Riverview Bancorp publishes fiscal Q1 2027 fact sheet
RVSB•Fiscal Q1 2027 fact sheet highlights
- Riverview Bancorp posted its fiscal Q1 2027 fact sheet at www.riverviewbank.com.
- Quarterly net income was $1.7 million; diluted EPS was $0.08; tangible book value per share was $5.86.
- Net interest income was $11.4 million; net interest margin was 3.34%, versus 2.78% a year earlier.
- Non-performing assets were 0.59% of total assets; no provision was booked; recoveries were $88,000.
- The company sold $149.3 million of securities at a 1.62% average yield for a pre-tax loss of $11.4 million; earn-back is expected in under 3.5 years.
