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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 [23][28] - The total risk-based capital ratio was reported at 16.48%, with a leverage ratio of 11.1% as of March 31, 2025 [24][32] - The loan portfolio grew by nearly 4% year-over-year, with a total balance exceeding $1,000,000,000 [23][29] Business Line Data and Key Metrics Changes - The loan portfolio increased by over $38,000,000 between March 31, 2024, and March 31, 2025, reflecting a growth of approximately 13% [29] - The loan pipeline reached $90,000,000, the strongest it has ever been, contributing to increased loan production and expanding net interest margin [23][30] Market Data and Key Metrics Changes - Deposits were reported at $1,210,000,000 as of June 2025, slightly down from March 2025 due to normal seasonality, but overall deposits remained steady [30][31] - Riverview Bancorp was added to the Russell 3000 Index and Russell 2000 Index, enhancing visibility within the institutional investment community [24][25] Company Strategy and Development Direction - The company has launched a three-year strategic plan focusing on becoming the preferred banking institution in the Pacific Northwest, emphasizing employer choice, profitable growth, client experience, data empowerment, and digital experience [16][15] - Recent strategic updates to the finance team were announced to enhance financial operations, indicating a commitment to strong leadership and operational efficiency [19][20] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to navigate complex market challenges and seize new opportunities, highlighting the importance of community relationships [21][22] - The company remains focused on driving return on assets and operational efficiency, viewing these as revenue opportunities rather than expense issues [22][23] Other Important Information - Riverview Bancorp has maintained a dividend for 42 consecutive quarters, indicating a commitment to returning capital to shareholders [34] - The company is actively involved in community service, with team members dedicating hours to various nonprofit organizations [34][35] Q&A Session Summary Question: Were there any questions from shareholders? - There were no questions submitted during the meeting [10][37]