RVSB – Get Free Report) in a report released on Saturday. The brokerage set a “hold” rating on the savings and loans company’s stock.
Riverview Bancorp Stock Up 1.7 %
Shares of RVSB stock opened at $4.71 on Friday. The firm’s fifty day moving average price is $4.62 and its two-hundred day moving average price is $4.31. Riverview Bancorp has a 1 year low of $3.30 and a 1 year high of $6.57. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.92. The firm has a market capitalization of $99.43 million, a P/E ratio of 26.17 and a beta of 0.77.
Riverview Bancorp (NASDAQ:RVSB – Get Free Report) last released its 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. The business had revenue of $18.78 million for the quarter, compared to analyst estimates of $12.20 million. Riverview Bancorp had a return on equity of 3.69% and a net margin of 2.86%. On average, equities analysts predict that Riverview Bancorp will post 0.16 EPS for the current fiscal year.
Institutional Investors Weigh In On Riverview Bancorp
Riverview Bancorp Company Profile
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.
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