River Financial Reports 41% Increase in Quarterly Net Income

River Financial Corporation (RVRF) reported quarter-to-date net income of $15.1 million as of September 30, 2026, up 41.0% from $10.7 million a year earlier. Basic earnings per share rose 40.0% to $1.93.

For the first nine months of 2026, net income totaled $43.0 million, a 37.9% increase from the prior-year period. Tangible book value per share increased 12.6% to $37.03.

• Total assets were $4.09 billion, up 6.5% year over year.
• Total loans increased 10.9% to $2.93 billion, while deposits increased 7.9% to $3.61 billion.
• Year-to-date basic earnings per share increased 36.7% to $5.51.
• Nonperforming loans were 0.51% of total loans, compared with 0.29% a year earlier.
• Total risk-based capital ratio rose to 14.239% from 13.612%.