Riverview Net Tangible Assets from 2010 to 2024

RVSB Stock  USD 5.53  0.08  1.47%   
Riverview Bancorp's Net Tangible Assets are increasing over the years with slightly volatile fluctuation. Net Tangible Assets are expected to dwindle to about 102.4 M. Net Tangible Assets is the total assets of Riverview Bancorp minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. View All Fundamentals
 
Net Tangible Assets  
First Reported
2011-06-30
Previous Quarter
127.8 M
Current Value
126.6 M
Quarterly Volatility
26.4 M
 
Yuan Drop
 
Covid
Check Riverview Bancorp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Riverview Bancorp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.8 M, Interest Expense of 19.4 M or Selling General Administrative of 18.8 M, as well as many indicators such as Price To Sales Ratio of 3.04, Dividend Yield of 0.0538 or PTB Ratio of 1.17. Riverview financial statements analysis is a perfect complement when working with Riverview Bancorp Valuation or Volatility modules.
  
Check out the analysis of Riverview Bancorp Correlation against competitors.
For information on how to trade Riverview Stock refer to our How to Trade Riverview Stock guide.

Latest Riverview Bancorp's Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of Riverview Bancorp over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. Riverview Bancorp's Net Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Riverview Bancorp's overall financial position and show how it may be relating to other accounts over time.
Net Tangible Assets10 Years Trend
Slightly volatile
   Net Tangible Assets   
       Timeline  

Riverview Net Tangible Assets Regression Statistics

Arithmetic Mean94,430,372
Geometric Mean89,359,097
Coefficient Of Variation32.82
Mean Deviation26,106,397
Median88,722,000
Standard Deviation30,996,240
Sample Variance960.8T
Range96.5M
R-Value0.92
Mean Square Error166.6T
R-Squared0.84
Slope6,348,598
Total Sum of Squares13450.7T

Riverview Net Tangible Assets History

2024102.4 M
2023147 M
2022127.8 M
2021129.7 M
2020123.9 M
2019121 M
2018105.1 M

About Riverview Bancorp Financial Statements

Riverview Bancorp stakeholders use historical fundamental indicators, such as Riverview Bancorp's Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although Riverview Bancorp investors may analyze each financial statement separately, they are all interrelated. For example, changes in Riverview Bancorp's assets and liabilities are reflected in the revenues and expenses on Riverview Bancorp's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Riverview Bancorp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Tangible Assets147 M102.4 M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Riverview Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Riverview Bancorp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Riverview Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Riverview Bancorp Stock:
Check out the analysis of Riverview Bancorp Correlation against competitors.
For information on how to trade Riverview Stock refer to our How to Trade Riverview Stock guide.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Riverview Bancorp. If investors know Riverview will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Riverview Bancorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.40)
Dividend Share
0.16
Earnings Share
0.05
Revenue Per Share
2.193
Quarterly Revenue Growth
(0.04)
The market value of Riverview Bancorp is measured differently than its book value, which is the value of Riverview that is recorded on the company's balance sheet. Investors also form their own opinion of Riverview Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Riverview Bancorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Riverview Bancorp's market value can be influenced by many factors that don't directly affect Riverview Bancorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Riverview Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Riverview Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Riverview Bancorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.