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RMBI

Richmond Mutual Bancorporation NasdaqCM:RMBI Stock Report

Last Price

US$14.35

Market Cap

US$170.0m

7D

2.4%

1Y

-9.4%

Updated

10 Aug, 2022

Data

Company Financials
RMBI fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance4/6
Financial Health6/6
Dividends2/6

RMBI Stock Overview

Richmond Mutual Bancorporation, Inc. operates as a holding company for First Bank Richmond that provides various banking services.

Richmond Mutual Bancorporation, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Richmond Mutual Bancorporation
Historical stock prices
Current Share PriceUS$14.35
52 Week HighUS$18.16
52 Week LowUS$13.01
Beta0.76
1 Month Change3.99%
3 Month Change-4.40%
1 Year Change-9.41%
3 Year Change8.30%
5 Year Changen/a
Change since IPO5.13%

Recent News & Updates

Jul 22

Richmond Mutual GAAP EPS of $0.31, revenue of $11.73M

Richmond Mutual press release (NASDAQ:RMBI): Q2 GAAP EPS of $0.31. Revenue of $11.73M (+8.3% Y/Y). The allowance for loan and lease losses totaled $12.4 million, or 1.37% of total loans and leases outstanding, at June 30, 2022, compared to $12.3 million, or 1.43% of total loans and leases outstanding, at March 31, 2022. The provision for loan and lease losses totaled $200,000 in the quarters ended June 30 and March 31, 2022, and totaled $530,000 in the second quarter of 2021. The Bank's Tier 1 capital to total assets was 12.74% and the Bank's capital was well in excess of all regulatory requirements at June 30, 2022.

Shareholder Returns

RMBIUS BanksUS Market
7D2.4%3.0%1.2%
1Y-9.4%-14.5%-11.6%

Return vs Industry: RMBI exceeded the US Banks industry which returned -15.3% over the past year.

Return vs Market: RMBI exceeded the US Market which returned -13.5% over the past year.

Price Volatility

Is RMBI's price volatile compared to industry and market?
RMBI volatility
RMBI Average Weekly Movement3.9%
Banks Industry Average Movement3.7%
Market Average Movement7.9%
10% most volatile stocks in US Market17.0%
10% least volatile stocks in US Market3.2%

Stable Share Price: RMBI is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: RMBI's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1887177Garry Kleerhttps://www.firstbankrichmond.com

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.

Richmond Mutual Bancorporation, Inc. Fundamentals Summary

How do Richmond Mutual Bancorporation's earnings and revenue compare to its market cap?
RMBI fundamental statistics
Market CapUS$170.02m
Earnings (TTM)US$12.30m
Revenue (TTM)US$44.83m

13.8x

P/E Ratio

1.2x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
RMBI income statement (TTM)
RevenueUS$44.83m
Cost of RevenueUS$0
Gross ProfitUS$44.83m
Other ExpensesUS$32.53m
EarningsUS$12.30m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)1.04
Gross Margin100.00%
Net Profit Margin27.44%
Debt/Equity Ratio127.4%

How did RMBI perform over the long term?

See historical performance and comparison

Dividends

2.8%

Current Dividend Yield

30%

Payout Ratio