Financial Services -
Banks - Regional - NASDAQ - US
$ 11.23
-0.974 %
$ 125 M
Market Cap
-13.97
P/E
1. INTRINSIC VALUE
Balance Sheet
Rhinebeck Bancorp, Inc.
| Current Assets | 37.5 M |
| Cash & Short-Term Investments | 37.5 M |
| Receivables | 0 |
| Other Current Assets | 0 |
| Non-Current Assets | 1.22 B |
| Long-Term Investments | 0 |
| PP&E | 14.1 M |
| Other Non-Current Assets | 1.2 B |
| Current Liabilities | 28.8 M |
| Accounts Payable | 0 |
| Short-Term Debt | 0 |
| Other Current Liabilities | 28.8 M |
| Non-Current Liabilities | 1.11 B |
| Long-Term Debt | 54.9 M |
| Other Non-Current Liabilities | 1.05 B |
EFFICIENCY
Earnings Waterfall
Rhinebeck Bancorp, Inc.
| Revenue | 25.9 M |
| Cost Of Revenue | 0 |
| Gross Profit | 25.9 M |
| Operating Expenses | 29.2 M |
| Operating Income | -3.29 M |
| Other Expenses | 5.33 M |
| Net Income | -8.62 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Rhinebeck Bancorp, Inc.
| Net Income | -8.62 M |
| Depreciation & Amortization | 1.42 M |
| Capital Expenditures | 0 |
| Stock-Based Compensation | 205 K |
| Change in Working Capital | 0 |
| Others | 18 M |
| Free Cash Flow | 7.68 M |
Wall Street Analysts Price Targets
Rhinebeck Bancorp, Inc.
RBKB has no price targets from Wall Street.
4. DIVIDEND
ANALYSIS
RBKB does not distribute dividends.
5. COMPETITION
6. Ownership
Insider Ownership
Rhinebeck Bancorp, Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
176 K USD 2
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
10 K USD 1
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Rhinebeck Bancorp A Bank Target?
Rhinebeck Bancorp, Inc. has 4.75 million shares, with a potential buyout price of $20-$30 per share, making it an attractive acquisition target. The bank's tangible common equity is $119.4 million, and even with $20 million in expenses, a buyer could gain $5 million. RBKB trades at ~62% of its fully converted tangible book value, with a recent quarterly profit of $0.21 per share and a 10% year-over-year TBV increase.
seekingalpha.com
- 2 weeks ago
Rhinebeck Bancorp, Inc. Reports Results for the Quarter Ended March 31, 2025
POUGHKEEPSIE, NY / ACCESS Newswire / April 24, 2025 / Rhinebeck Bancorp, Inc. (the "Company") (NASDAQ:RBKB), the holding company of Rhinebeck Bank (the "Bank"), reported net income for the three months ended March 31, 2025 of $2.3 million ($0.21 per basic and diluted share), which was $1.2 million, or 104.1%, higher than the comparable prior year period of $1.1 million ($0.10 per basic and diluted share). The increase in net income for the quarter ended March 31, 2025 as compared to the quarter ended March 31, 2024 was primarily due to increases in net interest income and non-interest income, partially offset by increases in the provision for credit losses and non-interest expense.
accessnewswire.com
- 3 weeks ago
Rhinebeck Bancorp, Inc. Reports Results for the Quarter Ended March 31, 2025
POUGHKEEPSIE, NY / ACCESS Newswire / April 24, 2025 / Rhinebeck Bancorp, Inc. (the "Company") (NASDAQ:RBKB), the holding company of Rhinebeck Bank (the "Bank"), reported net income for the three months ended March 31, 2025 of $2.3 million ($0.21 per basic and diluted share), which was $1.2 million, or 104.1%, higher than the comparable prior year period of $1.1 million ($0.10 per basic and diluted share). The increase in net income for the quarter ended March 31, 2025 as compared to the quarter ended March 31, 2024 was primarily due to increases in net interest income and non-interest income, partially offset by increases in the provision for credit losses and non-interest expense.
accessnewswire.com
- 3 weeks ago
Rhinebeck Bank President and CEO Michael J. Quinn to Retire After 40 Years of Service; Board Initiates Leadership Transition
POUGHKEEPSIE, NY / ACCESS Newswire / March 21, 2025 / Rhinebeck Bancorp, Inc. (NASDAQ:RBKB), the holding company for Rhinebeck Bank (the "Bank"), today announced that President and Chief Executive Officer Michael J. Quinn will retire following an extraordinary 40-year career with the Bank, including 20 years as CEO.
accessnewswire.com
- 1 month ago
Rhinebeck Bancorp, Inc. Reports Results for the Quarter and Year Ended December 31, 2024
POUGHKEEPSIE, NY / ACCESS Newswire / January 30, 2025 / Rhinebeck Bancorp, Inc. (the "Company") (NASDAQ:RBKB), the holding company of Rhinebeck Bank (the "Bank"), reported a net loss for the fourth quarter of 2024 of $2.7 million, compared to net income of $930,000 for the fourth quarter of 2023. Diluted loss per share was $0.25 for the fourth quarter of 2024, compared to diluted earnings per share of $0.09 for the same quarter of 2023.
accessnewswire.com
- 3 months ago
Rhinebeck Bancorp, Inc. Completes Further Balance Sheet Restructuring
POUGHKEEPSIE, NY / ACCESSWIRE / December 26, 2024 / Rhinebeck Bancorp, Inc. (NASDAQ:RBKB) (the "Company"), the parent company of Rhinebeck Bank (the "Bank"), announced the sale of a portion of its available-for-sale investment securities portfolio as part of a strategic balance sheet repositioning. In September 2024, the Company announced the sale of $71 million of available-for-sale securities.
accesswire.com
- 4 months ago
Rhinebeck Bancorp, Inc. Reports Results for the Quarter Ended September 30, 2024
POUGHKEEPSIE, NY / ACCESSWIRE / October 24, 2024 / Rhinebeck Bancorp, Inc. (the "Company") (NASDAQ:RBKB), the holding company of Rhinebeck Bank (the "Bank"), reported a net loss for the third quarter of 2024 of $8.1 million, compared to net income of $1.2 million for the third quarter of 2023. Loss per share was $0.75 for the third quarter of 2024, compared to diluted earnings per share of $0.11 for the same quarter of 2023.
accesswire.com
- 6 months ago
Rhinebeck Bancorp, Inc. Completes Balance Sheet Restructuring
POUGHKEEPSIE, NY / ACCESSWIRE / September 27, 2024 / Rhinebeck Bancorp, Inc. (NASDAQ:RBKB) (the "Company"), the parent company of Rhinebeck Bank (the "Bank"), announced the sale of a significant portion of its available-for-sale investment securities portfolio as part of a strategic balance sheet repositioning. In September 2024, the Bank sold $71 million of available-for-sale securities.
accesswire.com
- 7 months ago
Rhinebeck Bancorp, Inc. Reports Results for the Quarter Ended June 30, 2024
POUGHKEEPSIE, NY / ACCESSWIRE / July 25, 2024 / Rhinebeck Bancorp, Inc. (the "Company") (NASDAQ:RBKB), the holding company of Rhinebeck Bank (the "Bank"), reported net income for the three months ended June 30, 2024 of $975,000 ($0.09 per basic and diluted share), which was $456,000, or 31.9% less than the comparable prior year period of $1.4 million ($0.13 per basic and diluted share). Net income for the six months ended June 30, 2024 of $2.1 million ($0.19 per basic and diluted share) was $133,000, or 6.0%, less than the same period last year.
accesswire.com
- 9 months ago
Rhinebeck Bancorp Announces Appointment of Kevin Nihill as Chief Financial Officer
POUGHKEEPSIE, NY / ACCESSWIRE / June 25, 2024 / Rhinebeck Bancorp, Inc. (NASDAQ:RBKB), the holding company of Rhinebeck Bank, announced the appointment of Kevin Nihill as Chief Financial Officer of Rhinebeck Bancorp and Rhinebeck Bank. Nihill replaced former Chief Financial Officer, Michael McDermott, who retired from the Bank after 23 years of service.
accesswire.com
- 10 months ago
Rhinebeck Bancorp, Inc. Reports Results for the Quarter Ended March 31, 2024
POUGHKEEPSIE, NY / ACCESSWIRE / April 25, 2024 / Rhinebeck Bancorp, Inc. (the "Company") (NASDAQ:RBKB), the holding company of Rhinebeck Bank (the "Bank"), reported net income for the three months ended March 31, 2024 of $1.1 million ($0.10 per basic and diluted share), which was $323,000, or 40.5%, higher than the comparable prior year period of $798,000 ($0.07 per basic and diluted share). The increase in net income for the quarter ended March 31, 2024 was primarily due to an increase in non-interest income and decreases in the provision for credit losses and non-interest expenses, partially offset by a decrease in net interest income, as compared to the quarter ended March 31, 2023.
accesswire.com
- 1 year ago
Rhinebeck Bancorp, Inc. Reports Results for the Quarter and Year Ended December 31, 2023
POUGHKEEPSIE, NY / ACCESSWIRE / January 25, 2024 / Rhinebeck Bancorp, Inc. (the "Company") (NASDAQ:RBKB), the holding company of Rhinebeck Bank (the "Bank"), reported net income for the three months ended December 31, 2023 of $930,000 ($0.09 per basic and diluted share), which was $122,000, or 15.1%, higher than the comparable prior year period. Net income for the year ended December 31, 2023 of $4.4 million ($0.41 per basic and $0.40 per diluted share) was $2.6 million, or 37.2%, less than the prior year.
accesswire.com
- 1 year ago
8. Profile
Summary
Rhinebeck Bancorp, Inc. RBKB
COUNTRY
US
INDUSTRY
Banks - Regional
MARKET CAP
$ 125 M
Dividend Yield
0.00%
Description
Rhinebeck Bancorp, Inc. operates as the bank holding company for Rhinebeck Bank that provides banking and financial products and services to consumer and commercial customers in the Hudson Valley region of New York. The company offers deposits; automobile loans; commercial real estate loans, including multi-family real estate loans, commercial construction, and land development loans; commercial business loans; and one-to four-family residential real estate loans. It also provides brokerage and financial services; and life insurance and investment products to individuals and businesses. As of December 31, 2021, the company operated through 15 branches and 2 representative offices in Dutchess, Ulster, Orange, and Albany counties. It also operates ATM located in Tivoli, New York. The company was founded in 1860 and is based in Poughkeepsie, New York. Rhinebeck Bancorp, Inc. operates as a subsidiary of Rhinebeck Bancorp, MHC.
Contact
2 Jefferson Plaza, Poughkeepsie, NY, 12601
https://www.rhinebeckbank.com
IPO
Date
Jan. 17, 2019
Employees
157
Officers
Mr. Kevin Nihill C.F.A.
Chief Financial Officer
Peter Saridakis
Senior Vice President of Marketing
Jeanine Borko
Senior Vice President of Human Resources
Ms. Dawn Scherer
Senior Vice President of Information Technology
Mr. James T. McCardle III
Chief Credit Officer & Senior Vice President
Mr. Phillip Lekanides
Vice President, Controller & Principal Accounting Officer
Mr. Michael J. Quinn
Chief Executive Officer, President & Director
Megan Bourgoin
Vice President, Compliance Officer & Assistant Secretary
Ms. Jamie J. Bloom
Executive Vice President, Chief Operating Officer & Chief Banking Officer
Ms. Karen E. Morgan-D'Amelio Esq.
Chief Risk Officer, General Counsel & Corporate Secretary