Richmond Income Before Tax from 2010 to 2024

RMBI Stock  USD 13.90  0.32  2.36%   
Richmond Mutual's Income Before Tax is increasing with stable movements from year to year. Income Before Tax is predicted to flatten to about 7.2 M. For the period between 2010 and 2024, Richmond Mutual, Income Before Tax quarterly trend regression had median of  5,687,531 and r-value of  0.20. View All Fundamentals
 
Income Before Tax  
First Reported
2018-03-31
Previous Quarter
2.4 M
Current Value
2.8 M
Quarterly Volatility
4.1 M
 
Covid
Check Richmond Mutual financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Richmond Mutual's main balance sheet or income statement drivers, such as Tax Provision of 1.4 M, Net Interest Income of 36.7 M or Interest Income of 48.6 M, as well as many indicators such as Price To Sales Ratio of 5.01, Dividend Yield of 0.052 or PTB Ratio of 1.42. Richmond financial statements analysis is a perfect complement when working with Richmond Mutual Valuation or Volatility modules.
  
Check out the analysis of Richmond Mutual Correlation against competitors.

Latest Richmond Mutual's Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of Richmond Mutual Bancorporation over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on Richmond Mutual income statement and is an important metric when analyzing Richmond Mutual Banc profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is Richmond Mutual's Income Before Tax historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Richmond Mutual's overall financial position and show how it may be relating to other accounts over time.
Income Before Tax10 Years Trend
Pretty Stable
   Income Before Tax   
       Timeline  

Richmond Income Before Tax Regression Statistics

Arithmetic Mean6,210,000
Coefficient Of Variation126.67
Mean Deviation3,968,887
Median5,687,531
Standard Deviation7,866,221
Sample Variance61.9T
Range35.1M
R-Value0.20
Mean Square Error64.1T
R-Squared0.04
Significance0.49
Slope343,652
Total Sum of Squares866.3T

Richmond Income Before Tax History

20247.2 M
202311 M
202215.7 M
202113.6 M
202012.5 M
2019-19.4 M
2018M

About Richmond Mutual Financial Statements

Investors use fundamental indicators, such as Richmond Mutual's Income Before Tax, to determine how well the company is positioned to perform in the future. Although Richmond Mutual's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Income Before Tax11 M7.2 M

Currently Active Assets on Macroaxis

When determining whether Richmond Mutual Banc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Richmond Mutual's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Richmond Mutual Bancorporation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Richmond Mutual Bancorporation Stock:
Check out the analysis of Richmond Mutual Correlation against competitors.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Richmond Mutual. If investors know Richmond will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Richmond Mutual listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.276
Dividend Share
0.56
Earnings Share
0.87
Revenue Per Share
4.169
Quarterly Revenue Growth
0.061
The market value of Richmond Mutual Banc is measured differently than its book value, which is the value of Richmond that is recorded on the company's balance sheet. Investors also form their own opinion of Richmond Mutual's value that differs from its market value or its book value, called intrinsic value, which is Richmond Mutual's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Richmond Mutual's market value can be influenced by many factors that don't directly affect Richmond Mutual's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Richmond Mutual's value and its price as these two are different measures arrived at by different means. Investors typically determine if Richmond Mutual is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Richmond Mutual's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.