How to Buy Richmond Mutual Bancorporation Stock
Richmond Mutual Bancorporation Inc
Richmond Mutual Bancorporation, Inc. operates as a holding company for First Bank Richmond that provides various banking services.
Richmond Mutual Bancorporation stock last closed at $13.00, up 0.39% from the previous day, and has increased 12.85% in one year. It has overperformed other stocks in the Banks - Regional industry by 0.02 percentage points. Richmond Mutual Bancorporation stock is currently +28.08% from its 52-week low of $10.15, and -14.19% from its 52-week high of $15.15.
As of Apr 21, 2025, there are 10.5M RMBI shares outstanding. The market cap of RMBI is $136.44M. In the past 24 hours, 43,331 RMBI shares were traded.
How to Buy Richmond Mutual Bancorporation Stock
Wondering how to invest in Richmond Mutual Bancorporation stock? Here's how.
- Choose where to buy Richmond Mutual Bancorporation stock: You need to pick a stock brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you figure out where to buy Richmond Mutual Bancorporation stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit funds into your brokerage account: Select your payment method and add your information.
- Analyze Richmond Mutual Bancorporation stock: The Richmond Mutual Bancorporation ticker symbol is RMBI. Is Richmond Mutual Bancorporation stock a good investment? Should you buy shares of RMBI? How do RMBI's underlying business fundamentals look? Do top analysts think Richmond Mutual Bancorporation is a good buy? Why has RMBI's stock price moved recently? (Hint: Our stock market research tools can help you decide if RMBI is a good stock to buy).
- Place your RMBI trade: Decide if you will purchase RMBI shares at the current market price or use a limit order to buy RMBI stock at a specific price.
- Get updates on your RMBI investment: Create a watchlist to keep tabs on your position in Richmond Mutual Bancorporation shares.
Step 1: Choose where to buy Richmond Mutual Bancorporation stock
You need a brokerage account in order to access the NASDAQ market and buy RMBI stock.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've picked your brokerage, you'll need to fill out some personal details so you are able to buy RMBI stock today.
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- Submit your information by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you have filled out your info on the highest rated app to buy and sell stocks, your next step is to transfer the money for your investment:
Check out the video below to see the process of transferring money into your new investment account.
Step 4: Analyze Richmond Mutual Bancorporation stock
After you have decided on the best place to buy Richmond Mutual Bancorporation stock, it's crucial to evaluate their stock before you buy, so you truly understand the risk and upside.
Richmond Mutual Bancorporation stock data
Richmond Mutual Bancorporation Due Diligence Score
WallStreetZen was created to help everyday investors perform more accurate fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on RMBI's stock page.
Is RMBI stock overvalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge RMBI's true value.
Using relative valuations methods:
- RMBI may be overvalued based on its P/E ratio of 13.98x, relative to Banks - Regional industry P/E ratio of 13.07x
- RMBI could be undervalued based on its P/B ratio of 1.03x, relative to Banks - Regional industry P/B ratio of 1.07x
- RMBI could be overvalued based on its PEG ratio of 6x
You can do additional valuation research on RMBI's stock here.
A quick look at RMBI Financials
Passed Financial Due Diligence Checks:
- RMBI earnings of $10.86M is not enough to cover its interest payments.
Failed Financial Due Diligence Checks:
- RMBI has a relatively high debt to equity ratio of 10.33.
- RMBI's operating cash flow of $14.75M allows it to safely service it's debt of $265.59M.
- RMBI profit margin has gone down from 22.7% to 21.9% in the past year.
- Total RMBI debt is higher than 5 years ago, relative to shareholder equity.
Metrics for Advanced RMBI Traders
RMBI Growth Numbers
Last year, RMBI earnings were $9.38M. In the past four year, RMBI's earnings have gone up by 3.2% per year. This was slower than the Banks - Regional industry average of 17.78%.
Last year, RMBI revenue was $42.92M. In the past five year, RMBI's revenue has grown by 6.27% per year. This was slower than the Banks - Regional industry average of 10.1%.
Dig into RMBI's earnings and revenue performance here.
Latest Insiders Trades at RMBI
In the past year, insiders at RMBI have bought more shares than they have sold.
E. Michael Blum, Director of RMBI, was the latest RMBI insider to buy. They bought $37,890.00 worth of RMBI stock on Aug 26, 2024.
Dig into more about who owns RMBI shares here.
Can I rely on RMBI as an income stream?
Richmond Mutual Bancorporation pays a dividend of 4.38%, compared to the Banks - Regional industry's average dividend yield of 3.08%. If you owned $1,000 of RMBI stock, you would have been paid $43.85 in the past 12 months.
Richmond Mutual Bancorporation dividend payments have consistently grown over the past 5 years but have not remained stable.
Dig into more info about Richmond Mutual Bancorporation dividend yield and history here.
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Step 5: Place your RMBI trade
You have two main order types:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are usually the easiest way to buy. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a particular dollar amount, place a limit order.
Press the Open Trade button and your broker will execute your order.
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Step 6: Get updates on your RMBI investment
Now that you own some RMBI stock, you'll want to keep up with your stock purchase.
Create a watchlist to track your RMBI stock.
RMBI Feed
How to Buy Stock in Richmond Mutual Bancorporation
To summarize, here are the 6 steps to buy Richmond Mutual Bancorporation stock:
- Choose where to buy Richmond Mutual Bancorporation stock
- Sign up for a brokerage account
- Deposit funds into your brokerage account
- Analyze Richmond Mutual Bancorporation stock
- Place your RMBI trade
- Get updates on your RMBI investment
If you require a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you would like to keep an eye on your investment in Richmond Mutual Bancorporation, click below.
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