Barclays PLC Grows Stock Holdings in Richmond Mutual Bancorporation, Inc. (NASDAQ:RMBI)

Barclays PLC increased its position in shares of Richmond Mutual Bancorporation, Inc. (NASDAQ:RMBI) by 13.1% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 10,513 shares of the company’s stock after buying an additional 1,218 shares during the quarter. Barclays PLC owned about 0.10% of Richmond Mutual Bancorporation worth $136,000 at the end of the most recent reporting period.

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

Richmond Mutual Bancorporation Stock Down 3.8 %

NASDAQ:RMBI opened at $12.76 on Thursday. The company has a fifty day simple moving average of $13.89 and a two-hundred day simple moving average of $12.95. The company has a market cap of $139.20 million, a price-to-earnings ratio of 14.84 and a beta of 0.64. Richmond Mutual Bancorporation, Inc. has a 52 week low of $10.11 and a 52 week high of $15.15.

Richmond Mutual Bancorporation Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, December 19th. Investors of record on Thursday, December 5th were given a $0.14 dividend. The ex-dividend date of this dividend was Thursday, December 5th. This represents a $0.56 dividend on an annualized basis and a yield of 4.39%. Richmond Mutual Bancorporation’s dividend payout ratio (DPR) is presently 65.12%.

About Richmond Mutual Bancorporation

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.