6 Reasons That Make Riverview Bancorp (RVSB) A Solid Pick

 | Dec 09, 2019 07:25AM ET

It seems to be a wise idea to add Riverview Bancorp Inc (NASDAQ:RVSB) stock to your portfolio now, given its strong fundamentals and promising prospects. Solid loans receivable balance and steady growth in non-interest income are likely to continue supporting the company’s profitability.

The stock has been witnessing upward estimate revisions, reflecting analysts’ optimism about its earnings growth potential. Over the past 60 days, the Zacks Consensus Estimate for fiscal 2020 and fiscal 2021 has moved 2.7% and 1.3% north, respectively.

The Zacks Rank #2 (Buy) stock has rallied 1.8% so far this year, underperforming the Zacks Investment Research

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