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Patricia Eby, a director at Riverview Bancorp Inc (NASDAQ:RVSB), recently purchased 1,000 shares of the company’s common stock. The acquisition was made on May 22, 2025, at a price of $5.75 per share, amounting to a total transaction value of $5,750. The purchase comes as the stock has shown strong momentum, delivering a remarkable 53.55% return over the past year. According to InvestingPro analysis, RVSB is currently trading slightly below its Fair Value. Following this transaction, Eby holds 5,400 shares indirectly, with ownership attributed to a family member. This purchase reflects an increase in Eby’s stake in the Vancouver, Washington-based financial institution, bringing her total direct ownership to 22,000 shares. The $123.55M market cap company has maintained dividend payments for 11 consecutive years, demonstrating consistent shareholder returns. InvestingPro subscribers can access 6 additional key insights about RVSB’s financial health and growth prospects.
In other recent news, Riverview Bancorp has initiated a $2 million stock buyback program, allowing the company to repurchase outstanding common stock over the next 12 months. This move is designed to enhance shareholder value, as stated by Riverview’s President and CEO, Nicole Sherman. Additionally, the company operates with $1.51 billion in assets and has been recognized for its service quality, being named Best Bank for 11 consecutive years by local publications. In a separate development, Raymond (NSE:RYMD) James has maintained its Outperform rating for Riverview Bancorp, setting a price target of $6.25. This confidence follows investor meetings that emphasized the bank’s growth and strategic capital deployment, including share repurchases and potential mergers and acquisitions. The firm noted improvements in Riverview’s treasury management offerings and its focus on the commercial and industrial sector. Analysts at Raymond James expect an improving growth trajectory and expanding net interest margin to drive positive operating leverage. They also highlighted Riverview’s strong asset quality and potential for capital deployment as factors enhancing its franchise value.
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