Richmond Mutual Bancorporation (NASDAQ:RMBI) Announces Earnings Results

Richmond Mutual Bancorporation (NASDAQ:RMBI) announced its quarterly earnings data on Thursday. The company reported $0.24 EPS for the quarter, Zacks reports. Richmond Mutual Bancorporation had a net margin of 10.62% and a return on equity of 6.57%.

Richmond Mutual Bancorporation Price Performance

NASDAQ:RMBI traded up $0.33 during mid-day trading on Thursday, hitting $13.70. The company’s stock had a trading volume of 7,066 shares, compared to its average volume of 15,640. The business’s fifty day moving average is $13.86 and its two-hundred day moving average is $13.04. The stock has a market cap of $149.47 million, a price-to-earnings ratio of 15.93 and a beta of 0.64. Richmond Mutual Bancorporation has a 1 year low of $10.11 and a 1 year high of $15.15.

Richmond Mutual Bancorporation Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 19th. Investors of record on Thursday, December 5th were given a dividend of $0.14 per share. The ex-dividend date of this dividend was Thursday, December 5th. This represents a $0.56 dividend on an annualized basis and a yield of 4.09%. Richmond Mutual Bancorporation’s dividend payout ratio is presently 65.12%.

Richmond Mutual Bancorporation Company Profile

Richmond Mutual Bancorporation, Inc operates as the bank holding company for First Bank Richmond that provides various banking services. It accepts various deposits, including savings deposit accounts, money market accounts, NOW and demand accounts, and certificates of deposit. The company also offers a range of lending products, such as multi-family and commercial real estate loans, commercial and industrial loans, construction and development loans, residential real estate loans, and consumer loans.