Riverview Bancorp | 10-Q: FY2026 Q2 Revenue: USD 19.21 M

Revenue: As of FY2026 Q2, the actual value is USD 19.21 M.

EPS: As of FY2026 Q2, the actual value is USD 0.05, missing the estimate of USD 0.06.

EBIT: As of FY2026 Q2, the actual value is USD -8.386 M, missing the estimate of USD 1.8 M.

Commercial Business Loans: $227.6 million as of September 30, 2025, compared to $232.9 million as of March 31, 2025.
Commercial Real Estate Loans: $602.9 million as of September 30, 2025, compared to $592.2 million as of March 31, 2025.
Consumer Loans: $120.9 million as of September 30, 2025, compared to $112.1 million as of March 31, 2025.

Net Income: $1.1 million for the three months ended September 30, 2025, compared to $1.6 million for the same period in 2024. For the six months ended September 30, 2025, net income was $2.3 million compared to $2.5 million for the same period in 2024.
Net Interest Income: $9.8 million for the three months ended September 30, 2025, compared to $8.9 million for the same period in 2024. For the six months ended September 30, 2025, net interest income was $19.6 million compared to $17.8 million for the same period in 2024.
Net Interest Margin: 2.76% for the three months ended September 30, 2025, compared to 2.46% for the same period in 2024. For the six months ended September 30, 2025, net interest margin was 2.77% compared to 2.46% for the same period in 2024.

Operating Cash Flow: $16.1 million for the six months ended September 30, 2025, compared to $6.2 million for the same period in 2024.
Free Cash Flow: Not explicitly stated.

Nonperforming Assets: $776,000 or 0.05% of total assets at September 30, 2025, compared to $155,000 or 0.01% of total assets at March 31, 2025.
Allowance for Credit Losses (ACL): $15.4 million or 1.44% of total loans at September 30, 2025, compared to $15.4 million or 1.45% of total loans at March 31, 2025.

Loan Portfolio Expansion: The Company remains focused on expanding its loan portfolio, particularly higher-yielding commercial and construction loans, and growing its core deposit base by deepening client relationships throughout its primary market areas.
Maintaining Strong Asset Quality: The Company believes that strong asset quality is a key to long-term financial success and intends to manage credit exposure using experienced bankers and a conservative approach to lending.
Introduction of New Products and Services: The Company continuously reviews new products and services to provide its clients with more financial options, including enhancing digital banking capabilities and expanding asset management services through the Trust Company.

Exploratory Efforts: The Company seeks to expand its banking franchise through de novo branch development, selective acquisitions of branches or loan portfolios, and whole bank transactions that align with its strategic and financial goals.

Core Deposits and Client Relationships: The Company continues to prioritize the growth of core deposits over higher-cost funding sources, such as brokered deposits, FHLB advances, and FRB borrowings. This approach supports loan growth while helping to manage interest expense and reduce reliance on more volatile wholesale funding sources.

The Company plans to continue focusing on core deposits and on building client relationships rather than relying on wholesale funding sources.
The Company anticipates having sufficient funds available to meet its commitments, including $130.4 million in total commitments as of September 30, 2025.