Richmond Mutual is trading at 13.19 as of the 18th of January 2025. This is a 2.65 percent increase since the beginning of the trading day. The stock's open price was 12.85. Richmond Mutual has only a 8 % chance of going through financial distress over the next few years but had a somewhat weak performance during the last 90 days. The performance scores are derived for the period starting the 19th of December 2024 and ending today, the 18th of January 2025. Click here to learn more.
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. The company has 10.11 M outstanding shares of which 31.21 K shares are at this time shorted by private and institutional investors with about 1.56 trading days to cover. More on Richmond Mutual Bancorporation
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. The company currently falls under 'Small-Cap' category with a current market capitalization of 129.86 M. Richmond Mutual Banc conducts business under Banks sector and is part of Financials industry. The entity has 10.11 M outstanding shares of which 31.21 K shares are at this time shorted by private and institutional investors with about 1.56 trading days to cover.
Richmond Mutual Bancorporation currently holds about 19.35 M in cash with 12.11 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.64.
Check Richmond Mutual Probability Of BankruptcyOwnership AllocationThe market capitalization of Richmond Mutual Banc is $129.86 Million. Richmond Mutual holds 14.55 pct. of its outstanding shares held by insiders and 20.7 pct. owned by third-party entities. Please take into account that even companies with profitable outlook can generate negative future returns on their equity. If the true value of the company is less than the current market value, you may not be able generate positive returns on investment in the long run.
Check Richmond Ownership Details
Richmond Mutual Banc Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Richmond Mutual market risk premium is the additional return an investor will receive from holding Richmond Mutual long position in a well-diversified portfolio.
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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
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.
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.