Riverview Bancorp (RVSB) to Release Earnings on Thursday

Riverview Bancorp (NASDAQ:RVSB - Get Free Report) is expected to release its earnings data before the market opens on Thursday, January 23rd. Analysts expect Riverview Bancorp to post earnings of $0.04 per share and revenue of $12,600.00 billion for the quarter.

Riverview Bancorp (NASDAQ:RVSB - Get Free Report) last posted its quarterly earnings results on Thursday, October 24th. The savings and loans company reported $0.07 EPS for the quarter, topping the consensus estimate of $0.04 by $0.03. Riverview Bancorp had a net margin of 1.47% and a return on equity of 3.06%. The company had revenue of $18.78 million during the quarter, compared to analysts' expectations of $12.20 million. On average, analysts expect Riverview Bancorp to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Riverview Bancorp Price Performance

Shares of RVSB remained flat at $5.63 during midday trading on Thursday. 48,594 shares of the stock were exchanged, compared to its average volume of 32,179. The firm has a market capitalization of $118.62 million, a P/E ratio of 112.60 and a beta of 0.78. The business has a fifty day moving average price of $5.53 and a two-hundred day moving average price of $4.87. Riverview Bancorp has a fifty-two week low of $3.30 and a fifty-two week high of $5.98. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.86 and a current ratio of 0.86.

Riverview Bancorp Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, January 14th. Investors of record on Thursday, January 2nd were issued a $0.02 dividend. This represents a $0.08 annualized dividend and a yield of 1.42%. The ex-dividend date of this dividend was Thursday, January 2nd. Riverview Bancorp's dividend payout ratio (DPR) is presently 160.00%.

Analyst Upgrades and Downgrades

Separately, StockNews.com began coverage on shares of Riverview Bancorp in a research note on Friday, January 10th. They issued a "hold" rating for the company.

About Riverview Bancorp

Riverview Bancorp, Inc operates as a bank holding company for Riverview Bank that provides commercial banking services to small and medium size businesses, professionals, and wealth building individuals. It offers a range of deposit products, including demand deposits, negotiable order of withdrawal accounts, money market accounts, savings accounts, certificates of deposit, and retirement savings plans.