Riverview Bancorp (RVSB) Q4 2026 earnings summary

Executive summary

• Fiscal Q4 2026 net interest income rose to $10.2M from $9.2M year-over-year, with net interest margin at 2.92% versus 2.65% last year.

• Strategic balance sheet optimization led to a reported net loss of $8.0M for Q4, but net income excluding this was $656K ($0.03 per share).

• For fiscal 2026, net income excluding optimization was $4.4M ($0.21 per share), while reported net loss was $4.3M.

• Loan and deposit growth continued, with strong commercial and business banking momentum.

Financial highlights

• Net interest income for fiscal 2026 increased to $40.3M from $36.3M in fiscal 2025.

• Net interest margin for the year was 2.86%, up from 2.54% in the prior year.

• Non-interest income (excluding optimization) was $3.3M for Q4 and $14.1M for the year.

• Non-interest expense for Q4 was $11.5M, up slightly year-over-year; full year expense was $47.7M.

• Tangible book value per share at March 31, 2026, was $5.76.

Outlook and guidance

• Strategic optimization expected to add 25 bps to net interest margin and $0.13 to EPS annually once fully realized.

• Loan pipeline remains strong, with commercial and industrial lending and business banking gaining traction.

• Digital banking initiatives and treasury management platforms are expanding.