Riverview Bancorp (Riverview Bancorp) Debt-to-Equity : 1.18 (As of Dec. 2023)

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What is Riverview Bancorp Debt-to-Equity?

Riverview Bancorp's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Riverview Bancorp's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $186.22 Mil. Riverview Bancorp's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $158.47 Mil. Riverview Bancorp's debt to equity for the quarter that ended in Dec. 2023 was 1.18.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Riverview Bancorp's Debt-to-Equity or its related term are showing as below:

RVSB' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.18 Med: 0.24 Max: 1.18
Current: 0.76

During the past 13 years, the highest Debt-to-Equity Ratio of Riverview Bancorp was 1.18. The lowest was 0.18. And the median was 0.24.

RVSB's Debt-to-Equity is ranked worse than
54.2% of 1393 companies
in the Banks industry
Industry Median: 0.66 vs RVSB: 0.76

Riverview Bancorp Debt-to-Equity Historical Data

The historical data trend for Riverview Bancorp's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Riverview Bancorp Debt-to-Equity Chart

Riverview Bancorp Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.20

0.19

0.99

0.76

Riverview Bancorp Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.99	1.07	1.13	1.18	0.76

Competitive Comparison of Riverview Bancorp's Debt-to-Equity

For the Banks - Regional subindustry, Riverview Bancorp's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Riverview Bancorp's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Riverview Bancorp's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Riverview Bancorp's Debt-to-Equity falls into.

Riverview Bancorp Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Riverview Bancorp's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	152.901)	/	155.239
	=	0.98

Riverview Bancorp's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	186.22)	/	158.472
	=	1.18

Riverview Bancorp (NAS:RVSB) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Riverview Bancorp Debt-to-Equity Related Terms

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Riverview Bancorp (Riverview Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Riverview Bancorp Inc (NAS:RVSB) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

900 Washington Street, Suite 900, Vancouver, WA, USA, 98660

Website

https://www.riverviewbank.com

Riverview Bancorp Inc is an American savings and loan holding company. The company through its subsidiaries engages in the business of attracting deposits and puts it to use in its market area to originate commercial business. It organizes in two operating segments, Banking Operations performed by the bank and trust and Investment Services performed by the Trust company. The company products and services include checking, saving, money market, mortgage, home equity, consumer, online banking, cash management, and others.

Executives

Robert Benke	officer: EVP/CCO	900 WASHINGTON ST, STE 900, VANCOUVER WA 98660
Valerie Moreno	director	900 WASHINGTON STREET, SUITE 900, VANCOUVER WA 98660
Michael Sventek	officer: EVP/CLO	900 WASHINGTON ST, SUITE 900, VANCOUVER WA 98660
Stacey Graham	director	900 WASHINGTON STREET, SUITE 900, VANCOUVER WA 98660
Bradley Carlson	director	900 WASHINGTON STREET, SUITE 900, VANCOUVER WA 98660
Bessie Ross Wills	director	900 WASHINGTON STREET, SUITE 900, VANCOUVER WA 98660
Sowers Courtney Evan	officer: President/CEO - Trust Co.	900 WASHINGTON STREET, SUITE 900, VANCOUVER WA 98660
Larry Hoff	director	900 WASHINGTON STREET, SUITE 900, VANCOUVER WA 98660
Tracie L. Jellison	officer: Chief Retail Banking Officer	900 WASHINGTON STREET, SUITE 900, VANCOUVER WA 98660
Patricia Eby	director	900 WASHINGTON STREET, SUITE 900, VANCOUVER WA 98660
John A Karas	officer: Sr. Vice President	900 WASHINGTON ST, SUITE 900, VANCOUVER WA 98660
Martin S. Friedman	10 percent owner, other: See Remarks below	7901 JONES BRANCH DR. SUITE 210, MCLEAN VA 22102
David Nierenberg	director	19605 NE 8TH STREET, CAMAS WA 98607
Kim J Capeloto	officer: Executive Vice President	900 WASHINGTON ST., SUITE 900, VANCOUVER WA 98660
Daniel D Cox	officer: EVP, Chief Credit Officer	900 WASHINGTON STREET, SUITE 900, VANCOUVER WA 98660