Riverview Bancorp Reports Q2 2026 Financial Results

Riverview Bancorp, Inc. reported its Q2 2026 financial results, showing a net income of $1.1 million ($0.05 per diluted share), a slight decrease from the previous year. Key highlights include a net interest income of $9.8 million, an increase in net interest margin to 2.76%, and a tangible book value per share of $6.51. The company experienced significant growth in its loan pipeline, reaching $78.5 million. Riverview Bancorp continues to focus on sustainable growth and digital innovation while maintaining strong capital levels and stable deposits.

Riverview Bancorp, Inc., headquartered in Vancouver, Washington, has released its financial results for the second fiscal quarter of 2026, ending September 30, 2025. The company reported a net income of $1.1 million, or $0.05 per diluted share, reflecting a slight decrease from the previous quarter and the same quarter last year.

Financial Highlights

For the second fiscal quarter of 2026, Riverview Bancorp reported:

Net income of $1.1 million, or $0.05 per diluted share.
Net interest income of $9.8 million, up from $8.9 million in the same quarter last year.
Net interest margin (NIM) of 2.76%, an increase from 2.46% in the same quarter last year.
Non-interest income of $3.8 million, consistent with the same quarter last year.
Non-interest expense of $12.2 million, up from $10.7 million in the same quarter last year.
Tangible book value per share of $6.51, up from $6.33 a year ago.

Business and Operational Highlights

Riverview Bancorp has seen significant growth in its loan pipeline, which reached $78.5 million at the end of the quarter, compared to $43.5 million a year ago. New loan originations during the quarter totaled $56.4 million, nearly double the amount from the previous quarter. The company also reported stable deposit balances and strong capital levels.

Strategic Initiatives and Corporate Developments

During the quarter, Riverview Bancorp continued to execute its three-year strategic plan focused on sustainable growth, digital innovation, and data empowerment. The company also paid a quarterly cash dividend of $0.02 per share and repurchased shares under its $2.0 million stock repurchase plan.

Management's Perspective

Nicole Sherman, President and CEO, emphasized the company's focus on driving return on assets, unlocking revenue opportunities, and improving operational efficiency. She highlighted the meaningful results from investments in talent and technology, particularly within the commercial and business banking segments.

Future Outlook

Looking ahead, Riverview Bancorp remains committed to pursuing growth across its commercial and industrial, business banking, and treasury management platforms. The company aims to maintain a clear focus on efficiency and long-term value creation.

Original SEC Filing: RIVERVIEW BANCORP INC [ RVSB ] - 8-K - Nov. 03, 2025

Disclaimer

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.