Monitor the trajectory of non-performing loans and classified assets over the next 1-2 quarters—further deterioration would pressure the stock despite operational improvements. The EPS beat and margin expansion are tempered by credit risk, so near-term price movement may be range-bound.
Price Chart
Executive Summary
Riverview Bancorp reported Q1 fiscal 2027 net income of $1.7M ($0.08 diluted EPS), beating Street consensus of $0.07 by 14.3%, and revenue grew ~13% YoY to $15.0M. However, credit quality deteriorated sharply: non-performing loans surged to $8.7M (0.80% of loans) from $143K a year ago, and classified assets tripled to $29.9M. The mixed picture of operational improvement and credit deterioration sets up a cautious near-term outlook.
Key Financial Metrics
Key Facts
- Net income of $1.7M vs $1.2M in the year-ago quarter; EPS $0.08 vs $0.06 YoY
- EPS of $0.08 beat consensus of $0.07 by +14.3%
- Net interest margin expanded 56bps YoY to 3.34%, supported by balance sheet optimization
- Non-interest income rose to $3.6M from $3.4M YoY
- Non-performing loans jumped to $8.7M (0.80% of loans) from $143K (0.01%) a year ago
- Classified assets increased to $29.9M from $10.8M; classified-to-capital ratio rose to 17.1%
- No provision for credit losses booked in the quarter; $88K in recoveries
- Tangible book value per share declined to $5.86 from $6.43 YoY
- The company repurchased 438,865 shares for $2.4M under a $4.0M buyback program
Financial Impact
Net income of $1.7M on $15.0M total revenue; net interest margin improved to 3.34%; NPLs rose to $8.7M, classified assets $29.9M
Risk Factors
- Further credit deterioration could require significant provisioning, eroding earnings
- Classified assets to capital ratio of 17.1% signals elevated credit stress
- Tangible book value per share declining may pressure the stock's valuation floor
- Limited analyst coverage (1 analyst) increases uncertainty around consensus estimates
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0000939057-26-000147 |
| Document: 0000939057-26-000147-index.html | 0000939057-26-000147 |
| Document: 0000939057-26-000147.txt | 0000939057-26-000147 |
| 8-K Data (Synthetic) | 0000939057-26-000147 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 27, 2026 today | Press Release | $6.06 | awaiting T+5 | — | $6.06 (−0.00%) |
Sep 28, 2026 29d ago | Press Release | $5.94 $5.99 | ▲ +0.84% | ▼ −0.36% | $6.06 (+2.02%) |
Sep 22, 2026 5w ago | Institutional Cluster | $5.99 $5.97 | ▲ +0.33% | ▼ −0.85% | $6.06 (−1.17%) |
Sep 2, 2026 7w ago | 8-K | $5.19 $5.32 | ▲ +2.50% | ▲ +3.46% | $6.06 (+16.76%) |
Aug 27, 2026 8w ago | 8-K | $5.18 $5.25 | ▲ +1.35% | ▲ +1.08% | $6.06 (+16.99%) |
Aug 26, 2026 8w ago | Press Release | $5.18 $5.25 | ▲ +1.35% | ▲ +1.08% | $6.06 (+16.99%) |
Aug 10, 2026 11w ago | 8-K | $5.30 $5.14 | ▼ −3.02% | ▼ −2.62% | $6.06 (+14.34%) |
Jul 29, 2026 12w ago | 8-K | $5.29 $5.40 | ▲ +2.08% | ▼ −3.45% | $6.06 (+14.56%) |
Jul 17, 2026 14w ago | DEFA14A | $5.28 $5.28 | · 0.00% | ▲ +0.69% | $6.06 (+14.77%) |
May 4, 2026 25w ago | Insider Cluster | $5.14 $5.44 | ▲ +5.84% | ▲ +2.90% | $6.06 (+17.90%) |
US Market Status
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