News stories about Riverview Bancorp (NASDAQ:RVSB) have been trending somewhat positive on Thursday, Accern Sentiment reports. The research group identifies negative and positive media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Riverview Bancorp earned a media sentiment score of 0.24 on Accern’s scale. Accern also gave media coverage about the savings and loans company an impact score of 45.3269926640487 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Here are some of the headlines that may have impacted Accern Sentiment Analysis’s rankings:
- Should You Expect Riverview Bancorp Inc (NASDAQ:RVSB) To Continue Delivering An ROE Of 8.55%? (finance.yahoo.com)
- Riverview Bancorp (RVSB) to Release Quarterly Earnings on Wednesday (americanbankingnews.com)
- Riverview Bancorp (RVSB) Rating Lowered to Hold at ValuEngine (americanbankingnews.com)
- Longtime Riverview Bancorp CEO stepping down (columbian.com)
- Riverview Bancorp Announces CEO Succession Plan (nasdaq.com)
Several brokerages have issued reports on RVSB. ValuEngine raised shares of Riverview Bancorp from a “hold” rating to a “buy” rating in a research note on Friday, October 27th. Zacks Investment Research raised shares of Riverview Bancorp from a “hold” rating to a “buy” rating and set a $10.00 price objective for the company in a research note on Thursday, November 2nd.
Riverview Bancorp (NASDAQ:RVSB) last announced its quarterly earnings data on Thursday, October 26th. The savings and loans company reported $0.14 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.13 by $0.01. The business had revenue of $13.44 million during the quarter, compared to the consensus estimate of $13.10 million. Riverview Bancorp had a net margin of 18.90% and a return on equity of 8.63%. research analysts predict that Riverview Bancorp will post 0.57 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 23rd. Shareholders of record on Monday, January 8th will be paid a $0.03 dividend. The ex-dividend date of this dividend is Friday, January 5th. This represents a $0.12 annualized dividend and a yield of 1.28%. This is an increase from Riverview Bancorp’s previous quarterly dividend of $0.02. Riverview Bancorp’s dividend payout ratio (DPR) is presently 27.27%.
In other Riverview Bancorp news, Director Gerald Lee Nies sold 30,778 shares of the firm’s stock in a transaction dated Tuesday, November 14th. The shares were sold at an average price of $8.58, for a total value of $264,075.24. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Richard S. Michalek sold 12,000 shares of Riverview Bancorp stock in a transaction that occurred on Thursday, November 2nd. The shares were sold at an average price of $8.77, for a total transaction of $105,240.00. Following the sale, the executive vice president now directly owns 14,477 shares of the company’s stock, valued at approximately $126,963.29. The disclosure for this sale can be found here. 7.41% of the stock is owned by company insiders.
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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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