Riverview Bancorp Inc reports results for the quarter ended December 31 - Earnings Summary

• Riverview Bancorp Inc RVSB.OQ reported quarterly adjusted earnings of 6 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 7 cents. The lone analyst forecast for the quarter was for earnings of 4 cents per share.

• Revenue rose 2.8% to $12.73 million from a year ago; analysts expected $12.60 million.

• Riverview Bancorp Inc's reported EPS for the quarter was 6 cents​.

• The company reported quarterly net income of $1.23 million.

• Riverview Bancorp Inc shares had fallen by 1.6% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the banks peer group is also "buy"

Wall Street's median 12-month price target for Riverview Bancorp Inc is $5.25

This summary was machine generated from LSEG data January 31 at 11:59 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)