Richmond Mutual Bancorporation Inc
Richmond Mutual Bancorporation, Inc. operates as the bank holding company for First Bank Richmond that provides various banking services in Cambridge City. 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 … Read more
Richmond Mutual Bancorporation Inc (RMBI) - Total Assets
Latest total assets as of December 2025: $1.52 Billion USD
Based on the latest financial reports, Richmond Mutual Bancorporation Inc (RMBI) holds total assets worth $1.52 Billion USD as of December 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Richmond Mutual Bancorporation Inc - Total Assets Trend (2017–2024)
This chart illustrates how Richmond Mutual Bancorporation Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Richmond Mutual Bancorporation Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Richmond Mutual Bancorporation Inc's total assets of $1.52 Billion consist of 11.9% current assets and 88.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.5% |
| Accounts Receivable | $151.66 Million | 10.1% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $1.95 Million | 0.1% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2017–2024)
This chart illustrates how Richmond Mutual Bancorporation Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Richmond Mutual Bancorporation Inc's current assets represent 11.9% of total assets in 2024, a decrease from 31.4% in 2017.
- Cash Position: Cash and equivalents constituted 1.5% of total assets in 2024, down from 2.2% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2017.
- Asset Diversification: The largest asset category is accounts receivable at 10.1% of total assets.
Richmond Mutual Bancorporation Inc Competitors by Total Assets
Key competitors of Richmond Mutual Bancorporation Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Ping An Bank Co Ltd
SHE:000001
|
China | CN¥5.77 Trillion |
|
Bank of Ningbo Co Ltd
SHE:002142
|
China | CN¥3.58 Trillion |
|
Bank of Zhengzhou Co Ltd Class A
SHE:002936
|
China | CN¥743.55 Billion |
|
Qingdao Rural Commercial Bank Corp Class A
SHE:002958
|
China | CN¥509.92 Billion |
|
Bank of Suzhou
SHE:002966
|
China | CN¥776.04 Billion |
|
Jeju Bank
KO:006220
|
Korea | ₩7.72 Trillion |
|
Industrial Bank Of Korea
KO:024110
|
Korea | ₩490.11 Trillion |
|
Hana Financial
KO:086790
|
Korea | ₩659.08 Trillion |
Richmond Mutual Bancorporation Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Richmond Mutual Bancorporation Inc generates 0.06x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Richmond Mutual Bancorporation Inc generates $ 0.62 in net profit.
Richmond Mutual Bancorporation Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.25 | 0.40 | 0.60 |
| Quick Ratio | 0.25 | 0.40 | 0.60 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-840.77 Million | $ -652.48 Million | $ -278.12 Million |
Richmond Mutual Bancorporation Inc - Advanced Valuation Insights
This section examines the relationship between Richmond Mutual Bancorporation Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.99 |
| Latest Market Cap to Assets Ratio | 0.06 |
| Asset Growth Rate (YoY) | 3.0% |
| Total Assets | $1.50 Billion |
| Market Capitalization | $97.48 Million USD |
Valuation Analysis
Below Book Valuation: The market values Richmond Mutual Bancorporation Inc's assets below their book value (0.06 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Richmond Mutual Bancorporation Inc's assets grew by 3.0% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Richmond Mutual Bancorporation Inc (2017–2024)
The table below shows the annual total assets of Richmond Mutual Bancorporation Inc from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $1.50 Billion | +3.00% |
| 2023-12-31 | $1.46 Billion | +10.01% |
| 2022-12-31 | $1.33 Billion | +4.76% |
| 2021-12-31 | $1.27 Billion | +16.92% |
| 2020-12-31 | $1.08 Billion | +9.95% |
| 2019-12-31 | $986.04 Million | +16.06% |
| 2018-12-31 | $849.62 Million | +12.74% |
| 2017-12-31 | $753.62 Million | -- |