RIVERVIEW BANCORP DL-,01

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. » Plus sur 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. » Plus sur de.investing.com

Bradley J. Carlson will not stand for re-election at the 2026 annual meeting and will then leave the board of Riverview Bank. The company said his resignation is not due to any disagreement with the company. After stepping down, Carlson will remain a director of the subsidiary Riverview Trust Company. Riverview Bancorp also reported the sale of low‑yield securities with an estimated pre‑tax loss of $11.4 million, confirmed a quarterly dividend of $0.02 per share, initiated a $4 million share repurchase program, and appointed Kourosh Zamani and Jon Girod to the board. » Plus sur de.investing.com