David Nierenberg's investment firm discloses 5% stake in regional lender Riverview Bancorp

Riverview Bancorp

21/08/2024 20:46

Aug 21 (Reuters) - David Nierenberg, founder of
Nierenberg Investment Management Company, disclosed a 5% stake
in regional U.S. lender Riverview Bancorp  RVSB.O  on Wednesday.
    Nierenberg, in a filing with the U.S. Securities and
Exchange Commission, said the bank's securities are
significantly undervalued and represent an "attractive"
investment opportunity.

 (Reporting by Manya Saini in Bengaluru; Editing by Shilpi
Majumdar)
 ((Manya.Saini@thomsonreuters.com; X: manya__saini;))