Riverview Bancorp Reports Strong Q1 2026 Earnings

Riverview ( (RVSB) ) has released its Q1 earnings. Here is a breakdown of the information Riverview presented to its investors.

Riverview Bancorp, Inc., headquartered in Vancouver, Washington, operates as a community bank offering financial services to commercial, business, and retail clients across Southwest Washington and Northwest Oregon. The company recently reported its earnings for the first fiscal quarter of 2026, highlighting a net income of $1.2 million, which translates to $0.06 per diluted share. This marks an improvement from the previous quarter and the same quarter last year, driven by an increase in net interest income and a higher net interest margin.

Key financial metrics for the quarter include a net interest income of $9.8 million, up from $8.8 million in the same quarter last year, and a net interest margin of 2.78%, reflecting improved loan yields. The company’s non-performing assets remained minimal at 0.01% of total assets, indicating strong credit quality. Additionally, Riverview’s non-interest income was stable at $3.4 million, while non-interest expenses increased slightly to $11.7 million, primarily due to strategic growth initiatives.

Riverview’s balance sheet showed a modest increase in total loans to $1.07 billion, while total deposits decreased slightly to $1.21 billion. The company maintained a strong capital position with a total risk-based capital ratio of 16.56% and a tangible book value per share of $6.43. Riverview also continued its shareholder return initiatives, including a cash dividend and a stock repurchase plan.

Looking ahead, Riverview’s management remains optimistic about the company’s growth prospects, focusing on enhancing digital capabilities and expanding its commercial and business banking services. The inclusion in the Russell 2000 Index is expected to boost the company’s visibility and support its strategic objectives.