Riverview Bancorp turns to FY26 net loss of $4.34 million; net interest income rises 11% to $40.35 million
Riverview Bancorp, Inc. RVSB | 0.00 |
- Riverview Bancorp swung to a net loss of $4.34 million, or ($0.21) per share, from a profit of $4.9 million, or $0.23.
- Net interest income rose 11% to $40.35 million, lifting net interest margin 32 basis points to 2.86%.
- Non-interest income fell to $2.74 million from $14.26 million, reflecting an $11.4 million pre-tax loss on investment securities sales.
- Non-interest expense climbed to $47.66 million from $44.26 million, while provision for credit losses increased to $1.26 million from 100,000.
- Deposits increased to $1.25 billion from $1.23 billion, while cash and cash equivalents jumped to $116.87 million from $29.41 million.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Riverview Bancorp Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001041368-26-000007), on June 12, 2026, and is solely responsible for the information contained therein.
