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Financial Services - Banks - Regional - NASDAQ - US
$ 13.95
-2.24 %
$ 146 M
Market Cap
15.67
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on May, 7, 2025.

The intrinsic value of one RMBI stock under the worst case scenario is HIDDEN Compared to the current market price of 13.9 USD, Richmond Mutual Bancorporation, Inc. is HIDDEN

This DCF valuation model was last updated on May, 7, 2025.

The intrinsic value of one RMBI stock under the base case scenario is HIDDEN Compared to the current market price of 13.9 USD, Richmond Mutual Bancorporation, Inc. is HIDDEN

This DCF valuation model was last updated on May, 7, 2025.

The intrinsic value of one RMBI stock under the best case scenario is HIDDEN Compared to the current market price of 13.9 USD, Richmond Mutual Bancorporation, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart RMBI

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$15.0$15.0$14.5$14.5$14.0$14.0$13.5$13.5$13.0$13.0$12.5$12.5$12.0$12.0$11.5$11.515 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '2515 Apr15 AprMay '25May '25
FINANCIALS
43.2 M REVENUE
2.77%
42.9 M OPERATING INCOME
290.04%
9.38 M NET INCOME
-1.15%
14.8 M OPERATING CASH FLOW
21.78%
0 INVESTING CASH FLOW
100.00%
36.1 M FINANCING CASH FLOW
-68.57%
22 M REVENUE
102.82%
2.32 M OPERATING INCOME
-60.85%
2.48 M NET INCOME
0.17%
6.79 M OPERATING CASH FLOW
135.68%
-18.1 M INVESTING CASH FLOW
-166.53%
14.4 M FINANCING CASH FLOW
208.90%
Balance Sheet Richmond Mutual Bancorporation, Inc.
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Current Assets 21.8 M
Cash & Short-Term Investments 21.8 M
Receivables 0
Other Current Assets 0
Non-Current Assets 1.48 B
Long-Term Investments 0
PP&E 12.9 M
Other Non-Current Assets 1.47 B
97.70 %Total Assets$1.5b
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
19.31 %80.69 %Total Liabilities$1.4b
EFFICIENCY
Earnings Waterfall Richmond Mutual Bancorporation, Inc.
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Revenue 43.2 M
Cost Of Revenue 0
Gross Profit 43.2 M
Operating Expenses 320 K
Operating Income 42.9 M
Other Expenses 33.5 M
Net Income 9.38 M
45m45m40m40m35m35m30m30m25m25m20m20m15m15m10m10m5m5m0043m043m(320k)43m(34m)9mRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
100.00% GROSS MARGIN
100.00%
99.26% OPERATING MARGIN
99.26%
21.69% NET MARGIN
21.69%
7.06% ROE
7.06%
0.62% ROA
0.62%
2.46% ROIC
2.46%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Richmond Mutual Bancorporation, Inc.
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20m20m15m15m10m10m5m5m00(5m)(5m)(10m)(10m)(15m)(15m)2018201820192019202020202021202120222022202320232024202420252025
Net Income 9.38 M
Depreciation & Amortization 0
Capital Expenditures -460 K
Stock-Based Compensation 0
Change in Working Capital 0
Others 6.82 M
Free Cash Flow 14.3 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Richmond Mutual Bancorporation, Inc.
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RMBI has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
1.17% DIVIDEND YIELD
0.15 USD DIVIDEND PER SHARE
Q1
Q2
Q3
Q4
0.800.800.700.700.600.600.500.500.400.400.300.300.200.200.100.100.000.000.070.10.140.140.150.050.50.070.10.140.140.050.070.10.140.140.050.220.070.740.10.410.140.520.140.570.14202020202021202120222022202320232024202420252025
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5. COMPETITION
slide 2 of 12
6. Ownership
Insider Ownership Richmond Mutual Bancorporation, Inc.
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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
0 USD 0
9-12 MONTHS
7. News
RICHMOND MUTUAL BANCORPORATION, INC. ANNOUNCES 2025 FIRST QUARTER FINANCIAL RESULTS RICHMOND, Ind., April 24, 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 $2.0 million, or $0.20 diluted earnings per share, for the first quarter of 2025, compared to net income of $2.5 million, or $0.24 diluted earnings per share, for the fourth quarter of 2024, and net income of $2.4 million, or $0.23 diluted earnings per share, for the first quarter of 2024. prnewswire.com - 3 weeks ago
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 - 3 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 - 3 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 - 5 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 - 9 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 - 9 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 - 1 year ago
8. Profile Summary

Richmond Mutual Bancorporation, Inc. RMBI

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COUNTRY US
INDUSTRY Banks - Regional
MARKET CAP $ 146 M
Dividend Yield 1.17%
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 171
Officers Lynette K. Lafuse Senior Vice President of Compliance Ms. Pamela S. Stoops Senior Vice President & Retail Lending Manager of First Bank Richmond Mr. Alan M. Spears Senior Vice President & Chief Wealth Management Officer Clayton T. Judd Senior Vice President of Human Resources Mr. Albert E. Fullerton Jr. Senior Vice President, Chief Information Officer & Information Security Officer of First Bank Richmond Mr. Garry D. Kleer Chairman, President & Chief Executive Officer Mr. Paul J. Witte President & Chief Operating Officer of First Bank Richmond Mr. Dean W. Weinert President & Chief Executive Officer of Mutual Federal Savings Bank Mr. Bradley M. Glover SVice President & Chief Financial Officer Ms. Robin S. Weinert Senior Vice President of Operations & Retail Banking of First Bank Richmond