Earnings ·
River Financial Corporation reported second quarter 2026 financial results, highlighted by a 24.2% increase in…
RVRFRiver Financial Corp
River Financial Corporation reported second quarter 2026 financial results, highlighted by a 24.2% increase in tangible book value per share to $36.94. Year-to-date net income rose 36.3% to $28.0 million, while quarter-to-date net income grew 14.6% to $13.9 million. Basic earnings per share for the year-to-date period increased 35.1% to $3.58. Total assets reached $4.02 billion, up 9.0% from the previous year, supported by a $278.0 million increase in total loans and a $282.6 million increase in total deposits. Nonperforming loans as a percentage of total loans rose to 0.49% from 0.21% in the prior year. The company operates as a bank holding company providing full-service banking services.