Latest Ratios: P/E Ratio 13.8x · EV/EBITDA 25.2x · ROE 8.3%. (2017–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $158M | $138M | $145M | $120M | $144M | $187M | $168M | $199M | — | — |
| Enterprise Value | $375M | $355M | $388M | $371M | $307M | $344M | $289M | $312M | — | — |
| P/E Ratio → | 13.80 | 12.00 | 15.38 | 12.65 | 11.12 | 16.72 | 16.66 | — | — | — |
| P/S Ratio | 1.74 | 1.52 | 1.70 | 1.67 | 2.54 | 3.65 | 3.39 | 4.40 | — | — |
| P/B Ratio | 1.09 | 0.95 | 1.09 | 0.89 | 1.09 | 1.03 | 0.87 | 1.06 | — | — |
| P/FCF | 10.81 | 9.45 | 10.13 | 10.46 | 8.09 | — | 11.42 | 21.77 | — | — |
| P/OCF | 9.89 | 8.65 | 9.81 | 9.93 | 7.92 | — | 10.13 | 19.70 | — | — |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 3.90 | 4.56 | 5.17 | 5.43 | 6.71 | 5.84 | 6.90 | — | — |
| EV / EBITDA | 25.19 | 23.85 | 32.56 | 30.43 | 18.05 | 22.73 | 20.70 | — | — | — |
| EV / EBIT | 26.65 | 25.24 | 35.69 | 33.72 | 19.52 | 25.31 | 23.13 | — | — | — |
| EV / FCF | — | 24.29 | 27.13 | 32.28 | 17.30 | — | 19.67 | 34.18 | — | — |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 51.8% | 51.8% | 50.2% | 57.8% | 80.9% | 82.2% | 73.4% | 69.6% | 76.1% | 80.0% |
| Operating Margin | 15.5% | 15.5% | 12.8% | 15.3% | 27.8% | 26.5% | 25.2% | -42.8% | 17.7% | 17.2% |
| Net Profit Margin | 12.7% | 12.7% | 11.0% | 13.2% | 22.9% | 21.8% | 20.2% | -31.1% | 14.4% | 8.2% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 8.3% | 8.3% | 7.0% | 7.1% | 8.3% | 6.0% | 5.3% | -10.3% | 6.8% | 3.3% |
| ROA | 0.8% | 0.8% | 0.6% | 0.7% | 1.0% | 0.9% | 1.0% | -1.5% | 0.7% | 0.4% |
| ROIC | 2.7% | 2.7% | 2.0% | 2.3% | 3.5% | 2.8% | 2.7% | -5.2% | 2.6% | 2.3% |
| ROCE | 3.5% | 3.5% | 2.6% | 3.0% | 4.6% | 3.6% | 3.3% | -6.5% | 3.3% | 2.9% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.73 | 1.73 | 1.99 | 2.01 | 1.36 | 1.00 | 0.88 | 0.82 | 1.59 | 1.27 |
| Debt / EBITDA | 16.94 | 16.94 | 22.26 | 22.23 | 10.57 | 11.91 | 12.18 | — | 16.87 | 15.05 |
| Net Debt / Equity | — | 1.49 | 1.83 | 1.86 | 1.24 | 0.87 | 0.63 | 0.60 | 1.41 | 1.07 |
| Net Debt / EBITDA | 14.57 | 14.57 | 20.40 | 20.57 | 9.60 | 10.38 | 8.68 | — | 15.01 | 12.68 |
| Debt / FCF | — | 14.84 | 17.00 | 21.81 | 9.20 | — | 8.25 | 12.41 | 16.98 | 15.43 |
| Interest Coverage | 0.33 | 0.33 | 0.26 | 0.37 | 1.54 | 1.77 | 1.33 | -1.74 | 0.90 | 1.08 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.26 | 0.26 | 0.16 | 0.44 | 0.44 | 0.57 | 0.60 | 0.57 | 0.40 | 0.42 |
| Quick Ratio | 0.26 | 0.26 | 0.16 | 0.44 | 0.44 | 0.57 | 0.60 | 0.57 | 0.40 | 0.42 |
| Cash Ratio | 0.03 | 0.03 | 0.02 | 0.02 | 0.02 | 0.03 | 0.07 | 0.07 | 0.02 | 0.03 |
| Asset Turnover | — | 0.06 | 0.06 | 0.05 | 0.04 | 0.04 | 0.05 | 0.05 | 0.05 | 0.04 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 3.7% | 4.2% | 3.9% | 4.9% | 3.1% | 5.0% | 1.1% | — | — | — |
| Payout Ratio | 50.4% | 50.4% | 60.8% | 62.4% | 34.0% | 83.2% | 18.4% | — | 8.8% | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 7.2% | 8.3% | 6.5% | 7.9% | 9.0% | 6.0% | 6.0% | — | — | — |
| FCF Yield | 9.2% | 10.6% | 9.9% | 9.6% | 12.4% | — | 8.8% | 4.6% | — | — |
| Buyback Yield | 3.6% | 4.1% | 3.5% | 5.2% | 6.9% | 6.4% | 5.4% | 0.0% | — | — |
| Total Shareholder Yield | 7.2% | 8.3% | 7.4% | 10.1% | 9.9% | 11.4% | 6.5% | 0.0% | — | — |
| Shares Outstanding | — | $10M | $10M | $10M | $11M | $12M | $12M | $12M | $13M | $13M |
CRE concentration refinancing risk
According to recent market data, RMBI trades at a P/B ratio of 1.09, which suggests that investors view the bank as a commodity balance sheet rather than a premium franchise, especially when compared to the higher valuation multiples commanded by regional peers like Lakeland Financial.
The current P/B multiple indicates that the market is not assigning a significant premium to the bank's specialized lease financing niche. This valuation level implies that investors are likely discounting the bank's concentrated geographic footprint and the potential for earnings volatility stemming from its commercial real estate exposure.
Based on the reported quarterly figures, RMBI's ROE has remained in a narrow 1.5% to 2.6% range, indicating that profitability is currently constrained by a low net interest margin and limited non-interest income contribution relative to the bank's total asset base.
The DuPont decomposition suggests that the bank's profitability is heavily reliant on asset utilization, as the NIM has struggled to exceed 0.8% over the last ten quarters. Investors should monitor whether the bank can improve its non-interest income contribution to offset the structural limitations of its interest-earning asset yields.
As reported in financial statements, RMBI has successfully improved its efficiency ratio from 40.4% in 2023Q4 to 38.8% in 2026Q1, demonstrating that management is effectively controlling non-interest expenses despite the persistent pressure on net interest margins observed throughout the recent ten-quarter period.
While the efficiency ratio trend is positive, the stagnation of the NIM between 0.6% and 0.8% suggests that the bank's funding costs are closely tracking asset yields. This indicates that the bank may lack the pricing power necessary to expand margins in the current competitive Midwest lending environment.
Based on the bank's quarterly filings, the equity-to-assets ratio has remained consistently between 0.09 and 0.10, which indicates a stable capital position that provides a sufficient buffer for the bank's $1.5 billion asset base against potential credit or market shocks.
This capital adequacy level appears appropriate for a regional institution with a significant investment securities portfolio. However, the lack of aggressive capital return programs suggests that management is prioritizing the maintenance of this capital cushion over immediate shareholder distributions.
Investors should note that the P/E ratio is a frequently misapplied metric for RMBI, as it fails to account for the significant volatility in loan loss provisions and the non-recurring nature of certain fee-based income streams that can distort quarterly earnings results.
Relying on P/E ratios may lead to an inaccurate assessment of the bank's core earnings power, as it ignores the impact of CECL-driven provision volatility. Analysts should instead focus on P/TBV and normalized ROTCE to better evaluate the bank's underlying franchise value and capital efficiency.
Includes 30+ ratios · 9 years · Updated daily
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Quick answers to the most common questions about buying RMBI stock.
Richmond Mutual Bancorporation, Inc.'s current P/E ratio is 13.8x. The historical average is 14.1x. This places it at the 50th percentile of its historical range.
Richmond Mutual Bancorporation, Inc.'s current EV/EBITDA is 25.2x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 24.7x.
Richmond Mutual Bancorporation, Inc.'s return on equity (ROE) is 8.3%. The historical average is 4.6%.
Based on historical data, Richmond Mutual Bancorporation, Inc. is trading at a P/E of 13.8x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Richmond Mutual Bancorporation, Inc.'s current dividend yield is 3.67% with a payout ratio of 50.4%.
Richmond Mutual Bancorporation, Inc. has 51.8% gross margin and 15.5% operating margin. Operating margin between 10-20% is typical for established companies.
Richmond Mutual Bancorporation, Inc.'s Debt/EBITDA ratio is 16.9x, indicating high leverage. A ratio above 4x may signal elevated financial risk.