Paul Witte - Richmond Mutual President Richmond

RMBI Stock  USD 14.25  0.35  2.52%   

President

Paul Witte is President Richmond of Richmond Mutual Bancorporation
Age 52
Address 31 North 9th Street, Richmond, IN, United States, 47374
Phone765 962 2581
Webhttps://www.firstbankrichmond.com

Richmond Mutual Management Efficiency

The Richmond Mutual's current Return On Equity is estimated to increase to 0.07, while Return On Tangible Assets are projected to decrease to 0. As of now, Richmond Mutual's Net Tangible Assets are increasing as compared to previous years. The Richmond Mutual's current Debt To Assets is estimated to increase to 0.15, while Total Assets are projected to decrease to under 1.2 B. Richmond Mutual's management efficiency ratios could be used to measure how well Richmond Mutual manages its routine affairs as well as how well it operates its assets and liabilities.
Richmond Mutual Bancorporation currently holds 271 M in liabilities. Note, when we think about Richmond Mutual's use of debt, we should always consider it together with its cash and equity.

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Richmond Mutual Bancorporation, Inc. operates as a holding company for First Bank Richmond that provides various banking services. Richmond Mutual Bancorporation, Inc. was founded in 1887 and is headquartered in Richmond, Indiana. Richmond Mutual operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 184 people. Richmond Mutual Bancorporation (RMBI) is traded on NASDAQ Exchange in USA. It is located in 31 North 9th Street, Richmond, IN, United States, 47374 and employs 171 people. Richmond Mutual is listed under Regional Banks category by Fama And French industry classification.

Management Performance

Richmond Mutual Banc Leadership Team

Elected by the shareholders, the Richmond Mutual's board of directors comprises two types of representatives: Richmond Mutual inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Richmond. The board's role is to monitor Richmond Mutual's management team and ensure that shareholders' interests are well served. Richmond Mutual's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Richmond Mutual's outside directors are responsible for providing unbiased perspectives on the board's policies.
Lynette Lafuse, Senior Compliance
Clayton Judd, Senior Resources
Beth Brittenham, Senior Richmond
Bradley Glover, Controller VP
Albert Fullerton, Chief VP
Pamela Stoops, Senior Richmond
Donald Benziger, Executive CFO
Garry Kleer, President Chairman
Niles Richards, Senior Review
Robin Weinert, Senior Richmond
Paul Witte, President Richmond
Cathy Hays, Chief VP
Dean Weinert, President Bank
Alan Spears, Senior Richmond
Paul Allen, VP Operations

Richmond Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Richmond Mutual a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Richmond Mutual Bancorporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
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.