Richmond Mutual Bancorporation Inc (RMBI)
NASDAQ:RMBI
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Richmond Mutual Bancorporation
(NASDAQ:RMBI)
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Rating:64Neutral
Price Target:
$15.50
▲(11.03% Upside)
Action:Reiterated
Date:05/28/26
The score is driven primarily by solid-but-not-pristine financial performance: improved TTM profitability and supportive cash generation are tempered by higher leverage and some recent data inconsistencies. Valuation is a positive contributor (moderate P/E and strong dividend yield), while technical indicators are neutral-to-slightly weak and corporate events add modest support via merger progress and continued dividends.
Positive Factors
Revenue & Margin Recovery
A large TTM revenue rebound and restored operating/net margins signal meaningful recovery in core banking operations. Durable top-line strength plus mid-teens EBIT margins support sustainable internal cash generation, loan funding capacity and reinvestment, improving earnings resiliency over months.
Negative Factors
Elevated & Uncertain Leverage
Sustained elevated leverage increases sensitivity to funding stress and interest rate shifts and reduces strategic flexibility. Compounding this, inconsistent TTM balance-sheet reporting lowers confidence in the current leverage picture, complicating capital planning and risk assessment over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue & Margin Recovery
A large TTM revenue rebound and restored operating/net margins signal meaningful recovery in core banking operations. Durable top-line strength plus mid-teens EBIT margins support sustainable internal cash generation, loan funding capacity and reinvestment, improving earnings resiliency over months.
Read all positive factors
Richmond Mutual Bancorporation (RMBI) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$159.83M
Dividend Yield4.29%
Average Volume (3M)17.52K
Price to Earnings (P/E)11.9
Beta (1Y)0.53
Revenue Growth5.44%
EPS Growth43.44%
CountryUS
Employees171
SectorFinancial
Sector Strength70
IndustryBanks - Regional
Share Statistics
EPS (TTM)1.28
Shares Outstanding10,501,260
10 Day Avg. Volume23,004
30 Day Avg. Volume17,515
Financial Highlights & Ratios
PEG Ratio0.40
Price to Book (P/B)0.93
Price to Sales (P/S)1.49
P/FCF Ratio9.28
Enterprise Value/Market Cap-58.19
Enterprise Value/Revenue-101.84
Enterprise Value/Gross Profit-191.95
Enterprise Value/Ebitda-573.71
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Richmond Mutual Bancorporation Business Overview & Revenue Model
Company Description
Richmond Mutual Bancorporation, Inc. serves as the parent organization for First Bank Richmond, offering a diverse array of banking and financial services. The company facilitates various deposit accounts, including savings, money market, NOW, dem...
How the Company Makes Money
Richmond Mutual Bancorporation generates revenue primarily through interest income from loans provided to individuals, businesses, and real estate developers. It also earns income from fees associated with banking services, including account maint...
Richmond Mutual Bancorporation Financial Statement Overview
Summary
Income Statement
73
Positive
Balance Sheet
55
Neutral
Cash Flow
67
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 91.32M | 90.89M | 85.05M | 71.82M | 56.59M | 51.21M |
| Gross Profit | 48.45M | 47.04M | 42.68M | 41.54M | 45.77M | 42.10M |
| EBITDA | 16.21M | 14.88M | 11.91M | 12.19M | 17.04M | 15.12M |
| Net Income | 12.39M | 11.58M | 9.38M | 9.49M | 12.96M | 11.14M |
Balance Sheet | ||||||
| Total Assets | 1.52B | 1.53B | 1.50B | 1.46B | 1.33B | 1.27B |
| Cash, Cash Equivalents and Short-Term Investments | 130.05M | 287.12M | 27.55M | 302.93M | 301.31M | 380.58M |
| Total Debt | 256.00M | 252.00M | 265.00M | 271.00M | 180.00M | 180.00M |
| Total Liabilities | 1.37B | 1.38B | 1.37B | 1.33B | 1.20B | 1.09B |
| Stockholders Equity | 144.91M | 145.78M | 132.87M | 134.86M | 132.38M | 180.48M |
Cash Flow | ||||||
| Free Cash Flow | 2.80B | 14.61M | 14.29M | 11.49M | 17.78M | -10.23M |
| Operating Cash Flow | 2.80B | 15.97M | 14.75M | 12.11M | 18.16M | -9.65M |
| Investing Cash Flow | 4.77B | -1.14M | -49.30M | -122.53M | -116.12M | -212.19M |
| Financing Cash Flow | -5.89B | -3.46M | 36.06M | 114.74M | 90.85M | 196.10M |
Richmond Mutual Bancorporation Technical Analysis
Positive
13.96
Price Trends
14.64
Positive
14.13
Positive
13.83
Positive
Market Momentum
0.15
Negative
64.14
Neutral
68.42
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For RMBI, the sentiment is Positive. The current price of 13.96 is below the 20-day moving average (MA) of 14.68, below the 50-day MA of 14.64, and above the 200-day MA of 13.83, indicating a bullish trend. The MACD of 0.15 indicates Negative momentum. The RSI at 64.14 is Neutral, neither overbought nor oversold. The STOCH value of 68.42 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for RMBI.
Richmond Mutual Bancorporation Risk Analysis
Richmond Mutual Bancorporation disclosed 29 risk factors in its most recent earnings report. Richmond Mutual Bancorporation reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Richmond Mutual Bancorporation Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | $182.93M | 9.38 | 12.22% | 3.01% | 4.70% | 27.81% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
66 Neutral | $199.88M | 11.21 | 9.76% | 1.16% | 0.91% | 22.40% | |
64 Neutral | $159.83M | 11.92 | 8.80% | 4.29% | 5.44% | 43.44% | |
58 Neutral | $185.09M | -153.00 | 0.23% | 7.74% | -15.00% | -146.52% | |
52 Neutral | $129.44M | -7.70 | -13.51% | ― | 2.17% | 98.76% |
* Financial Sector Average
RMBI
Richmond Mutual Bancorporation
15.26
2.25
17.28%
BCBP
BCB Bancorp
10.71
2.84
36.00%
CFBK
CF Bankshares
31.16
7.81
33.43%
LARK
Landmark Bancorp
30.20
7.34
32.08%
PNBK
Patriot National Bancorp
1.08
-0.32
-22.86%
Richmond Mutual Bancorporation Corporate Events
Executive/Board ChangesM&A TransactionsShareholder Meetings
Richmond Mutual Shareholders Approve Merger With Farmers Bancorp
Positive
May 27, 2026
Richmond Mutual Bancorporation, Inc. and The Farmers Bancorp secured shareholder approval for their planned merger at meetings held on May 26 and May 27, 2026, respectively, clearing a key hurdle after bank regulatory approvals were previously obt...
Dividends
Richmond Mutual Bancorporation Declares Quarterly Cash Dividend
Positive
May 22, 2026
On May 22, 2026, Richmond Mutual Bancorporation, Inc. announced that its board declared a quarterly cash dividend of $0.15 per share on its common stock. The dividend is scheduled to be paid on June 17, 2026, to shareholders of record as of the cl...
Business Operations and StrategyM&A TransactionsRegulatory Filings and ComplianceShareholder Meetings
Richmond Mutual Bancorporation Advances Merger with Farmers Bancorp
Neutral
May 5, 2026
On May 5, 2026, The Farmers Bancorp in Frankfort, Indiana announced it had distributed a shareholder communication concerning its pending merger with Richmond Mutual Bancorporation, Inc., following effectiveness of a joint proxy statement/prospect...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.