Riverview Bancorp Inc (NASDAQ:RVSB) reported an insider purchase on March 5, 2026, when Executive Vice President and Chief Retail and Deposit Executive Charmaine Lightheart bought 325 shares of the company's common stock at $5.36 per share. The total cost of the transaction was $1,742. After the acquisition, Lightheart directly holds 14,893 shares and also has an indirect interest in 443 shares held within the company ESOP.
The share price at the time of reporting is $5.39, which sits close to Lightheart's purchase price. According to InvestingPro valuation data, Riverview Bancorp is assessed as undervalued with a Fair Value estimate of $5.86. The company carries a market capitalization of $111.63 million, a price-to-earnings ratio of 23.36, and a dividend yield of 1.48%.
Riverview has sustained dividend payments for 12 consecutive years, per InvestingPro Tips. The company declared a quarterly dividend of $0.02 per share, unchanged from the prior quarter, with a scheduled payment date of January 16, 2026, to shareholders of record as of January 5, 2026. Investors seeking additional analysis can access two further ProTips on the InvestingPro platform.
In corporate actions affecting shareholder capital allocation, Riverview Bancorp authorized a new share repurchase program that permits the company to buy back up to $4 million of its outstanding common stock. The repurchase plan, approved on January 22, allows purchases in the open market or through privately negotiated transactions and remains in effect until the $4 million limit is exhausted or 12 months elapse from the effective date, whichever occurs first.
On the balance-sheet front, Riverview reported total assets of $1.51 billion as of September 30, 2025. The combination of an ongoing buyback program, a maintained quarterly dividend, and the insider purchase are factual developments that reflect recent company-level actions and executive activity, without implying future performance.
Note: This article presents reported transaction details, company financial metrics, and announced corporate actions exactly as provided in the available disclosures.