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How to buy Richmond Mutual Bancorporation stock | $15.51

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 178 staff and has a trailing 12-month revenue of around 0.00.

How to buy shares in Richmond Mutual Bancorporation

  1. Compare share trading platforms.Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. 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.
  5. 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.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

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

Information last updated 2021-10-18.
Latest market close$15.51
52-week range$10.27 - $15.88
50-day moving average $15.49
200-day moving average $14.79
Wall St. target priceN/A
PE ratio 17.7011
Dividend yield $0.24 (1.54%)
Earnings per share (TTM) $0.87

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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

Historical closes compared with the close of $15.51 from 2021-10-22

1 week (2021-10-15) 0.71%
1 month (2021-09-23) 1.64%
3 months (2021-07-23) 1.04%
6 months (2021-04-23) 11.90%
1 year (2020-10-22) 37.99%
2 years (2019-10-22) 11.66%
3 years (2018-10-19) N/A
5 years (2016-10-19) N/A

Is Richmond Mutual Bancorporation under- or over-valued?

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 18x. In other words, Richmond Mutual Bancorporation shares trade at around 18x 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 $39.8 million
Operating margin TTM 33.62%
Gross profit TTM $36.6 million
Return on assets TTM 0.89%
Return on equity TTM 5.49%
Profit margin 26.14%
Book value $14.39
Market capitalisation $192.1 million

TTM: trailing 12 months

Shorting Richmond Mutual Bancorporation shares

There are currently 32,630 Richmond Mutual Bancorporation shares held short by investors – that's known as Richmond Mutual Bancorporation's "short interest". This figure is 20.8% down from 41,180 last month.

There are a few different ways that this level of interest in shorting Richmond Mutual Bancorporation shares can be evaluated.

Richmond Mutual Bancorporation's "short interest ratio" (SIR)

Richmond Mutual Bancorporation's "short interest ratio" (SIR) is the quantity of Richmond Mutual Bancorporation shares currently shorted divided by the average quantity of Richmond Mutual Bancorporation shares traded daily (recently around 12746.09375). Richmond Mutual Bancorporation's SIR currently stands at 2.56. In other words for every 100,000 Richmond Mutual Bancorporation shares traded daily on the market, roughly 2560 shares are currently held short.

However Richmond Mutual Bancorporation's short interest can also be evaluated against the total number of Richmond Mutual Bancorporation shares, or, against the total number of tradable Richmond Mutual Bancorporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Richmond Mutual Bancorporation's short interest could be expressed as 0% of the outstanding shares (for every 100,000 Richmond Mutual Bancorporation shares in existence, roughly 0 shares are currently held short) or 0.0031% of the tradable shares (for every 100,000 tradable Richmond Mutual Bancorporation shares, roughly 3 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Richmond Mutual Bancorporation.

Find out more about how you can short Richmond Mutual Bancorporation stock.

Richmond Mutual Bancorporation share dividends

78%

Dividend payout ratio: 77.76% of net profits

Recently Richmond Mutual Bancorporation has paid out, on average, around 77.76% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.82% 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 1.82% return on their shares, in the form of dividend payments. In Richmond Mutual Bancorporation's case, that would currently equate to about $0.24 per share.

Richmond Mutual Bancorporation's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

Richmond Mutual Bancorporation's most recent dividend payout was on 15 September 2021. The latest dividend was paid out to all shareholders who bought their shares by 31 August 2021 (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 $10.2653 up to $15.877. A popular way to gauge a stock's volatility is its "beta".

RMBI.US volatility(beta: 1.04)Avg. volatility(beta: 1.00)LowHigh

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 1.0442. This would suggest that Richmond Mutual Bancorporation's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

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 seven full service and one limited service offices in Cambridge City, Centerville, Richmond, and Shelbyville, Indiana; five full-service offices in Piqua, Sidney, and Troy, Ohio; and a loan production office in Columbus, Ohio. Richmond Mutual Bancorporation, Inc.

Frequently asked questions

What percentage of Richmond Mutual Bancorporation is owned by insiders or institutions?
Currently 15.025% of Richmond Mutual Bancorporation shares are held by insiders and 22.024% by institutions.
How many people work for Richmond Mutual Bancorporation?
Latest data suggests 178 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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