River Financial Corp
riverbankandtrust.comWhat Do They Do?
Provides deposit accounts, loans and other banking services to businesses, business owners and professionals.
10-K for FY2025, filed Mar 10, 2026We operate one subsidiary bank, River Bank & Trust. Through the Bank, we provide a broad array of financial services to businesses…View ↗
Through our Bank, we engage in the business of banking, which consists primarily of accepting deposits from the public and making loans and…View ↗
We offer a range of lending services, including real estate, consumer, and commercial loans, to individuals, small businesses, and other…View ↗
How Do They Make Money?
Borrowers pay interest under loan terms; the bank also earns interest on investments and fees from mortgage sales, deposit services and brokerage. Account fees generally arrive monthly or when a transaction finishes, while a third-party broker-dealer pays brokerage fees monthly or quarterly.
10-K for FY2025, filed Mar 10, 2026Through our Bank, we engage in the business of banking, which consists primarily of accepting deposits from the public and making loans and…View ↗
The majority of the Company’s revenue-generating transactions are not subject to ASC 606, including revenue generated from financial…View ↗
Service Charges and Fees - these represent general service fees for monthly account maintenance and activity or transaction-based fees and…View ↗
Investment Brokerage Revenue - retail brokerage fees are received from a third party broker-dealer, for which the Company acts as an agent…View ↗
$197.6M
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10-K for FY2025, filed Mar 10, 2026
$197.6M ↗
Who Are Their Customers?
Businesses and individuals use River Bank & Trust for loans, deposit accounts and other financial services through its banking offices and online and mobile banking.
10-K for FY2025, filed Mar 10, 2026We operate one subsidiary bank, River Bank & Trust. Through the Bank, we provide a broad array of financial services to businesses…View ↗
We offer a range of lending services, including real estate, consumer, and commercial loans, to individuals, small businesses, and other…View ↗
We offer electronic banking services to our customers, including commercial and retail online banking, automated bill payment, mobile…View ↗
Do Revenues Turn Into Profits?
Yes. It kept 21 cents of every revenue dollar as net income in FY2025 and turned 23 cents into free cash flow.
How Are They Changing?
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Jun 25, 2026
Ransomware affected parts of River's network
River said some operations were affected while it investigated the incident's scope and worked to restore them.
Sources
8-K, filed Jun 25, 2026
On or about June 16, 2026, an unauthorized threat actor gained access to the network environment of River Financial Corporation, including…View ↗
Growing. Revenue grew 2.8x in 4 years, from $71.8M in FY2021 to $197.6M in FY2025, about 29% a year.
Florida market expansion
The older description places the banking operation across Alabama; the latest adds a Florida Panhandle region and loan production in Destin.
10-K for FY2022, filed Mar 14, 2023 10-K for FY2025, filed Mar 10, 2026We operate our banking business through 22 offices, including the approved for full-servince banking operations location in Birmingham…View ↗
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