Riverview Bancorp FY27 Q1 net income rises 41.67% to $1.7 million; net interest margin widens 56 basis points to 3.34%
RVSB•Quarterly results and margin improvement
Riverview Bancorp posted net income of $1.7 million, or $0.08 per diluted share, for the quarter ended June 30, 2026.
Net interest income rose to $11.4 million, up 16.33% year over year; net interest margin widened 56 basis points to 3.34%.
Income, expenses and balance sheet metrics
Non-interest income edged up to $3.6 million, a 5.65% increase, led by higher asset management fees and service charges.
Non-interest expense climbed to $12.9 million, up 10.26%, driven by higher salaries and benefits and increased technology spending.
Total deposits were $1.26 billion at June 30, 2026; nonperforming assets were $8.7 million, or 0.59% of total assets.
