| Line Item | 2026-03-31 | Y/Y |
|---|---|---|
| Revenue | $62.0M | +5.2% |
| Pre-tax Income | -$5.8M | -193.5% |
| Income Tax | -$1.5M | -211.8% |
| Net Income | -$4.3M | -188.5% |
| EPS (Basic) | -$0.21 | -191.3% |
| EPS (Diluted) | -$0.21 | -191.3% |
| Line Item | 2026-03-31 | Y/Y |
|---|---|---|
| Cash & Equivalents | $116.9M | +297.3% |
| Total Assets | $1.46B | -3.3% |
| Total Liabilities | $1.32B | -2.6% |
| Stockholders' Equity | $145.6M | -9.0% |
| Line Item | 2026-03-31 | Y/Y |
|---|---|---|
| Operating Cash Flow | $12.0M | +45.6% |
| Investing Cash Flow | $118.3M | +787.9% |
| Financing Cash Flow | -$42.9M | -171.2% |
Business Overview
Riverview Bancorp, Inc. is a bank holding company with total assets of $1.46 billion at March 31, 2026, operating through Riverview Bank and its subsidiaries across southwest Washington and northwest Oregon. The company's strategic plan focuses on five key priorities: employer of choice, profitable growth, digital experience, data empowerment, and client experience. The company emphasizes commercial banking services including commercial business, commercial real estate, multi-family, and consumer lending, complemented by trust and asset management services through its subsidiaries.
Segment Performance
The loan portfolio totaled $1.092 billion at March 31, 2026 compared to $1.062 billion at March 31, 2025, an increase of approximately $30 million. Commercial and construction loans comprised 88.6% of the portfolio ($968.3 million), up from 89.5% ($950.4 million) prior year. Commercial real estate loans increased to $611.6 million from $592.2 million. Multi-family loans grew to $103.6 million from $91.5 million. Consumer loans increased to $124.2 million from $112.1 million. Non-accrual commercial business loans increased to $645,000 from $37,000, while non-accrual commercial real estate loans increased to $7.1 million from $88,000.
Key Risk Factors
The company faces significant risks including adverse economic conditions in its local markets, changes in interest rates and net interest margin, commercial real estate lending concentration which carries higher risk than residential lending, credit risks from loan delinquencies and write-offs, and technological risks including AI implementation and cybersecurity vulnerabilities. Additional risks include regulatory changes, deposit attraction and retention challenges, competitive pressures in financial services, geopolitical developments affecting financial markets and supply chains, and the effects of climate change and public health crises.