Richmond Mutual Bancorporation is a bank holding company. Through its subsidiaries, Co. is engaged in the business of accepting deposits from the general public, as well as 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, consumer loans, direct financing leases and commercial and industrial loans. Co. also obtain funds by utilizing Federal Home Loan Bank advances. Co. provides deposit accounts to consumers and businesses. Co.'s deposits consist of savings deposit accounts, money market accounts, NOW and demand accounts and certificates of deposit. The RMBI average annual return since 2019 is shown above.
The Average Annual Return on the RMBI average annual return since 2019 page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether RMBI average annual return since 2019 or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the RMBI average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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