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How to buy Richmond Mutual Bancorporation stock
Learn how to easily invest in Richmond Mutual Bancorporation stock.
Richmond Mutual Bancorporation Inc is a banks-regional business based in the US. Richmond Mutual Bancorporation shares (RMBI) are listed on the NASDAQ and all prices are listed in US Dollars. Richmond Mutual Bancorporation employs 177 staff and has a trailing 12-month revenue of around $44.8 million.
How to buy shares in Richmond Mutual Bancorporation
- Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
- Open your brokerage account. Complete an application with your details.
- Confirm your payment details. Fund your account.
- Research the stock. Find the stock by name or ticker symbol – RMBI – and research it before deciding if it's a good investment for you.
- Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
- Check in on your investment. Optimize your portfolio by tracking your stock.
What's in this guide?
Richmond Mutual Bancorporation stock price (NASDAQ: RMBI)Use our graph to track the performance of RMBI stocks over time.
Richmond Mutual Bancorporation shares at a glance
|Latest market close||$13.67|
|52-week range||$12.92 - $17.91|
|50-day moving average||$13.96|
|200-day moving average||$15.48|
|Wall St. target price||N/A|
|Dividend yield||$0.34 (2.86%)|
|Earnings per share (TTM)||$1.11|
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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
Is it a good time to buy Richmond Mutual Bancorporation stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Richmond Mutual Bancorporation price performance over time
|1 week (2022-09-19)||-2.08%|
|1 month (2022-08-26)||-4.00%|
|3 months (2022-06-27)||0.22%|
|6 months (2022-03-25)||-21.30%|
|1 year (2021-09-27)||-12.03%|
|2 years (2020-09-25)||28.72%|
|3 years (2019-09-27)||13.87|
|5 years (2017-09-23)||N/A|
Is Richmond Mutual Bancorporation stock undervalued or overvalued?
Valuing Richmond Mutual Bancorporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Richmond Mutual Bancorporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Richmond Mutual Bancorporation's P/E ratio
Richmond Mutual Bancorporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 13x. In other words, Richmond Mutual Bancorporation shares trade at around 13x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Richmond Mutual Bancorporation financials
|Revenue TTM||$44.8 million|
|Operating margin TTM||35.44%|
|Gross profit TTM||$42.8 million|
|Return on assets TTM||1%|
|Return on equity TTM||7.65%|
|Market capitalisation||$165.4 million|
TTM: trailing 12 months
Richmond Mutual Bancorporation share dividends
Dividend payout ratio: 34.19% of net profits
Recently Richmond Mutual Bancorporation has paid out, on average, around 34.19% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.86% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Richmond Mutual Bancorporation shareholders could enjoy a 2.86% return on their shares, in the form of dividend payments. In Richmond Mutual Bancorporation's case, that would currently equate to about $0.34 per share.
While Richmond Mutual Bancorporation's payout ratio might seem fairly standard, it's worth remembering that Richmond Mutual Bancorporation may be investing much of the rest of its net profits in future growth.
Richmond Mutual Bancorporation's most recent dividend payout was on 14 September 2022. The latest dividend was paid out to all shareholders who bought their shares by 30 August 2022 (the "ex-dividend date").
Richmond Mutual Bancorporation share price volatility
Over the last 12 months, Richmond Mutual Bancorporation's shares have ranged in value from as little as $12.9165 up to $17.9112. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Richmond Mutual Bancorporation's is 0.739. This would suggest that Richmond Mutual Bancorporation's shares are less volatile than average (for this exchange).
Richmond Mutual Bancorporation overview
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.
Frequently asked questionsWhat percentage of Richmond Mutual Bancorporation is owned by insiders or institutions?
Currently 13.901% of Richmond Mutual Bancorporation shares are held by insiders and 19.943% by institutions. How many people work for Richmond Mutual Bancorporation?
Latest data suggests 177 work at Richmond Mutual Bancorporation. When does the fiscal year end for Richmond Mutual Bancorporation?
Richmond Mutual Bancorporation's fiscal year ends in December. Where is Richmond Mutual Bancorporation based?
Richmond Mutual Bancorporation's address is: 31 North 9th Street, Richmond, IN, United States, 47374 What is Richmond Mutual Bancorporation's ISIN number?
Richmond Mutual Bancorporation's international securities identification number is: US76525P1003 What is Richmond Mutual Bancorporation's CUSIP number?
Richmond Mutual Bancorporation's Committee on Uniform Securities Identification Procedures number is: 76525P100
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