Riverview Bancorp Inc. (NASDAQ:RVSB) has been upgraded from Mkt Perform to Outperform in a statement by Raymond James earlier today.
- Updated: September 30, 2016
Boasting a price of $5.29, Riverview Bancorp Inc. (NASDAQ:RVSB) traded -0.28% lower on the day. With the last stock price close up 10.76% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Riverview Bancorp Inc. has recorded a 50-day average of $5.17 and a two hundred day average of $4.76. Volume of trade was down over the average, with 13,846 shares of RVSB changing hands under the typical 62,627
Raymond James has upgraded Riverview Bancorp Inc. (NASDAQ:RVSB) from Mkt Perform to Outperform in a statement released on 09/30/2016.
With a total market value of $0, Riverview Bancorp Inc. has price-earnings ratio of 18.32 with a one year low of $4.15 and a one year high of $5.48 .
Brief Synopsis About Riverview Bancorp Inc. (NASDAQ:RVSB)
Riverview Bancorp, Inc. (Riverview) is a savings and loan holding company of Riverview Community Bank (the Bank). The Company operates through two segments, which include banking operations performed by the Bank and trust and investment services performed by Riverview Asset Management Corp. (RAMCorp). The Company is engaged in the business of attracting deposits from the general public and using such funds in its primary market area to originate commercial business, commercial real estate, multi-family real estate, land, real estate construction, residential real estate and other consumer loans. Additionally, RAMCorp offers trust and investment services. Riverview Mortgage, a mortgage broker division of the Bank, originates mortgage loans for various mortgage companies in the Vancouver/Portland metropolitan areas, as well as for the Bank. The Bank's Business and Professional Banking Division offers commercial and business banking services. It operates from over 20 branch offices.
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