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Riverview BANCORP Contact : Nicole Sherman David Lam Riverview Bancorp , Inc. 360-693-6650 Exhibit 99.1 The IR Group Riverview Bancorp Reports Net Income of $ 1.7 Million in First Quarter 2027 FISCAL Q1 2027 HIGHLIGHTS $ 1.7 Million $ 0.08 $ 5.86 0.59 % Net Income Diluted Earnings per Common Share Tangible Book Value per Share ( non - GAAP ) NPAs to Total Assets Net Interest Income and Net Interest Margin Fiscal First Quarter Comparison Highlights $ 11.4 million net interest income for the quarter compared to $ 9.8 million in Fiscal Q1 2026 Net interest margin at 3.34 % for the quarter compared to 2.78 % in Fiscal Q1 2026 Credit Quality Non - performing assets at 0.59 % of total assets and 0.80 % of total loans in Fiscal Q1 2027 No provision booked for the quarter and recoveries of $ 88,000 Non - Interest Income and Non - Interest Expense || ⚫ Non - interest income of $ 3.6 million for the quarter , compared to $ 3.4 million in Fiscal Q1 2026 Non - interest expense of $ 12.9 million for the quarter compared to $ 11.7 million in Fiscal Q1 2026 Shareholder Returns and Stock Activity On July 21 , 2026 , the Company paid a cash dividend of $ 0.02 per share • Tangible book value per share ( non- GAAP ) was $ 5.86 Vancouver , Washington – July 28 , 2026 - Riverview Bancorp , Inc. ( Nasdaq GSM : RVSB ) ( " Riverview " or the " Company " ) today reported net income of $ 1.7 million , or $ 0.08 per diluted share , in the first fiscal quarter ended June 30 , 2026. This compared to net loss of $ 8.0 million , or $ 0.39 per diluted share , in the fourth fiscal quarter ended March 31 , 2026 , and net income of $ 1.2 million , or $ 0.06 per diluted share , in the first fiscal quarter ended June 30 , 2025. On March 25 , 2026 , Riverview implemented a strategic balance sheet optimization that included the reclassification of its entire portfolio of held - to - maturity ( “ HTM ” ) securities to available - for - sale ( " AFS " ) securities and sale of $ 149.3 million in lower - yielding book value investment securities . " Riverview's first fiscal quarter of 2027 reflects the meaningful progress we are making through the disciplined delivery of our strategic plan , " stated Nicole Sherman , President and Chief Executive Officer . “ During the quarter , the Company generated its highest net income in the past 11 quarters , supported by our strategic balance sheet optimization , prudent