The strong growth in profitability and book value, coupled with solid balance sheet expansion, suggests effective execution and potential for upward valuation re-rating. Traders should monitor credit quality trends given the slight increase in nonperforming loans and net charge-offs.
Price Chart
Executive Summary
River Financial Corp reported strong year-over-year growth in net income, earnings per share, and tangible book value for the quarter ended March 31, 2026, with net income up 67.3% and tangible book value per share up 24.4%. The results reflect improved profitability and balance sheet growth.
Key Financial Metrics
Key Facts
- Net income increased 67.3% year-over-year to $14.2 million for the year-to-date period ending March 31, 2026
- Basic earnings per share rose 66.1% to $1.81 from $1.09 in the prior-year period
- Tangible book value per share increased 24.4% to $35.29 from $28.36
- Total assets grew 7.8% to $3.92 billion, loans increased 8.0% to $2.74 billion, and deposits rose 9.3% to $3.45 billion
- Return on average equity improved to 18.6% from 14.3% in the same period last year
Financial Impact
Net income up $5.7 million (67.3%) YoY; tangible book value per share up 24.4%
Risk Factors
- Slight increase in nonperforming loans from 0.33% to 0.50% of total loans
- Net charge-off percentage increased from 0.00% to 0.02%
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001193125-26-154701 |
| Document: ck0001641601-ex99_1.htm | 0001193125-26-154701 |
| Document: 0001193125-26-154701-index-headers.html | 0001193125-26-154701 |
| Document: 0001193125-26-154701-index.html | 0001193125-26-154701 |
| Document: 0001193125-26-154701.txt | 0001193125-26-154701 |
| 8-K Data (Synthetic) | 0001193125-26-154701 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 15, 2026 11d ago | 8-K | $50.00 | awaiting T+60 | — | $50.00 (0.00%) |
Jul 16, 2026 14w ago | 8-K | $48.00 $47.00 | ▼ −2.08% | ▼ −6.05% | $50.00 (+4.17%) |
Jun 25, 2026 17w ago | 8-K | $48.00 $46.77 | ▲ +2.55% | ▲ +7.30% | $50.00 (−4.17%) |
Apr 14, 2026 27w ago | 8-K | $52.00 $48.00 | ▼ −7.69% | ▼ −16.21% | $50.00 (−3.85%) |
US Market Status
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