Riverview Bancorp Inc (RVSB) Quote

Bullish reversal 4.23

Buy RVSB 5.09

Load under 8$

Wow ... manipulation at its finest ... 2 shares at $8.35

PT 11.25

Time to load and hold!

8K

RVSB bull $

Nothing. Let them keep selling and we keep buying!!!!

WHY ARE SHAREHOLDERS SELLING OUT SOOOOOO CHEAP ??? This companies quarterly reports keep getting better and better and they continue to pay dividends quarter after quarter .... what am I missing ???

Riverview Bancorp Earns $1.7 Million in Second Quarter; Highlighted by Announced Deal with MBank
Thu October 27, 2016 4:00 PM|GlobeNewswire | About: RVSB


VANCOUVER, Wash., Oct. 27, 2016 (GLOBE NEWSWIRE) -- Riverview Bancorp, Inc. (Nasdaq:RVSB) (“Riverview” or the “Company”) today reported net income of $1.7 million, or $0.07 per diluted share, in the second fiscal quarter ended September 30, 2016, the same as in the second quarter one year ago. In the preceding quarter, Riverview earned $1.7 million, or $0.08 per diluted share. In the first six months of fiscal 2017, net income increased to $3.4 million, or $0.15 per diluted share, compared to $3.2 million, or $0.14 per diluted share, in the first six months of fiscal 2016.

“The second fiscal quarter was highlighted by the announcement of our purchase and assumption agreement with MBank,” commented Pat Sheaffer, chairman and chief executive officer. “We are excited about the opportunity this transaction will offer to our company, clients, staff and shareholders. This transaction fits well into our strategy of further expanding our presence in the Portland market, where we currently have two branches and 48% of our commercial lending, and provides substantial EPS accretion in the first full year. With strong capital, improving asset quality and continued profitability, we believe this transaction will further enhance shareholder value and allow us to capitalize on opportunities in our market.”

The announced transaction is expected to close in the quarter ending March 31, 2017.

Second Quarter Highlights (at or for the period ended September 30, 2016)

Net income of $1.7 million, or $0.07 per diluted share.
Net interest margin remained strong at 3.70%.
Net revenues increased 13.8% to $10.7 million in F2Q17 compared to F2Q16.
Net loans increased $21.0 million, or 3.4% (13.5% on an annualized basis).
Loan originations were $78.6 million during the second fiscal quarter.
Total deposits increased $49.3 million, or 6.2% (24.8% on an annualized basis).
Non-performing assets declined to 0.29% of total assets.
Total risk-based capital ratio was 16.05% and Tier 1 leverage ratio was 10.95%.
Declared quarterly cash dividend of $0.02 per share, generating a current dividend yield of 1.4%.

Should see a buyout.

Huge volume of recent...

RVSB 5.13

Volume signal, load and hold!

Riverview Bancorp Earnings Increase to $1.6 Million in First Fiscal Quarter; Led by On-Going Credit Quality Improvements

Volume Alert!

https://www.depositaccounts.com/banks/riverview-community-bank.html

Riverview Bancorp Earnings Increase to $1.5 Million in Fourth Fiscal Quarter; Led by Credit Quality Improvements and Net Interest Margin Expansion

OGSPECULATOR,
Riverview Bancorp, Inc. (Nasdaq:RVSB) ("Riverview" or the "Company") today announced its Board of Directors has declared a quarterly cash dividend of $0.01125 per share. The dividend will be payable April 21, 2015, to shareholders of record April 6, 2015.

"We are pleased to be able to resume paying a quarterly cash dividend to our shareholders, who have been very loyal over the years," stated Pat Sheaffer, Chairman and CEO. "The cash dividend reflects Riverview's commitment to return value to its shareholders. It is also a testament to the strength of the core banking activities and financial performance of our franchise. The cash dividend represents a payout of 23% for our third fiscal quarter and a dividend yield of 1.01%"

Form 4!!!$$$

Congrats to all shareholders here!!!

4.74 $5.00 is just around the corner.

WOW!

4.76$

NSDQ bidding for 25k shares at 4.40!

Form 4 today!!!$

Nice ... RVSB earned .05 share last quarter.

$4.53

Another filing!

SC13G$

Someone just loaded the last 5 mins.

OGSPECULATOR, great another profitable quarter.

Volume alert loading zone$$$

Welcome Bradley Carlson!!! Form 3!!!

Looking good,OGSPECULATOR.

4.32 HOD!$$$

OGSPECULAR,RVSB is looking good today.

OGSPECULATOR, $4.20.

There is a lot to like about RVSB in this report genlou but one bullet point that really stands out for me is this one:

-- Nonperforming assets decreased $3.5 million during the quarter to $15.4 million (18.6% decline). Getting rid of the dead weight in large chunks like this will really put the shine back on this bank.

Any potential acquirers out there looking at this bank will love it as well!

Marker:
Riverview Bancorp (RVSB)
$3.90 up 0.02 (0.52%)
Volume: 164,751

VANCOUVER, Wash., Oct 28, 2014 (GLOBE NEWSWIRE via COMTEX) -- Riverview Bancorp, Inc. (Nasdaq:RVSB) ("Riverview" or the "Company") today reported that it earned $1.1 million, or $0.05 per diluted share, in the second fiscal quarter ended September 30, 2014, compared to $740,000, or $0.03 per diluted share, in the previous quarter and $341,000, or $0.02 per diluted share, in the second fiscal quarter a year ago.

"In the first half of fiscal 2015, we have generated solid results on virtually every metric with improving profitability, strengthening asset quality, growth in loans and deposits, and better operating efficiencies," stated Pat Sheaffer, Chairman and CEO. "As the regional economic recovery continues to build, we are seeing increasing demand for loans and financial services from business owners and retail customers throughout the greater Vancouver and Portland markets that we serve. We believe that our franchise is starting to generate forward momentum and we are encouraged by the outlook for our business in the next few years."

Second Quarter Highlights (at or for the period ended September 30, 2014)

-- Second quarter net income was $1.1 million, or $0.05 per diluted share.

-- Net loans increased to $540.8 million, compared to $509.4 million a year ago (6.2% increase).

-- Non-interest bearing checking account balances increased to $145.1 million, compared to $118.1 million a year ago (22.9% increase).

-- Classified assets decreased $8.5 million during the quarter to $25.2 million (25.1% decline).

-- Nonperforming assets decreased $3.5 million during the quarter to $15.4 million (18.6% decline).

-- Total risk-based capital ratio was 16.78% and Tier 1 lever

Buy signal confirmed by today's volume! Chase this to 4.20!

Whale buyer today!!!

5 PT IMO

catch this at 3.45 imo or lower , getting topy

G7

looking good

Volume alert!$$$

Looking forward to earnings.

Loading zone folks$$$

4.00$ congrats to all longs!