River Financial Corporation

River Financial Corporationverified

RVRF

Price:

$30

Market Cap:

$230.25M

River Financial Corporation operates as the bank holding company for the River Bank & Trust that provides various financial services to businesses, business owners, and professionals in the United States. The company accepts demand, time, savings, and other deposits, including negotiable orders of withdrawal accounts, as well as interest-bearing transaction accounts, money market accounts, and certificates of deposit. It also offers commercial real estate term loans, residential mortgage loans, and construction and land development loans; home equity lines of credit; commercial and industrial loans; and consumer loans comprising loans to purchase automobiles and other consumer durable goods....[Read more]

Industry

Banks - Regional

IPO Date

2018-10-08

Stock Exchange

OTC

Ticker

RVRF

The Current Ratio as of September 2024 (TTM) for River Financial Corporation (RVRF) is 0.07

According to River Financial Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 0.07. This represents a change of -39.83% compared to the average of 0.11 of the last 4 quarters.

River Financial Corporation (RVRF) Historical Current Ratio (quarterly & annually)

How has RVRF Current Ratio performed in the past?

The mean historical Current Ratio of River Financial Corporation over the last ten years is 81.70. The current 0.07 Current Ratio has changed -91.58% with respect to the historical average. Over the past ten years (40 quarters), RVRF's Current Ratio was at its highest in in the December 2019 quarter at 1.28K. The Current Ratio was at its lowest in in the September 2014 quarter at 0.

Quarterly (TTM)
Annual

Average

81.70

Median

59.63

Minimum

0.03

Maximum

192.01

River Financial Corporation (RVRF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of River Financial Corporation Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 210.68%

Maximum Annual Current Ratio = 192.01

Minimum Annual Increase = -99.94%

Minimum Annual Current Ratio = 0.03

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.03-99.94%
202256.35-23.67%
202173.8317.36%
202062.9178.26%
201935.29-76.17%
2018148.07-22.89%
2017192.0116.23%
2016165.20210.68%
201553.1876.52%
201430.12-34.47%

River Financial Corporation (RVRF) Average Current Ratio

How has RVRF Current Ratio performed in the past?

The current Current Ratio of River Financial Corporation (RVRF) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

43.41

5-year avg

45.68

10-year avg

81.70

River Financial Corporation (RVRF) Current Ratio vs. Peers

How is RVRF’s Current Ratio compared to its peers?

River Financial Corporation’s Current Ratio is greater than Potomac Bancshares, Inc. (0), less than Mountain Pacific Bancorp, Inc. (0.38), less than Pacific Premier Bancorp, Inc. (0.08), greater than Old National Bancorp (0.04), less than German American Bancorp, Inc. (0.24), greater than First Merchants Corporation (0.03), greater than Mercantile Bank Corporation (0.05), greater than Old Second Bancorp, Inc. (0.05), less than Wintrust Financial Corporation (0.09), less than U.S. Bancorp (0.69), less than The PNC Financial Services Group, Inc. (0.14), less than KeyCorp (0.56), less than Zions Bancorporation, National Association (0.14), less than Fifth Third Bancorp (0.27),

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