Richmond Mutual Bancorporation Stock

Richmond Mutual Bancorporation ROA 2024

Richmond Mutual Bancorporation ROA

0.01

Ticker

RMBI

ISIN

US76525P1003

WKN

A2PNCW

In 2024, Richmond Mutual Bancorporation's return on assets (ROA) was 0.01, a -33.49% increase from the 0.01 ROA in the previous year.

Richmond Mutual Bancorporation Aktienanalyse

What does Richmond Mutual Bancorporation do?

Richmond Mutual Bancorporation Inc is a US financial institution headquartered in Richmond, Indiana. The company's history dates back to 1889 when the Richmond Building and Loan Association was founded, which later became the Richmond Mutual Savings and Loan Association. In 2004, the institution was converted into Richmond Mutual Bancorporation Inc. The business model of Richmond Mutual Bancorporation Inc is based on the principle of deposit business. This means that customers can deposit money with the bank and receive interest in return. At the same time, the bank also grants loans to customers, which in turn affects the business results. As a banking group, the company aims to prioritize customer satisfaction and individually address customer needs. The company operates in various sectors to expand its range of services. The main sector is retail banking, where customers have access to various financial products. This ranges from checking accounts, credit cards, mortgage financing, savings accounts, to securities. The goal of this sector is to offer a wide range of products to individual customers. Another important sector is commercial banking, which primarily serves commercial customers. The services are tailored to the needs of entrepreneurs. Here too, the focus is on lending, investments, and similar offerings. In addition, there are special services for the commercial sector that are tailored to the needs of business customers. The company has also expanded its business field into wealth management as a third sector. This involves the management of assets for private clients, companies, and organizations. The goal is to develop an individual wealth strategy for all customers to achieve the best possible success for them. The products offered by Richmond Mutual Bancorporation Inc are diverse. For example, the company offers various types of loans for individuals and companies. There are both long-term and short-term loans for various occasions. In addition, various savings and investment options are offered. In addition to traditional savings accounts, there are also money market and fixed rate accounts. Investing in securities is also possible. It is particularly noteworthy that the company offers a variety of services to make life easier for its customers. These include mobile banking apps or online banking to be able to make transactions on the go. Another service is personal customer advice. Anyone who has questions or wants to solve a problem can contact customer support at any time. They are available by phone, chat, or email. In summary, Richmond Mutual Bancorporation Inc is an established and trustworthy banking group. The company offers its customers a diverse range of products and services. Personalized consultation is a priority, and customer satisfaction is paramount. Richmond Mutual Bancorporation ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Richmond Mutual Bancorporation's Return on Assets (ROA)

Richmond Mutual Bancorporation's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing Richmond Mutual Bancorporation's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider Richmond Mutual Bancorporation's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in Richmond Mutual Bancorporation’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about Richmond Mutual Bancorporation stock

What is the Return on Assets (ROA) of Richmond Mutual Bancorporation this year?

The Return on Assets (ROA) of Richmond Mutual Bancorporation is 0.01 undefined this year.

What was the ROA of Richmond Mutual Bancorporation compared to the previous year?

The ROA of Richmond Mutual Bancorporation has increased by -33.49% compared to the previous year.

What consequences do high ROA have for investors of Richmond Mutual Bancorporation?

A high ROA is advantageous for investors of Richmond Mutual Bancorporation, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in Richmond Mutual Bancorporation?

A low ROA can be unfavorable for investors of Richmond Mutual Bancorporation as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

How does an increase in the ROA of Richmond Mutual Bancorporation affect the company?

An increase in ROA of Richmond Mutual Bancorporation can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Richmond Mutual Bancorporation impact the company?

A reduction in the ROA of Richmond Mutual Bancorporation can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Richmond Mutual Bancorporation?

Some factors that can influence the ROA of Richmond Mutual Bancorporation include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Richmond Mutual Bancorporation important for investors?

The ROA of Richmond Mutual Bancorporation is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can Richmond Mutual Bancorporation take to improve ROA?

To improve ROA, Richmond Mutual Bancorporation can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

How much dividend does Richmond Mutual Bancorporation pay?

Over the past 12 months, Richmond Mutual Bancorporation paid a dividend of 0.7 USD . This corresponds to a dividend yield of about 5.43 %. For the coming 12 months, Richmond Mutual Bancorporation is expected to pay a dividend of 0.7 USD.

What is the dividend yield of Richmond Mutual Bancorporation?

The current dividend yield of Richmond Mutual Bancorporation is 5.43 %.

When does Richmond Mutual Bancorporation pay dividends?

Richmond Mutual Bancorporation pays a quarterly dividend. This is distributed in the months of December, April, June, October.

How secure is the dividend of Richmond Mutual Bancorporation?

Richmond Mutual Bancorporation paid dividends every year for the past 4 years.

What is the dividend of Richmond Mutual Bancorporation?

For the upcoming 12 months, dividends amounting to 0.7 USD are expected. This corresponds to a dividend yield of 5.43 %.

In which sector is Richmond Mutual Bancorporation located?

Richmond Mutual Bancorporation is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Richmond Mutual Bancorporation kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Richmond Mutual Bancorporation from 9/18/2024 amounting to 0.14 USD, you needed to have the stock in your portfolio before the ex-date on 9/4/2024.

When did Richmond Mutual Bancorporation pay the last dividend?

The last dividend was paid out on 9/18/2024.

What was the dividend of Richmond Mutual Bancorporation in the year 2023?

In the year 2023, Richmond Mutual Bancorporation distributed 0.4 USD as dividends.

In which currency does Richmond Mutual Bancorporation pay out the dividend?

The dividends of Richmond Mutual Bancorporation are distributed in USD.

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Andere Kennzahlen von Richmond Mutual Bancorporation

Our stock analysis for Richmond Mutual Bancorporation Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Richmond Mutual Bancorporation Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.