News headlines about Riverview Bancorp (NASDAQ:RVSB) have been trending somewhat positive on Saturday, Accern Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Riverview Bancorp earned a daily sentiment score of 0.25 on Accern’s scale. Accern also gave media coverage about the savings and loans company an impact score of 47.341139402185 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
RVSB has been the topic of several research analyst reports. ValuEngine raised shares of Riverview Bancorp from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd. Zacks Investment Research lowered shares of Riverview Bancorp from a “hold” rating to a “sell” rating in a research note on Wednesday, May 17th.
Riverview Bancorp (RVSB) opened at 7.85 on Friday. The company’s 50-day moving average is $7.45 and its 200 day moving average is $7.27. Riverview Bancorp has a 52 week low of $4.91 and a 52 week high of $8.16. The company has a market capitalization of $176.66 million, a price-to-earnings ratio of 21.22 and a beta of 0.28.
Riverview Bancorp (NASDAQ:RVSB) last released its quarterly earnings results on Tuesday, July 25th. The savings and loans company reported $0.12 earnings per share for the quarter, beating the consensus estimate of $0.11 by $0.01. The business had revenue of $13.17 million for the quarter, compared to analysts’ expectations of $13.20 million. Riverview Bancorp had a net margin of 17.19% and a return on equity of 7.51%. On average, analysts forecast that Riverview Bancorp will post $0.52 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Tuesday, July 25th. Investors of record on Friday, July 14th were issued a $0.0225 dividend. The ex-dividend date was Wednesday, July 12th. This represents a $0.09 annualized dividend and a yield of 1.15%. This is a boost from Riverview Bancorp’s previous quarterly dividend of $0.02. Riverview Bancorp’s payout ratio is 24.32%.
In related news, Director Ancora Advisors, Llc sold 900,000 shares of Riverview Bancorp stock in a transaction on Tuesday, May 23rd. The shares were sold at an average price of $6.50, for a total value of $5,850,000.00. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 7.41% of the company’s stock.
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Riverview Bancorp Company Profile
Riverview Bancorp, Inc (Riverview) is a savings and loan holding company of Riverview Community Bank (the Bank). The Company operates through two segments, which include banking operations performed by the Bank and trust and investment services performed by Riverview Asset Management Corp. (RAMCorp).
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