Riverview Bancorp (RVSB) to Release Earnings on Thursday

Riverview Bancorp (NASDAQ:RVSB) is expected to announce its earnings results before the market opens on Thursday, January 23rd. Analysts expect the company to announce earnings of $0.04 per share and revenue of $12,600.00 billion for the quarter.

Riverview Bancorp (NASDAQ:RVSB) last released its quarterly earnings results on Thursday, October 24th. The savings and loans company reported $0.07 EPS for the quarter, topping analysts’ consensus estimates 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 net margin of 1.47% and a return on equity of 3.06%. 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 Stock Performance

NASDAQ RVSB opened at $5.64 on Tuesday. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.82. Riverview Bancorp has a 12-month low of $3.30 and a 12-month high of $5.98. The firm has a 50-day moving average price of $5.56 and a two-hundred day moving average price of $4.90. The company has a market capitalization of $118.83 million, a P/E 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. Shareholders of record on Thursday, January 2nd were paid a dividend of $0.02 per share. The ex-dividend date of this dividend was Thursday, January 2nd. This represents a $0.08 dividend on an annualized basis and a yield of 1.42%. Riverview Bancorp’s dividend payout ratio (DPR) is presently 160.00%.

Analyst Ratings Changes

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

About Riverview Bancorp

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.