Riverview Bancorp, Inc. (NASDAQ:RVSB) has been assigned a consensus broker rating score of 2.00 (Buy) from the one brokers that cover the company, Zacks Investment Research reports. One research analyst has rated the stock with a buy recommendation.
Analysts have set a 1 year consensus price objective of $10.00 for the company and are expecting that the company will post $0.17 earnings per share for the current quarter, according to Zacks. Zacks has also given Riverview Bancorp an industry rank of 162 out of 255 based on the ratings given to its competitors.
A number of research analysts have commented on RVSB shares. ValuEngine downgraded Riverview Bancorp from a “buy” rating to a “hold” rating in a research note on Saturday, June 2nd. Zacks Investment Research upgraded Riverview Bancorp from a “hold” rating to a “buy” rating and set a $10.00 target price on the stock in a research note on Friday, August 3rd.
Shares of RVSB stock traded down $0.12 on Thursday, reaching $8.65. 21,900 shares of the company’s stock traded hands, compared to its average volume of 46,297. Riverview Bancorp has a 12-month low of $7.83 and a 12-month high of $9.99. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.24. The company has a market capitalization of $203.87 million, a price-to-earnings ratio of 16.60 and a beta of 0.42.
Riverview Bancorp (NASDAQ:RVSB) last issued its quarterly earnings results on Thursday, July 26th. The savings and loans company reported $0.20 earnings per share for the quarter, beating analysts’ consensus estimates of $0.15 by $0.05. Riverview Bancorp had a return on equity of 11.76% and a net margin of 20.97%. The business had revenue of $14.54 million for the quarter, compared to the consensus estimate of $13.60 million. sell-side analysts predict that Riverview Bancorp will post 0.72 EPS for the current year.
About Riverview Bancorp
Riverview Bancorp, Inc operates as the holding company for Riverview Community Bank that provides community banking services to small and medium size businesses, professionals, and 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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