Media stories about Riverview Bancorp (NASDAQ:RVSB) have been trending positive on Sunday, Accern Sentiment Analysis reports. The research group identifies negative and positive press coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Riverview Bancorp earned a news impact score of 0.30 on Accern’s scale. Accern also assigned media headlines about the savings and loans company an impact score of 72 out of 100, meaning that recent press coverage is likely to have an effect on the stock’s share price in the near term.
Here are some of the news stories that may have effected Accern Sentiment’s rankings:
- Riverview Bancorp Inc (NASDAQ:RVSB) Downgraded to Hold at ValuEngine (americanbankingnews.com)
- Riverview Bancorp (RVSB) Reports Retirement of COO Ron Wysaske (streetinsider.com)
- Riverview Bancorp Announces Senior Management Promotions (finance.yahoo.com)
- Riverview Bancorp Inc (RVSB) Issues Earnings Results (americanbankingnews.com)
RVSB has been the topic of a number of recent analyst reports. Zacks Investment Research lowered shares of Riverview Bancorp from a “buy” rating to a “hold” rating in a report on Saturday, May 6th. ValuEngine raised shares of Riverview Bancorp from a “hold” rating to a “buy” rating in a report on Friday, June 2nd.
Shares of Riverview Bancorp (RVSB) traded up 0.66% during midday trading on Friday, hitting $7.64. 60,936 shares of the stock were exchanged. The stock has a market cap of $171.93 million, a P/E ratio of 20.65 and a beta of 0.27. The firm has a 50 day moving average of $6.93 and a 200-day moving average of $7.25. Riverview Bancorp has a 12 month low of $4.69 and a 12 month high of $8.16.
Riverview Bancorp (NASDAQ:RVSB) last posted its quarterly earnings results on Tuesday, July 25th. The savings and loans company reported $0.12 EPS for the quarter, topping the Zacks’ consensus estimate of $0.11 by $0.01. Riverview Bancorp had a net margin of 17.19% and a return on equity of 7.56%. The firm had revenue of $13.17 million for the quarter, compared to analysts’ expectations of $13.20 million. Equities research analysts anticipate that Riverview Bancorp will post $0.50 EPS for the current year.
The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 25th. Shareholders of record on Friday, July 14th were issued a dividend of $0.0225 per share. This represents a $0.09 annualized dividend and a yield of 1.18%. This is a boost from Riverview Bancorp’s previous quarterly dividend of $0.02. The ex-dividend date of this dividend was Wednesday, July 12th. Riverview Bancorp’s dividend payout ratio is presently 24.32%.
In other Riverview Bancorp news, Director Ancora Advisors, Llc sold 900,000 shares of the stock in a transaction dated Tuesday, May 23rd. The shares were sold at an average price of $6.50, for a total transaction of $5,850,000.00. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 7.41% of the stock is owned by corporate 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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