Riverview Bancorp's Q2 net income falls, interest income rises

Riverview Bancorp

28/10/2025 20:11

Overview

Riverview Bancorp's Q2 net income fell to $1.1 mln from $1.6 mln a year ago

Net interest income increased to $9.8 mln from $8.9 mln in fiscal Q2 2025

Company adopted a $2.0 mln stock repurchase plan in April 2025

Outlook

Riverview expects strong loan demand to support growth

Riverview aims to pursue growth in commercial, industrial, and treasury management sectors

Result Drivers

HIGHER ASSET YIELDS - Increase in net interest income driven by higher asset yields and loan repricing

STRONG LOAN PIPELINE - Loan demand remains strong, supported by expansion of lending teams and digital platforms

CREDIT QUALITY - Maintained strong credit quality with non-performing assets at 0.05% of total assets and no provision for credit losses

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Net Interest Margin
2.76%


Analyst Coverage

The one available analyst rating on the shares is "buy"

The average consensus recommendation for the banks peer group is "buy"

Wall Street's median 12-month price target for Riverview Bancorp Inc is $7.00, about 26% above its October 27 closing price of $5.18

The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 19 three months ago

Press Release: ID:nGNX5rS4VS

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)