Riverview Bancorp(RVSB) - 2025 FY - Earnings Call Transcript

Financial Data and Key Metrics Changes - Riverview Bancorp reported a net income of $4,900,000 for FY 2025, an increase of 29% from the previous year [22][27] - The total capital ratio increased from 16.48% to 16.56%, and the leverage ratio rose from 11.1% to 11.16% [32][33] Business Line Data and Key Metrics Changes - The loan portfolio grew by nearly 4% year-over-year, with a total balance exceeding $1,000,000,000 [22][28] - The loan pipeline reached $90,000,000, the strongest it has ever been, contributing to increased loan production and expanding net interest margin [22][30] Market Data and Key Metrics Changes - Deposits were at $1,210,000,000 as of June 2025, slightly down from March 2025 due to normal seasonality, but overall deposits remained steady [30] - Riverview was added to the Russell 3000 Index and Russell 2000 Index, enhancing visibility within the institutional investment community [23][24] Company Strategy and Development Direction - The company has launched a three-year strategic plan focusing on being the preferred place to bank and work in the Pacific Northwest, with five key categories: employer of choice, profitable growth, client experience, data empowerment, and digital experience [16][21] - Recent strategic updates to the finance team were announced to enhance financial operations, indicating a commitment to strong leadership and operational efficiency [18][19] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to navigate market challenges and seize new opportunities, emphasizing the importance of community relationships [20][21] - The company remains focused on driving return on assets and operational efficiency, viewing this as a revenue opportunity rather than an expense issue [21] Other Important Information - Riverview has maintained an allowance for credit losses at 1.44% of total loans, reflecting strong asset quality and minimal net charge-offs [33] - The company has paid dividends for 42 consecutive quarters, demonstrating a commitment to returning capital to shareholders [34] Q&A Session Summary Question: Were there any questions from shareholders? - There were no questions submitted during the meeting [10][36]