Riverview Bancorp, Inc. (RVSB) Tops Q2 EPS by 2c

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Riverview Bancorp Earns $5.2 Million in Second Fiscal Quarter 2023; Results Highlighted by Net Interest Margin Expansion

October 27, 2022 4:00 PM EDT

VANCOUVER, Wash., Oct. 27, 2022 (GLOBE NEWSWIRE) -- Riverview Bancorp, Inc. (Nasdaq GSM: RVSB) (Riverview or the Company) today reported earnings of $5.2 million, or $0.24 per diluted share, in the second fiscal quarter ended September 30, 2022, compared to $4.7 million, or $0.21 per diluted share, in the preceding quarter and $6.4 million, or $0.29 per diluted share, in the second fiscal quarter a year ago.

In the first six months of fiscal 2023, net income was $9.8 million, or $0.45 per diluted share, compared to $12.2 million, or $0.55 per diluted share, in the first six months of fiscal 2022. Year-to-date fiscal 2023 results included no provision... More