Riverview Bancorp, Inc. (RVSB) Reports In-Line Q3 EPS

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Go back to Riverview Bancorp, Inc. (RVSB) Reports In-Line Q3 EPS

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

January 26, 2023 4:00 PM EST

VANCOUVER, Wash., Jan. 26, 2023 (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 third fiscal quarter ended December 31, 2022, which was unchanged compared to the second fiscal quarter ended September 30, 2022. Earnings were $5.5 million, or $0.25 per diluted share, in the third fiscal quarter a year ago, which included a $1.3 million recapture of a provision for loan losses.

In the first nine months of fiscal 2023, net income was $15.1 million, or $0.69 per diluted share, compared to $17.7 million, or $0.80 per diluted... More