Richmond Mutual Bancorporation (NASDAQ:RMBI – Get Free Report) posted its quarterly earnings data on Monday. The company reported $0.22 EPS for the quarter, FiscalAI reports. The company had revenue of $13.65 million for the quarter. Richmond Mutual Bancorporation had a return on equity of 8.80% and a net margin of 13.56%.
Richmond Mutual Bancorporation Trading Down 1.0%
Shares of NASDAQ RMBI traded down $0.16 during mid-day trading on Monday, hitting $15.40. The company had a trading volume of 47,545 shares, compared to its average volume of 36,371. The firm has a 50-day simple moving average of $14.97 and a two-hundred day simple moving average of $14.40. The company has a market capitalization of $161.70 million, a PE ratio of 12.32 and a beta of 0.31. Richmond Mutual Bancorporation has a one year low of $12.77 and a one year high of $16.59.
Richmond Mutual Bancorporation Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 17th. Stockholders of record on Wednesday, June 3rd were given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date of this dividend was Wednesday, June 3rd. Richmond Mutual Bancorporation’s payout ratio is currently 48.00%.
Analyst Upgrades and Downgrades
Get Our Latest Stock Analysis on RMBI
Institutional Inflows and Outflows
Hedge funds have recently bought and sold shares of the stock. Renaissance Technologies LLC increased its holdings in Richmond Mutual Bancorporation by 23.9% during the first quarter. Renaissance Technologies LLC now owns 38,342 shares of the company’s stock worth $520,000 after buying an additional 7,400 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in shares of Richmond Mutual Bancorporation by 3.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 120,515 shares of the company’s stock worth $1,635,000 after purchasing an additional 4,390 shares during the last quarter. Stifel Financial Corp raised its holdings in shares of Richmond Mutual Bancorporation by 5.0% in the 4th quarter. Stifel Financial Corp now owns 133,613 shares of the company’s stock valued at $1,876,000 after purchasing an additional 6,416 shares during the period. State Street Corp lifted its stake in Richmond Mutual Bancorporation by 0.6% in the 4th quarter. State Street Corp now owns 112,995 shares of the company’s stock valued at $1,586,000 after purchasing an additional 718 shares during the last quarter. Finally, Wells Fargo & Company MN grew its holdings in Richmond Mutual Bancorporation by 37.0% during the fourth quarter. Wells Fargo & Company MN now owns 9,256 shares of the company’s stock worth $130,000 after purchasing an additional 2,500 shares during the period. 26.52% of the stock is currently owned by institutional investors.
Richmond Mutual Bancorporation Company Profile
Richmond Mutual Bancorporation is the bank holding company for The Richmond Savings Bank, a mutual savings institution chartered in New Hampshire. Through its subsidiary, the company offers a full range of deposit and loan products to individuals, families and small businesses. Its core services include checking and savings accounts, money market accounts, certificates of deposit and consumer lending solutions such as residential mortgages, home equity lines of credit and personal installment loans.
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