Riverview Bancorp (RVSB) Non Operating Interest Expenses (2010 - 2024)

Riverview Bancorp (RVSB) has reported Non Operating Interest Expenses for 15 consecutive years, with $5.7 million the latest figure, recorded in Q1 2024.

• For the quarter ending Q1 2024, Non Operating Interest Expenses rose 169.82% year-over-year to $5.7 million; the trailing twelve-month figure through Mar 2024 stood at $18.5 million (up 354.9% YoY), and the FY2024 full-year result was $18.5 million, up 354.9% from the prior year.
• Non Operating Interest Expenses improved to $5.7 million in Q1 2024 per RVSB's latest filing, from $4.9 million in the prior quarter.
• Across five years, Non Operating Interest Expenses topped out at $5.7 million in Q1 2024 and bottomed at $483000.0 in Q1 2022.
• Historically, Non Operating Interest Expenses has averaged $1.7 million across 5 years, with a median of $763000.0 in 2020.
• The sharpest annual moves came in 2021 and 2023: Non Operating Interest Expenses plunged 46.09% in 2021, then soared 575.05% in 2023.
• Over 5 years, Non Operating Interest Expenses stood at $763000.0 in 2020, then sank by 35.52% to $492000.0 in 2021, then soared by 51.02% to $743000.0 in 2022, then soared by 565.95% to $4.9 million in 2023, then increased by 15.99% to $5.7 million in 2024.
• According to Business Quant data, Non Operating Interest Expenses over the past three periods registered $5.7 million, $4.9 million, and $4.2 million for Q1 2024, Q4 2023, and Q3 2023 respectively.