Richmond Mutual Bancorporation, Inc. (RMBI)

Richmond Mutual Bancorporation, Inc. operates as the holding company of First Bank Richmond. It aims to own all of the outstanding shares of capital stock of First Bank Richmond The bank company was founded in 1887 and the bank holding was formed in February 2019 and is headquartered in Richmond, IN.

Address

31 N. 9TH STREET
RICHMOND, IN 47374

Founded

1887

Number of Employees

176

Buyback

Buyback Data 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
$ Amount Purchased
($ in 000s)
- - - - - - $9,081 $11,914 $9,860 $6,250 $2,209 $7,863
Average Price - - - - - - $11.61 $14.47 $16.01 $10.86 $11.63 $13.16
# Shares Purchased - - - - - - 781,951 823,637 615,949 575,746 189,928 597,442
Buyback Performance 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
Total Return to Date - - - - - - 3.3% -17.0% -25.0% 10.5% 3.2% -8.8%
S&P 500 Return to Date - - - - - - 75.5% 32.2% 37.8% 31.9% 8.1% 37.1%
Excess Total Return - - - - - - -72.2% -49.2% -62.9% -21.3% -5.0% -45.9%
Quartile Rank
Percentile Rank - - - - - - 30% 32% 22% 48% 42% 35%
Buyback returns calculated using weighted average buyback price over the last 10 years and comparing to current day stock price value. S&P 500 used as benchmark for excess return.