Riverview Bancorp Posts $2M Q2 Profit, Net Interest Margin at 3.4%
RVSB sits 24% above its 52-week low of $4.88 on light trading volume (0.2× avg).
Summary
Riverview Bancorp reported Q2 net income of $2 million, or $0.10 per share, and a net interest margin of 3.4%. That profit is up from the $1.7 million posted in Q1 FY2027, a modest sequential improvement for the small-cap bank. The margin figure is the key number for a lender this size — it shows how much the bank earns on loans versus what it pays for deposits. The prior quarter's 10-Q flagged a sharp increase in delinquent and nonperforming loans, so credit quality is the open question this release does not address. Watch for the full 10-Q filing for provision and nonperforming loan detail.
At the time of this announcement, RVSB was trading at $6.06 on NASDAQ in the Finance sector, with a market capitalization of approximately $120.9M. The 52-week trading range was $4.88 to $6.22. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: Reuters.