Riverview Bancorp returns to FY27 Q1 profit of $1.7 million; net interest margin widens 56 bps to 3.34% vs FY26 Q1

Reuters2026/07/28 20:46

By:Reuters

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Riverview Bancorp swung to fiscal Q1 profit of $1.7 million, or $0.08 per diluted share, from a $8 million loss in fiscal Q4.
Net interest income rose to $11.4 million from $9.8 million a year earlier; net interest margin widened to 3.34% from 2.78%.
Non-interest income was $3.6 million, versus a $8 million loss in fiscal Q4; non-interest expense climbed to $12.9 million from $11.7 million.
Non-performing assets were 0.59% of total assets; non-performing loans were 0.80% of loans, with no provision booked and $88,000 in recoveries.
Total deposits increased to $1.26 billion; the company had $488.1 million in liquidity and repurchased 438,865 shares for $2.4 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 on July 28, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Riverview Bancorp returns to FY27 Q1 profit of $1.7 million; net interest margin widens 56 bps to 3.34% vs FY26 Q1

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