StockNews.com initiated coverage on shares of Riverview Bancorp (NASDAQ:RVSB – Get Free Report) in a report released on Monday. The brokerage set a “hold” rating on the savings and loans company’s stock.
Riverview Bancorp Stock Performance
Shares of RVSB stock opened at $4.68 on Monday. The stock has a market capitalization of $98.80 million, a PE ratio of 26.00 and a beta of 0.77. The business’s 50 day simple moving average is $4.46 and its 200 day simple moving average is $4.31. The company has a debt-to-equity ratio of 0.92, a current ratio of 0.86 and a quick ratio of 0.86. Riverview Bancorp has a one year low of $3.30 and a one year high of $6.57.
Riverview Bancorp (NASDAQ:RVSB – Get Free Report) last released its earnings results on Thursday, July 25th. The savings and loans company reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.06 by ($0.01). Riverview Bancorp had a net margin of 2.86% and a return on equity of 3.69%. The firm had revenue of $17.77 million during the quarter, compared to analyst estimates of $12.20 million. As a group, research analysts forecast that Riverview Bancorp will post 0.16 earnings per share for the current year.
Hedge Funds Weigh In On Riverview Bancorp
About Riverview Bancorp
Riverview Bancorp, Inc operates as a bank holding company for Riverview Bank that provides commercial banking services to small and medium size businesses, professionals, and wealth building individuals. It offers a range of deposit products, including demand deposits, negotiable order of withdrawal accounts, money market accounts, savings accounts, certificates of deposit, and retirement savings plans.
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