Richmond Mutual Bancorporation (RMBI) AI Stock Analysis

• Market Cap: $128.47M
• Dividend Yield: 4.66%
• Average Volume (3M): 31.41K
• Price to Earnings (P/E): 13.3
• Beta (1Y): 0.41
• Revenue Growth: 18.48%
• EPS Growth: 2.14%
• Country: US
• Employees: 173
• Sector: Financial
• Sector Strength: 85
• Industry: Banks - Regional
• EPS (TTM): 0.92
• Shares Outstanding: 10,495,688
• 10 Day Avg. Volume: 30,279
• 30 Day Avg. Volume: 31,405
• PEG Ratio: 6.24
• Price to Book (P/B): N/A
• Price to Sales (P/S): 3.27
• Price to Cash Flow (P/CF): 12.20
• P/FCF Ratio: 2.60
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Richmond Mutual Bancorporation's stock is bolstered by its solid balance sheet and attractive valuation. However, pressure on profitability and cash flow management are areas of concern. Technical analysis suggests a positive momentum, although caution is advised due to potential overbought conditions. Overall, the stock presents a balanced risk-reward profile.

Richmond Mutual Bancorporation Business Overview & Revenue Model

Company Description

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. In addition, the company 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. It operates through 12 full service and one limited-service banking offices with seven full-service and one limited-service offices located in Indiana; five offices situated in Ohio; one full-service banking office and four other branch offices are located in Richmond, Indiana; two other offices in Cambridge City, Centerville, Richmond, and Shelbyville, Indiana; two offices in Sidney and Ohio; two offices in Piqua and one office in Troy, Ohio; and a loan production office in Columbus, Ohio. Richmond Mutual Bancorporation, Inc. was founded in 1887 and is headquartered in Richmond, Indiana.

How the Company Makes Money

RMBI makes money primarily through interest income generated from its loan portfolio, which includes personal, commercial, and mortgage loans. The company also earns revenue from fees and charges related to various banking services, such as account maintenance fees, transaction fees, and mortgage origination fees. Additionally, RMBI benefits from interest on securities investments and service charges on deposit accounts. The company’s earnings are influenced by factors such as interest rate fluctuations, loan demand, and regional economic conditions. It may also engage in strategic partnerships or community initiatives to enhance its service offerings and expand its customer base.

Richmond Mutual Bancorporation Financial Statement Overview

Summary

Richmond Mutual Bancorporation displays financial stability with a solid balance sheet and consistent gross margins. However, profitability pressures from an EBIT margin decline and cash flow challenges indicate potential risks. Improvement in operational efficiency and cash flow management are necessary to bolster financial health.

Income Statement

Richmond Mutual's revenue has shown a slight decline from the previous year, and the net profit margin is stable but not impressive. The EBIT margin has decreased considerably, indicating pressure on operational efficiency. The consistent gross profit margin is a positive aspect, reflecting stable cost management.

Balance Sheet

The company's debt-to-equity ratio is reasonable, indicating a balanced approach to leveraging. Return on equity has weakened slightly due to declining net income. However, the equity ratio remains strong, showing a solid foundation of assets funded by equity.

Cash Flow

The cash flow situation presents concerns as there is no reported operating cash flow for the latest year, and free cash flow growth is absent. Previous years show positive free cash flow, which is a crucial area for improvement to ensure sustainability.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
42.91M	42.07M	46.37M	43.53M	40.14M
	Gross Profit
42.91M	41.74M	46.37M	43.53M	40.14M
	EBIT
42.91M	11.00M	25.74M	13.58M	12.50M
	EBITDA
0.00	0.00	17.04M	15.12M	13.96M
	Net Income Common Stockholders
9.38M	9.49M	12.97M	11.14M	10.02M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
21.76M	12.02M	13.74M	380.58M	293.27M
	Total Assets
1.51B	1.46B	1.33B	1.27B	1.08B
	Total Debt
265.00M	271.00M	180.00M	180.00M	170.00M
	Net Debt
243.24M	250.76M	163.59M	156.96M	121.23M
	Total Liabilities
1.37B	1.33B	1.20B	1.09B	891.48M
	Stockholders Equity
132.87M	134.86M	132.98M	180.48M	192.71M
Cash Flow		Free Cash Flow
0.00	11.49M	17.78M	-10.23M	14.69M
	Operating Cash Flow
0.00	12.11M	18.16M	-9.65M	16.57M
	Investing Cash Flow
0.00	-122.53M	-116.12M	-212.19M	-89.26M
	Financing Cash Flow
0.00	114.74M	90.85M	196.11M	80.85M

Richmond Mutual Bancorporation Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 12.16
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For RMBI, the sentiment is Negative. The current price of 12.16 is below the 20-day moving average (MA) of 12.58, below the 50-day MA of 13.07, and below the 200-day MA of 12.72, indicating a bearish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 49.28 is Neutral, neither overbought nor oversold. The STOCH value of 36.12 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for RMBI.

Richmond Mutual Bancorporation Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HFBL	77 Outperform	$40.57M	11.95	6.25%	3.98%	1.27%	-27.46%
LARK	76 Outperform	$157.74M	12.09	9.88%	2.97%	18.26%	6.14%
SMBK	75 Outperform	$484.33M	13.29	7.60%	1.12%	18.62%	26.65%
RMBI	71 Outperform	$128.47M	13.35	7.00%	4.66%	18.48%	2.14%
FSBC	67 Neutral	$554.35M	11.50	13.39%	3.08%	17.32%	-18.15%
Sector *	63 Neutral	$14.39B	9.81	8.95%	4.37%	16.38%	-11.64%
BRBS	40 Underperform	$273.01M	―	-5.99%	―	-13.23%	81.41%