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Riverview Bancorp reports $4.4M in Q1 net income

By The Columbian
Published: July 24, 2018, 5:53pm

Riverview Bancorp Inc. (RVSB) on Tuesday reported fiscal first-quarter net income of $4.4 million.

On a per-share basis, the Vancouver-based company said it had net income of 20 cents.

The holding company for Riverview Community Bank posted revenue of $15.2 million in the period. Its adjusted revenue was $14.5 million.

Riverview Bancorp shares have decreased slightly more than 2 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $8.47, a rise of 20 percent in the last 12 months.

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