Riverview Bancorp FY27 Q1 net income rises 41.67% to $1.7 million; net interest margin widens 56 basis points to 3.34%

Reuters2026/08/14 15:32

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Riverview Bancorp posted net income of $1.7 million, or $0.08 per diluted share, for the quarter ended June 30, 2026.
Net interest income rose to $11.4 million, up 16.33% year over year; net interest margin widened 56 basis points to 3.34%.
Non-interest income edged up to $3.6 million, a 5.65% increase, led by higher asset management fees and service charges.
Non-interest expense climbed to $12.9 million, up 10.26%, driven by higher salaries and benefits and increased technology spending.
Total deposits were $1.26 billion at June 30, 2026; nonperforming assets were $8.7 million, or 0.59% of total assets.

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: 0001104659-26-096729), on August 14, 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 FY27 Q1 net income rises 41.67% to $1.7 million; net interest margin widens 56 basis points to 3.34%

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