RVSB 8-K
Riverview Bancorp Inc (RVSB)
8-K
2026-08-27
For: 2026-08-20
View Original
Added on
August 27, 2026
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): August 20, 2026
(Exact name of registrant as specified in its charter)
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(State or other jurisdiction
of incorporation)
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(Commission
File Number)
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(I.R.S. Employer
Identification No.)
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(Address of principal executive offices)
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(Zip Code)
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Registrant’s telephone number, including area code: (360 ) 693-6650
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the
registrant under any of the following provisions.
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Securities registered pursuant to Section 12(b) of the Act:
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Title of each class
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Trading Symbol(s)
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Name of each exchange on which registered
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933
(§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for
complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ]
Item 8.01. Other Events
On August 26, 2026, Riverview Bancorp, Inc. (the “Company”) announced that the Company’s Board of Directors
authorized a share repurchase program of up to $4.0 million of its common stock.
The news release announcing the stock repurchase program is attached as Exhibit 99.1 and incorporated by reference
herein.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to
be signed on its behalf by the undersigned hereunto duly authorized.
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RIVERVIEW BANCORP, INC.
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Date: August 26, 2026
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/s/ David Lam
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David Lam
Chief Financial Officer
(Principal Financial Officer)
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Exhibit 99.1
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Contact:
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Nicole Sherman
David Lam
Riverview Bancorp, Inc. 360-693-6650
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Riverview Bancorp, Inc. Announces $4.0 Million Stock Repurchase Program
Vancouver, WA – August 26, 2026 - Riverview Bancorp, Inc. (Nasdaq GSM: RVSB) (“Riverview” or the “Company”) headquartered in Vancouver, WA, the holding company parent of Riverview Bank, announced that on August 20, 2026, its Board of Directors adopted a stock repurchase program.
The Company may repurchase up to $4.0 million of the Company’s outstanding shares of common stock, in the open market, based on
prevailing market prices, or in privately negotiated transactions. Once effective, the repurchase program will remain in place until the earlier of its completion or 12 months after the effective date, subject to market conditions.
“We are pleased to announce our common stock repurchase authorization as part of our ongoing commitment to delivering long-term value
for Riverview shareholders. This action reflects the Board’s confidence in the Company’s financial strength, disciplined capital management and future opportunities. We believe this expanded program represents a thoughtful and effective use of excess
capital while continuing to support the long-term interests of our shareholders,” said Nicole Sherman, President and Chief Executive Officer.
The Board of Directors of the Company also authorized management to enter into a trading plan with Raymond James & Associates, Inc.
in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended, to facilitate repurchases of its common stock as part of the stock repurchase program (the “Rule 10b5-1 plan”). The Rule 10b5-1 plan would allow the Company to
execute trades during periods when it might otherwise not be permitted to do so because it may be in possession of material non-public information, because of insider trading laws or Company-imposed trading blackout periods. Under the Rule 10b5-1
plan, Raymond James & Associates, Inc. would have the authority, subject to the plan’s terms and limitations, to repurchase shares on the Company’s behalf. There is no guarantee as to how many shares the Company may ultimately repurchase, and the
Company may suspend or discontinue the repurchase program at any time.
Riverview Bancorp, Inc. (www.riverviewbank.com) is headquartered in Vancouver, Washington – just north of Portland, Oregon, on the I-5
corridor. With assets of $1.47 billion at June 30, 2026, it is the parent company of Riverview Bank, as well as Riverview Trust Company. The Bank offers true community banking services, focusing on providing the highest quality service and financial
products to commercial, business and retail clients through 17 branches, including 13 in the Portland-Vancouver area, and 3 lending centers. For the past 12 years, Riverview has been named Best Bank by the readers of The Vancouver Business Journal
and The Columbian.
This press release contains statements that the Company believes are
“forward-looking statements.” These statements relate to the Company’s financial condition, results of operations, plans, objectives, future performance or business. You should not place undue reliance on these statements, as they are subject to
risks and uncertainties. When considering these forward-looking statements, you should keep in mind these risks and uncertainties, as well as any cautionary statements the Company may make including those described in Item 1A (Risk Factors) of the
Company’s Form 10-K for the fiscal year ended March 31, 2026. Moreover, you should treat these statements as speaking only as of the date they are made and based only on information then actually known by the Company.