Richmond Mutual Bancorporation (RMBI) AI Stock Analysis

• Market Cap: $137.42M
• Dividend Yield: 4.35%
• Average Volume (3M): 14.47K
• Price to Earnings (P/E): 12.4
• Beta (1Y): 0.48
• Revenue Growth: 7.54%
• EPS Growth: 25.25%
• Country: US
• Employees: 171
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 0.36
• Shares Outstanding: 10,450,007
• 10 Day Avg. Volume: 19,366
• 30 Day Avg. Volume: 14,470
• PEG Ratio: 6.92
• Price to Book (P/B): 1.07
• Price to Sales (P/S): 1.68
• P/FCF Ratio: 9.98
• Enterprise Value/Market Cap: 2.79
• Enterprise Value/Revenue: 4.29
• Enterprise Value/Gross Profit: 35.43
• Enterprise Value/Ebitda: 0.57
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 68 Neutral
• Price Target: $14.50 ▲(5.61% Upside)

Richmond Mutual Bancorporation's stock score is primarily driven by its solid valuation and stable financial performance. The high dividend yield and reasonable P/E ratio are significant positives. However, technical indicators suggest weak market momentum, which slightly offsets the overall score.

Richmond Mutual Bancorporation Business Overview & Revenue Model

Company Description

Richmond Mutual Bancorporation (RMBI) is a financial services holding company based in Richmond, Indiana. It operates primarily in the banking sector, offering a range of services including commercial and retail banking, mortgage lending, and investment services through its subsidiary, Richmond Bank. RMBI focuses on providing personalized banking solutions to its customers, catering to both individual and business needs, with an emphasis on community engagement and local economic development.

How the Company Makes Money

Richmond Mutual Bancorporation generates revenue primarily through interest income from loans and investments. The company's key revenue streams include interest earned on commercial and consumer loans, as well as mortgage loans, which form a significant portion of its lending portfolio. Additionally, RMBI earns non-interest income through service charges, fees for account maintenance, and transaction services. The bank may also engage in investment activities and earn fees from wealth management services. Strategic partnerships with local businesses and financial institutions enhance its reach and customer base, contributing to its overall earnings.

Richmond Mutual Bancorporation Financial Statement Overview

Summary

Richmond Mutual Bancorporation demonstrates stable revenue growth and consistent profitability, though margins have slightly declined. The balance sheet shows high leverage, which could be a risk factor. Cash flow generation is improving, but there are challenges in converting income to cash. Overall, the company is performing well but should monitor leverage and profitability closely.

Income Statement

Richmond Mutual Bancorporation shows a stable revenue growth with a TTM revenue growth rate of 1.43%. The gross profit margin is healthy at 49.29%, although it has decreased from previous years. Net profit margin is stable at 10.83%, indicating consistent profitability. However, margins have slightly declined compared to previous years, suggesting pressure on profitability.

Balance Sheet

The company has a high debt-to-equity ratio of 2.02, indicating significant leverage, which could pose risks in a rising interest rate environment. Return on equity is modest at 7.10%, reflecting moderate efficiency in generating returns from equity. The equity ratio is relatively low, suggesting a higher reliance on debt financing.

Cash Flow

Free cash flow growth is positive at 9.85%, showing improvement in cash generation. The operating cash flow to net income ratio is low at 1.52%, indicating potential challenges in converting income to cash. However, the free cash flow to net income ratio is strong at 94.41%, suggesting effective cash management.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	89.38M	85.05M	71.82M	56.59M	51.21M	49.54M
Gross Profit	10.82M	42.69M	41.74M	45.77M	42.10M	36.37M
EBITDA	677.91M	11.91M	12.19M	17.04M	15.12M	13.96M
Net Income	10.64M	9.38M	9.49M	12.96M	11.14M	10.02M
Balance Sheet
Total Assets	1.53T	1.51B	1.46B	1.33B	1.27B	1.08B
Cash, Cash Equivalents and Short-Term Investments	20.96M	27.55M	302.93M	301.31M	380.58M	293.27M
Total Debt	0.00	265.00M	271.00M	180.00M	180.00M	170.00M
Total Liabilities	1.39T	1.37B	1.33B	1.20B	1.09B	891.48M
Stockholders Equity	255.99M	132.87M	134.86M	132.98M	180.48M	192.71M
Cash Flow
Free Cash Flow	13.31B	14.29M	11.49M	17.78M	-10.23M	14.69M
Operating Cash Flow	13.31B	14.75M	12.11M	18.16M	-9.65M	16.57M
Investing Cash Flow	-4.33B	-49.30M	-122.53M	-116.12M	-212.19M	-89.26M
Financing Cash Flow	3.53B	36.06M	114.74M	90.85M	196.10M	80.85M

Richmond Mutual Bancorporation Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 13.73
• 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 13.73 is above the 20-day moving average (MA) of 13.39, below the 50-day MA of 13.98, and above the 200-day MA of 13.47, indicating a bearish trend. The MACD of -0.19 indicates Negative momentum. The RSI at 45.04 is Neutral, neither overbought nor oversold. The STOCH value of 38.64 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
LARK	68 Neutral	$147.82M	8.58	11.72%	3.18%	12.42%	39.45%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
RMBI	68 Neutral	$137.42M	12.35	7.60%	4.35%	7.54%	25.25%
CFBK	67 Neutral	$162.75M	9.40	9.18%	1.33%	2.33%	22.43%
BFIN	58 Neutral	$138.81M	59.92	1.46%	3.62%	-2.62%	-70.70%
PNBK	55 Neutral	$137.99M	-0.13	-82.98%	―	-11.96%	-500.26%
BCBP	54 Neutral	$132.14M	159.79	0.86%	8.22%	-8.73%	-95.86%

Richmond Mutual Bancorporation Corporate Events

Richmond Mutual Bancorporation Reports Strong Q3 2025 Results

Richmond Mutual Bancorporation, Inc., headquartered in Richmond, Indiana, is the parent company of First Bank Richmond, a community-oriented financial institution offering traditional banking and trust services across various locations in Indiana and Ohio.

Richmond Mutual Announces Quarterly Cash Dividend

On August 20, 2025, Richmond Mutual Bancorporation announced a quarterly cash dividend of $0.15 per share on its common stock. The dividend is payable on September 18, 2025, to stockholders recorded by September 4, 2025, reflecting the company’s commitment to returning value to its shareholders.

The most recent analyst rating on (RMBI) stock is a Buy with a $15.50 price target. To see the full list of analyst forecasts on Richmond Mutual Bancorporation stock, see the RMBI Stock Forecast page.

Richmond Mutual Bancorp Reports Strong Q2 2025 Earnings

Richmond Mutual Bancorporation, Inc., headquartered in Richmond, Indiana, is a financial holding company that operates First Bank Richmond, providing community-oriented financial and trust services across multiple locations in Indiana and Ohio.