Detail akcie Riverview Bancp online

Business Summary: Riverview Bancorp, Inc. is the bank holding company of Riverview Bank (the Bank). The Company's business is conducted through the Bank. The Bank has two subsidiaries: Riverview Trust Company (the Trust Company) and Riverview Services, Inc. (Riverview Services). The Trust Company is a trust and financial services company that provides full-service brokerage activities, trust services, and asset management services. Riverview Services acts as a trustee for deeds of trust on mortgage loans granted by the Bank. The Company operates through two segments, which consist of banking operations performed by the Bank and trust and investment services performed by the Trust Company. The Company is engaged predominantly in the business of attracting deposits from the general public and using such funds in its primary market area to originate commercial business, commercial real estate, multi-family real estate, land, real estate construction, residential real estate, and other consumer loans.
Financial Summary: BRIEF: For the fiscal year ended 31 March 2024, Riverview Bancorp Inc interest income increased 2% to $56.6M. Net interest income after loan loss provision decreased 25% to $38.1M. Net income decreased 79% to $3.8M. Net interest income after loan loss provision reflects Other interest and dividends decrease of 31% to $1.3M, Interest&Dividend-Invest. Sec. AFS/HTM decrease of less than 1% to $261K.