Recent Updates — RVRF
River Financial Corporation reported results for the quarter ended September 30, 2026, with quarter-to-date net income increasing 41.0% to $15.1 million from $10.7 million in the prior year period. Year-to-date net income rose 37.9% to $43.0 million, and basic earnings per share increased 36.7% to $5.51. Tangible book value per share grew 12.6% to $37.03. Total assets reached $4.09 billion, up 6.5%, while total loans increased 10.9% to $2.93 billion and deposits rose 7.9% to $3.61 billion. The company operates as the bank holding company for River Bank & Trust, which maintains twenty-four full-service banking offices in Alabama and one in Florida.
River Financial Corporation filed an amendment to its Form 8-K regarding a material cybersecurity incident reported on June 19, 2026. The company determined that an unauthorized threat actor accessed portions of its network and removed certain data. River is investigating the nature and scope of the information involved, including whether personally identifiable information was affected. As part of its response, the company attempted to suppress the affected data and obtained representations from the threat actor confirming deletion. The full impact on business or financial condition has not yet been determined. River Financial Corporation operates in the financial services industry.
River Financial Corporation reported the filing of two additional class action lawsuits on July 10 and July 16, 2026, regarding a cybersecurity incident involving unauthorized network access. The company has not yet determined the full scope or impact of the material nature of the incident on its business or financial condition. River Financial Corporation is a financial services company providing banking services through River Bank & Trust.
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.
River Financial Corporation has determined that an unauthorized threat actor accessed portions of its network and removed data from its environment. The company is investigating the nature and scope of the information involved, including potential personally identifiable information, and has faced two class action lawsuits following the incident. River Financial Corporation is a financial services company providing banking and financial technology solutions.
River Financial Corporation is investigating a cybersecurity incident that potentially impacted data, though the company has not yet determined the full scope or whether it will materially impact its business or financial condition. No account impacts have been confirmed to date. River Financial Corporation is a financial services company providing banking services.