Riverview Bancorp (RVSB) Q2 2027 earnings summary

Executive summary

• Net income reached $2.0 million, or $0.10 diluted EPS, the highest quarterly net income in 12 quarters; earnings benefited from the March 2026 balance sheet optimization.

• Management cited a strong loan pipeline, improving efficiency, and continued progress toward normalized profitability metrics compared with peers.

Financial highlights

• Q2 net income was $1.973 million vs. $1.694 million in Q1 FY2027 and $1.099 million in Q2 FY2026; diluted EPS was $0.10 vs. $0.08 and $0.05.

• Net interest income was $11.8 million vs. $11.4 million QoQ and $9.8 million YoY; H1 FY2027 was $23.2 million vs. $19.6 million.

• Non-interest income was $3.6 million vs. $3.8 million YoY; non-interest expense was $12.9 million vs. $12.2 million.

• H1 FY2027 net income was $3.667 million vs. $2.324 million in H1 FY2026.

Outlook and guidance

• Loan repricing and maturities total $47.2 million in FY2027 at a 4.90% weighted average rate, $91.3 million in FY2028 at 5.43%, and $108.3 million in FY2029 at 6.05%.

• Management expects proceeds from securities sales to be deployed through loan originations, higher-yielding bond purchases, FHLB repayment, or cash reserves.

• The $139.6 million loan pipeline and management’s stated focus on growth, expense discipline, and normalized profitability support the second-half outlook.