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Riverview Financial (Riverview Financial) Sloan Ratio % : -21.45% (As of Sep. 2021)


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What is Riverview Financial Sloan Ratio %?

Richard Sloan from the University of Michigan was first to document what is referred to as the "accrual anomaly". His 1996 paper found that shares of companies with small or negative accruals vastly outperform (+10%) those of companies with large ones.

Riverview Financial's Sloan Ratio for the quarter that ended in Sep. 2021 was -21.45%.

As of Sep. 2021, Riverview Financial has a Sloan Ratio of -21.45%, indicating there is a warning stage of accrual build up.


Riverview Financial Sloan Ratio % Historical Data

The historical data trend for Riverview Financial's Sloan Ratio % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Riverview Financial Sloan Ratio % Chart

Riverview Financial Annual Data
Trend Dec10 Dec11 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 9.18 -4.71 -5.44 20.27

Riverview Financial Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
Sloan Ratio % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.18 20.27 19.42 -12.02 -21.45

Competitive Comparison of Riverview Financial's Sloan Ratio %

For the Banks - Regional subindustry, Riverview Financial's Sloan Ratio %, along with its competitors' market caps and Sloan Ratio % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Riverview Financial's Sloan Ratio % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Riverview Financial's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Riverview Financial's Sloan Ratio % falls into.



Riverview Financial Sloan Ratio % Calculation

Earnings contain a lot of non cash earnings which is called accruals. The Sloan ratio is a way to identify firms with low non-cash or accrual-derived earnings relative to their cash flow.

Riverview Financial's Sloan Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2020 )-Cash Flow from Operations (A: Dec. 2020 )
-Cash Flow from Investing (A: Dec. 2020 ))/Total Assets (A: Dec. 2020 )
=(-21.211-5.257
--301.629)/1357.554
=20.27%

Riverview Financial's Sloan Ratio for the quarter that ended in Sep. 2021 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Sep. 2021 )
=(12.538-18.146
-261.001)/1242.793
=-21.45%

Riverview Financial's Net Income for the trailing twelve months (TTM) ended in Sep. 2021 was 1.583 (Dec. 2020 ) + 3.06 (Mar. 2021 ) + 4.78 (Jun. 2021 ) + 3.115 (Sep. 2021 ) = $12.54 Mil.
Riverview Financial's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2021 was 2.756 (Dec. 2020 ) + 4.147 (Mar. 2021 ) + 6.519 (Jun. 2021 ) + 4.724 (Sep. 2021 ) = $18.15 Mil.
Riverview Financial's Cash Flow from Investing for the trailing twelve months (TTM) ended in Sep. 2021 was 19.172 (Dec. 2020 ) + -8.198 (Mar. 2021 ) + 151.24 (Jun. 2021 ) + 98.787 (Sep. 2021 ) = $261.00 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Riverview Financial  (NAS:RIVE) Sloan Ratio % Explanation

A former University of Michigan researcher, Richard Sloan's 1996 paper found that shares of companies with small or negative accruals vastly outperform (+10%) those of companies with large ones. In fact, for the 40-year period between 1962 and 2001, buying the lowest accrual companies and shorting the highest accrual companies resulted in an average annual compounded return of 18%, more than double the S&P 500's 7.4% annual return over the same period.

According to How to Beat the Market with the Sloan Ratio:

If the Sloan Ratio is between -10% and 10%, the company is in the safe zone and there is no funny business with accruals.

If the Sloan Ratio is less than between -25% and -10% on the negative side, and between 10% and 25% on the positive side, this is a warning stage of accrual build up.

If the Sloan Ratio is less than -25% or greater than 25%, and this ratio is consistent over several quarters or even years, be careful. Earnings are highly likely to be made up of accruals.

As of Sep. 2021, Riverview Financial has a Sloan Ratio of -21.45%, indicating there is a warning stage of accrual build up.


Riverview Financial Sloan Ratio % Related Terms

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Riverview Financial (Riverview Financial) Business Description

Traded in Other Exchanges
N/A
Address
3901 North Front Street, Harrisburg, PA, USA, 17110
Riverview Financial Corp is a bank holding company. It provides loan, deposit, and banking services to individuals, businesses, and municipalities. Its two areas of operations include commercial and consumer banking. The Bank's commercial banking activities include accepting time, demand, and savings deposits and making secured and unsecured commercial, real estate, and consumer loans. Under its personal banking umbrella, it provides checking, savings, debit and credit card facilities.
Executives
Castle Creek Capital Partners Vi, Lp 10 percent owner 6051 EL TORDO, RANCHO SANTA FE CA 92067
Castle Creek Capital Vi Llc 10 percent owner 6051 EL TORDO, PO BOX 1329, RANCHO SANTA FE CA 92067
William Ernest Wood director 138 TREASURE LAKE DUBOIS PA 15801
Joseph D. Kerwin director 2407 PARK DRIVE, HARRISBURG PA 17110
Ginger G Kunkel officer: SEVP & COO 389 COAL MOUNTAIN ROAD, ORWIGSBURG PA 17961
Howard R. Greenawalt director 2407 PARK DRIVE, HARRISBURG PA 17110
Paula M. Cherry director 705 TREASURE LAKE, DUBOIS PA 15801
Albert J. Evans director 2407 PARK DRIVE, HARRISBURG PA 17110
Maureen M. Gathagan director 2407 PARK DRIVE, HARRISBURG PA 17110
Brett D Fulk director, officer: President & CEO 34 MILLER ROAD, NEW RINGGOLD PA 17960
Scott A Seasock officer: SEVP & CFO 125 NORTH STATE ST, CLARKS SUMMIT PA 18411
Kevin D. Mcmillen director 403 W. LOCUST STREET CLEARFIELD PA 16830
Timothy E. Resh director 363 LINCOLN STREET SOMERSET PA 15501
Marlene K. Sample director 10446 TANGLEWOOD DRIVE HUNTINGDON PA 16652
Soult John G. Jr. director, officer: Chairman of the Board 114 LATIMER STREET CLEARFIELD PA 16830

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