RIVERVIEW BANCORP INC SEC 10-Q Report

Riverview Bancorp Inc., a regional financial services company primarily operating in Washington and Oregon, has released its Form 10-Q report for the third quarter of 2025. The report provides a detailed overview of the company's financial performance and operational highlights for the three months ended September 30, 2025. Financial Highlights Total Interest and Dividend Income: Riverview Bancorp reported a total interest and dividend income of $15.372 million for the three months ended September 30, 2025. This marks an increase from $14.942 million in the same period in 2024, driven by higher interest and fees on loans receivable.Net Interest Income: The company's net interest income rose to $9.781 million for the three months ended September 30, 2025, up from $8.942 million in the same period in 2024. This improvement indicates better interest income relative to interest expense.Net Income: Riverview Bancorp's net income for the three months ended September 30, 2025, was $1.099 million, compared to $1.557 million in the same period in 2024. The decrease is attributed to higher non-interest expenses.Basic EPS: The basic earnings per share (EPS) for the three months ended September 30, 2025, was $0.05, down from $0.07 in the same period in 2024, consistent with the decrease in net income.Diluted EPS: Similarly, the diluted EPS was $0.05 for the three months ended September 30, 2025, compared to $0.07 in the same period in 2024, reflecting the impact of reduced net income on earnings per share. Business Highlights Revenue Segments: The company reported that interest and fees on loans receivable were a significant source of income, with notable contributions from investment securities and other interest and dividends. This indicates a diversified revenue stream within the financial services sector.Geographical Performance: Riverview Bancorp's business activities are primarily concentrated in the states of Washington and Oregon, suggesting a strong regional focus. This geographical concentration may influence the company's operational strategies and risk management practices.Sales Units: The loan portfolio showed a mix of commercial and consumer loans, with commercial real estate and business loans being the largest segments. This reflects the company's emphasis on supporting local businesses and real estate development.Future Outlook: The management anticipates a continued focus on maintaining a strong loan portfolio and managing credit risk effectively. The company is also likely to leverage its regional presence to capitalize on local economic conditions.SEC Filing: RIVERVIEW BANCORP INC [ RVSB ] - 10-Q - Nov. 07, 2025