River Financial Q2 Earnings: Net Income Climbs 14.6%, Tangible Book Value Jumps 24.2%
RVRF has more than doubled off its 52-week low of $17 on light trading volume (0.2× avg).
Summary
River Financial reported Q2 2026 net income of $13.9 million, up 14.6% year-over-year, while tangible book value per share rose 24.2% to $36.94. Total assets surpassed $4 billion, though nonperforming loans increased to 0.49%.
Key Events · Earnings and Guidance · RVRF
-
Q2 Net Income Rises 14.6%
Driven by net interest margin expansion to 3.70%, quarterly net income reached $13.9 million, up from $12.1 million in Q2 2025.
-
Tangible Book Value Surges 24.2%
Reflecting robust earnings retention and balance sheet growth, tangible book value per share climbed to $36.94 from $29.75 a year ago.
-
Assets Cross $4 Billion
Total assets grew 9.0% to $4.02 billion, with loans up 10.8% to $2.84 billion and deposits up 8.8% to $3.51 billion.
-
Nonperforming Loans Ratio Doubles
Nonperforming loans as a percentage of total loans increased to 0.49% from 0.21% a year ago, though net charge-offs remained low at 0.02%.
Analysis · RVRF · Finance
River Financial delivered a strong second quarter, with net income rising 14.6% to $13.9 million and tangible book value per share surging 24.2% to $36.94. The balance sheet crossed $4 billion in assets, fueled by 10.8% loan growth. A blemish worth monitoring, however, is the uptick in nonperforming loans to 0.49% from 0.21% a year ago. Coming on the heels of a ransomware attack disclosed in June, the earnings beat and continued profitability signal operational resilience—a positive for investors.
How filings like this one have moved
In the 30 days to Oct 2, 2026, 29.5% of the 1629 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.59%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, RVRF was trading at $48.00 on OTC in the Finance sector, with a market capitalization of approximately $375M. The 52-week trading range was $17.00 to $52.25. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.