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Riverview Bancorp EVP buys $1,327 in shares By Investing.com
- Investing
Ramit Sethi- 3 minutes read
Charmaine Lightheart, Executive Vice President and Chief Retail & Digital Experience Officer (EVP/CRDEO) at RIVERVIEW BANCORP INC (), recently acquired company stock totaling $1,327. The transaction took place on August 12, 2026.
Ms. Lightheart purchased 250 shares of common stock at a price of $5.309 per share, slightly below the current stock price of $5.31. The stock has gained nearly 7% year-to-date and trades at a market cap of $107 million. Following this acquisition, her direct beneficial ownership in the company stands at 8,766 shares. Additionally, she indirectly holds 445 shares through the ESOP.The insider purchase comes as analysts predict the company will be profitable this year, with earnings forecast at $0.28 per share. According to InvestingPro analysis, RVSB currently appears overvalued relative to its Fair Value, though analysts see potential upside with a $7 price target. For deeper insights into RVSB’s financial health and access to over 10 additional ProTips, visit InvestingPro.
In other recent news, Riverview Bancorp announced that its Board of Directors has approved a quarterly cash dividend of $0.02 per share. This dividend remains consistent with the previous quarter’s payout. The payment is scheduled for July 21, 2026, for shareholders who are on record as of July 9, 2026. This decision reflects the company’s ongoing commitment to returning value to its shareholders. The announcement was made through a press release, maintaining transparency with its investors. Riverview Bancorp’s dividend policy appears stable, with no changes in the payout amount. These recent developments highlight the company’s steady approach to shareholder returns.
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