Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Riverview Bancorp (RVSB) Share Price
News coverage about Riverview Bancorp (NASDAQ:RVSB) has trended somewhat positive recently, according to Accern. The research firm identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Riverview Bancorp earned a news sentiment score of 0.21 on Accern’s scale. Accern also assigned news stories about the savings and loans company an impact score of 46.4762351381064 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Several equities research analysts recently commented on RVSB shares. ValuEngine raised Riverview Bancorp from a “hold” rating to a “buy” rating in a report on Friday, June 2nd. Zacks Investment Research raised Riverview Bancorp from a “hold” rating to a “buy” rating and set a $9.00 price target for the company in a report on Thursday, August 3rd.
Shares of Riverview Bancorp (NASDAQ RVSB) opened at 8.03 on Friday. The company has a 50 day moving average price of $7.71 and a 200 day moving average price of $7.29. The firm has a market cap of $180.71 million, a PE ratio of 21.70 and a beta of 0.28. Riverview Bancorp has a 12-month low of $4.91 and a 12-month high of $8.16.
Riverview Bancorp (NASDAQ:RVSB) last posted its earnings results on Tuesday, July 25th. The savings and loans company reported $0.12 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.11 by $0.01. Riverview Bancorp had a return on equity of 7.51% and a net margin of 17.19%. The firm had revenue of $13.17 million for the quarter, compared to analyst estimates of $13.20 million. On average, analysts forecast that Riverview Bancorp will post $0.52 earnings per share for the current fiscal year.
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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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