RIVERVIEW BANCORP INC — Form 8-K
Filed July 29, 2026 · analyzed by the 8-K Agent
8-K
▲ Likely positive
significance 28/100
What the filing says
Riverview Bancorp reported Q1 FY2027 net income of $1.7M ($0.08 diluted EPS) on $11.4M net interest income. Net interest margin improved 56bp YoY to 3.34%, driven by March 2026 balance sheet optimization: $149.3M securities sale and reclassification of HTM to AFS securities, which contributed ~26bp to NIM and $0.04 to EPS. Non-performing loans rose to $8.7M (0.80% of loans) from $143K (0.01%) a year prior; classified assets jumped to $29.9M from $10.8M; no provision recorded vs. $1.2M prior quarter. Tangible book value per share increased to $5.86 from $5.76 sequentially. Dividend: $0.02/share paid July 21, 2026.
Why this rating
Margin expansion and profitability recovery are positive, but material credit deterioration (NPLs up 60x YoY, classified assets 3x higher) and small absolute earnings ($1.7M ≈ 1.5% of market cap) limit impact for $112M company.
See more from July 29, 2026.
EDGAR·FLOW summarizes public SEC EDGAR filings with automated analysis. Materiality scores and stock-impact predictions are algorithmically generated and are not investment advice. Always verify against the source filing on SEC.gov.