RICHMOND MUTUAL BANCORPORATION INC (RMBI)
Financials · Community Banking / Regional Retail Bank · NASDAQ
A community bank focused on real estate lending and deposit gathering in localized markets, earning profit primarily from the interest rate spread between loan assets and deposit liabilities.
What RICHMOND MUTUAL BANCORPORATION INC does
Richmond Mutual Bancorporation is a community bank holding company that provides commercial and consumer banking services, including deposits, loans, and lending products to individuals and businesses in its market areas. The company's portfolio is heavily weighted toward real estate lending, with loans and leases representing the largest asset category at over $1.1 billion. Net interest income from the spread between interest-earning assets (loans and securities) and interest-bearing liabilities (deposits and borrowings) is the primary driver of earnings.
Themes: ["Community banking","Real estate lending","Net interest margin / spread-based revenue","Local deposit gathering","Credit risk management"]
Fundamentals
- Price$15.11 as of 2026-07-09 close
- Market cap$158M as of 2026-07-10
- 1-year return+6.7% as of 2026-07-09 close
- P/E12.76 as of 2026-07-10
- Net margin+27.9% as of 2026-07-10
- ROE+8.8% as of 2026-07-10
- Debt / equity0.01 as of 2026-07-10
- Revenue growth (YoY)+12.9% as of 2026-07-10
- Beta0.32 as of 2026-07-10
Dividend: yield +4.0%; 4-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Economic downturn in local market areas could reduce loan demand, increase delinquencies, and impair collateral values, particularly given concentrated real estate exposure","Interest rate volatility and potential yield curve inversion could compress net interest margin if short-term borrowing costs rise faster than long-term lending yields","Reinvestment risk from loan prepayments and mortgage-backed security redemptions during periods of declining interest rates, forcing redeployment at lower yields"]
Competitors & peers
- Eastern Shore Bancorporation
- Provident Bancorp
- Xenith Bankshares
- Blue Ridge Bancshares
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.