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Richmond Mutual BancorporationNASDAQ: RMBI

Profile

Country:

United States

IPO:

02 July 2019

Next earnings report:

24 January 2025

Last dividends:

04 September 2024

Next dividends:

N/A
$135.42 M
-39%vs. 3y high
28%vs. sector
-16%vs. 3y high
51%vs. sector
-27%vs. 3y high
32%vs. sector
-37%vs. 3y high
50%vs. sector

Price

regular market | Wed, 20 Nov 2024 21:00:01 GMT
$13.40-$0.20(-1.47%)
$10.76 M$2.47 M

Analysts recommendations

Institutional Ownership

RMBI Latest News

Richmond Mutual Bancorporation: Time To Take Profits
seekingalpha.com09 August 2024 Sentiment: NEGATIVE

Richmond Mutual Bancorporation, Inc. offers a high dividend yield, but deteriorating fundamentals make it a less attractive income pick in the banking sector. Recent financial performance shows declining net interest income, low non-interest income, and increasing operating expenses, leading to lower profitability and questionable dividend sustainability. With weak growth prospects and potential issues with its dividend, Richmond's stock valuation near book value may not be justified, making it a less favorable investment option.

Richmond Mutual Bancorporation: A Great Income Play Due To Its 4.9% Dividend Yield
Seeking Alpha17 April 2024 Sentiment: POSITIVE

Richmond Mutual Bancorporation's investment thesis is based on its higher dividend yield compared to other regional banks, although there is room for improvement in its growth prospects and business diversification. The bank's financial performance suffered from the regional banking crisis, but its credit quality remained solid.

Buy Richmond Mutual Bancorporation For Its 5% Yield
Seeking Alpha15 November 2023 Sentiment: POSITIVE

Richmond Mutual Bancorporation offers a dividend yield above 5%, making it an attractive investment option. The bank operates in Indiana and Ohio, primarily focusing on attracting deposits and making loans. Richmond's financial performance has been stable, with strong growth in revenues and net interest income.

What type of business is Richmond Mutual Bancorporation?

Richmond Mutual Bancorporation, Inc. operates as the bank 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.

What sector is Richmond Mutual Bancorporation in?

Richmond Mutual Bancorporation is in the Financial Services sector

What industry is Richmond Mutual Bancorporation in?

Richmond Mutual Bancorporation is in the Banks - Regional industry

What country is Richmond Mutual Bancorporation from?

Richmond Mutual Bancorporation is headquartered in United States

When did Richmond Mutual Bancorporation go public?

Richmond Mutual Bancorporation initial public offering (IPO) was on 02 July 2019

What is Richmond Mutual Bancorporation website?

https://www.firstbankrichmond.com

Is Richmond Mutual Bancorporation in the S&P 500?

No, Richmond Mutual Bancorporation is not included in the S&P 500 index

Is Richmond Mutual Bancorporation in the NASDAQ 100?

No, Richmond Mutual Bancorporation is not included in the NASDAQ 100 index

Is Richmond Mutual Bancorporation in the Dow Jones?

No, Richmond Mutual Bancorporation is not included in the Dow Jones index

When was Richmond Mutual Bancorporation the previous earnings report?

No data

When does Richmond Mutual Bancorporation earnings report?

The next expected earnings date for Richmond Mutual Bancorporation is 24 January 2025