Riverview Bancorp: Fiscal 1Q Earnings Snapshot

By The Associated Press

Posted Jul 30, 2020 07:15:32 PM.

Last Updated Jul 30, 2020 07:24:27 PM.

This article is more than 5 years old.

VANCOUVER, Wash. (AP) _ Riverview Bancorp Inc. (RVSB) on Thursday reported fiscal first-quarter profit of $480,000.

The Vancouver, Washington-based company said it had net income of 2 cents per share.

The holding company for Riverview Community Bank posted revenue of $14.9 million in the period. Its adjusted revenue was $13.8 million.

Riverview Bancorp shares have dropped 39% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $5.01, a drop of 41% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RVSB at https://www.zacks.com/ap/RVSB

The Associated Press

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