| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 4/6 |
| Financial Health | 6/6 |
| Dividends | 2/6 |
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
| Historical stock prices | |
|---|---|
| Current Share Price | US$14.35 |
| 52 Week High | US$18.16 |
| 52 Week Low | US$13.01 |
| Beta | 0.76 |
| 1 Month Change | 3.99% |
| 3 Month Change | -4.40% |
| 1 Year Change | -9.41% |
| 3 Year Change | 8.30% |
| 5 Year Change | n/a |
| Change since IPO | 5.13% |
Recent News & Updates
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
| RMBI | US Banks | US Market | |
|---|---|---|---|
| 7D | 2.4% | 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
| RMBI volatility | |
|---|---|
| RMBI Average Weekly Movement | 3.9% |
| Banks Industry Average Movement | 3.7% |
| Market Average Movement | 7.9% |
| 10% most volatile stocks in US Market | 17.0% |
| 10% least volatile stocks in US Market | 3.2% |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1887 | 177 | Garry Kleer | https://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
| RMBI fundamental statistics | |
|---|---|
| Market Cap | US$170.02m |
| Earnings (TTM) | US$12.30m |
| Revenue (TTM) | US$44.83m |
13.8x
P/E Ratio1.2x
P/B RatioIs RMBI overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| RMBI income statement (TTM) | |
|---|---|
| Revenue | US$44.83m |
| Cost of Revenue | US$0 |
| Gross Profit | US$44.83m |
| Other Expenses | US$32.53m |
| Earnings | US$12.30m |
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.04 |
| Gross Margin | 100.00% |
| Net Profit Margin | 27.44% |
| Debt/Equity Ratio | 127.4% |
How did RMBI perform over the long term?
See historical performance and comparison