How have RMBI shares performed in 2023?

Richmond Mutual Bancorporation's stock was trading at $13.01 on January 1st, 2023. Since then, RMBI stock has decreased by 12.4% and is now trading at $11.40. View the best growth stocks for 2023 here .

When is Richmond Mutual Bancorporation's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, January 25th 2024. View our RMBI earnings forecast .

How were Richmond Mutual Bancorporation's earnings last quarter?

Richmond Mutual Bancorporation, Inc. (NASDAQ:RMBI) issued its quarterly earnings data on Thursday, October, 19th. The company reported $0.19 earnings per share (EPS) for the quarter. The firm had revenue of $10.29 million for the quarter. Richmond Mutual Bancorporation had a trailing twelve-month return on equity of 8.37% and a net margin of 15.97%.

How often does Richmond Mutual Bancorporation pay dividends? What is the dividend yield for Richmond Mutual Bancorporation?

Richmond Mutual Bancorporation announced a quarterly dividend on Friday, November 17th. Stockholders of record on Thursday, November 30th will be given a dividend of $0.14 per share on Thursday, December 14th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 4.91%. The ex-dividend date is Wednesday, November 29th. Read our dividend analysis for RMBI .

Is Richmond Mutual Bancorporation a good dividend stock?

Richmond Mutual Bancorporation (NASDAQ:RMBI) pays an annual dividend of $0.56 per share and currently has a dividend yield of 4.91%. RMBI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 54.37%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for RMBI .

What other stocks do shareholders of Richmond Mutual Bancorporation own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Richmond Mutual Bancorporation investors own include Kearny Financial (KRNY) , International Paper (IP) , Altria Group (MO) , AT&T (T) , AbbVie (ABBV) , Algonquin Power & Utilities (AQN) , BCE (BCE) , Blackrock Resources & Commodities Strategy Trust (BCX) , Franklin Resources (BEN) and BlackRock Enhanced International Dividend Trust (BGY) .

Who are Richmond Mutual Bancorporation's major shareholders?

Richmond Mutual Bancorporation's stock is owned by many different institutional and retail investors. Top institutional investors include Keeley Teton Advisors LLC (0.99%), Stifel Financial Corp (0.32%), Barclays PLC (0.10%) and Allworth Financial LP (0.03%). Insiders that own company stock include Donald A Benziger, Harold T Hanley III , Jeffrey A Jackson and Kathryn Girten. View institutional ownership trends .

How do I buy shares of Richmond Mutual Bancorporation?

Shares of RMBI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

Positive News SentimentPositive News

Richmond Mutual Bancorporation Stock Price, News & Analysis (NASDAQ:RMBI)

$11.40

0.00 (0.00%)

(As of 12/1/2023 ET)

Compare

Today's Range: $11.19
▼
$11.40
50-Day Range: $9.49
▼
$11.40
52-Week Range: $8.61
▼
$14.25

Volume: 10,907 shs
Average Volume: 10,275 shs
Market Capitalization: $128.14 million

P/E Ratio: 11.07
Dividend Yield: 4.91%
Price Target: N/A

Richmond Mutual Bancorporation MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.16% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Acquiring Shares
$50,459 Bought Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.49 out of 5 stars

Finance Sector

225th out of 874 stocks

State Commercial Banks Industry

47th out of 183 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Richmond Mutual Bancorporation.

5.0

Short Interest

Percentage of Shares Shorted
0.16% of the float of Richmond Mutual Bancorporation has been sold short.
Short Interest Ratio / Days to Cover
Richmond Mutual Bancorporation has a short interest ratio ("days to cover") of 1.3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Richmond Mutual Bancorporation has recently decreased by 7.10%, indicating that investor sentiment is improving significantly.

2.5

Dividend Strength

Dividend Leadership
Richmond Mutual Bancorporation is a leading dividend payer. It pays a dividend yield of 4.91%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Richmond Mutual Bancorporation has only been increasing its dividend for 3 years.
Dividend Coverage
The dividend payout ratio of Richmond Mutual Bancorporation is 54.37%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for RMBI.

3.3

News and Social Media Coverage

News Sentiment
Richmond Mutual Bancorporation has a news sentiment score of 1.89. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.65 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Richmond Mutual Bancorporation this week, compared to 0 articles on an average week.
MarketBeat Follows
Only 1 people have added Richmond Mutual Bancorporation to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Richmond Mutual Bancorporation insiders have bought more of their company's stock than they have sold. Specifically, they have bought $50,459.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 5.90% of the stock of Richmond Mutual Bancorporation is held by insiders.
Percentage Held by Institutions
Only 15.08% of the stock of Richmond Mutual Bancorporation is held by institutions.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Richmond Mutual Bancorporation is 11.07, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 108.19.
Price to Earnings Ratio vs. Sector
The P/E ratio of Richmond Mutual Bancorporation is 11.07, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 30.76.
Price to Book Value per Share Ratio
Richmond Mutual Bancorporation has a P/B Ratio of 1.08. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Richmond Mutual Bancorporation Stock (NASDAQ:RMBI)

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.

RMBI Stock Price History

30 days | 90 days | 365 days | Advanced Chart

RMBI Stock News Headlines

November 17, 2023 | msn.com

Richmond Mutual declares $0.14 dividend

November 16, 2023 | seekingalpha.com

Company Calendar

Ex-Dividend for 9/14 Dividend: 8/30/2023
Dividend Payable: 9/14/2023
Last Earnings: 10/19/2023
Ex-Dividend for 12/14 Dividend: 11/29/2023
Today: 12/02/2023
Dividend Payable: 12/14/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 1/25/2024

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: State commercial banks
Sub-Industry: N/A
Sector: Finance
Current Symbol: NASDAQ:RMBI
CUSIP: N/A
CIK: 1767837
Web: www.firstbankrichmond.com
Phone: (765) 962-2581
Fax: N/A
Employees: 176
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $1.03
Trailing P/E Ratio: 11.07
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $12.97 million
Net Margins: 15.97%
Pretax Margin: 18.83%
Return on Equity: 8.37%
Return on Assets: 0.79%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 0.84
Quick Ratio: 0.84

Sales & Book Value

Annual Sales: $56.72 million
Price / Sales: 2.26
Cash Flow: $1.34 per share
Price / Cash Flow: 8.51
Book Value: $10.55 per share
Price / Book: 1.08

Miscellaneous

Outstanding Shares: 11,240,000
Free Float: 10,582,000
Market Cap: $128.14 million
Optionable: Not Optionable
Beta: 0.64

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Key Executives

Mr. Garry D. Kleer (Age 67)
Chairman, President & CEO
Comp: $673.84k
Mr. Donald A. Benziger (Age 70)
Executive VP & CFO (Leave of Absence)
Comp: $315.51k
Mr. Dean W. Weinert (Age 70)
President & CEO of Mutual Federal Savings Bank
Comp: $293.34k
Mr. Bradley M. Glover
VP, Controller & Acting CFO and Principal Financial Officer
Ms. Beth A. Brittenham (Age 68)
Senior VP & Corporate Secretary of First Bank Richmond
Mr. Albert E. Fullerton Jr. (Age 59)
Senior VP, Chief Information Officer & Information Security Officer of First Bank Richmond
Ms. Cathy J. Hays (Age 66)
Senior VP, Chief Audit Executive & Training Director of First Bank Richmond
Mr. Alan M. Spears (Age 65)
Senior VP & Trust Officer of First Bank Richmond
Ms. Robin S. Weinert (Age 59)
Senior Vice President of Operations & Retail Banking of First Bank Richmond
Ms. Pamela S. Stoops (Age 55)
Senior VP & Retail Lending Manager of First Bank Richmond

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

RMBI Stock Analysis - Frequently Asked Questions

How have RMBI shares performed in 2023?: Richmond Mutual Bancorporation's stock was trading at $13.01 on January 1st, 2023. Since then, RMBI stock has decreased by 12.4% and is now trading at $11.40.
View the best growth stocks for 2023 here.
When is Richmond Mutual Bancorporation's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, January 25th 2024.
View our RMBI earnings forecast.
How were Richmond Mutual Bancorporation's earnings last quarter?: Richmond Mutual Bancorporation, Inc. (NASDAQ:RMBI) issued its quarterly earnings data on Thursday, October, 19th. The company reported $0.19 earnings per share (EPS) for the quarter. The firm had revenue of $10.29 million for the quarter. Richmond Mutual Bancorporation had a trailing twelve-month return on equity of 8.37% and a net margin of 15.97%.
How often does Richmond Mutual Bancorporation pay dividends? What is the dividend yield for Richmond Mutual Bancorporation?: Richmond Mutual Bancorporation announced a quarterly dividend on Friday, November 17th. Stockholders of record on Thursday, November 30th will be given a dividend of $0.14 per share on Thursday, December 14th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 4.91%. The ex-dividend date is Wednesday, November 29th.
Read our dividend analysis for RMBI.

Is Richmond Mutual Bancorporation a good dividend stock?: Richmond Mutual Bancorporation (NASDAQ:RMBI) pays an annual dividend of $0.56 per share and currently has a dividend yield of 4.91%. RMBI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 54.37%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for RMBI.
What other stocks do shareholders of Richmond Mutual Bancorporation own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Richmond Mutual Bancorporation investors own include Kearny Financial (KRNY), International Paper (IP), Altria Group (MO), AT&T (T), AbbVie (ABBV), Algonquin Power & Utilities (AQN), BCE (BCE), Blackrock Resources & Commodities Strategy Trust (BCX), Franklin Resources (BEN) and BlackRock Enhanced International Dividend Trust (BGY).
Who are Richmond Mutual Bancorporation's major shareholders?: Richmond Mutual Bancorporation's stock is owned by many different institutional and retail investors. Top institutional investors include Keeley Teton Advisors LLC (0.99%), Stifel Financial Corp (0.32%), Barclays PLC (0.10%) and Allworth Financial LP (0.03%). Insiders that own company stock include Donald A Benziger, Harold T Hanley III, Jeffrey A Jackson and Kathryn Girten.
View institutional ownership trends.
How do I buy shares of Richmond Mutual Bancorporation?: Shares of RMBI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:RMBI) was last updated on 12/3/2023 by MarketBeat.com Staff

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