Riverview Bancorp (NASDAQ:RVSB) had declared a cash dividend of $0.0200 on Oct 3, 2016. The shares will quote ex-dividend on Oct 12, 2016 and the record date has been fixed for Oct 14, 2016. On Oct 3, 2016 share price, the yield comes out to be 1.4625%. The dividend payable date has been fixed on Oct 25, 2016.
In a different note, On Sep 30, 2016, Raymond James said it Upgrades its rating on Riverview Bancorp. The shares have been rated ‘Outperform’ by the firm.
Riverview Bancorp (RVSB) made into the market gainers list on Fridays trading session with the shares advancing 2.23% or 0.12 points. Due to strong positive momentum, the stock ended at $5.5, which is also near the day’s high of $5.5. The stock began the session at $5.35 and the volume stood at 67,326 shares. The 52-week high of the shares is $5.67 and the 52 week low is $4.15. The company has a current market capitalization of $124 M and it has 2,25,07,890 shares in outstanding.
Riverview Bancorp(RVSB) last announced its earnings results on Jul 26, 2016 for Fiscal Year 2017 and Q1.Company reported revenue of $10.34M. Analysts had an estimated revenue of $9.90M. Earnings per share were $0.08. Analysts had estimated an EPS of $0.07.
Several Insider Transactions has been reported to the SEC. On Jun 13, 2016, David Nierenberg (director) purchased 14,328 shares at $4.68 per share price.Also, On Jun 2, 2016, Gerald Lee Nies (director) purchased 1,959 shares at $4.69 per share price.On Sep 29, 2015, Gary R Douglass (director) sold 16,056 shares at $4.40 per share price, according to the Form-4 filing with the securities and exchange commission.
Riverview Bancorp Inc. (Riverview) is a savings and loan holding company of Riverview Community Bank (the Bank). The Bank is engaged primarily in the business of attracting deposits from the general public and using such funds together with other borrowings to invest in various commercial business commercial real estate multi-family real estate real estate construction residential real estate and consumer loans. The Company considers Clark Cowlitz Klickitat and Skamania counties of Washington and Multnomah and Marion counties of Oregon as its primary market area. The Company conducts operations from its home office in Vancouver and around 17 branch offices located in Camas Washougal Stevenson White Salmon Battle Ground Goldendale Vancouver (seven branch offices) and Longview Washington and Portland Gresham and Aumsville Oregon. The Bank also operates a lending office for mortgage banking activities in Vancouver.