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Riverview Bancorp Inc - Reclassifies Entire Htm Securities To Afs Securities

ReutersMar 25, 2026 1:02 PM

Riverview Bancorp Inc RVSB.O:

RIVERVIEW BANCORP INC - RECLASSIFIES ENTIRE HTM SECURITIES TO AFS SECURITIES
RIVERVIEW BANCORP INC - SELLS $149.3 MILLION IN SECURITIES FOR ESTIMATED PRE-TAX LOSS OF $11.4 MILLION
RIVERVIEW BANCORP INC - NO ADDITIONAL CAPITAL NEEDED; RIVERVIEW REMAINS WELL-CAPITALIZED
RIVERVIEW BANCORP INC - OPTIMIZATION EXPECTED TO ADD 25 BPS TO NET INTEREST MARGIN AND $0.13 TO EPS ANNUALLY
RIVERVIEW BANCORP INC - OPTIMIZATION NOT EXPECTED TO IMPACT ACTIVE STOCK BUYBACK
RIVERVIEW BANCORP INC - TO REINVEST PROCEEDS INTO HIGHER-YIELDING BONDS, LOANS, PAY DOWN BORROWINGS, OR HOLD CASH

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