River Financial Corp.
10/15/2026 | Press release | Distributed by Public on 10/15/2026 15:28
River Financial Corporation Reports 12.6% Increase in Tangible Book Value Per Share (Form 8-K)
River Financial Corporation Reports 12.6% Increase in Tangible Book Value Per Share
River Financial Corporation has experienced a 12.6% increase in tangible book value per share from $32.90 at September 30, 2025 to $37.03 at September 30, 2026.
Other highlights as of September 30, 2026 include the following:
Income/Profitability:
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Year-to-date net income increased $11.8 million, or 37.9%, from $31.2 million at September 30, 2025 to $43.0 million for the nine months ended September 30, 2026.
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Quarter-to-date net income increased $4.4 million, or 41.0%, from $10.7 million at September 30, 2025 to $15.1 million at September 30, 2026.
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Year-to-date basic earnings per share increased 36.7% from $4.03 at September 30, 2025 to $5.51 at September 30, 2026.
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Quarter-to-date basic earnings per share increased 40.0% from $1.38 at September 30, 2025 to $1.93 at September 30, 2026.
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Year-to-date return on average equity of 18.5% compared to 16.4% for the same period last year.
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Annualized quarter-to-date return on average equity of 18.94% compared to 16.07% for the same period last year.
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Annualized quarter-to-date return on average assets of 1.56% compared to 1.18% for the same period last year.
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Year-to-date net interest margin (taxable equivalent) of 3.73% compared to 3.40% for the same period last year.
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Quarter-to-date net interest margin (taxable equivalent) of 3.76% compared to 3.48% for the same period last year.
Balance Sheet:
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Total assets increased $249.7 million or 6.5% from $3.84 billion at September 30, 2025 to $4.09 billion at September 30, 2026.
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Total loans increased $287.3 million or 10.9% from $2.64 billion at September 30, 2025 to $2.93 billion at September 30, 2026.
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Total deposits increased $263.2 million or 7.9% from $3.35 billion at September 30, 2025 to $3.61 billion at September 30, 2026.
Credit Quality:
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Nonperforming loans as a percentage of total loans increased from 0.29% at September 30, 2025 to 0.51% at September 30, 2026.
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Net charge-off percentage decreased from 0.11% at September 30, 2025 to .04% at September 30, 2026
Capital Ratios:
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Total risk-based capital ratio increased from 13.612% at September 30, 2025 to 14.239% at September 30, 2026.
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Common equity tier 1 capital ratio increased from 10.892% at September 30, 2025 to 11.883% as of September 30, 2026.
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Tier 1 Capital ratio increased from 7.778% at September 30, 2025 to 8.428% at September 30, 2026.
About River Financial Corporation
River Financial Corporation operates as the bank holding company for River Bank & Trust. River Bank & Trust operates twenty-four full-service banking offices in Alabama in the cities of Montgomery, Prattville, Millbrook, Wetumpka, Auburn, Opelika, Gadsden, Alexander City, Daphne, Clanton, Dothan, Enterprise, Mobile, Decatur, Huntsville, Saraland, Birmingham, Florence, and Tuscaloosa, Alabama. We also have one full-service banking office in Destin, Florida. For more information contact [email protected] go to riverbankandtrust.com/about-us/investor-relations.
River Financial Corp. published this content on October 15, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on October 15, 2026 at 21:28 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]