River Financial Corp - Understand $rvrf stock

$RVRF Market Cap: $228.3 Million

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$115.3M

TTM

Gross Margin

Net Earnings

$27.45M

TTM

Current Assets

Current Liabilities

$29.44M

Q2 2024

Current Ratio

Total Assets

$3.424B

Q2 2024

Total Liabilities

$3.212B

Q2 2024

Book Value

$212.4M

Q2 2024

Cash

$176.5M

Q2 2024

P/E

8.318

Oct 17, 2024 EST

Free Cash Flow

$25.86M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Revenue	$132.3M	$88.87M	$71.80M	$63.41M	$48.83M	$36.69M	$32.17M	$30.31M	$16.34M	$15.47M
YoY Change	48.82%	23.78%	13.23%	29.86%	33.1%	14.03%	6.14%	85.54%	5.57%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Revenue	$132.3M	$88.87M	$71.80M	$63.41M	$48.83M	$36.69M	$32.17M	$30.31M	$16.34M	$15.47M
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$2.882M	$2.029M	$1.510M	$1.477M	$1.349M	$1.055M	$946.0K	$849.0K	$524.0K	$514.0K
YoY Change	42.04%	34.37%	2.23%	9.49%	27.87%	11.52%	11.43%	62.02%	1.95%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Interest Expense	$52.95M	$9.985M	$5.649M	$8.132M	$8.500M	$4.681M	$2.620M	$2.353M	$1.221M
YoY Change	430.32%	76.76%	-30.53%	-4.33%	81.59%	78.66%	11.35%	92.71%
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Pretax Income	$33.59M	$35.88M	$32.20M	$21.69M	$14.58M	$10.89M	$12.81M	$11.41M	$3.635M	$5.000M
YoY Change	-6.38%	11.42%	48.49%	48.69%	33.93%	-15.02%	12.33%	213.81%	-27.3%
Income Tax	$6.848M	$7.948M	$7.163M	$4.595M	$3.470M	$2.383M	$4.519M	$3.504M	$1.266M	$1.520M
% Of Pretax Income	20.39%	22.15%	22.25%	21.19%	23.79%	21.88%	35.27%	30.72%	34.83%	30.4%
Net Earnings	$26.74M	$27.93M	$25.04M	$17.09M	$11.11M	$8.506M	$8.295M	$7.903M	$2.369M	$3.480M
YoY Change	-4.26%	11.56%	46.5%	53.77%	30.66%	2.54%	4.96%	233.6%	-31.93%
Net Earnings / Revenue	20.22%	31.43%	34.87%	26.95%	22.76%	23.19%	25.78%	26.07%	14.5%	22.49%
Basic Earnings Per Share	$3.84	$4.21	$3.83	$2.63	$1.91	$1.63	$1.63	$1.57	$0.79
Diluted Earnings Per Share	$3.79	$4.14	$3.79	$2.60	$1.88	$1.60	$1.60	$1.55	$0.76	$1.130M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
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	$48.46M	$43.80M	$40.00M	$34.10M	$31.60M	$26.80M	$21.80M	$21.50M	$20.60M	$12.70M
YoY Change	10.64%	9.5%	17.3%	7.91%	17.91%	22.94%	1.4%	4.37%	62.2%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$13.43M	$5.700M	$1.500M
YoY Change	135.67%	280.0%
Other Assets	$29.90M	$30.50M	$6.300M	$1.600M	$800.0K	$1.200M	$2.000M	$3.400M	$2.400M	$100.0K
YoY Change	-1.96%	384.13%	293.75%	100.0%	-33.33%	-40.0%	-41.18%	41.67%	2300.0%
Total Long-Term Assets
YoY Change
Total Assets	$3.235B	$2.833B	$2.396B	$1.865B	$1.364B	$1.071B	$823.3M	$810.4M	$718.0M	$446.7M
YoY Change
Accounts Payable	$12.14M	$9.700M	$9.300M	$7.100M	$10.10M	$5.300M	$3.100M	$3.600M	$4.800M	$800.0K
YoY Change	25.2%	4.3%	30.99%	-29.7%	90.57%	70.97%	-13.89%	-25.0%	500.0%
Accrued Expenses	$3.407M	$3.700M	$3.400M	$1.700M
YoY Change	-7.92%	8.82%	100.0%
Deferred Revenue
YoY Change
Short-Term Debt	$16.73M	$33.20M	$9.800M	$13.70M	$8.700M	$8.000M	$15.00M	$13.00M	$10.20M	$8.000M
YoY Change	-49.61%	238.78%	-28.47%	57.47%	8.75%	-46.67%	15.38%	27.45%	27.5%
Long-Term Debt Due				$3.600M	$3.400M	$3.200M
YoY Change				5.88%	6.25%
Total Short-Term Liabilities	$32.28M	$46.60M	$22.50M	$26.10M	$22.20M	$16.50M	$18.10M	$16.60M	$15.00M	$8.800M
YoY Change	-30.73%	107.11%	-13.79%	17.57%	34.55%	-8.84%	9.04%	10.67%	70.45%
Long-Term Debt	$39.49M	$39.40M	$39.30M	$16.80M	$20.40M	$23.80M	$5.400M	$6.400M	$7.300M	$0.00
YoY Change	0.23%	0.25%	133.93%	-17.65%	-14.29%	340.74%	-15.63%	-12.33%
Other Long-Term Liabilities	$4.483M	$4.200M	$3.100M	$1.700M	$1.800M	$1.300M	$1.000M
YoY Change	6.74%	35.48%	82.35%	-5.56%	38.46%	30.0%
Total Long-Term Liabilities	$43.98M	$43.60M	$42.40M	$18.50M	$22.20M	$25.10M	$6.400M	$6.400M	$7.300M	$0.00
YoY Change	0.86%	2.83%	129.19%	-16.67%	-11.55%	292.19%	0.0%	-12.33%
Total Liabilities	$3.037B	$2.699B	$2.216B	$1.698B	$1.219B	$960.3M	$734.3M	$728.0M	$643.1M	$402.7M
YoY Change	12.5%	21.81%	30.5%	39.35%	26.91%	30.78%	0.87%	13.2%	59.7%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Basic Shares Outstanding	6.970M	6.641M	6.538M	6.498M	5.834M	5.217M	5.095M	5.024M	2.996M	2.992M
Diluted Shares Outstanding	7.065M	6.749M	6.613M	6.571M	5.928M	5.311M	5.180M	5.088M	3.105M	3.078M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $228.33 Million

About River Financial Corp

River Financial Corp. is a bank holding company, which engages in the provision of commercial banking services. The company is headquartered in Prattville, Alabama and currently employs 328 full-time employees. The company went IPO on 2017-01-04. The firm operates one subsidiary bank, River Bank & Trust. The firm is engaged in the business of banking, which consists of accepting deposits from the public and making loans and other investments. The company offers a range of lending services, including real estate, consumer, and commercial loans, to individuals, small businesses, and other organizations located in or conducting a substantial portion of their business in its market areas. Its consumer lending includes installment lending to individuals in its market areas and generally consists of loans to purchase automobiles and other consumer durable goods. The company offers electronic banking services to its customers, including commercial and retail online banking, automated bill payment, mobile banking, and remote deposit capture for certain customers. The firm operates approximately 23 full-service banking offices. The company also has one loan production office in Florence, Alabama.

Industry: State Commercial Banks Peers: Bankwell Financial Group Inc Colony Bankcorp Inc Fidelity D&D Bancorp Inc First Guaranty Bancshares Inc Norwood Financial Corp Northrim BanCorp Inc Orange County Bancorp Inc PNC Financial Services Group Inc Southern States Bancshares Inc