Shares of RVSB opened at $4.61 on Thursday. Riverview Bancorp has a 1-year low of $3.30 and a 1-year high of $6.57. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.92. The firm's 50-day moving average price is $4.59 and its 200-day moving average price is $4.31. The firm has a market capitalization of $97.27 million, a price-to-earnings ratio of 25.61 and a beta of 0.77.
Riverview Bancorp (NASDAQ:RVSB - Get Free Report) last posted its quarterly earnings data on Thursday, July 25th. The savings and loans company reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.06 by ($0.01). The firm had revenue of $17.77 million for the quarter, compared to the consensus estimate of $12.20 million. Riverview Bancorp had a net margin of 2.86% and a return on equity of 3.69%. Sell-side analysts anticipate that Riverview Bancorp will post 0.16 EPS for the current year.
A hedge fund recently raised its stake in Riverview Bancorp stock. Empowered Funds LLC grew its position in Riverview Bancorp, Inc. (NASDAQ:RVSB - Free Report) by 8.1% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 79,206 shares of the savings and loans company's stock after buying an additional 5,950 shares during the period. Empowered Funds LLC owned approximately 0.38% of Riverview Bancorp worth $374,000 as of its most recent SEC filing. 69.60% of the stock is currently owned by hedge funds and other institutional investors.
Riverview Bancorp, Inc operates as a bank holding company for Riverview Bank that provides commercial banking services to small and medium size businesses, professionals, and wealth building individuals. It offers a range of deposit products, including demand deposits, negotiable order of withdrawal accounts, money market accounts, savings accounts, certificates of deposit, and retirement savings plans.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected].
Before you consider Riverview Bancorp, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Riverview Bancorp wasn't on the list.
While Riverview Bancorp currently has a "hold" rating among analysts, top-rated analysts believe these five stocks are better buys.