Riverview Bancorp director Kourosh Zamanizadeh buys $19,358 in stock By Investing.com

Kourosh Zamanizadeh, a director at Riverview Bancorp Inc. (), recently acquired shares in the company totaling $19,358. The transactions occurred on September 14, 2026.

Mr. Zamanizadeh purchased a total of 3,600 shares of common stock through two separate transactions. The shares were acquired at prices ranging from $5.3599 to $5.395 per share. Following these transactions, Mr. Zamanizadeh directly owns 15,476.81 shares of Riverview Bancorp common stock. The insider purchase comes as the stock has delivered a 16% return over the past year, though InvestingPro analysis suggests the shares may be overvalued at current levels relative to its Fair Value estimate. According to InvestingPro Tips, analysts predict the company will be profitable this year, with earnings expected to reach $0.29 per share. The platform offers 3 additional exclusive tips for RVSB investors seeking deeper insights into the bank’s financial health and prospects.

In other recent news, Riverview Bancorp announced a $4 million stock repurchase program. The Board of Directors approved this buyback initiative, allowing the company to repurchase up to $4 million of its outstanding common stock. This move enables Riverview Bancorp to buy shares on the open market at current prices or through private transactions. Additionally, the company has maintained its quarterly cash dividend at $0.02 per share. This dividend payment will be made to shareholders of record as of July 9, 2026, with distribution set for July 21, 2026. These developments reflect Riverview Bancorp’s continued efforts to manage its capital and provide returns to its shareholders.

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