Richmond Mutual Bancorporation

NasdaqCM:RMBI Stock Report

Mkt Cap: US$158.7m

Richmond Mutual Bancorporation Management

How experienced are the management team and are they aligned to shareholders interests?

9.5yrs

Average management tenure


CEO

Garry Kleer (66 yo)

20.75yrs

Tenure

US$642,242

Compensation

Mr. Garry D. Kleer serves as Chairman of the Board of First Bank Richmond, Richmond Mutual Bancorporation-Delaware and First Mutual of Richmond-MHC (collectively, the “First Bank Richmond Entities”). He se...


CEO Compensation Analysis

Garry Kleer's Compensation vs Richmond Mutual Bancorporation Earnings
How has Garry Kleer's remuneration changed compared to Richmond Mutual Bancorporation's earnings?
DateTotal Comp.SalaryCompany Earnings
Jun 30 2022n/an/a

US$12m

Mar 31 2022n/an/a

US$12m

Dec 31 2021US$642kUS$443k

US$11m

Sep 30 2021n/an/a

US$11m

Jun 30 2021n/an/a

US$10m

Mar 31 2021n/an/a

US$10m

Dec 31 2020US$2mUS$422k

US$10m

Sep 30 2020n/an/a

-US$7m

Jun 30 2020n/an/a

-US$13m

Mar 31 2020n/an/a

-US$15m

Dec 31 2019US$512kUS$409k

-US$16m

Sep 30 2019n/an/a

-US$72k

Jun 30 2019n/an/a

US$5m

Mar 31 2019n/an/a

US$6m

Dec 31 2018US$474kUS$395k

US$6m

Compensation vs Market: Garry's total compensation ($USD642.24K) is below average for companies of similar size in the US market ($USD1.68M).

Compensation vs Earnings: Garry's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: RMBI's management team is seasoned and experienced (9.5 years average tenure).


Board Members

Experienced Board: RMBI's board of directors are considered experienced (6.8 years average tenure).