Richmond Mutual Bancorporation, Inc. (NASDAQ:RMBI) Shares Acquired by Barclays PLC

Barclays PLC lifted its holdings in Richmond Mutual Bancorporation, Inc. (NASDAQ:RMBI) by 13.1% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 10,513 shares of the company’s stock after buying an additional 1,218 shares during the quarter. Barclays PLC’s holdings in Richmond Mutual Bancorporation were worth $136,000 as of its most recent filing with the SEC.

Separately, Stifel Financial Corp raised its position in shares of Richmond Mutual Bancorporation by 19.9% during the 3rd quarter. Stifel Financial Corp now owns 109,984 shares of the company’s stock worth $1,419,000 after buying an additional 18,254 shares in the last quarter. Hedge funds and other institutional investors own 26.52% of the company’s stock.

Richmond Mutual Bancorporation Price Performance

Shares of RMBI opened at $12.76 on Thursday. The firm’s 50 day moving average is $13.89 and its 200-day moving average is $12.95. The stock has a market capitalization of $139.20 million, a P/E ratio of 14.84 and a beta of 0.64. Richmond Mutual Bancorporation, Inc. has a 12-month low of $10.11 and a 12-month high of $15.15.

Richmond Mutual Bancorporation Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, December 19th. Stockholders of record on Thursday, December 5th were issued a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 4.39%. The ex-dividend date of this dividend was Thursday, December 5th. Richmond Mutual Bancorporation’s dividend payout ratio is currently 65.12%.

Richmond Mutual Bancorporation Profile

Richmond Mutual Bancorporation, Inc operates as the bank holding company for First Bank Richmond that provides various banking services. 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 loans, commercial and industrial loans, construction and development loans, residential real estate loans, and consumer loans.