White River Bancshares Co (WRIV) AI Stock Analysis

White River Bancshares Co

(Other OTC:WRIV)

Select Model

Rating:73Outperform

Price Target:$36.00▲(6.23% Upside)

Action:upgraded

Date:09/09/26

WRIV earns an above-average score driven by a marked 2025 financial turnaround: net income nearly doubled to $13.8M, ROE climbed to 12.2%, leverage declined, and free cash flow grew 64.8% with strong earnings backing. Supporting this, the stock trades above all major moving averages with positive MACD momentum and an RSI that is firm but not overbought. Valuation reinforces the case, with a modest 10.4x P/E and a 1.55% dividend yield. The score is held back by the bank's history of earnings and cash flow volatility, gross margin compression signaling higher funding costs, and rapid asset growth that raises credit-quality questions on a relatively thin equity base. Earnings call and corporate event data were unavailable and their weights were redistributed across the remaining components.

Positive Factors

Accelerating revenue and margin expansionRevenue has accelerated through 2025, while net margin expanded from about 9.0% to 14.5% and operating margin from 12.0% to 18.7% in 2024–2025. This combination indicates stronger earnings leverage and gives the bank more capacity to reinvest or absorb normal operating pressure.

Negative Factors

Historical earnings and margin volatilityThe earlier profit step-down and subsequent margin normalization show that earnings performance has not been consistently stable across operating conditions. This volatility makes future profitability less predictable and could moderate the durability of the recent margin improvement if conditions become less favorable.

White River Bancshares Co (WRIV) vs. SPDR S&P 500 ETF (SPY)

Market Cap: $165.16M
Dividend Yield: 1.48%
Average Volume (3M): 4,068
Price to Earnings (P/E): 9.7
Beta (1Y): 0.08
Revenue Growth: 16.01%
EPS Growth: 51.34%
Country: US
Employees: 0
Sector: Financial
Sector Strength: 68
Industry: Banks - Regional

White River Bancshares Co Business Overview & Revenue Model

Company Description

White River Bancshares Company operates as the bank holding company for Signature Bank of Arkansas that provides financial services to small businesses, families, and farms. The company offers personal savings, money market, young investors, health s...

White River Bancshares Co Financial Statement Overview

Summary

Blends the Income Statement (72), Balance Sheet (65), and Cash Flow (68) scores. White River Bancshares delivered a clear 2025 inflection: revenue grew 11.9% to $95.7M, net income nearly doubled to $13.8M, net margin expanded to 14.5% from 9.0%, and ROE reached a period-high 12.2%. Leverage improved with debt-to-equity falling to 0.70 from 0.94, while free cash flow rose 64.8% to $17.2M with a healthy 0.89 FCF-to-net-income ratio. Offsetting these strengths are a track record of earnings and cash flow volatility (2023 net margin of just 4.4%), gross margin compression from 88.6% in 2021 to 57.7% in 2025 pointing to rising funding costs, and rapid 18% asset growth against a modest equity base that requires disciplined credit underwriting.

Income Statement

72Positive

Balance Sheet

65Positive

Cash Flow

68Positive

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	95.68M	95.68M	77.08M	58.17M	43.80M	39.36M
Gross Profit	55.25M	55.25M	42.73M	34.76M	37.65M	34.86M
EBITDA	18.38M	19.69M	10.69M	4.50M	8.67M	10.46M
Net Income	13.83M	13.83M	6.93M	2.55M	5.62M	7.05M
Balance Sheet
Total Assets	1.52B	1.52B	1.29B	1.13B	982.75M	851.96M
Cash, Cash Equivalents and Short-Term Investments	46.97M	46.97M	22.15M	17.62M	11.84M	45.92M
Total Debt	78.86M	78.86M	90.64M	87.60M	90.62M	23.06M
Total Liabilities	1.41B	1.41B	1.20B	1.05B	905.28M	771.80M
Stockholders Equity	112.91M	112.91M	96.59M	79.55M	77.47M	80.15M
Cash Flow
Free Cash Flow	15.02M	17.21M	7.21M	2.59M	5.42M	15.88M
Operating Cash Flow	17.10M	19.29M	11.50M	5.39M	11.95M	17.38M
Investing Cash Flow	-206.87M	-209.07M	-149.72M	-141.92M	-181.43M	-87.46M
Financing Cash Flow	214.60M	214.60M	142.75M	142.33M	135.39M	92.99M

White River Bancshares Co Technical Analysis

Technical Analysis SentimentPositive

Last Price33.89

Price Trends

50DMA32.52Positive

100DMA29.82Positive

200DMA28.37Positive

Market Momentum

MACD0.46Negative

RSI62.58Neutral

STOCH86.18Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For WRIV, the sentiment is Positive. The current price of 33.89 is above the 20-day moving average (MA) of 33.04, above the 50-day MA of 32.52, and above the 200-day MA of 28.37, indicating a bullish trend. The MACD of 0.46 indicates Negative momentum. The RSI at 62.58 is Neutral, neither overbought nor oversold. The STOCH value of 86.18 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for WRIV.

White River Bancshares Co Peers Comparison

Overall Rating

UnderperformOutperform

Sector (68)

Financial Indicators

WRIV against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MGYR	78Outperform	$143.96M	11.04	10.23%	1.70%	8.91%	30.08%
WRIV	73Outperform	$165.16M	9.68	14.65%	1.48%	16.01%	51.34%
Sector *	68Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
SFBC	65Neutral	$115.56M	13.27	7.76%	1.82%	0.49%	26.64%
BSBK	57Neutral	$116.51M	42.66	1.34%	―	21.45%	―
SRBK	54Neutral	$134.47M	36.84	2.02%	1.17%	9.63%	37.01%
RVSB	49Neutral	$119.92M	-41.56	-2.02%	1.33%	-10.03%	-162.70%

* Financial Sector Average

Performance Comparison

WRIV and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
WRIV	White River Bancshares Co	33.89	10.45	44.57%
MGYR	Magyar Bancorp	22.30	5.84	35.45%
RVSB	Riverview	6.01	0.79	15.09%
SFBC	Sound Financial Bancorp, Inc.	45.00	2.00	4.66%
BSBK	Bogota Financial Corp.	9.13	0.50	5.79%
SRBK	SR Bancorp, Inc.	18.79	4.16	28.45%

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Sep 09, 2026

White River Bancshares Co AI Stock Analysis