The company announced earnings inched up on the Slower Pace, amid the fiscal period closing Dec 31 2022

River Financial Corporation announced earnings per share of $0.84 and Revenue of $21.85 million in the most recent fiscal period, company's income fell $0.84 per share, versus $1.03 eps, earned in the similar period a year before, although River Financial Corporation saw its Revenue rise by 20.178 % in the similar period.

Sequentially income faded by -24.74 % from $1.11 per share and revenue advanced by 9.894 % from $21.85 million.


Net earnings of $5.834 million in the fourth quarter of 2022 earnings season fell by -14.62 % from $6.833 million in the corresponding period a year before. River Financial Corporation shifted it's focus on improving sales in the fourth quarter of 2022 earnings season, as a result net margin eased to 24.29%.
Operating earnings, fell -14.83% to $7.424 million, squeezing River Financial Corporation's operating margin to 30.92%, from 43.62% in the fourth quarter of 2021. Studying more the business results for the fiscal period 2022, River Financial Corporation declared revenue of $87.29 million and net income of $27.93 million.

Regional Banks company explained also, that Income improved by 9.23 % to $4.14 per share from $3.79 in the preceding fiscal period , recognized also, that revenue advanced by 14.94 % from $75.95 million a year ago.

River Financial Corporation is expected to report next financial earnings on May 09, 2023.

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