Financial Services -
Banks - Regional - NASDAQ - US
$ 13.0
0.386 %
$ 136 M
Market Cap
14.13
P/E
1. INTRINSIC VALUE
Balance Sheet
Richmond Mutual Bancorporation, Inc.
| Current Assets | 21.8 M |
| Cash & Short-Term Investments | 21.8 M |
| Receivables | 152 M |
| Other Current Assets | -152 M |
| Non-Current Assets | 1.48 B |
| Long-Term Investments | 0 |
| PP&E | 12.9 M |
| Other Non-Current Assets | 1.47 B |
| Current Liabilities | 0 |
| Accounts Payable | 0 |
| Short-Term Debt | 0 |
| Other Current Liabilities | 0 |
| Non-Current Liabilities | 1.37 B |
| Long-Term Debt | 265 M |
| Other Non-Current Liabilities | 1.11 B |
EFFICIENCY
Earnings Waterfall
Richmond Mutual Bancorporation, Inc.
| Revenue | 42.9 M |
| Cost Of Revenue | 0 |
| Gross Profit | 42.9 M |
| Operating Expenses | 0 |
| Operating Income | 42.9 M |
| Other Expenses | 33.5 M |
| Net Income | 9.38 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Richmond Mutual Bancorporation, Inc.
| Net Income | 9.38 M |
| Depreciation & Amortization | 0 |
| Capital Expenditures | 0 |
| Stock-Based Compensation | 0 |
| Change in Working Capital | 0 |
| Others | 5.22 M |
| Free Cash Flow | 14.3 M |
Wall Street Analysts Price Targets
Richmond Mutual Bancorporation, Inc.
RMBI has no price targets from Wall Street.
4. DIVIDEND
ANALYSIS
0.96%
DIVIDEND YIELD
0.15 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Richmond Mutual Bancorporation, Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
13.7 K USD 1
9-12 MONTHS
7. News
RICHMOND MUTUAL BANCORPORATION, INC. INCREASES QUARTERLY DIVIDEND 7% TO $0.15 PER SHARE
RICHMOND, Ind. , Feb. 14, 2025 /PRNewswire/ -- Richmond Mutual Bancorporation, Inc. (NASDAQ: RMBI) announced today that its Board of Directors has declared a cash dividend on Richmond Mutual Bancorporation common stock of $0.15 per share, marking an increase of $0.01 per share, or 7%, from the previous quarter.
prnewswire.com
- 2 months ago
RICHMOND MUTUAL BANCORPORATION, INC. ANNOUNCES ANNUAL STOCKHOLDERS' MEETING DATE
RICHMOND, Ind. , Feb. 14, 2025 /PRNewswire/ -- Richmond Mutual Bancorporation, Inc. (NASDAQ: RMBI) (the "Company") announced today that the Company's annual meeting of stockholders will be held on Wednesday, May 21, 2025.
prnewswire.com
- 2 months ago
RICHMOND MUTUAL BANCORPORATION, INC. ANNOUNCES 2024 FOURTH QUARTER FINANCIAL RESULTS
RICHMOND, Ind. , Jan. 23, 2025 /PRNewswire/ -- Richmond Mutual Bancorporation, Inc., a Maryland corporation (the "Company") (NASDAQ: RMBI), parent company of First Bank Richmond (the "Bank"), today announced net income of $2.5 million, or $0.24 diluted earnings per share, for the fourth quarter of 2024, compared to net income of $2.5 million, or $0.24 diluted earnings per share, for the third quarter of 2024, and net income of $1.9 million, or $0.19 diluted earnings per share, for the fourth quarter of 2023.
prnewswire.com
- 3 months ago
Richmond Mutual Bancorporation: Risk-Return Profile Not Attractive For Long-Term Investors
Richmond Mutual Bancorporation's dividend yield has decreased to 3.8% due to a 30% share price increase, making it less attractive to long-term investors. The bank's financial performance has been underwhelming, with low ROE and overvaluation based on its price to book value multiple. Richmond's net interest margin has declined due to rising deposit costs, and its earnings growth is pressured by weak net interest income.
seekingalpha.com
- 4 months ago
RICHMOND MUTUAL BANCORPORATION, INC. ANNOUNCES QUARTERLY DIVIDEND
RICHMOND, Ind. , Nov. 20, 2024 /PRNewswire/ -- Richmond Mutual Bancorporation, Inc. (NASDAQ: RMBI) announced today that its Board of Directors has declared a cash dividend on Richmond Mutual Bancorporation common stock of $0.14 per share.
prnewswire.com
- 5 months ago
RICHMOND MUTUAL BANCORPORATION, INC. ANNOUNCES 2024 THIRD QUARTER FINANCIAL RESULTS
RICHMOND, Ind. , Oct. 24, 2024 /PRNewswire/ -- Richmond Mutual Bancorporation, Inc., a Maryland corporation (the "Company") (NASDAQ: RMBI), parent company of First Bank Richmond (the "Bank"), today announced net income of $2.5 million, or $0.24 diluted earnings per share, for the third quarter of 2024, compared to net income of $2.1 million, or $0.20 diluted earnings per share, for the second quarter of 2024, and net income of $1.9 million, or $0.19 diluted earnings per share, for the third quarter of 2023.
prnewswire.com
- 6 months ago
RICHMOND MUTUAL BANCORPORATION, INC. ANNOUNCES QUARTERLY DIVIDEND
RICHMOND, Ind. , Aug. 20, 2024 /PRNewswire/ -- Richmond Mutual Bancorporation, Inc. (NASDAQ: RMBI) announced today that its Board of Directors has declared a cash dividend on Richmond Mutual Bancorporation common stock of $0.14 per share.
prnewswire.com
- 8 months ago
7 Safe Haven Stocks to Buy as Recession Fears Grip Wall Street
As recessionary fears grip Wall Street, it's a great time to beef up your portfolio with safe haven stocks. That's one takeaway to consider in light of recent activity roiling the stock markets.
investorplace.com
- 8 months ago
Richmond Mutual Bancorporation: Time To Take Profits
Richmond Mutual Bancorporation, Inc. offers a high dividend yield, but deteriorating fundamentals make it a less attractive income pick in the banking sector. Recent financial performance shows declining net interest income, low non-interest income, and increasing operating expenses, leading to lower profitability and questionable dividend sustainability. With weak growth prospects and potential issues with its dividend, Richmond's stock valuation near book value may not be justified, making it a less favorable investment option.
seekingalpha.com
- 8 months ago
RICHMOND MUTUAL BANCORPORATION, INC. ANNOUNCES 2024 SECOND QUARTER FINANCIAL RESULTS
RICHMOND, Ind. , July 25, 2024 /PRNewswire/ -- Richmond Mutual Bancorporation, Inc., a Maryland corporation (the "Company") (NASDAQ: RMBI), parent company of First Bank Richmond (the "Bank"), today announced net income of $2.1 million, or $0.20 diluted earnings per share, for the second quarter of 2024, compared to net income of $2.4 million, or $0.23 diluted earnings per share, for the first quarter of 2024, and net income of $2.7 million, or $0.26 diluted earnings per share, for the second quarter of 2023.
prnewswire.com
- 9 months ago
RICHMOND MUTUAL BANCORPORATION, INC. ANNOUNCES QUARTERLY DIVIDEND
RICHMOND, Ind. , May 16, 2024 /PRNewswire/ -- Richmond Mutual Bancorporation, Inc. (NASDAQ: RMBI) announced today that its Board of Directors has declared a cash dividend on Richmond Mutual Bancorporation common stock of $0.14 per share.
prnewswire.com
- 11 months ago
RICHMOND MUTUAL BANCORPORATION, INC. ANNOUNCES EXTENSION OF STOCK REPURCHASE PROGRAM
RICHMOND, Ind., May 16, 2024 /PRNewswire/ -- Richmond Mutual Bancorporation, Inc. (NASDAQ: RMBI) (the "Company"), the parent company of First Bank Richmond, today announced that its Board of Directors (the "Board") extended the Company's current stock repurchase program, scheduled to expire on June 6, 2024, for an additional year, now set to expire on June 6, 2025.
prnewswire.com
- 11 months ago
8. Profile
Summary
Richmond Mutual Bancorporation, Inc. RMBI
COUNTRY
US
INDUSTRY
Banks - Regional
MARKET CAP
$ 136 M
Dividend Yield
0.96%
Description
Richmond Mutual Bancorporation, Inc. operates as a holding company for First Bank Richmond that provides various banking services. The company accepts various deposits, including savings deposit accounts, money market accounts NOW and demand accounts, and certificates of deposit. It also offers a range of lending products, such as multi-family and commercial real estate loans, commercial and industrial loans, construction and development loans, residential real estate loans, and consumer loans. In addition, the company engages in the lease financing business; and provision of fee-based financial services comprising trust and estate administration, investment management, retirement plan administration, and private banking services. It operates through 12 full service and one limited-service banking offices with seven full-service and one limited-service offices located in Indiana; five offices situated in Ohio; one full-service banking office and four other branch offices are located in Richmond, Indiana; two other offices in Cambridge City, Centerville, Richmond, and Shelbyville, Indiana; two offices in Sidney and Ohio; two offices in Piqua and one office in Troy, Ohio; and a loan production office in Columbus, Ohio. Richmond Mutual Bancorporation, Inc. was founded in 1887 and is headquartered in Richmond, Indiana.
Contact
31 North 9th Street, Richmond, IN, 47374
https://www.firstbankrichmond.com
IPO
Date
July 2, 2019
Employees
173
Officers
Mr. Garry D. Kleer
Chairman, President & Chief Executive Officer
Mr. Bradley M. Glover
SVice President & Chief Financial Officer
Ms. Pamela S. Stoops
Senior Vice President & Retail Lending Manager of First Bank Richmond
Ms. Robin S. Weinert
Senior Vice President of Operations & Retail Banking of First Bank Richmond
Mr. Dean W. Weinert
President & Chief Executive Officer of Mutual Federal Savings Bank
Mr. Paul J. Witte
President & Chief Operating Officer of First Bank Richmond
Lynette K. Lafuse
Senior Vice President of Compliance
Mr. Albert E. Fullerton Jr.
Senior Vice President, Chief Information Officer & Information Security Officer of First Bank Richmond
Mr. Alan M. Spears
Senior Vice President & Chief Wealth Management Officer
Clayton T. Judd
Senior Vice President of Human Resources