Riverview Bancorp Inc (RVSB) - Net Assets
Based on the latest financial reports, Riverview Bancorp Inc (RVSB) has net assets worth $145.64 Million USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.46 Billion) and total liabilities ($1.32 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check RVSB tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $145.64 Million |
| % of Total Assets | 9.95% |
| Annual Growth Rate | 3.15% |
| 5-Year Change | -7.39% |
| 10-Year Change | -86.82% |
| Growth Volatility | 170.41 |
Riverview Bancorp Inc - Net Assets Trend (1998–2026)
This chart illustrates how Riverview Bancorp Inc's net assets have evolved over time, based on quarterly financial data. See RVSB days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Riverview Bancorp Inc (1998–2026)
The table below shows the annual net assets of Riverview Bancorp Inc from 1998 to 2026. For live valuation and market cap data, see Riverview Bancorp Inc (RVSB) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | $145.64 Million | -8.99% |
| 2025-03-31 | $160.01 Million | +2.84% |
| 2024-03-31 | $155.59 Million | +0.22% |
| 2023-03-31 | $155.24 Million | -1.28% |
| 2022-03-31 | $157.25 Million | +3.73% |
| 2021-03-31 | $151.59 Million | +1.85% |
| 2020-03-31 | $148.84 Million | +11.81% |
| 2019-03-31 | $133.12 Million | -88.14% |
| 2018-03-31 | $1.12 Billion | +1.59% |
| 2017-03-31 | $1.11 Billion | +23.33% |
| 2016-03-31 | $896.07 Million | +7.47% |
| 2015-03-31 | $833.79 Million | +4.29% |
| 2014-03-31 | $799.48 Million | +911.42% |
| 2013-03-31 | $79.05 Million | +3.80% |
| 2012-03-31 | $76.15 Million | -29.10% |
| 2011-03-31 | $107.41 Million | +27.33% |
| 2010-03-31 | $84.35 Million | -5.25% |
| 2009-03-31 | $89.03 Million | -3.84% |
| 2008-03-31 | $92.58 Million | -7.61% |
| 2007-03-31 | $100.21 Million | +9.29% |
| 2006-03-31 | $91.69 Million | +31.88% |
| 2005-03-31 | $69.52 Million | +6.66% |
| 2004-03-31 | $65.18 Million | +19.58% |
| 2003-03-31 | $54.51 Million | +1.55% |
| 2002-03-31 | $53.68 Million | +1.81% |
| 2001-03-31 | $52.72 Million | +8.73% |
| 2000-03-31 | $48.49 Million | -14.78% |
| 1999-03-31 | $56.90 Million | -6.87% |
| 1998-03-31 | $61.10 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Riverview Bancorp Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 983.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $113.71 Million | 78.08% |
| Common Stock | $203.00K | 0.14% |
| Other Comprehensive Income | $-19.39 Million | -13.32% |
| Other Components | $51.11 Million | 35.10% |
| Total Equity | $145.64 Million | 100.00% |
Riverview Bancorp Inc Competitors by Market Cap
The table below lists competitors of Riverview Bancorp Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Klingon Aerospace Inc
TW:1529
|
$111.90 Million |
|
Gandhi Special Tubes Limited
NSE:GANDHITUBE
|
$111.92 Million |
|
T.K.S. Technologies Public Company Limited
BK:TKS
|
$111.92 Million |
|
SLOMAN NEPTUN Schiffahrts-Aktiengesellschaft
HM:NEP
|
$111.94 Million |
|
Gyldendal ASA
OL:GYL
|
$111.68 Million |
|
Crosswood
PA:CROS
|
$111.65 Million |
|
Genic Co. Ltd
KQ:123330
|
$111.62 Million |
|
Sino-Ocean Group Holding Limited
F:3SD
|
$111.59 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Riverview Bancorp Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 160,014,000 to 145,636,000, a change of -14,378,000 (-9.0%).
- Net loss of 4,341,000 reduced equity.
- Other comprehensive income decreased equity by 6,089,000.
- Other factors decreased equity by 3,948,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-4.34 Million | -2.98% |
| Other Comprehensive Income | $-6.09 Million | -4.18% |
| Other Changes | $-3.95 Million | -2.71% |
| Total Change | $- | -8.99% |
Book Value vs Market Value Analysis
This analysis compares Riverview Bancorp Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.82x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.14x to 0.82x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1998-03-31 | $5.05 | $5.73 | x |
| 1999-03-31 | $4.87 | $5.73 | x |
| 2000-03-31 | $4.66 | $5.73 | x |
| 2001-03-31 | $5.68 | $5.73 | x |
| 2002-03-31 | $5.82 | $5.73 | x |
| 2003-03-31 | $6.16 | $5.73 | x |
| 2004-03-31 | $6.91 | $5.73 | x |
| 2005-03-31 | $7.11 | $5.73 | x |
| 2006-03-31 | $8.08 | $5.73 | x |
| 2007-03-31 | $8.70 | $5.73 | x |
| 2008-03-31 | $8.41 | $5.73 | x |
| 2009-03-31 | $8.29 | $5.73 | x |
| 2010-03-31 | $7.83 | $5.73 | x |
| 2011-03-31 | $5.83 | $5.73 | x |
| 2012-03-31 | $3.39 | $5.73 | x |
| 2013-03-31 | $3.51 | $5.73 | x |
| 2014-03-31 | $35.74 | $5.73 | x |
| 2015-03-31 | $37.17 | $5.73 | x |
| 2016-03-31 | $39.84 | $5.73 | x |
| 2017-03-31 | $49.01 | $5.73 | x |
| 2018-03-31 | $49.63 | $5.73 | x |
| 2019-03-31 | $5.87 | $5.73 | x |
| 2020-03-31 | $6.56 | $5.73 | x |
| 2021-03-31 | $6.79 | $5.73 | x |
| 2022-03-31 | $7.08 | $5.73 | x |
| 2023-03-31 | $7.17 | $5.73 | x |
| 2024-03-31 | $7.36 | $5.73 | x |
| 2025-03-31 | $7.60 | $5.73 | x |
| 2026-03-31 | $6.99 | $5.73 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Riverview Bancorp Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -2.98%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6.70%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 10.05x
- Recent ROE (-2.98%) is below the historical average (4.03%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | 6.38% | 17.11% | 0.08x | 4.47x | $-2.21 Million |
| 1999 | 7.91% | 17.31% | 0.09x | 5.32x | $-1.19 Million |
| 2000 | 8.00% | 13.68% | 0.08x | 7.11x | $-971.90K |
| 2001 | 6.75% | 10.08% | 0.08x | 8.19x | $-1.72 Million |
| 2002 | 9.07% | 13.38% | 0.09x | 7.30x | $-499.70K |
| 2003 | 8.00% | 14.34% | 0.07x | 7.70x | $-1.09 Million |
| 2004 | 10.05% | 19.18% | 0.07x | 7.99x | $35.80K |
| 2005 | 9.39% | 17.90% | 0.06x | 8.24x | $-423.20K |
| 2006 | 10.62% | 17.37% | 0.07x | 8.33x | $569.30K |
| 2007 | 11.58% | 16.50% | 0.09x | 8.19x | $1.59 Million |
| 2008 | 9.34% | 12.43% | 0.08x | 9.58x | $-614.50K |
| 2009 | -2.99% | -4.29% | 0.07x | 10.31x | $-11.52 Million |
| 2010 | -6.49% | -9.98% | 0.07x | 9.98x | $-13.84 Million |
| 2011 | 4.03% | 8.44% | 0.06x | 8.03x | $-6.38 Million |
| 2012 | -41.87% | -68.29% | 0.05x | 11.32x | $-39.22 Million |
| 2013 | 3.36% | 6.30% | 0.05x | 9.91x | $-5.21 Million |
| 2014 | 2.43% | 55.22% | 0.04x | 1.03x | $-60.52 Million |
| 2015 | 0.54% | 11.98% | 0.04x | 1.03x | $-78.89 Million |
| 2016 | 0.71% | 15.77% | 0.04x | 1.03x | $-83.25 Million |
| 2017 | 0.67% | 16.22% | 0.04x | 1.03x | $-103.11 Million |
| 2018 | 0.91% | 18.30% | 0.05x | 1.03x | $-102.02 Million |
| 2019 | 12.97% | 28.32% | 0.05x | 8.69x | $3.95 Million |
| 2020 | 10.58% | 25.05% | 0.05x | 7.93x | $863.70K |
| 2021 | 6.91% | 17.62% | 0.04x | 10.22x | $-4.69 Million |
| 2022 | 13.88% | 34.87% | 0.04x | 11.07x | $6.10 Million |
| 2023 | 11.64% | 26.63% | 0.04x | 10.24x | $2.55 Million |
| 2024 | 2.44% | 5.69% | 0.04x | 9.78x | $-11.76 Million |
| 2025 | 3.06% | 6.70% | 0.05x | 9.46x | $-11.10 Million |
| 2026 | -2.98% | -6.70% | 0.04x | 10.05x | $-18.90 Million |
Industry Comparison
This section compares Riverview Bancorp Inc's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $389,399,400
- Average return on equity (ROE) among peers: 10.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Riverview Bancorp Inc (RVSB) | $145.64 Million | 6.38% | 9.05x | $111.87 Million |
| Ameris Bancorp (ABCB) | $514.76 Million | 7.94% | 9.86x | $4.95 Billion |
| Ameris Bancorp (ABCB) | $68.20 Million | 10.85% | 9.15x | $5.79 Billion |
| ACNB Corporation (ACNB) | $51.46 Million | 12.55% | 7.93x | $483.21 Million |
| Affinity Bancshares Inc (AFBI) | $76.38 Million | 0.59% | 3.01x | $137.13 Million |
| Alerus Financial Corp (ALRS) | $127.25 Million | 8.42% | 8.09x | $736.27 Million |
| Amalgamated Bank (AMAL) | $508.95 Million | 16.01% | 14.41x | $1.27 Billion |
| Amerant Bancorp Inc. (AMTB) | $1.00 Billion | 3.23% | 8.67x | $974.56 Million |
| Arrow Financial Corporation (AROW) | $431.85 Million | 10.18% | 9.29x | $622.98 Million |
| Associated Banc-Corp (ASB) | $968.70 Million | 17.34% | 12.55x | $5.45 Billion |
| AmeriServ Financial Inc (ASRV) | $141.70 Million | 14.89% | 15.78x | $62.43 Million |
About Riverview Bancorp Inc
Riverview Bancorp, Inc. operates as a bank holding company for Riverview Bank that provides commercial banking services to small and medium size businesses, professionals, and wealth building individuals. The company offers various deposit products, including demand deposits, negotiable order of withdrawal accounts, money market accounts, savings accounts, certificates of deposit, and retirement … Read more