Riverview Bancorp added to Russell 3000 and Russell 2000 Indexes.

Riverview Bancorp, Inc. has been added to the Russell 3000 Index and Russell 2000 Index. The company's inclusion is expected to increase visibility among institutional investors and reflect its commitment to being a best-in-class community bank in the Pacific Northwest. The Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies.

Riverview Bancorp, Inc. (NASDAQ: RVSB) has been added to both the Russell 3000® Index and the Russell 2000® Index following the recent index reconstitution by Russell Investments. This significant milestone marks Riverview Bancorp's inclusion in two of the most prominent U.S. stock market indexes.

The addition to the Russell 3000 Index, which includes approximately 3,000 of the largest U.S. publicly traded companies, and the Russell 2000 Index, which comprises around 2,000 of the smallest companies in the U.S. market, signifies a substantial increase in Riverview Bancorp's visibility among institutional investors. As of June 2024, the Russell US indexes benchmark approximately $10.6 trillion in assets [1].

Riverview Bancorp's inclusion in these indexes is expected to enhance its profile among investment managers and institutional investors who use the Russell indexes as benchmarks for active investment strategies. The company's focus on the Pacific Northwest region and its commitment to being a best-in-class community bank are likely to be further highlighted by this addition.

The inclusion in the Russell 3000 and Russell 2000 indexes is a testament to Riverview Bancorp's financial strength and market position. This development is likely to attract more attention from institutional investors and could potentially lead to increased investment opportunities for the company.

References:
[1] https://www.stocktitan.net/news/RVSB/riverview-bancorp-inc-added-to-russell-2000-rfawnw0520e0.html