Riverview Bancorp Inc reports results for the quarter ended in March - Earnings Summary

Riverview Bancorp

29/04/2022 24:03

* Riverview Bancorp Inc  RVSB.OQ  reported quarterly
adjusted
earnings of 19 cents​​ per share for the quarter ended in March.
The lone analyst forecast for the quarter was for earnings of 19
cents per share.
    * Revenue rose 5.8% to $14.84 million from a year ago; 
analysts
expected $14.90 million. 
    * Riverview Bancorp Inc's reported EPS for the quarter was
19
cents​.
    * The mean earnings estimate of analysts had fallen by
about 9.5%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Riverview Bancorp Inc shares had fallen by 6.6% this
quarter and
lost 8.3% so far this year.
    * The company reported quarterly net income of $4.13
million.
    * Wall Street's median 12-month price target for Riverview
Bancorp
Inc is $8.50 
    * 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." 

This summary was machine generated April 28 at 11:03 p.m.  ​All
figures in US dollars unless otherwise stated