Richmond Mutual Bancorporation, Inc. (RMBI) To Go Ex-Dividend on December 4th

Richmond Mutual Bancorporation, Inc. (NASDAQ:RMBI) announced a quarterly dividend on Wednesday, November 19th. Investors of record on Thursday, December 4th will be paid a dividend of 0.15 per share on Thursday, December 18th. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date is Thursday, December 4th.

Richmond Mutual Bancorporation Stock Down 0.8%

RMBI opened at $13.66 on Tuesday. The business has a fifty day moving average of $13.64 and a 200 day moving average of $13.87. The stock has a market cap of $142.75 million, a P/E ratio of 12.89 and a beta of 0.32. Richmond Mutual Bancorporation has a 52-week low of $11.37 and a 52-week high of $15.24.

Richmond Mutual Bancorporation (NASDAQ:RMBI) last released its earnings results on Monday, November 10th. The company reported $0.36 earnings per share for the quarter. The business had revenue of $12.59 million for the quarter. Richmond Mutual Bancorporation had a return on equity of 7.94% and a net margin of 11.90%.

Hedge Funds Weigh In On Richmond Mutual Bancorporation

Several institutional investors have recently bought and sold shares of the business. Police & Firemen s Retirement System of New Jersey purchased a new stake in Richmond Mutual Bancorporation during the second quarter worth $29,000. BNP Paribas Financial Markets grew its stake in Richmond Mutual Bancorporation by 108.7% in the third quarter. BNP Paribas Financial Markets now owns 3,248 shares of the company’s stock valued at $46,000 after purchasing an additional 1,692 shares during the last quarter. Ameritas Advisory Services LLC bought a new position in Richmond Mutual Bancorporation in the second quarter worth about $49,000. JPMorgan Chase & Co. lifted its position in shares of Richmond Mutual Bancorporation by 30,850.0% during the second quarter. JPMorgan Chase & Co. now owns 4,333 shares of the company’s stock valued at $60,000 after buying an additional 4,319 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in shares of Richmond Mutual Bancorporation in the 2nd quarter valued at about $69,000. 26.52% of the stock is owned by hedge funds and other institutional investors.

Richmond Mutual Bancorporation Company Profile

Richmond Mutual Bancorporation, Inc operates as the bank holding company for First Bank Richmond that provides various banking services. It accepts various deposits, including savings deposit accounts, money market accounts, NOW and demand accounts, and certificates of deposit. The company also offers a range of lending products, such as multi-family and commercial real estate loans, commercial and industrial loans, construction and development loans, residential real estate loans, and consumer loans.