Riverview Bancorp, Inc. (RVSB)

Riverview Bancorp Income Statement

Financials in millions USD. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Interest Income on Loans	48.12	46.03	44.74	44.08	45.5	46.41
Interest Income on Investments	9.78	10.52	10.92	5.75	2.85	4.09
Total Interest Income	57.9	56.56	55.67	49.83	48.34	50.5
Interest Paid on Deposits	12.38	8.29	1.5	1.42	2.54	2.89
Interest Paid on Borrowings	9.88	10.18	2.56	0.78	0.88	1.87
Total Interest Expense	22.27	18.47	4.06	2.2	3.43	4.76
Net Interest Income	35.64	38.09	51.61	47.63	44.92	45.73
Net Interest Income Growth (YoY)	-22.06%	-26.20%	8.36%	6.03%	-1.78%	-2.81%
Trust Income	5.67	5.33	4.73	4.11	3.65	4.41
Gain (Loss) on Sale of Assets	-	-	-	0.99	-0.01	0.07
Gain (Loss) on Sale of Investments	-2.73	-2.73	-	-	-	0.03
Other Non-Interest Income	7.82	7.64	7.46	8.14	7.44	7.92
Total Non-Interest Income	10.76	10.24	12.19	13.24	11.08	12.43
Non-Interest Income Growth (YoY)	-14.79%	-16.01%	-7.88%	19.51%	-10.92%	11.95%
Revenues Before Loan Losses	46.4	48.33	63.8	60.86	55.99	58.17
Provision for Loan Losses	0.1	-	0.75	-4.63	6.3	1.25
Revenue	46.3	48.33	63.05	65.49	49.69	56.92
Revenue Growth (YoY)	-19.62%	-23.35%	-3.72%	31.78%	-12.69%	-2.06%
Salaries and Employee Benefits	24.94	24.02	23.41	23.12	22.08	22.31
Occupancy Expenses	6.11	5.53	4.83	4.15	4.26	3.86
Federal Deposit Insurance	0.7	0.71	0.53	0.44	0.32	0.08
Amortization of Goodwill & Intangibles	0.1	0.11	0.12	0.12	0.14	0.16
Selling, General & Administrative	7.6	7.17	6.97	6.97	6.67	7.15
Other Non-Interest Expense	5.98	6.19	3.52	2.9	2.78	2.78
Total Non-Interest Expense	45.43	43.73	39.37	37.71	36.24	36.34
EBT Excluding Unusual Items	0.87	4.6	23.68	27.78	13.45	20.58
Legal Settlements	0.1	-	-	-	-	-
Pretax Income	0.97	4.6	23.68	28.28	13.45	20.58
Income Tax Expense	-0.04	0.8	5.61	6.46	2.98	4.83
Net Income	1.01	3.8	18.07	21.82	10.47	15.75
Net Income to Common	1.01	3.8	18.07	21.82	10.47	15.75
Net Income Growth	-92.56%	-78.98%	-17.19%	108.37%	-33.50%	-8.79%
Basic Shares Outstanding	21	21	22	22	22	23
Diluted Shares Outstanding	21	21	22	22	22	23
Shares Change (YoY)	-0.96%	-2.34%	-2.60%	-0.39%	-1.90%	0.37%
EPS (Basic)	0.05	0.18	0.84	0.98	0.47	0.69
EPS (Diluted)	0.05	0.18	0.83	0.98	0.47	0.69
EPS Growth	-92.43%	-78.35%	-15.31%	108.65%	-31.93%	-9.21%
Dividend Per Share	0.160	0.240	0.240	0.215	0.200	0.190
Dividend Growth	-33.33%	0%	11.63%	7.50%	5.26%	26.67%
Effective Tax Rate	-	17.43%	23.69%	22.83%	22.16%	23.47%

Source: S&P Capital IQ. Banks template. Financial Sources.