Richmond Mutual Bancorporation Inc (RMBI) - Net Assets
Based on the latest financial reports, Richmond Mutual Bancorporation Inc (RMBI) has net assets worth $144.91 Million USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.52 Billion) and total liabilities ($1.37 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Richmond Mutual Bancorporation Inc (RMBI) tangible net worth to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $144.91 Million |
| % of Total Assets | 9.54% |
| Annual Growth Rate | 7.49% |
| 5-Year Change | -19.23% |
| 10-Year Change | N/A |
| Growth Volatility | 41.29 |
Richmond Mutual Bancorporation Inc - Net Assets Trend (2017–2025)
This chart illustrates how Richmond Mutual Bancorporation Inc's net assets have evolved over time, based on quarterly financial data. See Richmond Mutual Bancorporation Inc (RMBI) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Richmond Mutual Bancorporation Inc (2017–2025)
The table below shows the annual net assets of Richmond Mutual Bancorporation Inc from 2017 to 2025. For live valuation and market cap data, see RMBI company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $145.78 Million | +9.72% |
| 2024-12-31 | $132.87 Million | -1.47% |
| 2023-12-31 | $134.86 Million | +1.87% |
| 2022-12-31 | $132.38 Million | -26.65% |
| 2021-12-31 | $180.48 Million | -6.35% |
| 2020-12-31 | $192.71 Million | +2.62% |
| 2019-12-31 | $187.79 Million | +118.73% |
| 2018-12-31 | $85.85 Million | +4.96% |
| 2017-12-31 | $81.80 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Richmond Mutual Bancorporation Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 35.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $97.32 Million | 66.76% |
| Common Stock | $105.01K | 0.07% |
| Other Comprehensive Income | $-34.56 Million | -23.71% |
| Other Components | $82.91 Million | 56.87% |
| Total Equity | $145.78 Million | 100.00% |
Richmond Mutual Bancorporation Inc Competitors by Market Cap
The table below lists competitors of Richmond Mutual Bancorporation Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Elektrotim SA
WAR:ELT
|
$143.69 Million |
|
Financiera Independencia S.A.B. de C.V. SOFOM E.N.R
MX:FINDEP
|
$143.73 Million |
|
Wellcall Holdings Bhd
KLSE:7231
|
$143.77 Million |
|
Fiamma Holdings Bhd
KLSE:6939
|
$143.79 Million |
|
Limes Schlosskliniken AG
XETRA:LIK
|
$143.66 Million |
|
ATEME SA
PA:ATEME
|
$143.58 Million |
|
Ikegps Group Ltd
AU:IKE
|
$143.53 Million |
|
WhiteHorse Finance
NASDAQ:WHF
|
$143.41 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Richmond Mutual Bancorporation Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 132,871,760 to 145,781,100, a change of 12,909,340 (9.7%).
- Net income of 11,576,004 contributed positively to equity growth.
- Dividend payments of 5,835,148 reduced retained earnings.
- Share repurchases of 5,633,659 reduced equity.
- Other comprehensive income increased equity by 11,247,512.
- Other factors increased equity by 1,554,631.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $11.58 Million | +7.94% |
| Dividends Paid | $5.84 Million | -4.0% |
| Share Repurchases | $5.63 Million | -3.86% |
| Other Comprehensive Income | $11.25 Million | +7.72% |
| Other Changes | $1.55 Million | +1.07% |
| Total Change | $- | 9.72% |
Book Value vs Market Value Analysis
This analysis compares Richmond Mutual Bancorporation Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.99x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 2.35x to 0.99x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | $6.28 | $14.75 | x |
| 2018-12-31 | $6.59 | $14.75 | x |
| 2019-12-31 | $15.07 | $14.75 | x |
| 2020-12-31 | $15.69 | $14.75 | x |
| 2021-12-31 | $15.52 | $14.75 | x |
| 2022-12-31 | $11.97 | $14.75 | x |
| 2023-12-31 | $12.90 | $14.75 | x |
| 2024-12-31 | $12.99 | $14.75 | x |
| 2025-12-31 | $14.82 | $14.75 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Richmond Mutual Bancorporation Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 7.94%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.74%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 10.47x
- Recent ROE (7.94%) is above the historical average (5.07%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 3.32% | 8.22% | 0.04x | 9.21x | $-5.46 Million |
| 2018 | 6.61% | 14.42% | 0.05x | 9.90x | $-2.91 Million |
| 2019 | -7.50% | -31.13% | 0.05x | 5.25x | $-32.86 Million |
| 2020 | 5.20% | 20.22% | 0.05x | 5.63x | $-9.25 Million |
| 2021 | 6.18% | 21.76% | 0.04x | 7.02x | $-6.90 Million |
| 2022 | 9.79% | 22.91% | 0.04x | 10.03x | $-273.46K |
| 2023 | 7.03% | 13.21% | 0.05x | 10.83x | $-4.00 Million |
| 2024 | 7.06% | 11.03% | 0.06x | 11.33x | $-3.91 Million |
| 2025 | 7.94% | 12.74% | 0.06x | 10.47x | $-3.00 Million |
Industry Comparison
This section compares Richmond Mutual Bancorporation Inc's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $730,659,300
- Average return on equity (ROE) among peers: 8.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Richmond Mutual Bancorporation Inc (RMBI) | $144.91 Million | 3.32% | 9.48x | $143.67 Million |
| Ameris Bancorp (ABCB) | $148.70 Million | 9.23% | 10.41x | $4.95 Billion |
| Ameris Bancorp (ABCB) | $71.80 Million | 9.61% | 9.10x | $5.85 Billion |
| ACNB Corporation (ACNB) | $2.50 Billion | 0.74% | 0.02x | $483.21 Million |
| Affinity Bancshares Inc (AFBI) | $43.92 Million | 3.67% | 4.15x | $137.20 Million |
| Alerus Financial Corp (ALRS) | $356.87 Million | 11.21% | 9.59x | $736.27 Million |
| Amalgamated Bank (AMAL) | $508.95 Million | 16.01% | 14.41x | $1.27 Billion |
| Amerant Bancorp Inc. (AMTB) | $938.80 Million | 5.58% | 9.41x | $979.96 Million |
| Arrow Financial Corporation (AROW) | $301.73 Million | 12.42% | 9.55x | $622.98 Million |
| Associated Banc-Corp (ASB) | $2.32 Billion | 13.77% | 8.51x | $5.45 Billion |
| AmeriServ Financial Inc (ASRV) | $112.35 Million | 5.82% | 7.71x | $62.43 Million |
About Richmond Mutual Bancorporation Inc
Richmond Mutual Bancorporation, Inc. operates as the bank holding company for First Bank Richmond that provides various banking services. The company accepts various deposits, including savings deposit accounts, money market accounts, NOW and demand accounts, and certificates of deposit. It also offers a range of lending products, such as multi-family and commercial real estate loans, commercial … Read more