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Richmond Mutual Bancorp (Richmond Mutual Bancorp) Net Margin % : 18.57% (As of Dec. 2023)


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What is Richmond Mutual Bancorp Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Richmond Mutual Bancorp's Net Income for the three months ended in Dec. 2023 was $1.94 Mil. Richmond Mutual Bancorp's Revenue for the three months ended in Dec. 2023 was $10.46 Mil. Therefore, Richmond Mutual Bancorp's net margin for the quarter that ended in Dec. 2023 was 18.57%.

The historical rank and industry rank for Richmond Mutual Bancorp's Net Margin % or its related term are showing as below:

RMBI' s Net Margin % Range Over the Past 10 Years
Min: -41.32   Med: 22.55   Max: 27.96
Current: 22.55


RMBI's Net Margin % is ranked worse than
59.44% of 1457 companies
in the Banks industry
Industry Median: 25.33 vs RMBI: 22.55

Richmond Mutual Bancorp Net Margin % Historical Data

The historical data trend for Richmond Mutual Bancorp's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Richmond Mutual Bancorp Net Margin % Chart

Richmond Mutual Bancorp Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial -41.32 24.96 25.60 27.96 22.55

Richmond Mutual Bancorp Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 27.81 26.60 25.74 19.04 18.57

Competitive Comparison of Richmond Mutual Bancorp's Net Margin %

For the Banks - Regional subindustry, Richmond Mutual Bancorp's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Richmond Mutual Bancorp's Net Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Richmond Mutual Bancorp's Net Margin % distribution charts can be found below:

* The bar in red indicates where Richmond Mutual Bancorp's Net Margin % falls into.



Richmond Mutual Bancorp Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Richmond Mutual Bancorp's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=9.487/42.069
=22.55 %

Richmond Mutual Bancorp's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=1.942/10.459
=18.57 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Richmond Mutual Bancorp  (NAS:RMBI) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Richmond Mutual Bancorp Net Margin % Related Terms

Thank you for viewing the detailed overview of Richmond Mutual Bancorp's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Richmond Mutual Bancorp (Richmond Mutual Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
31 North 9th Street, Richmond, IN, USA, 47374
Richmond Mutual Bancorp Inc is a United States-based banking company. Its principal business consists of attracting deposits from the general public & brokered deposits and investing those funds primarily in loans secured by commercial and multi-family real estate, first mortgages on owner-occupied, one-to four-family residences, a variety of consumer loans, direct financing leases, and commercial and industrial loans.
Executives
Hanley Harold T. Iii director RICHMOND MUTUAL BANCORPORATION, INC., 31 N. 9TH STREET, RICHMOND IN 47374
M. Lynn Wetzel director RICHMOND MUTUAL BANCORPORATION, INC., 31 N. 9TH STREET, RICHMOND IN 47374
Kathryn Cruz-uribe director RICHMOND MUTUAL BANCORPORATION, INC., 31 N. 9TH STREET, RICHMOND IN 47374
E. Michael Blum director RICHMOND MUTUAL BANCORPORATION, INC., 31 N. 9TH STREET, RICHMOND IN 47374
Jeffrey A. Jackson director RICHMOND MUTUAL BANCORPORATION, INC., 31 N. 9TH STREET, RICHMOND IN 47374
Bradley M. Glover officer: Acting CFO RICHMOND MUTUAL BANCORPORATION, 31 NORTH 9TH STREET, RICHMOND IN 47374
Donald A Benziger officer: EVP, CFO RICHMOND MUTUAL BANCORPORATION, INC., 31 N. 9TH STREET, RICHMOND IN 47374
Alan M. Spears officer: Senior Vice President, Trust RICHMOND MUTUAL BANCORPORATION, INC., 31 N. 9TH STREET, RICHMOND IN 47374
Robin S. Weinert officer: SVP Operations/Retail Banking RICHMOND MUTUAL BANCORPORATION, INC., 31 N. 9TH STREET, RICHMOND IN 47374
Lindley S. Mann director RICHMOND MUTUAL BANCORPORATION, INC., 31 N. 9TH STREET, RICHMOND IN 47374
Garry D. Kleer officer: President, CEO RICHMOND MUTUAL BANCORPORATION, INC., 31 N. 9TH STREET, RICHMOND IN 47374
Stevens W. Ray Iii director RICHMOND MUTUAL BANCORPORATION, INC., 31 N. 9TH STREET, RICHMOND IN 47374
Dean W. Weinert officer: President, Mutual Federal RICHMOND MUTUAL BANCORPORATION, INC., 31 N. 9TH STREET, RICHMOND IN 47374
Fullerton Albert E. Jr. officer: SVP, Chief Information Officer RICHMOND MUTUAL BANCORPORATION, INC., 31 N. 9TH STREET, RICHMOND IN 47374
Pamela S. Stoops officer: SVP, Retail Lending Manager RICHMOND MUTUAL BANCORPORATION, INC., 31 N. 9TH STREET, RICHMOND IN 47374

Richmond Mutual Bancorp (Richmond Mutual Bancorp) Headlines