RVSB

FISCAL Q1 2027 HIGHLIGHTS Fiscal First Quarter Comparison Highlights VANCOUVER, Wash., July 28, 2026 (GLOBE NEWSWIRE) -- Riverview Bancorp, Inc. (Nasdaq GSM: RVSB) (“Riverview” or the “Company”) today reported net income of $1.7 million, or $0.08 per diluted share, in the first fiscal quarter ended June 30, 2026. This compared to net loss of $8.0 million, or $0.39 per diluted share, in the fourth fiscal quarter ended March 31, 2026, and net income of $1.2 million, or $0.06 per diluted share, in the first fiscal quarter ended June 30, 2025. On March 25, 2026, Riverview implemented a strategic balance sheet optimization that included the reclassification of its entire portfolio of held-to-maturity (“HTM”) securities to available-for-sale (“AFS”) securities and sale of $149.3 million in lower-yielding book value investment securities. “Riverview’s first fiscal quarter of 2027 reflects the meaningful progress we are making through the disciplined delivery of our strategic plan,” stated Nicole Sherman, President and Chief Executive Officer. “During the quarter, the Company generated its highest net income in the past 11 quarters, supported by our strategic balance sheet optimization, prudent growth, thoughtful investment in technology and talent, and strong risk oversight. This performance is a direct result of the experience, commitment, and focus of our teams across the Company, who deliver high-value solutions to our clients and build relationships grounded in trust, responsiveness, and local expertise. As a community bank, we know our clients value the difference that comes from banking local—local decision-making, personal service, and a partner who understands their business, their goals, and the communities we serve. We remain energized by the opportunities ahead and confident that our combination of disciplined financial management, strategic performance, experienced relationship banking, and deeply rooted community commitment positions Riverview to create sustainable value for our employees, clients, communities, and shareholders.” Franchise Footprint Riverview is the only bank headquartered in Vancouver, Washington, giving it a distinctive position in one of the Pacific Northwest’s most dynamic markets. Vancouver and Clark County have become growth centers supported by continued population gains, strong household formation, and major investments in downtown and waterfront redevelopment. Projects such as the Columbia River waterfront, Terminal 1, Waterfront Gateway, and broader downtown revitalization are strengthening Vancouver’s appeal as a place to live, work, visit, and build businesses. The local economy is broad and resilient, with strength across health care and social assistance, construction, manufacturing, logistics, professional services, and technology-related industries, anchored by major employers and regional assets such as PeaceHealth, HP, the Port of Vancouver, WaferTech/TSMC, and Sharp. These fundamentals create meaningful opportunities for Riverview to deepen community lending relationships, support small and mid-sized business growth, and continue building local deposits in its home market. Northwest Oregon remains an important complementary market, extending Riverview’s reach into a well-established economic corridor supported by technology, advanced manufacturing, apparel, outdoor products, and consumer goods companies such as Intel, Nike, and Columbia Sportswear. Oregon’s higher-income communities, strong housing values, transportation access, and innovation-oriented business base provide a stable platform for continued relationship growth. Together, Vancouver’s home-market momentum and Oregon’s established economic depth give Riverview a balanced and compelling foundation for growth across Southwest Washington and Northwest Oregon. Income Statement Review Riverview’s net interest income increased to $11.4 million in the current quarter compared to $10.2 million in the preceding quarter, and $9.8 million in the first fiscal quarter a year ago. The increase compared to both the prior quarter and the year ago quarter was driven by higher interest earning asset yields due to higher origination rates on new loan growth as well as loan repricing. Included in the current quarter’s net interest income was $171,000 of loan prepayment income. There were no loan prepayment fees in the preceding quarter and $38,000 in the first fiscal quarter a year ago. Additionally, included in the current quarter’s net interest income is $114,000 in Visa stock sale income. There was no Visa stock sale income in the preceding quarter and $248,000 in the first fiscal quarter a year ago. Other interest income increased compared to the prior quarter due to higher interest-earning cash resulting from the balance sheet optimization. Riverview’s net interest margin (“NIM”) was 3.34% for the first quarter of fiscal 2027, a 42 basis point increase compared to 2.92% in the preceding quarter and a 56 basis-point increase compared to 2.78% in the first quarter of fiscal 2026. “This quarter's substantial improvement in net interest margin reflects the compounding impact of our strategic balance sheet optimization and tighter expense controls coming together to set us on the path toward future growth,” said David Lam, EVP and Chief Financial Officer. Investment securities increased $21.1 million during the quarter to $175.9 million at June 30, 2026, compared to $154.8 million at March 31, 2026, and decreased $140.4 million compared to $316.3 million at June 30, 2025. The year over year decrease was primarily due to the strategic balance sheet optimization. The average securities balances for the quarters ended June 30, 2026, March 31, 2026, and June 30, 2025, were $190.5 million, $301.7 million, and $337.2 million, respectively. The weighted average yields on securities balances for the current quarter was 2.75%, compared to a weighted average yield after the balance sheet optimization of 2.34% and the weighted average yields on securities balances before the balance sheet optimization of 1.82% at March 31, 2026, and 2.09% for the quarter ended June 30, 2025. There were $24.8 million of bonds purchased as part of the balance sheet optimization near the end of the first fiscal quarter with a weighted average yield of 5.05%, compared to $24.7 million with a weighted yield average of 4.95% at the end of the fourth fiscal quarter of 2026. The balance sheet optimization has contributed approximately 26 basis points to the NIM and $0.04 to diluted earnings per common share. The duration of the investment portfolio at June 30, 2026, after the bond purchase, was approximately 5.8 years. Riverview’s yield on loans was 5.24% during the first fiscal quarter, compared to 5.12% in the preceding quarter, and 5.02% in the first fiscal quarter a year ago. “Loan yields increased by 12 basis points compared to the prior quarter and expanded by 22 basis points compared to the same period a year ago, which reflects the progress we have made over time in repricing existing loans, pricing of new loans, and overall portfolio mix, all contributing to our margin expansion,” said Mike Sventek, EVP and Chief Lending Officer. “Our commercial lending strategy remains focused on continuing our expertise in construction and non-owner occupied lending as well as building out C&I relationship clients, which we believe strengthens the portfolio’s positioning for yield gains as the rate environment evolves.” Deposit costs increased slightly to 1.40% during the first fiscal quarter compared to 1.37% in the preceding quarter. and increased 13 basis points compared to 1.27% in the first fiscal quarter a year ago. This is reflective of both new clients demanding higher rates, and existing clients shifting to fully insured, higher-yielding deposit products. Non-interest income was $3.6 million during the first fiscal quarter of 2027 compared to non-interest income (loss) of ($8.0 million) in the preceding quarter and a slight increase from $3.4 million in the first fiscal quarter of 2026. Excluding the balance sheet optimization (non-GAAP), non-interest income for the first fiscal quarter of 2027 was $3.6 million, compared to $3.3 million in the fourth fiscal quarter of 2026 and $3.4 million in the first fiscal quarter of 2026. Asset management fees remained constant at $1.6 million during the first fiscal quarter, the preceding quarter, and the first fiscal quarter a year ago. Riverview Trust Company’s assets under management were $952.2 million at June 30, 2026, compared to $908.1 million at March 31, 2026, and $900.1 million at June 30, 2025. Non-interest expense increased to $12.9 million during the first fiscal quarter compared to $11.5 million in the preceding quarter and $11.7 million in the first fiscal quarter a year ago. “Non-interest expenses increased during the quarter, primarily reflecting continued investments in technology and our people – the systems and talent that support our long-term growth strategy. While these investments weighed expenses in the near term, we believe they strengthen the foundation of the franchise and position us to drive stronger performance, efficiency and stability going forward. We remain disciplined in how we allocate resources, prioritizing the areas that will generate the greatest long-term return for our shareholders,” said Dan Cox, EVP and Chief Operating Officer. Balance Sheet Review Total loans remained steady at $1.08 billion at June 30, 2026, compared to three months earlier, and increased $25.3 million compared to a year earlier. Riverview’s loan pipeline was $93.9 million at June 30, 2026, compared to $56.4 million at the end of the preceding quarter and $72.0 million at June 30, 2025. New loan originations during the quarter totaled $33.7 million, compared to $46.3 million in the preceding quarter and $28.3 million in the first fiscal quarter a year ago. Execution of the business model continues to yield results, with total loans increasing and the loan pipeline remaining strong. Undisbursed construction loans totaled $19.6 million at June 30, 2026, compared to $23.7 million at March 31, 2026, with most of the undisbursed construction loans expected to be funded over the next several quarters. Undisbursed homeowner association loans for the purpose of common area maintenance and repairs totaled $26.9 million at June 30, 2026, compared to $29.9 million at March 31, 2026. Revolving commercial business loan commitments totaled $58.4 million at June 30, 2026, compared to $55.1 million at March 31, 2026. Utilization on these loans totaled 31.8% at June 30, 2026, compared to 30.1% at March 31, 2026. The weighted average rate on loan originations during the quarter increased to 6.96% compared to 6.31% in the preceding quarter. Looking ahead, loan repricing and maturities for fiscal year 2027 total $87.9 million with a weighted average rate of 4.68%, fiscal year 2028 total $91.6 million with a weighted average rate of 5.42%, fiscal year 2029 total $109.0 million with a weighted average rate of 6.05%, and in aggregate for fiscal years after 2029 total $121.0 million with a weighted average rate of 5.69%. The office building loan portfolio totaled $114.9 million at June 30, 2026, compared to $115.5 million at March 31, 2026. The average loan balance of the office building loan portfolio was $1.6 million with an average loan-to-value ratio of 53.47% and an average debt service coverage ratio of 1.66x at June 30, 2026. Office building loans within the Portland core only consist of two loans totaling $19.9 million, which is approximately 17.4% of the total office building loan portfolio, or 1.8% of total loans. Total deposits increased $7.4 million during the quarter to $1.26 billion at June 30, 2026, compared to $1.25 billion at March 31, 2026, and increased $51.7 million compared to $1.21 billion a year ago. During the quarter, the deposit mix continued to shift with an increase in interest checking accounts, and slight decreases in regular savings accounts, non-interest checking accounts, money market deposit accounts, and CDs. Riverview also continued to see strong traction with its fully insured sweep product, which has become an increasingly important tool for attracting and retaining customer deposits. Non-interest checking and interest checking accounts, as a percentage of total deposits, totaled 50.8% at June 30, 2026, compared to 48.6% at March 31, 2026, and 48.3% at June 30, 2025. FHLB advances remained unchanged at $16.1 million during the quarter compared to March 31, 2026, and decreased by $86.4 million compared to $102.5 million at June 30, 2025. Shareholders’ equity was $145.3 million at June 30, 2026, compared to $145.6 million three months earlier and $162.0 million one year earlier. Tangible book value per share (non-GAAP) was $5.86 at June 30, 2026, compared to $5.76 at March 31, 2026, and $6.43 at June 30, 2025. Riverview paid a quarterly cash dividend of $0.02 per share on July 21, 2026, to shareholders of record as of July 9, 2026. Credit Quality “Preserving the strength and quality of our loan portfolio continues to be a priority, especially given the ongoing uncertainty around interest rates,” said Robert Benke, EVP and Chief Credit Officer. “We experienced an increase in nonperforming loans during the quarter, driven by a commercial real estate loan in which we are actively monitoring to resolve. Overall credit quality metrics remain sound, and our relationship managers’ deep client relationships continue to give us early risk visibility to respond quickly to our clients’ needs.” Non-performing loans totaled $8.7 million or 0.80% of total loans as of June 30, 2026, compared to $7.8 million, or 0.71% at March 31, 2026, and $143,000, or 0.01% of total loans at June 30, 2025. At June 30, 2026, non-performing assets were $8.7 million, or 0.59% of total assets. Riverview recorded $88,000 in loan recoveries for the current quarter. This compared to $1.1 million in net loan charge-offs for the preceding quarter. Riverview did not record any provision for credit losses for the current quarter, compared to a $1.2 million provision for the preceding quarter. Classified assets were $29.9 million at June 30, 2026, compared to $12.7 million at March 31, 2026, and $10.8 million at June 30, 2025. The classified assets to total capital ratio was 17.1% at June 30, 2026, compared to 7.3% at March 31, 2026, and 5.9% a year earlier. The increase in classified assets compared to the prior quarter was primarily due to three relationship downgrades which are being managed and monitored to bring these loans current or seek full repayment. These classified loans are borrower specific and not a systemic credit segment issue. The allowance for credit losses was $15.3 million at June 30, 2026, compared to $15.2 million at March 31, 2026, and $15.4 million at June 30, 2025. The allowance for credit losses remained unchanged at 1.40% of total loans for the current quarter and the prior quarter, and was 1.44% a year earlier. The allowance for credit losses to loans, net of government guaranteed loans (non-GAAP), was 1.46% at June 30, 2026, compared to 1.45% at March 31, 2026, and 1.51% a year earlier. Capital/Liquidity Riverview continues to maintain strong capital levels in excess of the regulatory requirements to be categorized as “well capitalized” with a total risk-based capital ratio of 15.64% and a Tier 1 leverage ratio of 14.39% at June 30, 2026. Tangible common equity to average tangible assets ratio (non-GAAP) was 8.18% at June 30, 2026. Riverview has approximately $488.1 million in available liquidity at June 30, 2026, including $268.8 million of borrowing capacity from the FHLB and $219.3 million from the Federal Reserve Bank of San Francisco (“FRB”). At June 30, 2026, the Bank had $16.1 million in outstanding FHLB borrowings. The uninsured deposit ratio was 27.9% at June 30, 2026. Available liquidity under both the FHLB and FRB borrowing lines would cover 138.8% of the estimated uninsured deposits. On January 28, 2026, the Company’s Board of Directors adopted a stock repurchase program. Under this 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. As of June 30, 2026, Riverview had purchased 438,865 shares at an average price of $5.51 per share for a total of $2.4 million with a remaining amount to be repurchased totaling approximately $1.6 million. Riverview is taking a strategic approach to the use of excess capital in the reinvestment of the proceeds from the investment securities sale. Riverview expects to continue to reinvest the proceeds through a combination of loan originations, purchases of higher-yielding bonds, repayment of Federal Home Loan Bank borrowings, or cash reserve. Deploying these funds into higher-yielding earning assets or paying down borrowings will inherently increase the net interest income of the Bank on a go-forward basis. Given Riverview’s strong capital levels, no additional capital was needed to support the balance sheet optimization. Non-GAAP Financial Measures In addition to results presented in accordance with generally accepted accounting principles (“GAAP”), this press release contains certain non-GAAP financial measures. Management has presented these non-GAAP financial measures in this earnings release because it believes that they provide useful and comparative information to assess trends in Riverview's core operations reflected in the current quarter's results and facilitate the comparison of our performance with the performance of our peers. However, these non-GAAP financial measures are supplemental and are not a substitute for any analysis based on GAAP. Where applicable, comparable earnings information using GAAP financial measures is also presented. Because not all companies use the same calculations, our presentation may not be comparable to other similarly titled measures as calculated by other companies. For a reconciliation of these non-GAAP financial measures, see the tables below. About Riverview 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 Metro 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. “Safe Harbor” statement under the Private Securities Litigation Reform Act of 1995: This press release contains forward-looking statements which include statements with respect to our beliefs, plans, objectives, goals, expectations, assumptions, future economic performance and projections of financial items. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that could cause actual results to differ materially from the results anticipated or implied by our forward-looking statements, including, but not limited to: potential adverse impacts to economic conditions in our local market areas, other markets where the Company has lending relationships, or other aspects of the Company's business operations or financial markets, including, without limitation, as a result of employment levels, labor shortages and the effects of inflation, a potential recession, the failure of the U.S. Congress to increase the debt ceiling, or slowed economic growth caused by increasing political instability from acts of war including Russia’s invasion of Ukraine, as well as supply chain disruptions, recent bank failures and any governmental or societal responses thereto; the credit risks of lending activities, including changes in the level and trend of loan delinquencies and write-offs and changes in the Company’s allowance for credit losses and provision for credit losses that may be impacted by deterioration in the housing and commercial real estate markets; changes in the levels of general interest rates, and the relative differences between short and long-term interest rates, deposit interest rates, the Company’s net interest margin and funding sources; the transition away from London Interbank Offered Rate toward new interest rate benchmarks; fluctuations in the demand for loans, the number of unsold homes, land and other properties and fluctuations in real estate values in the Company’s market areas; secondary market conditions for loans and the Company’s ability to originate loans for sale and sell loans in the secondary market; results of examinations of the Bank by the Federal Deposit Insurance Corporation and the Washington State Department of Financial Institutions, Division of Banks, and of the Company by the Board of Governors of the Federal Reserve System, or other regulatory authorities, including the possibility that any such regulatory authority may, among other things, require the Company to increase its allowance for credit losses, write-down assets, reclassify its assets, change the Bank’s regulatory capital position or affect the Company’s ability to borrow funds or maintain or increase deposits, which could adversely affect its liquidity and earnings; legislative or regulatory changes that adversely affect the Company’s business including changes in banking, securities and tax law, and in regulatory policies and principles, or the interpretation of regulatory capital or other rules; the Company’s ability to attract and retain deposits; the unexpected outflow of uninsured deposits that may require us to sell investment securities at a loss; the Company’s ability to control operating costs and expenses; the use of estimates in determining fair value of certain of the Company’s assets, which estimates may prove to be incorrect and result in significant declines in valuation; difficulties in reducing risks associated with the loans on the Company’s consolidated balance sheet; staffing fluctuations in response to product demand or the implementation of corporate strategies that affect the Company’s workforce and potential associated charges; disruptions, security breaches or other adverse events, failures or interruptions in or attacks on our information technology systems or on the third-party vendors who perform several of our critical processing functions; the Company’s ability to retain key members of its senior management team; costs and effects of litigation, including settlements and judgments; the Company’s ability to implement its business strategies; the Company's ability to successfully integrate any assets, liabilities, customers, systems, and management personnel it may acquire into its operations and the Company's ability to realize related revenue synergies and cost savings within expected time frames; future goodwill impairment due to changes in Riverview’s business, changes in market conditions, or other factors; increased competitive pressures among financial services companies; changes in consumer spending, borrowing and savings habits; the availability of resources to address changes in laws, rules, or regulations or to respond to regulatory actions; the Company’s ability to pay dividends on its common stock; the quality and composition of our securities portfolio and the impact of and adverse changes in the securities markets, including market liquidity; inability of key third-party providers to perform their obligations to us; changes in accounting policies and practices, as may be adopted by the financial institution regulatory agencies or the Financial Accounting Standards Board, including additional guidance and interpretation on accounting issues and details of the implementation of new accounting standards; the effects of climate change, severe weather events, natural disasters, pandemics, epidemics and other public health crises, acts of war or terrorism, and other external events on our business; and other economic, competitive, governmental, regulatory, and technological factors affecting the Company’s operations, pricing, products and services, and the other risks described from time to time in our reports filed with and furnished to the U.S. Securities and Exchange Commission. The Company cautions readers not to place undue reliance on any forward-looking statements. Moreover, you should treat these statements as speaking only as of the date they are made and based only on information then actually known to the Company. The Company does not undertake and specifically disclaims any obligation to revise any forward-looking statements included in this report or the reasons why actual results could differ from those contained in such statements, whether as a result of new information or to reflect the occurrence of anticipated or unanticipated events or circumstances after the date of such statements. These risks could cause our actual results for fiscal 2027 and beyond to differ materially from those expressed in any forward-looking statements by, or on behalf of, us and could negatively affect the Company’s consolidated financial condition and consolidated results of operations as well as its stock price performance. (1)      Amounts for the periods shown are annualized.(2)      Amounts exclude ESOP shares not committed to be released.(3)      Amounts exclude ESOP shares not committed to be released and include common stock equivalents.(4)      Non-interest expense divided by net interest income and non-interest income.(5)      Amounts calculated based on shareholders’ equity and include ESOP shares not committed to be released.(6)      Net interest income divided by non-interest expense.(7)      Yield on interest-earning assets less cost of funds on interest-bearing liabilities. CONTACT: Contact: Nicole Sherman David Lam                                         Riverview Bancorp, Inc. 360-693-6650

Riverview Bancorp (RVSB) came out with quarterly earnings of $0.08 per share, beating the Zacks Consensus Estimate of $0.07 per share. This compares to earnings of $0.06 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +14.29%. A quarter ago, it was expected that this holding company for Riverview Community Bank would post earnings of $0.05 per share when it actually produced earnings of $0.03, delivering a surprise of -40%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Riverview Bancorp, which belongs to the Zacks Financial - Savings and Loan industry, posted revenues of $15.01 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 1.45%. This compares to year-ago revenues of $13.27 million. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Riverview Bancorp shares have added about 6% since the beginning of the year versus the S&P 500's gain of 8.3%. While Riverview Bancorp has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Riverview Bancorp was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.08 on $15.3 million in revenues for the coming quarter and $0.32 on $61.6 million in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Financial - Savings and Loan is currently in the top 37% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Another stock from the same industry, TFS Financial (TFSL), has yet to report results for the quarter ended June 2026. This holding company for Third Federal Savings and Loan is expected to post quarterly earnings of $0.08 per share in its upcoming report, which represents no change from the year-ago quarter. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. TFS Financial's revenues are expected to be $87.3 million, up 6.4% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Riverview Bancorp Inc (RVSB) : Free Stock Analysis Report TFS Financial Corporation (TFSL) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Northwest Bancshares (NWBI) came out with quarterly earnings of $0.37 per share, beating the Zacks Consensus Estimate of $0.33 per share. This compares to earnings of $0.3 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +12.12%. A quarter ago, it was expected that this holding company for Northwest Savings Bank would post earnings of $0.3 per share when it actually produced earnings of $0.35, delivering a surprise of +16.67%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Northwest Bancshares, which belongs to the Zacks Financial - Savings and Loan industry, posted revenues of $182 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 1.94%. This compares to year-ago revenues of $150.38 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Northwest Bancshares shares have added about 28.3% since the beginning of the year versus the S&P 500's gain of 8.3%. While Northwest Bancshares has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Northwest Bancshares was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.34 on $181.56 million in revenues for the coming quarter and $1.37 on $718.59 million in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Financial - Savings and Loan is currently in the top 39% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Another stock from the same industry, Riverview Bancorp (RVSB), has yet to report results for the quarter ended June 2026. This holding company for Riverview Community Bank is expected to post quarterly earnings of $0.07 per share in its upcoming report, which represents a year-over-year change of +16.7%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. Riverview Bancorp's revenues are expected to be $14.8 million, up 11.5% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Northwest Bancshares, Inc. (NWBI) : Free Stock Analysis Report Riverview Bancorp Inc (RVSB) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Kearny (KRNY) came out with quarterly earnings of $0.15 per share, missing the Zacks Consensus Estimate of $0.17 per share. This compares to earnings of $0.11 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -11.77%. A quarter ago, it was expected that this bank holding company would post earnings of $0.15 per share when it actually produced earnings of $0.15, delivering no surprise. Over the last four quarters, the company has not been able to surpass consensus EPS estimates. Kearny, which belongs to the Zacks Financial - Savings and Loan industry, posted revenues of $45.69 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 0.63%. This compares to year-ago revenues of $40.83 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Kearny shares have added about 27.9% since the beginning of the year versus the S&P 500's gain of 9.6%. While Kearny has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Kearny was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.18 on $47 million in revenues for the coming quarter and $0.80 on $195.3 million in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Financial - Savings and Loan is currently in the top 35% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Another stock from the same industry, Riverview Bancorp (RVSB), has yet to report results for the quarter ended June 2026. This holding company for Riverview Community Bank is expected to post quarterly earnings of $0.07 per share in its upcoming report, which represents a year-over-year change of +16.7%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. Riverview Bancorp's revenues are expected to be $14.8 million, up 11.5% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Kearny Financial (KRNY) : Free Stock Analysis Report Riverview Bancorp Inc (RVSB) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Fiscal Fourth Quarter 2026 Comparison Highlights VANCOUVER, Wash., April 28, 2026 (GLOBE NEWSWIRE) -- Riverview Bancorp, Inc. (Nasdaq GSM: RVSB) (“Riverview” or the “Company”) today reported net income excluding strategic balance sheet optimization (non-GAAP) of $656,000, or $0.03 per diluted share, in the fourth fiscal quarter ended March 31, 2026. This compared to net income of $1.4 million, or $0.07 per diluted share, in the third fiscal quarter ended December 31, 2025, and $1.1 million, or $0.05 per diluted share, in the fourth fiscal quarter ended March 31, 2025. For the fourth fiscal quarter ended March 31, 2026, net loss was $8.0 million, or $0.39 per diluted share, as reported, which included the strategic balance sheet optimization. For fiscal 2026, net income excluding balance sheet optimization (non-GAAP) was $4.4 million, or $0.21 per diluted share, compared to $4.9 million, or $0.23 per diluted share, for fiscal 2025. For fiscal 2026, net loss was $4.3 million inclusive of the strategic balance sheet optimization. Net income on a pre-tax, pre-provision basis excluding the balance sheet optimization (non-GAAP) increased to $2.0 million for the fourth fiscal quarter ended March 31, 2026, compared to $1.8 million in the third fiscal quarter ended December 31, 2025, and $1.5 million in the fourth fiscal quarter ended March 31, 2025. On March 25, 2026, Riverview implemented a strategic balance sheet optimization that included the reclassification of its entire portfolio of held-to-maturity (“HTM”) securities to available-for-sale (“AFS”) securities. After the reclassification, Riverview sold $149.3 million in lower-yielding book value investment securities, with an average yield of 1.62%, for a pre-tax loss of $11.4 million. The sales generated $137.9 million of cash proceeds. A targeted approach was used to identify lower-yielding bonds, balancing the respective loss in relation to its book value. The goal was to minimize the loss while maximizing proceeds from the sale. Dependent upon the combination of the full redeployment of funds, Riverview expects the estimated earn-back will be less than 3.5 years. Once fully realized, the strategic optimization is expected to add approximately 25 basis points to net interest margin and approximately $0.13 to earnings per share annually. “The repositioning of our securities portfolio represents a deliberate deployment of excess capital that we expect to meaningfully enhance net interest margin and strengthen long-term earnings power. That expansion is already underway, our loan pipeline remains strong, and profitability is positioned to improve, driven by disciplined growth in our commercial and business banking segments. We are capturing quality opportunities across our markets, and we are confident these combined efforts are building lasting value for our shareholders,” stated Nicole Sherman, President and Chief Executive Officer. “We are now into the second year of our three-year strategic plan, and the momentum is accelerating. The commercial and industrial lending pipeline continues to grow, business banking is gaining traction, and our treasury management platforms have expanded to fit our clients’ needs. Our focus remains disciplined and our direction is clear.” Franchise Footprint Riverview holds a unique distinction as the only bank headquartered in Vancouver, Washington — putting us at the heart of one of the Pacific Northwest's most exciting growth stories. Clark County has transformed into a formidable economic center, and Vancouver itself has become a genuine destination, earning the #3 spot on moveBuddha's 2026 Moving Forecast of Most Popular Cities to Move to. The region's economy is broad and resilient, spanning health care and social assistance, construction, manufacturing, and professional and business services. Job growth and household incomes are trending upward in line with statewide performance, and persistent housing demand continues to push median home values higher. With a quality of life that draws new residents and a local economy built on solid fundamentals, we see a clear runway for deepening our community lending relationships and growing our deposit base. Northwest Oregon represents another market where Riverview has established a meaningful presence, one defined by economic depth and long-term stability. The area's economy draws strength from a well-balanced mix of technology, advanced manufacturing, and consumer goods: anchored by globally recognized employers like Intel, Nike, and Columbia Sportswear, whose activity ripples throughout a vibrant ecosystem of local and mid-sized businesses. Above-average median household incomes and strong home values signal meaningful consumer purchasing power and sustained wealth creation across the region. The business climate here continues to attract innovation-driven and sustainability-focused enterprises, supported by well-developed infrastructure, efficient transportation networks, and a quality of life that makes the region an appealing place to both live and operate. Together, these attributes give Riverview a solid platform for growth throughout Oregon. Income Statement Review Riverview’s net interest income was $10.2 million in the current quarter compared to $10.5 million in the preceding quarter, and $9.2 million in the fourth fiscal quarter a year ago. In fiscal 2026, net interest income increased by $4.0 million to $40.3 million, compared to $36.3 million in fiscal 2025. The yearly increase compared to fiscal 2025 was driven by higher interest earning asset yields due to higher origination rates on new loan growth as well as loan repricing. Riverview’s NIM was 2.92% for the fourth quarter of fiscal 2026, compared to 2.96% in the preceding quarter and a 27 basis-point increase compared to 2.65% in the fourth quarter of fiscal 2025. “The absence of prepayment fees that had been recognized in the prior quarter caused the NIM to contract slightly during the current quarter. We remain focused on the actions within our control, which include improving our earning asset mix and managing funding costs to position Riverview for NIM growth going forward. We continue to drive stronger asset yields and optimizing our funding base, and we believe the steps we are taking today, including our recent balance sheet optimization, will support margin improvement in the quarters ahead,” said David Lam, EVP and Chief Financial Officer. In fiscal 2026, the net interest margin increased 32 basis points to 2.86% compared to 2.54% in the prior year. As a result of the balance sheet optimization, investment securities decreased $146.8 million during the quarter to $154.8 million at March 31, 2026, compared to $301.6 million at December 31, 2025, and decreased $167.7 million compared to $322.5 million at March 31, 2025. The average securities balances for the quarters ended March 31, 2026, December 31, 2025, and March 31, 2025, were $301.7 million, $318.3 million, and $346.0 million, respectively. The weighted average yields on securities balances for the current quarter after the balance sheet optimization was 2.34% and the weighted average yields on securities balances for the current quarter before the balance sheet optimization was 1.84%. This compared to a weighted average yield of 1.77% for the quarter ended December 31, 2025, and 1.84% for the quarter ended March 31, 2025. There were $24.7 million of bonds purchased as part of the balance sheet optimization near the end of the fourth fiscal quarter with a weighted average yield of 4.95%. The duration of the investment portfolio at March 31, 2026, after the bond purchase, was approximately 6.0 years after the balance sheet optimization. The anticipated total investment cashflows over the next twelve months is approximately $16.7 million. Riverview’s yield on loans was 5.12% during the fourth fiscal quarter, compared to 5.26% in the preceding quarter, and 4.91% in the fourth fiscal quarter a year ago. “Loan yields declined modestly compared to the prior quarter due to loan prepayment income received last quarter that was not present in the current quarter. Loan yields remain meaningfully higher than the same period a year ago, which reflects the progress we have made over time in pricing and portfolio mix,” said Mike Sventek, EVP and Chief Lending Officer. “We continue to advance our commercial lending strategy by growing our proportion of C&I relationship clients, which we believe positions the portfolio well for yield improvement as market conditions evolve.” Deposit costs decreased to 1.37% during the fourth fiscal quarter compared to 1.39% in the preceding quarter as Riverview has been able to proactively manage its deposit costs. Deposit costs increased seven basis points compared to 1.30% in the fourth fiscal quarter a year ago, which is reflective of both new customers demanding higher rates, and existing customers shifting to fully insured, higher-yielding products. Following the $11.4 million loss on the sale of securities as a result of the previously mentioned balance sheet optimization, non-interest income (loss) was ($8.0 million) during the fourth fiscal quarter of 2026 compared to $3.5 million in the preceding quarter and $3.7 million in the fourth fiscal quarter of 2025. Excluding the balance sheet optimization (non-GAAP), non-interest income for the fourth fiscal quarter of 2026 was $3.3 million. Non-interest income for the year, excluding the balance sheet optimization (non-GAAP), totaled $14.1 million, compared to $14.3 million in fiscal 2025. Asset management fees were $1.6 million during both the fourth fiscal quarter and the preceding quarter, and $1.5 million in the fourth fiscal quarter a year ago. Riverview Trust Company’s assets under management were $908.1 million at March 31, 2026, compared to $919.1 million at December 31, 2025, and $877.9 million at March 31, 2025. Non-interest expense decreased to $11.5 million during the fourth fiscal quarter compared to $12.2 million in the preceding quarter and increased modestly compared to $11.4 million in the fourth fiscal quarter a year ago. For the fiscal year, non-interest expense was $47.7 million compared to $44.3 million in fiscal 2025. “Operating costs improved compared to the prior quarter, though they remain elevated on a year-over-year basis as we have strategically expanded our business banking teams and filled key positions aligned with our growth objectives. We have also offset certain costs by bringing previously outsourced functions in-house, reducing reliance on external consultants. We are making meaningful progress on our digital roadmap — with digital account opening, enhanced in-branch experience, digital card issuance, instant issue debit cards, and fast payments all on track over the next twelve months. These investments are designed to expand our reach and deepen client relationships, and we expect costs to continue stabilizing as these initiatives come fully online,” said Dan Cox, EVP and Chief Operating Officer. Balance Sheet Review Total loans increased $7.4 million during the quarter to $1.08 billion at March 31, 2026, compared to three months earlier and increased $30.0 million compared to a year earlier. Riverview’s loan pipeline was $56.4 million at March 31, 2026, compared to $77.2 million at the end of the preceding quarter and $41.1 million at March 31, 2025. New loan originations during the quarter totaled $46.3 million, compared to $36.7 million in the preceding quarter and $49.4 million in the fourth fiscal quarter a year ago. Execution of the business model continues to yield results, with loans outstanding growing and the loan pipeline remaining strong heading into the new fiscal year. Undisbursed construction loans totaled $23.7 million at March 31, 2026, compared to $17.4 million at December 31, 2025, with most of the undisbursed construction loans expected to be funded over the next several quarters. Undisbursed homeowner association loans for the purpose of common area maintenance and repairs totaled $29.9 million at March 31, 2026, compared to $30.6 million at December 31, 2025. Revolving commercial business loan commitments totaled $55.1 million at March 31, 2026, compared to $53.8 million at December 31, 2025. Utilization on these loans totaled 30.10% at March 31, 2026, compared to 26.13% at December 31, 2025. The weighted average rate on loan originations during the quarter was 6.31% compared to 6.86% in the preceding quarter. Looking ahead, loan repricing and maturities for fiscal year 2027 total $95.1 million with a weighted average rate of 4.62%, fiscal year 2028 total $92.1 million with a weighted average rate of 5.41%, fiscal year 2029 total $111.1 million with a weighted average rate of 6.03%, and in aggregate for fiscal years after 2029 total $94.6 million with a weighted average rate of 5.87%. The office building loan portfolio totaled $115.5 million at March 31, 2026, compared to $108.4 million at December 31, 2025. The average loan balance of the office building loan portfolio was $1.6 million with an average loan-to-value ratio of 53.97% and an average debt service coverage ratio of 1.65x at March 31, 2026. Office building loans within the Portland core consist of two loans totaling $20.1 million, which is approximately 17.4% of the total office building loan portfolio, or 1.8% of total loans. Total deposits increased $20.7 million during the quarter to $1.25 billion at March 31, 2026, compared to $1.23 billion at December 31, 2025, and increased $21.9 million compared to $1.23 billion a year ago. During the quarter, the deposit mix continued to shift with increases in non-interest checking accounts, money market deposit accounts, and CDs. Riverview also continued to see strong traction with its fully insured sweep product, which has become an increasingly important tool for attracting and retaining customer deposits. Non-interest checking and interest checking accounts, as a percentage of total deposits, totaled 48.6% at March 31, 2026, compared to 49.5% at December 31, 2025, and 48.7% at March 31, 2025. FHLB advances decreased $44.4 million during the quarter to $16.1 million at March 31, 2026, compared to $60.5 million at December 31, 2025. Primarily as a result of the balance sheet optimization, shareholders’ equity was $145.6 million at March 31, 2026, compared to $164.2 million three months earlier and $160.0 million one year earlier. Tangible book value per share (non-GAAP) was $5.76 at March 31, 2026, compared to $6.62 at December 31, 2025, and $6.33 at March 31, 2025. Riverview paid a quarterly cash dividend of $0.02 per share on April 24, 2026, to shareholders of record on April 13, 2026. Credit Quality “Maintaining a strong loan portfolio remains our top priority, particularly as interest rate uncertainty and the overall economy continues to shape the environment,” said Robert Benke, EVP and Chief Credit Officer. “We did see an increase in nonperforming loans and net charge-offs during the quarter. This was driven by one hospitality borrower-specific circumstance rather than any broader weakness in that loan category. Overall credit quality metrics remain solid, and our team stays disciplined in monitoring trends and ensuring reserves reflect current conditions. Our lenders continue building the deep client relationships that give us early visibility and allow us to be a responsive partner to the businesses we serve.” Non-performing loans totaled $7.8 million or 0.71% of total loans as of March 31, 2026, compared to $1.1 million, or 0.10% of total loans at December 31, 2025, and $155,000, or 0.01% of total loans at March 31, 2025. At March 31, 2026, non-performing assets were $7.8 million, or 0.53% of total assets. Riverview recorded $1.1 million in net loan charge-offs for the current quarter. This compared to $246,000 in net loan charge-offs for the preceding quarter. Riverview recorded a $1.2 million provision for credit losses for the current quarter, compared to a $100,000 provision for the preceding quarter. Classified assets were $12.7 million at March 31, 2026, compared to $13.5 million at December 31, 2025, and $2.9 million at March 31, 2025. The classified assets to total capital ratio was 7.3% at March 31, 2026, compared to 7.4% at December 31, 2025, and 1.6% a year earlier. The increase in classified assets compared to a year ago was primarily due to one lending relationship that was moved to classified assets during the first fiscal quarter of 2026 for which a plan is in place to either return to performing status or payoff. The allowance for credit losses was $15.2 million at March 31, 2026, compared to $15.3 million at December 31, 2025, and $15.4 million at March 31, 2025. The allowance for credit losses represented 1.40% of total loans at March 31, 2026, compared to 1.41% at December 31, 2025, and 1.45% a year earlier. The allowance for credit losses to loans, net of government guaranteed loans (non-GAAP), was 1.45% at March 31, 2026, compared to 1.47% at December 31, 2025, and 1.51% a year earlier. Capital/Liquidity Riverview continues to maintain strong capital levels in excess of the regulatory requirements to be categorized as “well capitalized” with a total risk-based capital ratio of 15.62% and a Tier 1 leverage ratio of 10.60% at March 31, 2026. Tangible common equity to average tangible assets ratio (non-GAAP) was 8.25% at March 31, 2026. Riverview has approximately $593.7 million in available liquidity at March 31, 2026, including $268.0 million of borrowing capacity from the FHLB and $225.7 million from the Federal Reserve Bank of San Francisco (“FRB”). At March 31, 2026, the Bank had $16.1 million in outstanding FHLB borrowings. The uninsured deposit ratio was 28.2% at March 31, 2026. Available liquidity under the FRB borrowing line would cover 100% of the estimated uninsured deposits and available liquidity under both the FHLB and FRB borrowing lines would cover 139.4% of the estimated uninsured deposits. Riverview is taking a strategic approach to the use of excess capital in the reinvestment of the proceeds from the investment securities sale. Riverview expects to continue to reinvest the proceeds into a combination of higher-yielding bonds, which will be classified as available-for-sale at the time of purchase, support loan originations, pay down its Federal Home Loan Bank borrowings, or hold in cash. Deploying these funds into higher-yielding earning assets or paying down borrowings will inherently increase the net interest income of the Bank on a go-forward basis. Given Riverview’s strong capital levels, no additional capital was needed to support the balance sheet optimization. Non-GAAP Financial Measures In addition to results presented in accordance with generally accepted accounting principles (“GAAP”), this press release contains certain non-GAAP financial measures. Management has presented these non-GAAP financial measures in this earnings release because it believes that they provide useful and comparative information to assess trends in Riverview's core operations reflected in the current quarter's results and facilitate the comparison of our performance with the performance of our peers. However, these non-GAAP financial measures are supplemental and are not a substitute for any analysis based on GAAP. Where applicable, comparable earnings information using GAAP financial measures is also presented. Because not all companies use the same calculations, our presentation may not be comparable to other similarly titled measures as calculated by other companies. For a reconciliation of these non-GAAP financial measures, see the tables below. About Riverview Riverview Bancorp, Inc. (www.riverviewbank.com) is headquartered in Vancouver, Washington – just north of Portland, Oregon, on the I-5 corridor. With assets of $1.46 billion at March 31, 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 Metro Portland-Vancouver area, and 3 lending centers. For the past 11 years, Riverview has been named Best Bank by the readers of The Vancouver Business Journal and The Columbian. “Safe Harbor” statement under the Private Securities Litigation Reform Act of 1995: This press release contains forward-looking statements which include statements with respect to our beliefs, plans, objectives, goals, expectations, assumptions, future economic performance and projections of financial items. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that could cause actual results to differ materially from the results anticipated or implied by our forward-looking statements, including, but not limited to: potential adverse impacts to economic conditions in our local market areas, other markets where the Company has lending relationships, or other aspects of the Company's business operations or financial markets, including, without limitation, as a result of employment levels, labor shortages and the effects of inflation, a potential recession, the failure of the U.S. Congress to increase the debt ceiling, or slowed economic growth caused by increasing political instability from acts of war including Russia’s invasion of Ukraine, as well as supply chain disruptions, recent bank failures and any governmental or societal responses thereto; the credit risks of lending activities, including changes in the level and trend of loan delinquencies and write-offs and changes in the Company’s allowance for credit losses and provision for credit losses that may be impacted by deterioration in the housing and commercial real estate markets; changes in the levels of general interest rates, and the relative differences between short and long-term interest rates, deposit interest rates, the Company’s net interest margin and funding sources; the transition away from London Interbank Offered Rate toward new interest rate benchmarks; fluctuations in the demand for loans, the number of unsold homes, land and other properties and fluctuations in real estate values in the Company’s market areas; secondary market conditions for loans and the Company’s ability to originate loans for sale and sell loans in the secondary market; results of examinations of the Bank by the Federal Deposit Insurance Corporation and the Washington State Department of Financial Institutions, Division of Banks, and of the Company by the Board of Governors of the Federal Reserve System, or other regulatory authorities, including the possibility that any such regulatory authority may, among other things, require the Company to increase its allowance for credit losses, write-down assets, reclassify its assets, change the Bank’s regulatory capital position or affect the Company’s ability to borrow funds or maintain or increase deposits, which could adversely affect its liquidity and earnings; legislative or regulatory changes that adversely affect the Company’s business including changes in banking, securities and tax law, and in regulatory policies and principles, or the interpretation of regulatory capital or other rules; the Company’s ability to attract and retain deposits; the unexpected outflow of uninsured deposits that may require us to sell investment securities at a loss; the Company’s ability to control operating costs and expenses; the use of estimates in determining fair value of certain of the Company’s assets, which estimates may prove to be incorrect and result in significant declines in valuation; difficulties in reducing risks associated with the loans on the Company’s consolidated balance sheet; staffing fluctuations in response to product demand or the implementation of corporate strategies that affect the Company’s workforce and potential associated charges; disruptions, security breaches or other adverse events, failures or interruptions in or attacks on our information technology systems or on the third-party vendors who perform several of our critical processing functions; the Company’s ability to retain key members of its senior management team; costs and effects of litigation, including settlements and judgments; the Company’s ability to implement its business strategies; the Company's ability to successfully integrate any assets, liabilities, customers, systems, and management personnel it may acquire into its operations and the Company's ability to realize related revenue synergies and cost savings within expected time frames; future goodwill impairment due to changes in Riverview’s business, changes in market conditions, or other factors; increased competitive pressures among financial services companies; changes in consumer spending, borrowing and savings habits; the availability of resources to address changes in laws, rules, or regulations or to respond to regulatory actions; the Company’s ability to pay dividends on its common stock; the quality and composition of our securities portfolio and the impact of and adverse changes in the securities markets, including market liquidity; inability of key third-party providers to perform their obligations to us; changes in accounting policies and practices, as may be adopted by the financial institution regulatory agencies or the Financial Accounting Standards Board, including additional guidance and interpretation on accounting issues and details of the implementation of new accounting standards; the effects of climate change, severe weather events, natural disasters, pandemics, epidemics and other public health crises, acts of war or terrorism, and other external events on our business; and other economic, competitive, governmental, regulatory, and technological factors affecting the Company’s operations, pricing, products and services, and the other risks described from time to time in our reports filed with and furnished to the U.S. Securities and Exchange Commission. The Company cautions readers not to place undue reliance on any forward-looking statements. Moreover, you should treat these statements as speaking only as of the date they are made and based only on information then actually known to the Company. The Company does not undertake and specifically disclaims any obligation to revise any forward-looking statements included in this report or the reasons why actual results could differ from those contained in such statements, whether as a result of new information or to reflect the occurrence of anticipated or unanticipated events or circumstances after the date of such statements. These risks could cause our actual results for fiscal 2026 and beyond to differ materially from those expressed in any forward-looking statements by, or on behalf of, us and could negatively affect the Company’s consolidated financial condition and consolidated results of operations as well as its stock price performance.

Northwest Bancshares (NWBI) came out with quarterly earnings of $0.35 per share, beating the Zacks Consensus Estimate of $0.3 per share. This compares to earnings of $0.35 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +17.33%. A quarter ago, it was expected that this holding company for Northwest Savings Bank would post earnings of $0.31 per share when it actually produced earnings of $0.33, delivering a surprise of +6.45%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Northwest Bancshares, which belongs to the Zacks Financial - Savings and Loan industry, posted revenues of $175.06 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 0.83%. This compares to year-ago revenues of $156.17 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Northwest Bancshares shares have added about 10.7% since the beginning of the year versus the S&P 500's gain of 4.7%. While Northwest Bancshares has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Northwest Bancshares was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.32 on $177.73 million in revenues for the coming quarter and $1.31 on $718.01 million in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Financial - Savings and Loan is currently in the top 35% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Riverview Bancorp (RVSB), another stock in the same industry, has yet to report results for the quarter ended March 2026. This holding company for Riverview Community Bank is expected to post quarterly earnings of $0.05 per share in its upcoming report, which represents no change from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 14.3% higher over the last 30 days to the current level. Riverview Bancorp's revenues are expected to be $14.1 million, up 9.3% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Northwest Bancshares, Inc. (NWBI) : Free Stock Analysis Report Riverview Bancorp Inc (RVSB) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Riverview Bancorp (RVSB) came out with quarterly earnings of $0.03 per share, missing the Zacks Consensus Estimate of $0.05 per share. This compares to earnings of $0.05 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -40.00%. A quarter ago, it was expected that this holding company for Riverview Community Bank would post earnings of $0.04 per share when it actually produced earnings of $0.07, delivering a surprise of +75%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Riverview Bancorp, which belongs to the Zacks Financial - Savings and Loan industry, posted revenues of $13.83 million for the quarter ended March 2026, missing the Zacks Consensus Estimate by 1.92%. This compares to year-ago revenues of $12.9 million. The company has topped consensus revenue estimates two times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Riverview Bancorp shares have added about 9.6% since the beginning of the year versus the S&P 500's gain of 4.8%. While Riverview Bancorp has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Riverview Bancorp was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.08 on $15.1 million in revenues for the coming quarter and $0.34 on $62.5 million in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Financial - Savings and Loan is currently in the top 34% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Another stock from the same industry, Provident Financial (PFS), has yet to report results for the quarter ended March 2026. The results are expected to be released on April 29. This holding company for The Provident Bank is expected to post quarterly earnings of $0.55 per share in its upcoming report, which represents a year-over-year change of +10%. The consensus EPS estimate for the quarter has been revised 2.3% lower over the last 30 days to the current level. Provident Financial's revenues are expected to be $226.21 million, up 8.4% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Riverview Bancorp Inc (RVSB) : Free Stock Analysis Report Provident Financial Services, Inc (PFS) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research