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Riverview Bancorp Declares Quarterly Cash Dividend of $0.02 Per Share

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Riverview Bancorp (Nasdaq: RVSB) has declared a quarterly cash dividend of $0.02 per share, maintaining the same amount as the previous quarter. The dividend will be paid on January 2, 2025, to shareholders of record as of January 14, 2025.

The company, headquartered in Vancouver, Washington, operates with assets of $1.55 billion as of September 30, 2024. Riverview operates 17 branches, including 13 in the Portland-Vancouver area, and 3 lending centers, providing banking services to commercial, business, and retail clients.

Riverview Bancorp (Nasdaq: RVSB) ha dichiarato un dividendo in contante trimestrale di $0.02 per azione, mantenendo lo stesso importo del trimestre precedente. Il dividendo verrà pagato il 2 gennaio 2025 agli azionisti registrati al 14 gennaio 2025.

L'azienda, con sede a Vancouver, Washington, opera con attivi di $1.55 miliardi al 30 settembre 2024. Riverview gestisce 17 filiali, di cui 13 nell'area Portland-Vancouver, e 3 centri di prestito, fornendo servizi bancari a clienti commerciali, aziendali e al dettaglio.

Riverview Bancorp (Nasdaq: RVSB) ha declarado un dividendo en efectivo trimestral de $0.02 por acción, manteniendo el mismo monto que el trimestre anterior. El dividendo se pagará el 2 de enero de 2025 a los accionistas registrados a partir del 14 de enero de 2025.

La empresa, con sede en Vancouver, Washington, opera con activos de $1.55 mil millones al 30 de septiembre de 2024. Riverview opera 17 sucursales, incluyendo 13 en el área de Portland-Vancouver, y 3 centros de préstamo, proporcionando servicios bancarios a clientes comerciales, empresariales y minoristas.

리버뷰 은행 (Nasdaq: RVSB)는 주당 $0.02의 분기 배당금을 발표했습니다. 이는 이전 분기와 동일한 금액입니다. 배당금은 2025년 1월 2일에 지급되며, 2025년 1월 14일 기준의 주주에게 지급됩니다.

워싱턴주 밴쿠버에 본사를 두고 있는 이 회사는 2024년 9월 30일 현재 $15.5억 달러의 자산을 보유하고 있습니다. 리버뷰는 포틀랜드-밴쿠버 지역에 13개를 포함하여 총 17개의 지점을 운영하며, 3개의 대출 센터를 통해 상업, 비즈니스 및 소매 고객에게 은행 서비스를 제공합니다.

Riverview Bancorp (Nasdaq: RVSB) a déclaré un dividende en espèces trimestriel de 0,02 $ par action, maintenant le même montant que le trimestre précédent. Le dividende sera versé le 2 janvier 2025 aux actionnaires enregistrés au 14 janvier 2025.

L'entreprise, dont le siège est à Vancouver, Washington, gère des actifs de 1,55 milliard $ au 30 septembre 2024. Riverview exploite 17 agences, dont 13 dans la région de Portland-Vancouver, et 3 centres de prêt, fournissant des services bancaires à des clients commerciaux, d'affaires et de détail.

Riverview Bancorp (Nasdaq: RVSB) hat eine vierteljährliche Bardividende von $0.02 pro Aktie erklärt und bleibt damit auf dem gleichen Niveau wie im vorherigen Quartal. Die Dividende wird am 2. Januar 2025 an Aktionäre ausgezahlt, die am 14. Januar 2025 registriert sind.

Das Unternehmen hat seinen Sitz in Vancouver, Washington, und verwaltet zum 30. September 2024 Vermögenswerte von $1,55 Milliarden. Riverview betreibt 17 Filialen, darunter 13 im Bereich Portland-Vancouver, sowie 3 Kreditzentren und bietet Bankdienstleistungen für kommerzielle, geschäftliche und Einzelhandelskunden an.

Positive
  • Maintained quarterly dividend payment, showing stable shareholder returns
  • Strong asset base of $1.55 billion
  • Extensive branch network with 17 locations and 3 lending centers
Negative
  • No dividend increase despite market conditions
  • Low dividend amount of $0.02 per share indicates conservative capital distribution

VANCOUVER, Wash., Dec. 23, 2024 (GLOBE NEWSWIRE) -- Riverview Bancorp, Inc. (Nasdaq GSM: RVSB) (“Riverview” or the “Company”) today announced that on December 17, 2024, its Board of Directors approved a quarterly cash dividend of $0.02 per share which remained unchanged compared to the preceding quarter. The dividend is payable on January 2, 2025, to shareholders of record as of January 14, 2025.

About Riverview

Riverview Bancorp, Inc. (www.riverviewbank.com) is headquartered in Vancouver, Washington – just north of Portland, Oregon, on the I-5 corridor. With assets of $1.55 billion on September 30, 2024, it is the parent company of Riverview Bank, as well as Riverview Trust Company. The Bank offers true community banking services, focusing on providing the highest quality service and financial products to commercial, business and retail clients through 17 branches, including 13 in the Portland-Vancouver area, and 3 lending centers. For the past 10 years, Riverview has been named Best Bank by The Vancouver Business Journal and The Columbian.

This press release contains statements that the Company believes are “forward-looking statements.” These statements relate to the Company’s financial condition, results of operations, plans, objectives, future performance or business. You should not place undue reliance on these statements, as they are subject to risks and uncertainties. When considering these forward-looking statements, you should keep in mind these risks and uncertainties, as well as any cautionary statements the Company may make including those described in 1A (Risk Factors) of the Company’s Form 10-K for the fiscal year ended March 31, 2024. Moreover, you should treat these statements as speaking only as of the date they are made and based only on information then actually known to the Company.

Contacts:Nicole Sherman and David Lam                                                                         
 Riverview Bancorp, Inc. 360-693-6650  

FAQ

When will Riverview Bancorp (RVSB) pay its next dividend?

Riverview Bancorp will pay its next dividend of $0.02 per share on January 2, 2025, to shareholders of record as of January 14, 2025.

What is Riverview Bancorp's (RVSB) current quarterly dividend amount?

Riverview Bancorp's current quarterly dividend is $0.02 per share, unchanged from the previous quarter.

What was Riverview Bancorp's (RVSB) total asset value as of September 2024?

Riverview Bancorp reported total assets of $1.55 billion as of September 30, 2024.

How many branches does Riverview Bancorp (RVSB) operate?

Riverview Bancorp operates 17 branches, including 13 in the Portland-Vancouver area, and 3 lending centers.

Riverview Bancorp Inc

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121.36M
20.41M
2.94%
69.85%
0.14%
Banks - Regional
Savings Institution, Federally Chartered
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United States of America
VANCOUVER