Financial Snapshot

Revenue
$59.86M
TTM
Gross Margin
Net Earnings
$8.844M
TTM
Current Assets
Current Liabilities
$3.434M
Q3 2024
Current Ratio
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$140.0M
Q3 2024
Cash
Q3 2024
P/E
18.34
Nov 29, 2024 EST
Free Cash Flow
$11.21M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017
Revenue $67.41M $51.86M $45.93M $42.86M $41.56M
YoY Change 29.99% 12.92% 7.15% 3.14%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017
Revenue $67.41M $51.86M $45.93M $42.86M $41.56M
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.190M $1.288M $1.530M $1.470M $1.090M $1.120M $1.230M
YoY Change -7.63% -15.82% 4.08% 34.86% -2.68% -8.94%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017
Interest Expense $29.75M $10.22M $7.682M $9.393M $11.16M
YoY Change 191.09% 33.03% -18.22% -15.81%
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017
Pretax Income $11.00M $15.75M $13.58M $12.50M -$19.38M $6.960M $5.690M
YoY Change -30.13% 15.97% 8.69% -164.48% -378.4% 22.32%
Income Tax $1.516M $2.783M $2.435M $2.477M -$5.292M $1.280M $2.970M
% Of Pretax Income 13.78% 17.67% 17.93% 19.82% 18.39% 52.2%
Net Earnings $9.487M $12.97M $11.14M $10.02M -$14.08M $5.680M $2.720M
YoY Change -26.83% 16.34% 11.25% -171.13% -347.97% 108.82%
Net Earnings / Revenue 14.07% 25.0% 24.27% 23.37% -33.89%
Basic Earnings Per Share $0.91 $1.20 $0.98 $0.82 -$1.27
Diluted Earnings Per Share $0.91 $1.17 $0.96 $0.82 -$1.27 $419.8K $201.0K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment $13.31M $13.67M $14.30M $14.90M $14.10M $14.00M $13.60M
YoY Change -2.61% -4.42% -4.03% 5.67% 0.71% 2.94%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
Total Assets $1.461B $1.329B $1.268B $1.084B $986.0M $849.6M $753.6M
YoY Change
Accounts Payable $4.397M $1.369M $300.0K $200.0K $300.0K $600.0K $200.0K
YoY Change 221.1% 356.45% 50.0% -33.33% -50.0% 200.0%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $4.397M $1.369M $300.0K $200.0K $300.0K $600.0K $200.0K
YoY Change 221.1% 356.45% 50.0% -33.33% -50.0% 200.0%
Long-Term Debt $588.4K $560.2K $500.0K $500.0K $500.0K $500.0K $500.0K
YoY Change 5.03% 12.04% 0.0% 0.0% 0.0% 0.0%
Other Long-Term Liabilities $9.039M $8.452M $6.200M $27.70M $26.20M $5.900M $6.700M
YoY Change 6.95% 36.31% -77.62% 5.73% 344.07% -11.94%
Total Long-Term Liabilities $9.627M $9.012M $6.700M $28.20M $26.70M $6.400M $7.200M
YoY Change 6.83% 34.5% -76.24% 5.62% 317.19% -11.11%
Total Liabilities $1.326B $1.196B $1.087B $891.5M $798.3M $763.8M $671.8M
YoY Change 10.92% 9.97% 21.95% 11.67% 4.52% 13.69%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017
Basic Shares Outstanding 11.49M shares 12.00M shares 12.73M shares 13.41M shares
Diluted Shares Outstanding 10.45M shares 11.06M shares 11.63M shares 12.29M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $162.21 Million

About Richmond Mutual Bancorporation, Inc.

Richmond Mutual Bancorporation, Inc. operates as the holding company of First Bank Richmond. The company is headquartered in Richmond Indiana, Indiana and currently employs 171 full-time employees. The company went IPO on 2019-07-02. The firm's principal business consists of attracting deposits from the general public, as well as brokered deposits, and investing those funds primarily in loans secured by commercial and multi-family real estate, first mortgages on owner-occupied, one-to four-family residences, a variety of consumer loans, direct financing leases and commercial and industrial loans. The company offers a full range of lending products, including multi-family and commercial real estate loans, commercial and industrial loans, construction and development loans, residential real estate loans, including home equity loans and lines of credit, and consumer loans. The company also engages in lease financing, which consists of direct financing leases and is used by its commercial customers to finance purchases of equipment. The company also provides trust and wealth management services.

Industry: State Commercial Banks Peers: CHOICEONE FINANCIAL SERVICES INC Embassy Bancorp, Inc. First Northwest Bancorp First Savings Financial Group, Inc. MIDDLEFIELD BANC CORP PNC FINANCIAL SERVICES GROUP, INC.