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 stock yearly return is shown above.
The yearly return on the RMBI stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2023 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the RMBI annual return calculation with any dividends reinvested as applicable (on ex-dates).
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