Riverview Bancorp, Inc. filings document formal disclosures for a Washington savings and loan holding company and its Riverview Bank subsidiary. Recent 8-K reports include results of operations and financial condition, with earnings exhibits covering net interest income, net interest margin, credit quality, noninterest income and expense, dividends, tangible book value and stock repurchase activity.
Other material-event filings cover investment securities portfolio actions, including held-to-maturity and available-for-sale classification matters, share repurchase authorization, board appointments and director retirement disclosures, bylaw amendments affecting board size, and changes in the independent registered public accounting firm.
Manulife Financial Corporation and affiliates report beneficial ownership stakes in Riverview Bancorp, Inc. Manulife Investment Management (US) LLC holds 1,071,741 shares of Common Stock, representing 5.17% of the class, and Manulife Investment Management Limited holds 4,709 shares (0.02%), based on 20,710,901 shares outstanding as of February 13, 2026 per the issuer's Form 10-Q. The filing is a joint Schedule 13G/A amendment indicating aggregated beneficial ownership through MFC's indirect, wholly owned subsidiaries. Signatures for the filing were provided by authorized representatives, and the filing references an existing power of attorney for signature authority.
Riverview Bancorp executive Robert Benke reported a new share purchase. On May 8, 2026, the EVP and Chief Credit Officer bought 4,000 shares of Common Stock in an open-market transaction at $5.44 per share.
After this purchase, Benke directly owns 47,984 shares of Riverview Bancorp Common Stock. The filing also shows 4,815 shares held indirectly through the ESOP and, according to a footnote, 8,740 shares owned in the Riverview 401(k) Plan, highlighting additional retirement-related holdings.
Riverview Bancorp Inc. President and CEO Nicole Sherman made an open-market purchase of company stock. On May 7, 2026, she bought 1,800 shares of common stock at an average price of $5.4867 per share, increasing her direct holdings to 164,717 shares.
Riverview Bancorp Inc. director Larry Hoff reported an open-market purchase of company stock. On May 5, 2026, he bought 1,920 shares of Riverview Bancorp Common Stock at $5.215 per share. Following this transaction, his direct ownership increased to 14,020 shares of common stock.
Riverview Bancorp EVP/COO Daniel D. Cox reported an open-market purchase of 1,000 shares of common stock at $5.22 per share. Following this transaction, he directly holds 70,008 common shares and also reports 7,960 shares held indirectly through the ESOP.
A footnote further notes ownership of 6,684 shares in the Riverview 401(k) Plan, adding to his overall economic exposure to RVSB stock.
Riverview Bancorp reported a fiscal fourth quarter 2026 net loss of $8.0 million, or $(0.39) per diluted share, driven by a strategic balance sheet optimization and related securities losses. Excluding this action, non-GAAP net income was $656,000, or $0.03 per diluted share.
The company reclassified all held-to-maturity securities to available-for-sale and sold $149.3 million of lower-yielding bonds at a pre-tax loss of $11.4 million, expecting less than 3.5-year earn-back, about 25 bps added to net interest margin and roughly $0.13 in annual EPS once fully redeployed.
Net interest income rose year over year, with quarterly net interest margin at 2.92% versus 2.65% a year earlier, and loans reached $1.08 billion. Credit metrics weakened as non-performing loans climbed to 0.71% of total loans and quarterly net charge-offs were $1.1 million. Capital and liquidity remained solid, with a total risk-based capital ratio of 15.62%, tangible common equity to tangible assets of 8.25%, available liquidity of about $593.7 million, and an uninsured deposit ratio of 28.2%.
Riverview Bancorp Inc ownership disclosure: Vanguard Capital Management reports beneficial ownership of 1,041,881 shares of Common Stock, representing 5.03% of the class. The filing shows sole dispositive power over 1,041,881 shares and sole voting power for 151,064 shares, and states these holdings include shares held for Vanguard funds and managed accounts.
Riverview Bancorp, Inc. announced that director Bradley J. Carlson, who has served on the boards of both Riverview Bancorp and Riverview Bank since December 2014, will not stand for re-election at the Company’s 2026 Annual Meeting and intends to resign from the Bank’s board at that time.
The Company states that Mr. Carlson’s decision is not due to any disagreement regarding its operations, policies or practices. He is thanked by the board chairman for providing thoughtful and strategic oversight and will continue serving as a director of Riverview Trust Company, a wholly-owned subsidiary of the Bank.
Riverview Bancorp Inc. director Kourosh Nasser Zamanizadeh reported his initial holdings on a Form 3. He directly holds 11,876.81 shares of the company’s Common Stock, with no buy or sell transactions reported in this filing.
Riverview Bancorp Inc. director Jon Louis Girod has filed an initial Form 3, which is the required statement of beneficial ownership when an insider first becomes subject to reporting rules. The provided data shows no reported transactions or specific share amounts, indicating this is purely an initial ownership filing.