RVSB on Nasdaq

RIVERVIEW BANCORP INC

RIVERVIEW BANCORP INC is a bank holding company of Riverview Bank.1 It is headquartered in Vancouver, Washington.1 Its shares trade on Nasdaq under the symbol RVSB.1

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Last updated Oct 21, 2026.

Overview

-$4.3MNet income, fiscal 20262

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  • TickerRVSB on Nasdaq1
  • IndustrySavings Institution, Federally Chartered1
  • HeadquartersVancouver, Washington1
  • Incorporated inWA3
  • Business address900 Washington Street, Suite 900, Vancouver, Wa 986603
  • Filer categoryNon-accelerated filer, Smaller reporting company3

Riverview Bancorp, Inc., a Washington corporation, is the bank holding company of Riverview Bank. At March 31, 2026, the Company had total assets of $1.46 billion, total deposits of $1.25 billion and total shareholders’ equity of $145.6 million. The Company’s executive offices are located in Vancouver, Washington. 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 located in downtown Vancouver, Washington, and provides full-service brokerage activities, trust and asset management services. Riverview Services acts as a trustee for deeds of trust on mortgage loans granted by the Bank and receives a reconveyance fee for each deed of trust.5 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2026

-3.0%Return on equity2

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Bank Servicing brought in 35% of the revenue RIVERVIEW BANCORP INC broke down this way in fiscal 2026.

  1. Bank Servicing$6.3M235%up 4% from 2025
  2. Asset management fees.$6.2M234%up 6% from 2025
  3. Debit Card$3.0M216%down 4% from 2025
  4. Deposit Account$2.2M212%up 13% from 2025
  5. Loan related fees$499.0K23%up 58% from 2025
Products and services by year
Products and services202420252026
Bank Servicing$6.3M$6.0M$6.3M
Asset management fees.$5.3M$5.9M$6.2M
Debit Card$3.2M$3.1M$3.0M
Deposit Account$1.8M$1.9M$2.2M
Loan related fees$522.0K$315.0K$499.0K

Financial statements

Net income6789102-$4.3M in 2026
-$10.0M0$10.0M$20.0M$30.0M2019: $17.3M$17.3M20192020: $15.7M$15.7M2020−9%2021: $10.5M$10.5M2021−34%2022: $21.8M$21.8M2022+108%2023: $18.1M$18.1M2023−17%2024: $3.8M$3.8M2024−79%2025: $4.9M$4.9M2025+29%2026: -$4.3M-$4.3M2026

Every line of the income statement as filed: the last 3 fiscal years (annual) or 8 quarters (quarterly), latest first.2

Period ending2026-03-312025-03-312024-03-31
Interest and fees on loans receivable$55.0M$50.6M$46.0M
Interest on investment securities - taxable$5.7M$6.9M$9.0M
Interest on investment securities - nontaxable$258.0K$260.0K$261.0K
Other interest and dividends$1.0M$1.2M$1.3M
Total interest and dividend income$62.0M$59.0M$56.6M
Interest on deposits$16.7M$15.3M$8.3M
Interest on borrowings$4.9M$7.3M$10.2M
Total interest expense$21.7M$22.6M$18.5M
Net interest income$40.3M$36.3M$38.1M
Provision for credit losses$1.3M$100.0K
Net interest income after provision for credit losses$39.1M$36.2M$38.1M
Loss on sales of investment securities available for sale-$11.3M-$2.7M
Income from BOLI$986.0K$941.0K$891.0K
BOLI death benefit in excess of cash surrender value$261.0K
Other, net$594.0K$1.1M$483.0K
Total non-interest income, net$2.7M$14.3M$10.2M
Salaries and employee benefits$28.8M$26.1M$24.2M
Occupancy and depreciation$7.5M$7.6M$6.9M
Data processing$3.2M$2.9M$2.8M
Amortization of CDI$93.0K$100.0K$108.0K
Advertising and marketing$1.1M$1.3M$1.3M
FDIC insurance premium$671.0K$688.0K$708.0K
State and local taxes$1.2M$1.0M$1.0M
Telecommunications$202.0K$215.0K$211.0K
Professional fees$1.6M$1.8M$1.4M
Other$3.3M$2.5M$5.2M
Total non-interest expense$47.7M$44.3M$43.7M
(LOSS) INCOME BEFORE INCOME TAXES-$5.8M$6.2M$4.6M
INCOME TAX (BENEFIT) PROVISION-$1.5M$1.3M$802.0K
NET (LOSS) INCOME-$4.3M$4.9M$3.8M
Basic-$0.21$0.23$0.18
Diluted-$0.21$0.23$0.18
Basic20.8M shares21.1M shares21.1M shares
Diluted20.8M shares21.1M shares21.1M shares

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Corporate structure

RIVERVIEW BANCORP INC sits at the top of its group. 4 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of RIVERVIEW BANCORP INC

  • RIVERVIEW BANCORP INC Vancouver, Washington
    • Riverview Bank Subsidiary · Washington, United States
    • Riverview Services, Inc. (b) Subsidiary · Washington, United States
    • Riverview Trust Company (b) Subsidiary · Washington, United States

Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What RIVERVIEW BANCORP INC reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$45.4M2 Mar 31, 2026$45.0M2 Mar 31, 2025+0.9%
Accumulated depreciation$24.5M2 Mar 31, 2026$22.7M2 Mar 31, 2025+7.9%
Property and equipment, net$20.9M2 Mar 31, 2026$22.3M2 Mar 31, 2025−6.2%
Finance-lease assets$1.0M2 Mar 31, 2026$1.1M2 Mar 31, 2025−6.8%
Operating-lease assets (leased space)$3.6M2 Mar 31, 2026$4.2M2 Mar 31, 2025−14.5%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$116.9M2 Mar 31, 2026$29.4M2 Mar 31, 2025+297.3%
Loans, net of allowance$1.1B2 Mar 31, 2026$1.0B2 Mar 31, 2025+2.9%
Deposits held (banks)$1.3B2 Mar 31, 2026$1.2B2 Mar 31, 2025+1.8%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$27.1M2 Mar 31, 2026$27.1M2 Mar 31, 20250%
Finite-lived intangibles, net$77.0K2 Mar 31, 2026$171.0K2 Mar 31, 2025−55.0%

Properties, in its own words

The executive offices of the Company are located in downtown Vancouver, Washington at 900 Washington Street. The Company’s operational center is also located in Vancouver, Washington. Both offices are leased. At March 31, 2026, the Bank operated ten offices located in Clark County, Washington (two of which are leased), two offices in Klickitat County, Washington and one office in Skamania County, Washington. The Bank also has two offices in Multnomah County, Oregon, one leased office in Washington County, Oregon and one office in Marion County, Oregon. In addition, at March 31, 2026, the Trust Company had one office located within the Company’s leased executive offices and one leased office in Clackamas County, Oregon. In the

opinion of management, all properties are adequately covered by insurance, are in good repair, and are appropriately designed and utilized for their present and future use.

Item 2 of the 10-K filed Jun 12, 2026.5

Leadership

Who has led RIVERVIEW BANCORP INC, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (38)

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

  • Riverview Bank Washington4
  • Riverview Services, Inc. (b) Washington4
  • Riverview Trust Company (b) Washington4

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Timeline

  1. Sep 8, 20268-K Regulation FD disclosure64
  2. Sep 4, 20268-K Regulation FD disclosure65
  3. Sep 2, 20268-K Bylaws or fiscal year changed; Shareholder vote; Regulation FD disclosure66
  4. Aug 27, 20268-K Other events67
  5. Aug 10, 20268-K Executive or director change68
  6. Jul 29, 20268-K Results of operations69
  7. Apr 30, 20268-K Results of operations70
  8. Apr 24, 20268-K Executive or director change71
  9. Apr 2, 20268-K Executive or director change; Bylaws or fiscal year changed72
  10. Mar 26, 20268-K Other events73
  11. Jan 29, 20268-K Results of operations74
  12. Jan 28, 20268-K Other events75
  13. Jul 11, 2024New chief executive Nicole Sherman becomes CEO15
  14. May 2, 2024New chief executive Daniel D. Cox becomes CEO14
  15. Dec 15, 2022New chief executive Courtney Evan Sowers becomes CEO16
  16. Jun 20, 2019New chief executive Kevin J. Lycklama becomes CEO17
  17. Jun 6, 2006New chief executive Patrick Sheaffer becomes CEO18

Calendar

Coming up

  1. Oct 27, 2026Reports results for the quarter ending Sep/2026 A year earlier it reported $0.05 a share, on Oct 28, 2025.76

When it reported results

  1. Jul 29, 2026Reported quarterly or annual results69
  2. Apr 30, 2026Reported quarterly or annual results70
  3. Jan 29, 2026Reported quarterly or annual results74
  4. Nov 3, 2025Reported quarterly or annual results77
  5. Aug 4, 2025Reported quarterly or annual results78
  6. Apr 30, 2025Reported quarterly or annual results79
  7. Feb 4, 2025Reported quarterly or annual results80
  8. Oct 29, 2024Reported quarterly or annual results81

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

215 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 54 major events, 102 insider forms, 29 large holders, 10 other. The latest 20:

  1. Sep 25, 20264 PRIMARY DOCUMENT EDGAR
  2. Sep 17, 20264 EDGAR
  3. Sep 17, 20264 EDGAR
  4. Sep 17, 20264 EDGAR
  5. Sep 17, 20264 EDGAR
  6. Sep 15, 20264 EDGAR
  7. Sep 8, 20268-K/A CURRENT REPORT FILING EDGAR
  8. Sep 4, 20268-K CURRENT REPORT FILING EDGAR
  9. Sep 2, 20268-K CURRENT REPORT FILING EDGAR
  10. Aug 27, 20268-K EDGAR
  11. Aug 24, 20264 EDGAR
  12. Aug 20, 20264 EDGAR
  13. Aug 18, 20264 EDGAR
  14. Aug 14, 2026SCHEDULE 13G/A EDGAR
  15. Aug 14, 202610-Q EDGAR
  16. Aug 13, 20264 EDGAR
  17. Aug 10, 20268-K EDGAR
  18. Aug 5, 20264 EDGAR
  19. Aug 3, 20264 EDGAR
  20. Jul 29, 20268-K EDGAR

The 215 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

66 open-market trades by officers, directors and large owners since October 2021: 61 buys and 5 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Sep 17, 2026Lightheart CharmaineEVP/CRDEOBuy100$5.68$568Form 4
Sep 17, 2026Sherman NicolePresident/CEOBuy1,765$5.69$10.0KForm 4
Sep 16, 2026Graham StaceyDirectorBuy1,750$5.70$10.0KForm 4
Sep 15, 2026Wills Bessie RossDirectorBuy2,000$5.59$11.2KForm 4
Sep 14, 2026Zamanizadeh Kourosh NasserDirectorBuy3,600$5.38$19.4KForm 4
Aug 20, 2026Benke RobertEVP/CCOBuy1,000$5.05$5.0KForm 4
Aug 18, 2026Carlson BradleyDirectorBuy1,000$5.07$5.1KForm 4
Aug 17, 2026Lam DavidEVP/CFOBuy1,000$5.17$5.2KForm 4
Aug 12, 2026Lightheart CharmaineEVP/CRDEOBuy250$5.31$1.3KForm 4
Aug 3, 2026Girod Jon LouisDirectorBuy1,000$5.41$5.4KForm 4
Jul 31, 2026Girod Jon LouisDirectorBuy2,000$5.24$10.5KForm 4
Jul 24, 2026Nierenberg Investment Management Company, LLC10% ownerSale5,000$5.29$26.4KForm 4
Jul 23, 2026Nierenberg Investment Management Company, LLC10% ownerSale5,000$5.27$26.4KForm 4
Jul 22, 2026Nierenberg Investment Management Company, LLC10% ownerSale5,000$5.25$26.2KForm 4
Jun 1, 2026Lightheart CharmaineEVP/CRDEOBuy150$5.54$831Form 4
May 29, 2026Lightheart CharmaineEVP/CRDEOBuy26$5.59$145Form 4
May 8, 2026Benke RobertEVP/CCOBuy4,000$5.44$21.8KForm 4
May 7, 2026Sherman NicolePresident/CEOBuy1,800$5.49$9.9KForm 4
May 5, 2026Hoff LarryDirectorBuy1,920$5.22$10.0KForm 4
May 4, 2026Cox Daniel DEVP/COOBuy1,000$5.22$5.2KForm 4

All 66 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 87. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
Nierenberg Investment Management Company, LLC2,032,775$11.0M5.5%No change
Dimensional Fund Advisors LP1,341,963$7.3M0.0%+5,943
BlackRock, Inc.1,296,799$7.0M0.0%−1,080,369
Manufacturers Life Insurance Company, The1,062,090$5.8M0.0%−14,360
Vanguard Capital Management LLC883,074$4.8M0.0%−7,743
Ameriprise Financial Inc878,059$4.8M0.0%−10,594
Pacific Ridge Capital Partners, LLC749,544$4.1M0.7%−5,811
Arrowstreet Capital, Limited Partnership555,402$3.0M0.0%−22,698
Essex Investment Management Co LLC373,534$2.0M0.3%−16,761
Renaissance Technologies LLC350,030$1.9M0.0%+30,823
Millennium Management LLC276,763$1.5M0.0%New
Bridgeway Capital Management, LLC275,199$1.5M0.0%No change
Geode Capital Management, LLC228,970$1.2M0.0%−229,053
Jane Street Group, LLC193,765$1.1M0.0%New
Fourthstone LLC169,041$917.9K0.7%New
Goldman Sachs Group Inc146,469$795.3K0.0%−58,908
Empowered Funds, LLC128,293$696.6K0.0%No change
Vanguard Fiduciary Trust Co127,191$690.6K0.0%−25,333
Legato Capital Management LLC125,912$683.7K0.1%+3,724
Susquehanna International Group, Llp121,660$660.6K0.0%New
Bank Of America Corp /de/118,347$642.6K0.0%−13,186
American Century Companies Inc111,432$605.1K0.0%−2,575
Aqr Capital Management LLC103,808$563.7K0.0%+45,592
Ancora Advisors LLC97,424$529.0K0.0%+76,777
Continental Advisors LLC86,004$467.0K0.3%No change

13F reports cover disclosed long positions in U.S. stocks only.

SEC filer profile

How RIVERVIEW BANCORP INC is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARRIVERVIEW BANCORP INC1
  • CIK0001041368
  • Employer ID (EIN)91-18389695
  • Filer statusNon-accelerated filer not an emerging growth company; a smaller reporting company; not a shell company5
  • Incorporated inWashington5
  • Fiscal year endsMarch 311
  • Industry code (SIC)6035 Savings Institution, Federally Chartered1
  • SEC reviewing officeOffice of Finance, Division of Corporation Finance1
  • Business address900 Washington Street, Suite 900, Vancouver, WA 986601
  • Phone360-693-66501
  • Shares outstanding19,953,186 as of Aug 14, 202612
  • Public float$112.4M as of Sep 30, 20255
  • AuditorAprio, LLP, Lake Oswego, Oregon PCAOB ID 926; no auditor attestation of internal control over financial reporting5
  • On EDGAR sinceJun 27, 19971
  • Filings917 in all: 4 (358), 8-K (189), 10-Q (87), SC 13G/A (71), 3 (30), DEF 14A (29), SC 13G (26), 10-K (25)1
    All 38 form types

    SCHEDULE 13G/A (11), CORRESP (9), S-1/A (8), UPLOAD (8), DEFA14A (7), 8-K/A (6), 10-K405 (4), 10-Q/A (4), 4/A (4), S-8 (4), SC 13D/A (4), SCHEDULE 13G (4), S-1 (3), SC 13D (3), SCHEDULE 13D/A (3), 424B1 (2), 424B3 (2), ARS (2), EFFECT (2), S-4 (2), 10-K/A (1), 11-KT (1), 424A (1), 425 (1), 5 (1), 8-A12G (1), FWP (1), RW (1), S-1MEF (1), S-3 (1)

  • Latest filingsAnnual report (10-K) Jun 12, 2026
    Quarterly report (10-Q) Aug 14, 2026
    Proxy statement (DEF 14A) Jul 17, 2026
    Latest 8-K (8-K) Sep 4, 2026

Securities registered for trading

ClassSymbolExchange
Common Stock, Par Value $0.01 per shareRVSBThe NASDAQ Stock Market LLC

From the cover page of the 10-K filed Jun 12, 2026 (Section 12(b) of the Exchange Act).5

Risk factors and legal proceedings

The risks RIVERVIEW BANCORP INC names in Item 1A of its 10-K filed Jun 12, 2026: 31 risks under these headings, as written.5

  • Risks Related to Macroeconomic Conditions
  • Our business may be adversely affected by downturns in the national and the regional economies on which we depend.
  • Monetary policy, inflation, deflation, and other external economic factors could adversely impact our financial performance and operations.
  • Risks Related to our Lending Activities
  • Our real estate construction loans are based upon estimates of costs and the value of the completed project, and as with land loans may be more difficult to liquidate, if necessary.
  • Commercial and multi-family real estate lending involves higher risks than real estate one-to-four family and other consumer lending, which exposes us to increased lending risks.
  • Our business may be adversely affected by credit risk associated with residential property and declining property values.
  • Repayment of our commercial business loans is often dependent on the cash flows of the borrower, which may be unpredictable, and the collateral securing these loans may fluctuate in value.
  • Our ACL for loans may prove insufficient to absorb losses in our loan portfolio. Future additions to our ACL, as well as charge-offs in excess of reserves, will reduce our earnings.
  • Risks Related to Market and Interest Rate Changes
  • Changes in interest rates may reduce our net interest income and may result in higher defaults in a rising rate environment.
  • We may incur losses on our securities portfolio as a result of changes in interest rates.
The other 22 risks
  • Revenue from broker loan fees is sensitive to changes in economic conditions, decreased economic activity, a slowdown in the housing market, higher interest rates or new legislation which may adversely impact our financial condition and results of operations.
  • A general decline in economic conditions may adversely affect the fees generated by our asset management company.
  • Risks Related to Regulatory, Legal and Compliance Matters
  • The continued focus on increasing our commercial real estate loan portfolio may subject us to additional regulatory scrutiny.
  • We operate in a highly regulated environment and may be adversely affected by changes in federal and state laws and regulations.
  • Non-compliance with the USA PATRIOT Act, Bank Secrecy Act, or other laws and regulations could result in fines or sanctions and limit our ability to get regulatory approval of acquisitions.
  • If our enterprise risk management framework is not effective at mitigating risk and loss to us, we could suffer unexpected losses and our results of operations could be materially adversely affected.
  • Climate change and related legislative and regulatory initiatives may materially affect the Company’s business and results of operations.
  • Risks Related to Cybersecurity, Data and Fraud
  • We are subject to certain risks in connection with our use of technology.
  • Our business may be adversely affected by an increasing prevalence of fraud and other financial crimes.
  • Our current and future uses of AI and other emerging technologies may create additional risks.
  • Risks Related to Accounting Matters
  • Our reported financial results depend on management’s selection of accounting methods and certain assumptions and estimates, which, if incorrect, could cause unexpected losses in the future.
  • Certain accounting policies, most notably the ACL, are critical to presenting our financial condition and results of operations. They require management to make difficult, subjective or complex judgments about matters that are uncertain. Materially different amounts could be reported under different conditions or using different assumptions or estimates. For more information, refer to “Management’s Discussion and Analysis of Financial Condition and Results of Operations - Critical Accounting Estimates” contained in this Form 10-K.
  • We may experience future goodwill impairment, which could reduce our earnings.
  • Risks Related to Merger and Acquisition Strategy
  • While acquisitions supplement our strategic growth objectives, they involve risks that may negatively impact our results of operations and financial condition.
  • Risks Related to our Business and Industry General
  • We rely on other companies to provide key components of our business infrastructure.
  • Ineffective liquidity management could adversely affect our financial results and condition.
  • Our branching strategy may cause our expenses to increase faster than revenues.
  • Our growth or future losses may require us to raise additional capital in the future, but that capital may not be available when it is needed or the cost of that capital may be exceedingly high.
  • Changes in Laws, Regulations and Public Expectations Relating to Diversity, Equity and Inclusion (“DEI”) and Environmental, Social and Governance (“ESG”) Matters May Adversely Impact Our Reputation, Compliance Costs, and Business Operations.
  • Competition with other financial institutions could adversely affect our profitability.
  • Our ability to retain and recruit key management personnel and bankers is critical to the success of our business strategy and any failure to do so could impair our customer relationships and adversely affect our business and results of operations.
  • We rely on dividends from the Bank for substantially all of our revenue at the holding company level.

Legal proceedings

From time to time, the Company is involved in various legal proceedings arising in the ordinary course of business. These include, but are not limited to, claims to enforce liens, condemnation proceedings on properties securing the Company’s loans, and claims related to the origination and servicing of real estate loans and other matters incidental to the Company’s operations. The Company is not a party to any pending legal proceedings that it believes would have a material adverse effect on the financial condition, results of operations or liquidity of the Company. For additional information on the Company’s litigation, see Note 16, Commitments and Contingencies – Litigation, of the Notes to Consolidated Financial Statements contained in Item 8 of this Form 10-K

The opening of Item 3, Legal Proceedings.5

Sources

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