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India

Riverview Bancorp Inc (RVSB.OQ)

RVSB.OQ on NASDAQ Stock Exchange Global Select Market

8.80USD
21 Nov 2017
Change (% chg)

$0.02 (+0.23%)
Prev Close
$8.78
Open
$8.78
Day's High
$8.83
Day's Low
$8.74
Volume
22,719
Avg. Vol
28,042
52-wk High
$9.05
52-wk Low
$5.73

Latest Key Developments (Source: Significant Developments)

Riverview Bancorp reports Q2 earnings $0.14/shr
Friday, 27 Oct 2017 

Oct 26 (Reuters) - Riverview Bancorp Inc :Riverview Bancorp earnings increase to $3.1 million in second fiscal quarter 2018; results highlighted by strong net interest income and improved operating efficiencies.Q2 earnings per share $0.14.Riverview Bancorp - qtrly net interest income increased $2.6 million, or 33%, to $10.7 million compared to $8.1 million last year​.  Full Article

Riverview Community Bank and Mbank announce signing of a purchase and assumption agreement
Thursday, 29 Sep 2016 

Riverview Bancorp Inc : Riverview Community Bank and Mbank announce signing of a purchase and assumption agreement . Riverview will acquire certain assets of Mbank, including approximately $130 million in net loans and will assume certain liabilities . Riverview Bancorp Inc says transaction is expected to be accretive to earnings in first full year . All Mbank locations will continue to operate as Mbank branches until transaction is completed . Deal includes approximately $128 million of Mbank's customer deposits . Agreement also provides that Riverview Bancorp will assume obligations of Merchants Bancorp's trust preferred securities .Following transaction, no banking services will be provided by Mbank..  Full Article

Maltese Capital Management LLC reports 5.66 pct passive stake in Riverview Bancorp
Friday, 12 Aug 2016 

Riverview Bancorp Inc : Maltese Capital Management LLC reports 5.66 pct passive stake in Riverview Bancorp as of August 5, 2016 - SEC Filing Source - http://bit.ly/2bb5Op9 Further company coverage: [RVSB.O] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Riverview Bancorp earnings increase to $1.7 million in Q1
Wednesday, 27 Jul 2016 

Riverview Bancorp Inc : Riverview Bancorp earnings increase to $1.7 million in first quarter; results highlighted by solid loan growth and an expanding net interest margin . Q1 earnings per share $0.08 . Net interest income for first fiscal quarter increased to $7.8 million compared to $7.4 million in preceding quarter . No provision for loan losses during Q1 2017 compared to a $350,000 recapture of loan losses during preceding quarter .Net interest margin improved seven basis points to 3.74% for Q1.  Full Article

Riverview Bancorp Inc declares quarterly cash dividend
Monday, 28 Mar 2016 

Riverview Bancorp Inc:Has declared a quarterly cash dividend of $0.02 per share.Dividend will be payable April 25 to shareholders of record date as on April 11.  Full Article

Riverview Bancorp declares quarterly cash dividend
Monday, 21 Dec 2015 

Riverview Bancorp Inc:Declared a quarterly cash dividend of $0.0175 per share.Dividend will be payable January 19, 2016, to shareholders of record January 5, 2016.  Full Article

BRIEF-Riverview Bancorp reports Q2 earnings $0.14/shr

* Riverview Bancorp earnings increase to $3.1 million in second fiscal quarter 2018; results highlighted by strong net interest income and improved operating efficiencies