Riverview Bancorp Inc reports results for the quarter ended December 31 - Earnings Summary

Riverview Bancorp

31/01/2025 12:00

* Riverview Bancorp Inc  RVSB.OQ  reported quarterly
adjusted
earnings of 6 cents​​ per share for the quarter ended December
31, lower than the same quarter last year, when the company
reported EPS of 7 cents.  The lone analyst forecast for the
quarter was for earnings of 4 cents per share. 
    * Revenue rose 2.8% to $12.73 million from a year ago;
analysts
expected $12.60 million. 
    * Riverview Bancorp Inc's reported EPS for the quarter was 6
cents​.
    * The company reported quarterly net income of $1.23
million.
    * Riverview Bancorp Inc shares had fallen by 1.6% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the banks peer
group is
also "buy"

Wall Street's median 12-month price target for Riverview Bancorp
Inc is $5.25 
This summary was machine generated from LSEG data January 31 at
11:59 a.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.04           0.06           Beat
 Sep. 30 2024      0.04           0.07           Beat
 Jun. 30 2024      0.06           0.05           Missed
 Mar. 31 2024      0.03           -0.14          Missed