Riverview Bancorp's Q1 Earnings Beat Expectations, Analyst Forecasts 12% Revenue Growth for 2027

Riverview Bancorp's Q4 results exceeded expectations, with revenues beating estimates by 2.5% to $14m and statutory profit of $0.07, a 75% increase from forecasts. Analysts have updated their earnings model, forecasting revenues of $60m in 2027, a 12% increase from last year, and a 54% surge in statutory earnings per share to $0.36. The consensus price target has been lifted 12% to $7.00, indicating a positive long-term outlook.