RIVERVIEW BANCORP DL-,01

Shareholders elected four directors, approved a non-binding advisory vote on executive compensation and adopted Riverview Bancorp's 2026 Stock Purchase Plan. Management said a March 2026 balance-sheet optimization sold $149.3 million of low-yield securities, generating a pretax loss of $11.4 million but allowing redeployment into higher-yielding bonds and supporting wider net interest margins. Fiscal 2026 showed a reported net loss of $4.3 million while non-GAAP net income excluding the securities sale was $4.4 million; the company returned to positive net income in the quarter ended June 30, 2026. Riverview reported loans above $1 billion, deposits of $1.26 billion, about $800 million in available liquidity, a total capital ratio of 15.64%, and the board approved a new $4 million share repurchase program alongside priorities to expand digital, data and AI capabilities. » Más en finance.yahoo.com

Riverview Bancorp approved a share buyback program of up to $4.0 million, allowing purchases on the market and via private transactions over a period of up to 12 months. The board also approved a possible Rule 10b5-1 trading plan with Raymond James to execute the repurchases. The bank said the move reflects confidence in its capital strength; Riverview reported total assets of $1.47 billion and 17 branches as of June 30, 2026. » Más en de.investing.com

Riverview Bancorp announced the retirement of Michael Sventek, executive vice president and chief credit officer, effective October 30, 2026. Sventek spent more than 35 years in banking and helped Riverview diversify and expand its loan portfolio. The company will begin the search for a successor with relevant expertise next month. » Más en de.investing.com