Riverview Bancorp announces $4 million share buyback program

Riverview Bancorp Inc. (NASDAQ: RVSB) announced that its board of directors adopted a $4.0 million stock repurchase program on January 22, 2026.

The Vancouver, Washington-based bank holding company may repurchase up to $4.0 million of its outstanding common stock through open market purchases at prevailing market prices or privately negotiated transactions. The program will continue until completion of the repurchase or 12 months after the effective date.

"Enhancing shareholder value remains a top priority for Riverview. Doubling the size of the common stock repurchase reflects our disciplined approach to deploying excess capital," said Nicole Sherman, President and Chief Executive Officer.

The board also authorized management to enter into a Rule 10b5-1 trading plan with Keefe, Bruyette & Woods Inc. to facilitate repurchases. The plan would allow the company to execute trades during periods when it might otherwise be restricted due to material non-public information or trading blackout periods.

Under the Rule 10b5-1 plan, Keefe, Bruyette & Woods would have authority to repurchase shares on the company's behalf, subject to plan terms and limitations. The company may suspend or discontinue the program at any time.

Riverview Bancorp is the parent company of Riverview Bank and Riverview Trust Company. The company reported assets of $1.51 billion as of December 31, 2025, and operates through 17 branches and three lending centers, primarily in the Portland-Vancouver area.

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