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VANCOUVER - Riverview Bancorp, Inc. (NASDAQ:RVSB) announced Monday that its Board of Directors has approved a quarterly cash dividend of $0.02 per share, unchanged from the previous quarter. The dividend will be payable on October 20, 2025, to shareholders of record as of October 9, 2025. According to InvestingPro data, the company has maintained dividend payments for 11 consecutive years, with a current yield of 1.48%.
The Vancouver, Washington-based financial institution, with assets of $1.52 billion as of June 30, 2025, serves as the parent company of Riverview Bank and Riverview Trust Company. Trading at a market capitalization of $111.86 million, the bank operates 17 branches, including 13 in the Portland-Vancouver area, along with three lending centers. InvestingPro analysis suggests the stock is currently undervalued, with strong profitability indicators over the last twelve months.
Riverview focuses on providing banking services to commercial, business, and retail clients throughout the region. The company has maintained its dividend level amid ongoing operations in the Pacific Northwest market.
According to a press release statement issued by the company, Riverview has been recognized as "Best Bank" by readers of The Vancouver Business Journal and The Columbian for the past 11 years.
The bank's quarterly dividend announcement comes as part of its regular shareholder return program, with the payment scheduled for next month to investors holding shares as of the early October record date.
In other recent news, Riverview Bancorp, Inc. held its annual meeting where shareholders voted on the election of directors and an advisory proposal regarding executive compensation. The meeting was well-attended, with 15,076,904 shares represented out of 20,976,198 shares entitled to vote, establishing a quorum. Additionally, Riverview Bancorp announced key leadership changes within its finance team, appointing Graham Clancy as Senior Vice President and Director of Finance and promoting Phung Le to Senior Vice President and Controller. These changes come as part of the company's efforts to enhance its financial operations. In another development, Riverview Bancorp's top executives, including President and CEO Nicole Sherman, are set to present at the Raymond James 2025 U.S. Bank and Banking on Tech Conferences. The company will provide an information update and share investor materials in connection with these meetings. These recent developments highlight Riverview Bancorp's focus on strategic leadership and investor engagement.
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