RMBI - Richmond Mutual Bancorporation Inc Stock Price, Fair Value and News

11.80USD+0.30 (+2.61%)Market Closed

Market Summary

USD11.80+0.30

Market Closed

2.61%

RMBI Stock Price

View Fullscreen

RMBI RSI Chart

RMBI Valuation

Market Cap

130.6M

Price/Earnings (Trailing)

14.59

Price/Sales (Trailing)

1.82

Price/Free Cashflow

13.01

RMBI Price/Sales (Trailing)

RMBI Profitability

Return on Equity

6.76%

Return on Assets

0.6%

Free Cashflow Yield

7.69%

RMBI Fundamentals

RMBI Revenue

Revenue (TTM)

71.7M

Rev. Growth (Yr)

28.42%

Rev. Growth (Qtr)

RMBI Earnings

Earnings (TTM)

9.0M

Earnings Growth (Yr)

-18.43%

Earnings Growth (Qtr)

21.99%

Breaking Down RMBI Revenue

Last 7 days

4.4%

Last 30 days

0.7%

Last 90 days

4.0%

Trailing 12 Months

19.0%

How does RMBI drawdown profile look like?

RMBI Financial Health

RMBI Investor Care

Dividend Yield

4.75%

Dividend/Share (TTM)

0.56

Buy Backs (1Y)

4.15%

Diluted EPS (TTM)

0.87

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	71.7M	0	0	0
2023	55.1M	58.9M	63.1M	67.4M
2022	47.0M	48.3M	49.6M	51.9M
2021	43.2M	43.8M	45.0M	45.9M
2020	42.3M	42.4M	42.3M	42.8M
2019	36.8M	38.6M	40.4M	41.6M
2018	0	0	0	35.2M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Richmond Mutual Bancorporation Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 02, 2024	wetzel m. lynn	bought	4,965	11.0348	450	-
May 01, 2024	wetzel m. lynn	bought	8,759	10.9494	800	-
Feb 07, 2024	jackson jeffrey a.	bought	10,510	10.51	1,000	-
Oct 24, 2023	jackson jeffrey a.	bought	11,172	9.8	1,140	-
Oct 24, 2023	blum e. michael	bought	11,233	10.212	1,100	-
Oct 24, 2023	hanley harold t. iii	bought	50,030	9.6176	5,202	-
Oct 24, 2023	girten kathryn	bought	10,846	9.86	1,100	-
Oct 24, 2023	hanley harold t. iii	bought	50,462	9.7006	5,202	-
Oct 24, 2023	wetzel m. lynn	bought	78,672	10.022	7,850	-
May 03, 2023	jackson jeffrey a.	bought	27,318	9.1062	3,000	-

Which funds bought or sold RMBI recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	JANE STREET GROUP, LLC	new	-	187,161	187,161	-%
May 15, 2024	Royal Bank of Canada	reduced	-85.47	-3,000	-	-%
May 15, 2024	GOLDMAN SACHS GROUP INC	added	10.28	18,924	308,113	-%
May 15, 2024	BRIDGEWAY CAPITAL MANAGEMENT, LLC	unchanged	-	-9,750	278,000	0.01%
May 15, 2024	NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO	unchanged	-	-1,155	32,949	-%
May 15, 2024	Tower Research Capital LLC (TRC)	reduced	-97.62	-11,796	278	-%
May 15, 2024	BARCLAYS PLC	reduced	-7.33	-12,000	103,000	-%
May 15, 2024	BANK OF AMERICA CORP /DE/	reduced	-65.01	-10,454	5,338	-%
May 15, 2024	MORGAN STANLEY	added	5.93	2,562	112,046	-%
May 15, 2024	STATE STREET CORP	reduced	-4.99	-35,972	402,133	-%

Are Funds Buying or Selling RMBI?

Are funds buying RMBI calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own RMBI

No. of Funds

Unveiling Richmond Mutual Bancorporation Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	alliancebernstein l.p.	7.2%	804,512	SC 13G/A
Feb 07, 2024	richmond mutual bancorporation, inc.	9.6%	1,073,452	SC 13G/A
Feb 14, 2023	alliancebernstein l.p.	5.5%	646,477	SC 13G
Feb 07, 2023	richmond mutual bancorporation, inc.	9.1%	1,077,109	SC 13G/A
Jul 12, 2021	blackrock inc.	0.3%	39,049	SC 13G/A
Feb 04, 2021	richmond mutual bancorporation, inc.	8.2%	1,082,002	SC 13G/A
Feb 02, 2021	blackrock inc.	5.1%	682,677	SC 13G
Feb 10, 2020	blackrock inc.	4.9%	667,881	SC 13G/A
Feb 07, 2020	blackrock inc.	5.1%	694,483	SC 13G
Feb 07, 2020	richmond mutual bancorporation, inc.	8.0%	1,082,130	SC 13G

Recent SEC filings of Richmond Mutual Bancorporation Inc

View All Filings

Date Filed	Form Type	Document
May 16, 2024	8-K	Current Report
May 16, 2024	8-K	Current Report
May 14, 2024	10-Q	Quarterly Report
May 07, 2024	4	Insider Trading
Apr 25, 2024	8-K	Current Report
Apr 11, 2024	DEF 14A	DEF 14A
Apr 11, 2024	ARS	ARS
Mar 29, 2024	10-K	Annual Report
Mar 26, 2024	8-K	Current Report
Feb 21, 2024	8-K	Current Report

Peers (Alternatives to Richmond Mutual Bancorporation Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
JPM	588.1B	174.7B	13.73%	46.82%	11.68	3.37	53.11%	19.83%
BAC	307.4B	137.9B	11.58%	38.08%	12.28	2.23	56.12%	-12.56%
WFC	213.0B	85.8B	6.86%	51.95%	11.35	2.48	35.02%	26.14%
C	122.2B	125.0B	10.16%	38.13%	15.29	0.98	37.85%	-
CFG	16.9B	10.4B	12.51%	41.04%	11.81	1.62	26.22%	-33.87%
KEY	14.5B	8.1B	6.72%	53.23%	16.61	1.78	32.15%	-50.93%
MID-CAP
CMA	7.3B	4.2B	10.08%	41.38%	10.46	1.71	34.68%	-45.96%
ZION	6.6B	4.1B	14.23%	65.05%	10.55	1.63	32.93%	-30.73%
ABCB	3.5B	1.3B	13.35%	57.95%	12.32	2.65	30.60%	-12.99%
ASB	3.4B	2.0B	11.57%	43.03%	20.88	1.65	47.11%	-59.32%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
AROW	417.1M	173.1M	15.06%	27.00%	14.3	2.41	26.54%	-34.86%
ALRS	390.4M	152.4M	-0.90%	32.84%	39.27	2.56	16.94%	-73.84%
ACNB	295.5M	98.7M	10.19%	20.01%	10.04	2.99	6.27%	-22.90%
ASRV	48.0M	62.5M	8.95%	-1.75%	-16.24	0.77	18.83%	-145.18%

Richmond Mutual Bancorporation Inc News

Latest updates

Richmond Mutual Bancorporation Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	5.0%	20.00	19.00	17.00	16.00	15.00	14.00	13.00	12.00	12.00	12.00	12.00	11.00	11.00	11.00	11.00	10.00	10.00	11.00	11.00	10.00	10.00
Interest Expenses	5.4%	10.00	9.00	9.00	9.00	10.00	11.00	11.00	11.00	10.00	10.00	10.00	9.00	9.00	9.00	8.00	8.00	8.00	8.00	8.00	7.00	7.00
Income Taxes	49.8%	0.00	0.00	0.00	0.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	-4.67	-0.90	-0.04	0.00
Net Income	22.0%	2.00	2.00	2.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	2.00	-12.54	-3.25	0.00	1.00
Net Income Margin	-11.3%	0.12*	0.14*	0.17*	0.20*	0.23*	0.25*	0.25*	0.25*	0.25*	0.24*	0.24*	0.24*	0.23*	0.23*	-	-	-	-	-	-	-
Free Cashflow	-43.1%	2.00	4.00	2.00	3.00	4.00	3.00	5.00	6.00	4.00	-13.36	6.00	-0.06	-2.56	9.00	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	1.8%	1,488	1,461	1,423	1,409	1,362	1,328	1,279	1,272	1,256	1,268	1,231	1,188	1,141	1,084	1,055	1,140	1,008	986	956	1,083	883
Cash Equivalents	0.2%	20.00	20.00	21.00	17.00	17.00	16.00	19.00	14.00	20.00	23.00	20.00	17.00	66.00	49.00	17.00	111	27.00	41.00	41.00	202	31.00
Net PPE	-0.7%	13.00	13.00	13.00	14.00	13.00	14.00	14.00	14.00	14.00	14.00	14.00	14.00	15.00	15.00	15.00	14.00	14.00	14.00	14.00	14.00	14.00
Liabilities	2.2%	1,355	1,326	1,304	1,278	1,226	1,196	1,154	1,133	1,099	1,087	1,052	1,006	951	891	863	944	814	798	756	992	794
Shareholder's Equity	-1.8%	132	135	119	131	136	132	125	139	157	180	179	183	190	193	192	196	193	188	200	91.00	89.00
Additional Paid-In Capital	-0.7%	101	101	102	103	105	106	106	106	113	114	115	118	123	124	126	133	133	133	133	13.00	13.00
Shares Outstanding	-0.8%	11.00	11.00	11.00	11.00	12.00	12.00	12.00	12.00	12.00	12.00	12.00	13.00	13.00	13.00	-	-	-	-	-	-	-
Float	-	-	-	-	120	-	-	-	158	-	-	-	181	-	-	-	149	-	-	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-42.9%	2,162	3,789	1,926	2,811	3,588	3,565	4,616	6,099	3,881	-12,977	5,827	-59.38	-2,435	9,005	114	2,685	4,770	3,178	2,401	2,856	1,662
Share Based Compensation	-63.6%	367	1,010	-153	-140	379	971	-187	-207	379	1,045	-207	-190	508	958	-151	-142	-	-	121	-	-
Cashflow From Investing	-37.8%	-30,218	-21,928	-21,988	-50,760	-27,853	-45,252	-18,342	-36,448	-16,081	-36,180	-42,640	-91,273	-42,095	2,221	-6,790	-50,691	-33,995	-26,287	-35,391	-28,863	-16,225
Cashflow From Financing	58.5%	28,106	17,728	23,251	48,024	25,734	38,258	18,659	25,192	8,738	52,359	39,564	42,897	61,286	20,844	-87,232	131,157	16,085	22,330	-128,052	197,485	30,536
Dividend Payments	-0.7%	1,437	1,447	1,471	1,484	1,520	1,084	1,086	1,099	1,138	799	802	6,830	847	611	605	623	-	-	-	-	-
Buy Backs	9.8%	1,072	976	1,692	2,431	1,151	238	647	7,475	1,499	734	4,006	5,235	1,939	-	6,616	-	-	-	-	-	-

Get Full Access to Grufity – and Unlimited Downloads

Gain full access to fair value, watchlists, stock screener, unlimited page visits, and additional features by joining as a member today for just $1.99.

Try For Just $1.99

RMBI Income Statement

2024-03-31

Condensed Consolidated Statements of Income - USD ($)	3 Months Ended
Condensed Consolidated Statements of Income - USD ($)	Mar. 31, 2024	Mar. 31, 2023
Interest Income
Loans and leases	$ 17,250,722	$ 13,193,173
Investment securities	2,120,223	1,934,072
Other	139,248	65,553
Total interest income	19,510,193	15,192,798
Interest Expense
Deposits	7,065,764	4,026,675
Borrowings	2,611,648	1,295,313
Total interest expense	9,677,412	5,321,988
Net Interest Income	9,832,781	9,870,810
Provision for credit losses	183,134	170,106
Net Interest Income After Provision for Credit Losses	9,649,647	9,700,704
Non-interest Income
Service charges on deposit accounts	272,931	280,995
Card fee income	290,186	287,258
Loan and lease servicing fees, including mortgage servicing right impairment	127,242	120,072
Net gains on loan and lease sales	119,317	155,563
Other income	319,259	252,836
Total non-interest income	1,128,935	1,096,724
Non-interest Expenses
Salaries and employee benefits	4,573,707	4,242,028
Net occupancy expenses	344,354	350,822
Equipment expenses	236,216	331,323
Data processing fees	906,791	836,513
Deposit insurance expense	403,000	168,000
Printing and office supplies	34,676	36,271
Legal and professional fees	432,553	310,976
Advertising expense	88,723	88,191
Bank service charges	60,706	48,619
Real estate owned expense	1,326	0
Other expenses	975,454	948,445
Total non-interest expenses	8,057,506	7,361,188
Income Before Income Tax Expense	2,721,076	3,436,240
Provision for income taxes	352,160	532,194
Net Income	$ 2,368,916	$ 2,904,046
Earnings Per Share
Basic (in USD per share)	$ 0.23	$ 0.27
Diluted (in USD per share)	$ 0.23	$ 0.27

RMBI Balance Sheet

2024-03-31

Condensed Consolidated Balance Sheets - USD ($)	Mar. 31, 2024	Dec. 31, 2023
Assets
Cash and due from banks	$ 8,441,313	$ 8,578,489
Interest-earning demand deposits	11,848,901	11,661,636
Cash and cash equivalents	20,290,214	20,240,125
Investment securities - available for sale	276,347,393	282,688,326
Investment securities - held to maturity	4,658,475	4,949,530
Loans held for sale	85,000	793,500
Loans and leases, net of allowance for credit losses of $15,825,126 and $15,663,153, respectively	1,123,194,329	1,090,073,198
Premises and equipment, net	13,212,493	13,311,892
Federal Home Loan Bank stock	13,907,100	12,647,100
Interest receivable	5,988,336	5,843,705
Mortgage-servicing rights	1,945,994	1,945,367
Cash surrender value of life insurance	3,787,292	3,764,929
Other assets	24,254,717	24,766,129
Total assets	1,487,671,343	1,461,023,801
Liabilities
Noninterest-bearing deposits	108,805,348	114,376,777
Interest-bearing deposits	960,837,124	926,763,134
Total deposits	1,069,642,472	1,041,139,911
Federal Home Loan Bank advances	273,000,000	271,000,000
Advances by borrowers for taxes and insurance	701,791	588,371
Interest payable	3,864,170	4,396,952
Other liabilities	8,072,193	9,038,991
Total liabilities	1,355,280,626	1,326,164,225
Commitments and Contingent Liabilities	0	0
Stockholders' Equity
Common stock	111,159	112,085
Additional paid-in capital	100,613,827	101,347,566
Retained earnings	88,834,364	87,902,747
Unearned employee stock ownership plan (ESOP)	(11,273,897)	(11,457,726)
Accumulated other comprehensive loss	(45,894,736)	(43,045,096)
Total stockholders' equity	132,390,717	134,859,576
Total liabilities and stockholders' equity	$ 1,487,671,343	$ 1,461,023,801

About Richmond Mutual Bancorporation Inc

Richmond Mutual Bancorporation, Inc. operates as a holding company for First Bank Richmond that provides various banking services. It accepts various deposits, including savings deposit accounts, money market accounts, NOW and demand accounts, and certificates of deposit. The company 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, it 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. The company was founded in 1887 and is headquartered in Richmond, Indiana.

CEO	Mr. Garry D. Kleer
WEBSITE	firstbankrichmond.com
INDUSTRY	Banks Diversified
EMPLOYEES	183

Richmond Mutual Bancorporation Inc Frequently Asked Questions

What is the ticker symbol for Richmond Mutual Bancorporation Inc? What does RMBI stand for in stocks?

RMBI is the stock ticker symbol of Richmond Mutual Bancorporation Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Richmond Mutual Bancorporation Inc (RMBI)?

As of Fri May 17 2024, market cap of Richmond Mutual Bancorporation Inc is 130.57 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of RMBI stock?

You can check RMBI's fair value in chart for subscribers.

What is the fair value of RMBI stock?

You can check RMBI's fair value in chart for subscribers. The fair value of Richmond Mutual Bancorporation Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Richmond Mutual Bancorporation Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for RMBI so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Richmond Mutual Bancorporation Inc a good stock to buy?

The fair value guage provides a quick view whether RMBI is over valued or under valued. Whether Richmond Mutual Bancorporation Inc is cheap or expensive depends on the assumptions which impact Richmond Mutual Bancorporation Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for RMBI.

What is Richmond Mutual Bancorporation Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, RMBI's PE ratio (Price to Earnings) is 14.59 and Price to Sales (PS) ratio is 1.82. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. RMBI PE ratio will change depending on the future growth rate expectations of investors.