HARRISBURG – On Aug. 28, members of the Riverview Financial Corp. executive team and board of directors were invited to Times Square, New York City, to take part in the time-honored tradition of ringing the Nasdaq closing bell.
The Stock Symbol, RIVE, was announced and welcomed as a public offering by Nasdaq representative Andy Hall. Shares of Riverview Financial Corp. stock began active trading on the Nasdaq on Aug. 14.
At the ceremony, Kirk D. Fox, chief executive officer, and Brett D. Fulk, president, provided great accolades to the journey of Riverview Financial Corp., attributing its many accomplishments to the support of a forward-thinking board, leadership of an innovative management team and hard work of a dedicated team of employees.
Fox stated, “This event is a truly momentous milestone for Riverview Financial Corp. A day like today represents the culmination of many years of sustained solid performance and the ongoing efforts of many individuals to make this happen.”
Fulk added, “To go from $80 million in assets in 2007 to $1.2 billion in 2017 is a tremendous growth story by any measure, but to have done so during one of the more difficult periods of our industry’s history speaks volumes about the determination of our team to successfully execute on well-planned strategic goals.
“By listing on Nasdaq, we are now afforded the opportunity to broaden our shareholder base by attracting potential additional investors while increasing liquidity to our existing shareholders.”
Riverview Financial Corp. is the parent company of Riverview Bank and its operating divisions Citizens Neighborhood Bank, CBT Bank, Riverview Wealth Management and CBT Financial and Trust Management.
An independent community bank, Riverview Bank serves the Pennsylvania market areas of Berks, Blair, Centre, Clearfield, Dauphin, Huntingdon, Lebanon, Lycoming, Northumberland, Perry, Schuylkill and Somerset counties through 30 community banking offices and three limited purpose offices.
Each office, interdependent with the community, offers a comprehensive array of financial products and services to individuals, businesses, not-for-profit organizations and government entities.
The Wealth Management and Trust divisions, with assets under management exceeding $350 million, provide trust and investment advisory services to the general public.
Riverview’s business philosophy includes offering direct access to senior management and other officers and providing friendly, informed and courteous service, local and timely decision making, flexible and reasonable operating procedures and consistently applied credit policies.
The company’s common stock trades on the Nasdaq Global Market under the symbol “RIVE.” The Investor Relations site can be accessed at https://www.riverviewbankpa.com/.
Nasdaq (Nasdaq: NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services.
Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today’s global capital markets.
As the creator of the world’s first electronic stock market, its technology powers more than 100 marketplaces in 50 countries, and one in 10 of the world’s securities transactions. Nasdaq is home to approximately 4,000 total listings with a market value of approximately $14 trillion. To learn more, visit: http://business.nasdaq.com.