Richmond Mutual Bancorporation, Inc. (RMBI)
Richmond Mutual Bancorporation, Inc. operates in the Banks - Regional industry of the Financial Services sector, headquartered in Richmond, IN, US. The stock last traded at $16.09, up 0.09% on the session, giving a market capitalisation of $257.9M. On trailing twelve-month figures it carries a trailing P/E of 12.97, a net margin of 13.0%. Its beta of 0.30 implies it has historically moved less than the broad market.
Richmond Mutual Bancorporation, Inc. serves as the parent organization for First Bank Richmond, offering a diverse array of banking and financial services. The company facilitates various deposit accounts, including savings, money market, NOW, demand deposit, and certificates of deposit. Its lending portfolio encompasses numerous loan types, such as multi-family and commercial real estate, commercial and industrial, construction and development, residential real estate, and consumer loans. Additionally, it engages in lease financing and provides fee-based financial services, including trust and estate administration, investment management, retirement plan administration, and private banking. Established in 1887 and headquartered in Richmond, Indiana, the firm operates through 12 full-service and one limited-service banking offices, with eight located across Indiana and five in Ohio. A loan production office in Columbus, Ohio, further extends its reach.
Richmond Mutual Bancorporation, Inc. is most often compared with the following Financial Services names: