Riverview Bancorp Q4 net loss driven by securities sale

Riverview Bancorp

28/04/2026 13:13

Overview

US community bank's fiscal Q4 net loss driven by securities sale for balance sheet optimization

Fiscal Q4 net interest income and margin rose yr/yr on higher asset yields

Company adopted $4 mln stock repurchase plan, repurchased 130,059 shares in quarter

Outlook

Company expects strategic optimization to add 25 basis points to net interest margin annually

Riverview expects optimization to add about $0.13 to EPS annually once fully realized

Company says loan pipeline remains strong and profitability is positioned to improve

Result Drivers

SECURITIES SALE LOSS - Strategic balance sheet optimization led to $11.4 mln pre-tax loss from sale of lower-yielding investment securities

HIGHER ASSET YIELDS - Net interest income and margin rose yr/yr due to higher yields on earning assets from new loan growth and loan repricing

CREDIT QUALITY DETERIORATION - Increase in nonperforming loans and net charge-offs driven by one hospitality borrower

Company press release: ID:nGNX74fKQN

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 EPS
-$0.39
Q4 Net Income
-$8 mln
Q4 Net Interest Income
$10.2 mln
Q4 Allowance for Loan losses
$15.2 mln
Q4 Net Interest Margin
2.92%


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 27.3% above its April 27 closing price of $5.50

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

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)