Brief: Riverview Bancorp Inc - Reclassifies Entire Htm Securities To Afs Securities

Riverview Bancorp

25/03/2026 13:02

Riverview Bancorp Inc RVSB.O:

RIVERVIEW BANCORP INC - RECLASSIFIES ENTIRE HTM SECURITIES TO AFS SECURITIES

RIVERVIEW BANCORP INC - SELLS $149.3 MILLION IN SECURITIES FOR ESTIMATED PRE-TAX LOSS OF $11.4 MILLION

RIVERVIEW BANCORP INC - NO ADDITIONAL CAPITAL NEEDED; RIVERVIEW REMAINS WELL-CAPITALIZED

RIVERVIEW BANCORP INC - OPTIMIZATION EXPECTED TO ADD 25 BPS TO NET INTEREST MARGIN AND $0.13 TO EPS ANNUALLY

RIVERVIEW BANCORP INC - OPTIMIZATION NOT EXPECTED TO IMPACT ACTIVE STOCK BUYBACK

RIVERVIEW BANCORP INC - TO REINVEST PROCEEDS INTO HIGHER-YIELDING BONDS, LOANS, PAY DOWN BORROWINGS, OR HOLD CASH

Source text: ID:nGNX7kVKLz

Further company coverage: RVSB.O