Rhinebeck Bancorp (RBKB) AI Stock Analysis

• Market Cap: $132.96M
• Dividend Yield: N/A
• Average Volume (3M): 35.23K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.29
• Revenue Growth: -17.91%
• EPS Growth: -257.99%
• Country: US
• Employees: 157
• Sector: Financial
• Sector Strength: 82
• Industry: Banks - Regional
• EPS (TTM): 0.21
• Shares Outstanding: 11,098,404
• 10 Day Avg. Volume: 69,510
• 30 Day Avg. Volume: 35,234
• PEG Ratio: -0.36
• Price to Book (P/B): 0.91
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 7.23
• Enterprise Value/Market Cap: 0.98
• Enterprise Value/Revenue: 0.62
• Enterprise Value/Gross Profit: 3.20
• Enterprise Value/Ebitda: -34.45
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 58 Neutral
• Price Target: $12.00 ▲(0.17%Upside)

The overall stock score reflects the company's ongoing profitability challenges and negative valuation metrics, offset slightly by positive cash flow trends and technical momentum. The recent corporate governance changes are a positive development, but they do not currently outweigh the negative financial indicators.

Rhinebeck Bancorp Business Overview & Revenue Model

Company Description

Rhinebeck Bancorp, Inc. operates as the bank holding company for Rhinebeck Bank that provides banking and financial products and services to consumer and commercial customers in the Hudson Valley region of New York. The company offers deposits; automobile loans; commercial real estate loans, including multi-family real estate loans, commercial construction, and land development loans; commercial business loans; and one-to four-family residential real estate loans. It also provides brokerage and financial services; and life insurance and investment products to individuals and businesses. As of December 31, 2021, the company operated through 15 branches and 2 representative offices in Dutchess, Ulster, Orange, and Albany counties. It also operates ATM located in Tivoli, New York. The company was founded in 1860 and is based in Poughkeepsie, New York. Rhinebeck Bancorp, Inc. operates as a subsidiary of Rhinebeck Bancorp, MHC.

How the Company Makes Money

Rhinebeck Bancorp generates revenue through several key streams within its banking operations. Primarily, the company earns interest income from loans and mortgages extended to personal and business customers. This is a significant portion of its earnings, as interest rates and loan volumes directly affect income levels. Additionally, Rhinebeck Bancorp earns money through service fees associated with various banking products, such as checking and savings accounts, and transaction fees. Other revenue sources include investment income from securities and wealth management services, where the bank earns fees for managing customer assets. Partnerships with local businesses and community engagement initiatives also contribute to Rhinebeck Bancorp’s market presence and customer base, indirectly supporting its revenue generation.

Rhinebeck Bancorp Financial Statement Overview

Summary

Rhinebeck Bancorp's financial health is declining with significant revenue contraction and operational losses impacting profitability. The balance sheet remains moderately stable, but cash flow challenges pose liquidity risks.

Income Statement

The income statement reflects a significant decline in revenue from 2023 to 2024, plummeting by approximately 37.8%. The net profit margin turned negative in 2024 due to a large net loss, contrasting with the previous years' profitability. The EBIT margin has also turned negative, indicating operational challenges. Overall, the financial performance shows a troubling trajectory with decreasing revenue and profitability.

Balance Sheet

The balance sheet reveals a stable debt-to-equity ratio, although it increased slightly due to higher debt levels in 2024. The equity ratio remains relatively strong, suggesting some balance sheet stability. However, the return on equity has drastically decreased due to net losses in 2024, highlighting potential profitability issues.

Cash Flow

The cash flow statement indicates significant challenges, with operating cash flow dropping to zero in 2024. Free cash flow has also declined, reflecting poor cash generation capabilities. The lack of operating cash flow to net income ratio further underscores the company's cash flow difficulties.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	25.91M	41.67M	47.77M	46.82M	44.67M
Gross Profit	25.91M	41.67M	47.77M	46.82M	44.67M
EBITDA	0.00	0.00	10.55M	16.65M	8.88M
Net Income	-8.62M	4.39M	7.00M	11.56M	5.92M
Balance Sheet
Total Assets	1.26B	1.31B	1.34B	1.28B	1.13B
Cash, Cash Equivalents and Short-Term Investments	37.48M	206.16M	255.04M	352.37M	196.42M
Total Debt	74.93M	133.22M	62.88M	23.20M	55.83M
Total Liabilities	1.13B	1.20B	1.23B	23.20M	55.83M
Stockholders Equity	121.83M	113.69M	108.13M	125.97M	116.50M
Cash Flow
Free Cash Flow	7.68M	6.47M	13.66M	5.88M	12.98M
Operating Cash Flow	8.47M	7.05M	14.79M	7.65M	14.85M
Investing Cash Flow	74.75M	14.70M	-123.61M	-135.73M	-74.12M
Financing Cash Flow	-67.86M	-31.00M	68.11M	106.69M	140.78M

Rhinebeck Bancorp Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 11.98
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For RBKB, the sentiment is Positive. The current price of 11.98 is above the 20-day moving average (MA) of 11.94, above the 50-day MA of 11.43, and above the 200-day MA of 10.13, indicating a bullish trend. The MACD of 0.14 indicates Positive momentum. The RSI at 55.32 is Neutral, neither overbought nor oversold. The STOCH value of 60.13 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for RBKB.

Rhinebeck Bancorp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SBFG	73 Outperform	$125.74M	11.37	8.80%	3.11%	7.28%	-3.91%
SRBK	69 Neutral	$111.27M	682.32	-0.05%	1.48%	―	―
AFBI	68 Neutral	$115.71M	20.31	4.84%	―	8.74%	-1.73%
Sector *	64 Neutral	$6.68B	11.24	6.71%	5.07%	25.00%	2.19%
MNSB	61 Neutral	$159.70M	14.43	-5.01%	1.93%	5.38%	-165.79%
RBKB	58 Neutral	$132.96M	―	-6.20%	―	-17.91%	-257.99%
RVSB	57 Neutral	$120.61M	24.70	3.11%	1.39%	9.61%	29.84%

Rhinebeck Bancorp Corporate Events

Rhinebeck Bancorp Holds Annual Stockholders Meeting

On May 21, 2025, Rhinebeck Bancorp, Inc. held its Annual Meeting of Stockholders, where several key decisions were made. The stockholders approved the 2025 Equity Incentive Plan, elected directors for three-year terms, ratified the appointment of Wolf & Company, P.C. as the independent registered public accounting firm, and approved executive compensation on an advisory basis. The company also decided to hold an annual advisory vote on executive compensation.

Rhinebeck Bancorp Appoints New Board Members

On April 15, 2025, Rhinebeck Bancorp announced the appointment of Sharon A. McGinnis and Nancy K. Patzwahl to its Board of Directors. McGinnis, with her extensive experience in human resources and corporate governance, will serve on the Compensation and Governance & Nominating Committees, while Patzwahl, a seasoned accountant, will join the Audit and Loan Review Committees. These appointments are expected to enhance the bank’s strategic efforts and strengthen its governance, with McGinnis contributing her expertise in employee relations and Patzwahl providing insights into accounting standards and regulatory compliance.