Financial Services - Banks - Regional - NASDAQ - US
$ 13.61
0.815 %
$ 150 M
Market Cap
15.47
P/E
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.[ Read More ]
The intrinsic value of one RMBI stock under the base case scenario is HIDDEN Compared to the current market price of 13.6 USD, Richmond Mutual Bancorporation, Inc. is HIDDEN
2. FUNDAMENTAL
ANALYSIS
Price Chart RMBI
FINANCIALS
41.7 M
REVENUE
16.3 M
OPERATING INCOME
9.49 M
NET INCOME
11.8 M
OPERATING CASH FLOW
-123 M
INVESTING CASH FLOW
115 M
FINANCING CASH FLOW
21.6 M
REVENUE
2.84 M
OPERATING INCOME
6.9 B
NET INCOME
7.96 B
OPERATING CASH FLOW
-30.3 B
INVESTING CASH FLOW
21.6 B
FINANCING CASH FLOW
Balance Sheet Decomposition
Richmond Mutual Bancorporation, Inc.
| Current Assets | 26.1 M |
| Cash & Short-Term Investments | 12 M |
| Receivables | 0 |
| Other Current Assets | 14.1 M |
| Non-Current Assets | 1.44 B |
| Long-Term Investments | 25.1 M |
| PP&E | 13.8 M |
| Other Non-Current Assets | 1.4 B |
| Current Liabilities | 0 |
| Accounts Payable | 4.4 M |
| Short-Term Debt | 0 |
| Other Current Liabilities | -4.4 M |
| Non-Current Liabilities | 1.33 B |
| Long-Term Debt | 162 M |
| Other Non-Current Liabilities | 1.16 B |
EFFICIENCY
Earnings Waterfall
Richmond Mutual Bancorporation, Inc.
| Revenue | 41.7 M |
| Cost Of Revenue | 0 |
| Gross Profit | 41.7 M |
| Operating Expenses | 42.1 M |
| Operating Income | 16.3 M |
| Other Expenses | 6.86 M |
| Net Income | 9.49 M |
RATIOS
100.00%
GROSS MARGIN
39.16%
OPERATING MARGIN
22.73%
NET MARGIN
7.03%
ROE
0.65%
ROA
4.75%
ROIC
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Richmond Mutual Bancorporation, Inc.
| Net Income | 9.49 M |
| Depreciation & Amortization | 976 K |
| Capital Expenditures | -619 K |
| Stock-Based Compensation | 2.24 M |
| Change in Working Capital | -1.88 M |
| Others | -3.44 M |
| Free Cash Flow | 11.2 M |
Wall Street Analysts Price Targets
Richmond Mutual Bancorporation, Inc.
RMBI has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
3297.05%
DIVIDEND YIELD
0.14 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
13.7 K USD 1
6-9 MONTHS
10.5 K USD 1
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
6 months ago
May 02, 2024
|
Bought 4.97 K USD
|
Wetzel M. Lynn
Director |
+ 450
|
11.0348 USD |
|
6 months ago
May 01, 2024
|
Bought 8.76 K USD
|
Wetzel M. Lynn
Director |
+ 800
|
10.9494 USD |
|
9 months ago
Feb 07, 2024
|
Bought 10.5 K USD
|
Jackson Jeffrey A.
Director |
+ 1000
|
10.51 USD |
|
1 year ago
Oct 24, 2023
|
Bought 50.5 K USD
|
Hanley Harold T. III
Director |
+ 5202
|
9.7006 USD |
|
1 year ago
Oct 24, 2023
|
Bought 50 K USD
|
Hanley Harold T. III
Director |
+ 5202
|
9.6176 USD |
|
1 year ago
Oct 24, 2023
|
Bought 11.2 K USD
|
Blum E. Michael
Director |
+ 1100
|
10.212 USD |
|
1 year ago
Oct 24, 2023
|
Bought 11.2 K USD
|
Jackson Jeffrey A.
Director |
+ 1140
|
9.8 USD |
|
1 year ago
Oct 24, 2023
|
Bought 10.8 K USD
|
Girten Kathryn
Director |
+ 1100
|
9.86 USD |
|
1 year ago
Oct 24, 2023
|
Bought 78.7 K USD
|
Wetzel M. Lynn
Director |
+ 7850
|
10.022 USD |
|
1 year ago
May 03, 2023
|
Bought 27.3 K USD
|
Jackson Jeffrey A.
Director |
+ 3000
|
9.1062 USD |
|
1 year ago
May 02, 2023
|
Bought 47.7 K USD
|
Girten Kathryn
Director |
+ 4900
|
9.73 USD |
|
1 year ago
Mar 07, 2023
|
Sell 53.3 K USD
|
BENZIGER DONALD A
EVP, Chief Financial Officer |
- 4157
|
12.8205 USD |
|
2 years ago
Jul 28, 2022
|
Bought 14 K USD
|
Blum E. Michael
Director |
+ 1000
|
13.99 USD |
|
2 years ago
Nov 03, 2022
|
Bought 5.33 K USD
|
Jackson Jeffrey A.
Director |
+ 400
|
13.3298 USD |
|
2 years ago
Apr 26, 2022
|
Bought 82.2 K USD
|
Jackson Jeffrey A.
director: |
+ 5000
|
16.4301 USD |
|
2 years ago
Mar 10, 2022
|
Sell 58.8 K USD
|
BENZIGER DONALD A
EVP, Chief Financial Officer |
- 3457
|
17.0174 USD |
|
3 years ago
Sep 02, 2021
|
Bought 155 K USD
|
Hanley Harold T. III
Director |
+ 10000
|
15.48 USD |
|
3 years ago
May 18, 2021
|
Bought 14 K USD
|
Jackson Jeffrey A.
Director |
+ 1000
|
13.99 USD |
|
3 years ago
May 18, 2021
|
Bought 70.2 K USD
|
Jackson Jeffrey A.
Director |
+ 5000
|
14.0373 USD |
|
4 years ago
May 12, 2020
|
Bought 4.38 K USD
|
Wetzel M. Lynn
Director |
+ 390
|
11.2223 USD |
|
4 years ago
May 11, 2020
|
Bought 9.5 K USD
|
Wetzel M. Lynn
Director |
+ 900
|
10.5578 USD |
|
4 years ago
May 08, 2020
|
Bought 16.2 K USD
|
Wetzel M. Lynn
Director |
+ 1500
|
10.7907 USD |
|
4 years ago
May 07, 2020
|
Bought 14.8 K USD
|
Wetzel M. Lynn
Director |
+ 1400
|
10.585 USD |
|
4 years ago
May 06, 2020
|
Bought 8.38 K USD
|
Wetzel M. Lynn
Director |
+ 810
|
10.3449 USD |
|
4 years ago
May 01, 2020
|
Bought 53.4 K USD
|
Jackson Jeffrey A.
Director |
+ 5000
|
10.6793 USD |
|
4 years ago
Apr 30, 2020
|
Bought 27 K USD
|
Hanley Harold T. III
Director |
+ 2500
|
10.81 USD |
|
4 years ago
Mar 02, 2020
|
Bought 67.4 K USD
|
Wetzel M. Lynn
Director |
+ 5000
|
13.48 USD |
|
5 years ago
Nov 18, 2019
|
Bought 105 K USD
|
Hanley Harold T. III
Director |
+ 7500
|
14 USD |
|
5 years ago
Nov 18, 2019
|
Bought 35.1 K USD
|
Hanley Harold T. III
Director |
+ 2500
|
14.03 USD |
|
5 years ago
Nov 06, 2019
|
Bought 139 K USD
|
Hanley Harold T. III
Director |
+ 10000
|
13.9 USD |
|
5 years ago
Jul 08, 2019
|
Bought 27 K USD
|
Wetzel M. Lynn
Director |
+ 2000
|
13.5 USD |
|
5 years ago
Jul 01, 2019
|
Bought 50 K USD
|
Witte Paul J.
SVP Commercial Lending Manager |
+ 5000
|
10 USD |
|
5 years ago
Jul 01, 2019
|
Bought 500 USD
|
Witte Paul J.
SVP Commercial Lending Manager |
+ 50
|
10 USD |
|
5 years ago
Jul 01, 2019
|
Bought 234 K USD
|
Wetzel M. Lynn
Director |
+ 23389
|
10 USD |
|
5 years ago
Jul 01, 2019
|
Bought 300 K USD
|
Weinert Robin S.
SVP Operations/Retail Banking |
+ 30000
|
10 USD |
|
5 years ago
Jul 01, 2019
|
Bought 300 K USD
|
Weinert Dean W.
President, Mutual Federal |
+ 30000
|
10 USD |
|
5 years ago
Jul 01, 2019
|
Bought 87 K USD
|
Stoops Pamela S.
SVP, Retail Lending Manager |
+ 8700
|
10 USD |
|
5 years ago
Jul 01, 2019
|
Bought 13 K USD
|
Stoops Pamela S.
SVP, Retail Lending Manager |
+ 1300
|
10 USD |
|
5 years ago
Jul 01, 2019
|
Bought 150 K USD
|
Stevens W. Ray III
Director |
+ 15000
|
10 USD |
|
5 years ago
Jul 01, 2019
|
Bought 10 K USD
|
Spears Alan M.
Senior Vice President, Trust |
+ 1000
|
10 USD |
|
5 years ago
Jul 01, 2019
|
Bought 300 K USD
|
Mann Lindley S.
Director |
+ 30000
|
10 USD |
|
5 years ago
Jul 01, 2019
|
Bought 100 K USD
|
Mann Lindley S.
Director |
+ 10000
|
10 USD |
|
5 years ago
Jul 01, 2019
|
Bought 300 K USD
|
Kleer Garry D.
President, CEO |
+ 30000
|
10 USD |
|
5 years ago
Jul 01, 2019
|
Bought 250 K USD
|
Jackson Jeffrey A.
Director |
+ 25000
|
10 USD |
|
5 years ago
Jul 01, 2019
|
Bought 5 K USD
|
Hays Cathy J.
SVP, Chief Audit Executive |
+ 500
|
10 USD |
|
5 years ago
Jul 01, 2019
|
Bought 20 K USD
|
Fullerton Albert E. Jr.
SVP, Chief Information Officer |
+ 2000
|
10 USD |
|
5 years ago
Jul 01, 2019
|
Bought 10 K USD
|
Fullerton Albert E. Jr.
SVP, Chief Information Officer |
+ 1000
|
10 USD |
|
5 years ago
Jul 01, 2019
|
Bought 300 K USD
|
Cruz-Uribe Kathryn
Director |
+ 30000
|
10 USD |
|
5 years ago
Jul 01, 2019
|
Bought 50 K USD
|
Brittenham Beth A.
SVP, HR Director |
+ 5000
|
10 USD |
|
5 years ago
Jul 01, 2019
|
Bought 150 K USD
|
Blum E. Michael
Director |
+ 15000
|
10 USD |
|
5 years ago
Jul 01, 2019
|
Bought 1 K USD
|
BENZIGER DONALD A
EVP, Chief Financial Officer |
+ 100
|
10 USD |
7. News
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
- 3 weeks 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
- 2 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
- 3 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
- 3 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
- 3 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
- 6 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
- 6 months ago
RICHMOND MUTUAL BANCORPORATION, INC. ANNOUNCES 2024 FIRST QUARTER FINANCIAL RESULTS
RICHMOND, Ind. , April 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 $2.4 million, or $0.23 diluted earnings per share, for the first quarter of 2024, compared to net income of $1.9 million, or $0.19 diluted earnings per share, for the fourth quarter of 2023, and net income of $2.9 million, or $0.27 diluted earnings per share, for the first quarter of 2023.
prnewswire.com
- 6 months ago
Richmond Mutual Bancorporation: A Great Income Play Due To Its 4.9% Dividend Yield
Richmond Mutual Bancorporation's investment case relies on its above-average dividend yield compared to other regional banks. The bank's growth prospects and business diversification could be improved. Richmond's financial performance was negatively impacted by the regional banking turmoil, but its credit quality remained strong.
seekingalpha.com
- 7 months ago
RICHMOND MUTUAL BANCORPORATION, INC. ANNOUNCES QUARTERLY DIVIDEND
RICHMOND, Ind. , Feb. 21, 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
RICHMOND MUTUAL BANCORPORATION, INC. ANNOUNCES ANNUAL SHAREHOLDERS' MEETING DATE
RICHMOND, Ind. , Feb. 5, 2024 /PRNewswire/ -- Richmond Mutual Bancorporation, Inc. (NASDAQ: RMBI) (the "Company") announced today that the Company's annual meeting of shareholders will be held on Wednesday, May 15, 2024.
prnewswire.com
- 9 months ago
RICHMOND MUTUAL BANCORPORATION, INC. ANNOUNCES 2023 FOURTH QUARTER FINANCIAL RESULTS
RICHMOND, Ind. , Jan. 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 $1.9 million, or $0.19 diluted earnings per share, for the fourth quarter of 2023, compared to net income of $1.9 million, or $0.19 diluted earnings per share, for the third quarter of 2023, and net income of $3.3 million, or $0.31 diluted earnings per share, for the fourth quarter of 2022.
prnewswire.com
- 9 months ago
8. Profile Summary
Richmond Mutual Bancorporation, Inc. RMBI
COUNTRY
US
INDUSTRY
Banks - Regional
MARKET CAP
$ 150 M
Dividend Yield
3297.05%
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
Mr. Bradley M. Glover
SVice President & Chief Financial Officer
Mr. Albert E. Fullerton Jr.
Senior Vice President, Chief Information Officer & Information Security Officer of First Bank Richmond
Lynette K. Lafuse
Senior Vice President of Compliance
Clayton T. Judd
Senior Vice President of Human Resources
Ms. Beth A. Brittenham
Senior Vice President & Corporate Secretary of First Bank Richmond
Mr. Dean W. Weinert
President & Chief Executive Officer of Mutual Federal Savings Bank
Mr. Alan M. Spears
Senior Vice President & Chief Wealth Management Officer
Mr. Garry D. Kleer
Chairman, President & Chief Executive Officer
Ms. Robin S. Weinert
Senior Vice President of Operations & Retail Banking of First Bank Richmond
Mr. Paul J. Witte
President & Chief Operating Officer of First Bank Richmond