Riverview Bancorp Inc (NASDAQ: RVSB) has reported a loss for its fourth fiscal quarter (ending March 31) of $-0.14 versus $0.14 for the same period a year ago. For the latest four quarters through March 31, E.P.S. were $0.18 compared to $0.84 a year ago.
Recent Price Action
Riverview Bancorp Inc (NASDAQ: RVSB) stock closed at $4.45 on 4/25/24 after being unchanged was unchanged. However, trading volume in this flat performance was exceptionally low at 36% of normal. The stock has risen 6.5% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
RVSB is expected to continue to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.
Riverview Bancorp has a current Value Trend Rating of D (Negative). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Riverview Bancorp has a neutral Appreciation Score of 55 but a poor Power Rating of 27, resulting in the Negative Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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