Richmond Mutual Bancorporation, Inc. (RMBI) Fair Value 2026

RMBI · Banks - Regional ·

By CirclFi Research Team · Data from SEC EDGAR, FRED & GDELT

Quality Score

8.0 /10

32 fundamental signals · 6 models active

Value Trap Risk

SAFE (12/100)

Quick Summary — As of 2026-08-28, Richmond Mutual Bancorporation, Inc. (RMBI) trades at $15.90, versus a $8.61 median fair value across its 6 active models — 45.8% below the current price. QOC: 8.0/10. Value Trap Risk: 12/100 (SAFE). 6/13 models active.

Key Facts

Ticker
RMBI
Price
$15.90
Quality Score
8.0/10
Value Trap Risk
12/100
Models Active
6/13
Last Updated
Strength: 6 independent models provide multi-angle coverage
Risk: Majority of models suggest overvaluation

Is Richmond Mutual Bancorporation, Inc. (RMBI) Undervalued or Overvalued in 2026?

According to CirclFi’s 6-model valuation engine, Richmond Mutual Bancorporation, Inc. (RMBI) appears overvalued as of : the median of 6 independent fair value estimates is $8.61, 45.8% below the current price of $15.90. Estimates range from $6.18 to $12.16. RMBI scores 8.0/10 on fundamental quality and 12/100 on value-trap risk.

For context, the median US equity CirclFi rates trades at an implied -23.4% versus its own 13-model consensus, across 3,809 rated companies as of 2026-08-28. RMBI’s -45.8% gap is wider than that market norm, and the Banks - Regional sector median is -22.5%. Full market index →

This verdict compares price to intrinsic value only — it is not a buy or sell rating. For the decision case (bull vs bear arguments, risk factors, peers), read Should You Buy Richmond Mutual Bancorporation, Inc. Stock in 2026? →

What Fair Value Does Each Model Give RMBI?

6 Intrinsic Value Models vs. Current Price ($15.90)

Core Models (Unlocked)
Model Fair Value Upside
Intrinsic · High Conviction
 $8.12 -48.9%
Ensemble · Medium Conviction
 $9.11 -42.7%
Intrinsic · High Conviction
 $12.16 -23.5%
Unlock the Full Matrix

Access 3 additional models including ML-RIV, Regime Cross-Sectional, and more.

$1.30 / day

Billed monthly ($39/mo) or annually ($299/yr)

Unlock All 6 Models →

Cancel anytime · No contracts · Instant access

What Is RMBI's Fair Value Range?

Spread across 6 independent models · $6.18 to $12.16

CirclFi's 6 active models place Richmond Mutual Bancorporation, Inc. (RMBI) between $6.18 and $12.16 per share, a spread of 69% of the median. The median of that range — $8.61 — is the fair value CirclFi publishes for RMBI, against a current price of $15.90.

Low · ML-RIVHigh · Markov DDM
$6.18median $8.61$12.16
Where the range comes from
Most bearish modelML Residual Income$6.18
Most bullish modelMarkov DDM$12.16
Model agreement0 bullish · 6 bearishmoderate

A band of this width is typical. The methods agree on direction but weight growth, reinvestment and risk differently, so treat the median as a centre of gravity rather than a precise target.

Every figure above is one model's standalone output on RMBI, not a CirclFi price target. How each model works →

What Is Richmond Mutual Bancorporation, Inc. (RMBI) Worth in 2026?

According to the CirclFi Deep Alpha Valuation Engine, Richmond Mutual Bancorporation, Inc.'s intrinsic value is estimated at $8.61. Trading at its current price of $15.90, the valuation engine raises significant caution: 6 of 6 models flag downside risk, projecting a median implied return of -45.8%. Notably, Markov DDM sees the most upside at -23.5% (fair value: $12.16), while ML-RIV is the most conservative at -61.1% ($6.18). The spread between these extremes — +37.6% — reveals how different analytical frameworks can reach starkly different conclusions.

What Do the Models Say About RMBI?

6 of 13 models are currently active for RMBI. All 6 active models suggest the stock trades above fair value. Taken together, their median fair value for RMBI is $8.61 — the figure CirclFi publishes as this stock's fair value. See which stocks rank higher →

How Does RMBI Rank in Banks - Regional?

Among 352 Banks - Regional stocks, RMBI ranks #181 by Quality of Company score. CirclFi's QOC score of 8.0/10 evaluates 32 fundamental signals. A score of 8.0 indicates above-average quality.

See all Most Undervalued Banks - Regional Stocks →

The Banks - Regional sector introduces analytical considerations specific to financial institution businesses. For Richmond Mutual Bancorporation, Inc., metrics like cost-to-income ratio provide important context that general-purpose valuation models may underweight.

Is RMBI a Value Trap?

CirclFi's Value Trap algorithm assigns RMBI a score of 12/100 (SAFE). This indicates minimal risk. Fundamentals are healthy. The score cross-references apparent undervaluation against fundamental deterioration signals. Browse lowest value-trap stocks →

Multi-Model Methodology

6 of 13 models are active for Richmond Mutual Bancorporation, Inc.. Moderate coverage provides meaningful perspective. Each model applies a fundamentally different valuation philosophy. See the complete methodology →

According to the CirclFi Deep Alpha Valuation Engine, Richmond Mutual Bancorporation, Inc. scores 8.0 out of 10 on our 32-signal quality assessment, a strong rating that demonstrates strong fundamentals across the majority of our quality signals. The QOC score synthesizes profitability margins, revenue growth reliability, debt management, and capital allocation into a single metric designed to separate durable businesses from statistically cheap ones.

The gap between the most bullish and bearish model spans +37.6% — demonstrating why single-model analysis is dangerous. Browse all stocks with 13-model coverage →

Data Sources & Confidence

Every RMBI valuation is built from SEC EDGAR XBRL filings — 700+ standardized financial tags. Macroeconomic context from FRED calibrates discount rates, while GDELT news sentiment feeds into our Sentiment SOTP model. All pipelines run daily. Read the complete data methodology →

Across RMBI's 6 active models, average confidence is 44%. Lower confidence may reflect limited history or high volatility.

CirclFi's output is a research starting point, not a buy/sell signal. All data updates daily. Read the full methodology →

This analysis is produced by the CirclFi Valuation Engine using quantitative models applied to SEC EDGAR filings, public market feeds, and FRED macroeconomic indicators. It is not financial advice.

Read the full investment analysis: Should You Buy Richmond Mutual Bancorporation, Inc. Stock in 2026? →

Bull case, bear case, risk factors & peer comparison — updated daily

Which Similar Banks - Regional Stocks Should You Also Analyze?

11 related Banks - Regional stocks with 13-model coverage

CZFSCitizens Financial Services, Inc.QOC 8.0FISIFinancial Institutions, Inc.QOC 8.0HWCHancock Whitney CorporationQOC 8.0ENBPENB Financial CorpQOC 8.0BVFLBV Financial, Inc.QOC 8.0BUSEFirst Busey CorporationQOC 7.9HOPEHope Bancorp, Inc.QOC 7.4BFSTBusiness First Bancshares, Inc.QOC 9.0FNBF.N.B. CorporationQOC 8.4STBAS&T Bancorp, Inc.QOC 9.3ESQEsquire Financial Holdings, Inc.QOC 9.1

Read investment analysis: CZFS · FISI · HWC · ENBP · BVFL · BUSE · HOPE · BFST · FNB · STBA · ESQ

Which Other Stocks Have a Similar Quality Score to RMBI?

6 companies across all industries closest to RMBI’s Quality of Company score of 8.0/10.

LUXELuxExperience B.V.QOC 8.0ORGOOrganogenesis Holdings Inc.QOC 8.0FLOCFlowco Holdings Inc.QOC 8.0EBFEnnis, Inc.QOC 8.0CNQCanadian Natural Resources LimitedQOC 8.0NVDANVIDIA CorporationQOC 10.0

Read investment analysis: LUXE · ORGO · FLOC · EBF · CNQ · NVDA

Where Does RMBI Sit in CirclFi's Banks - Regional Rankings?

RMBI is ranked against every other Banks - Regional stock CirclFi covers in each of these screens.

See all Banks - Regional stocks ranked →

What Else Do Investors Ask About Richmond Mutual Bancorporation, Inc.’s Valuation?

What is Richmond Mutual Bancorporation, Inc.'s intrinsic value in 2026?

CirclFi puts Richmond Mutual Bancorporation, Inc. (RMBI)'s intrinsic value at $8.61 — the median of 6 independent model estimates as of 2026-08-28, ranging from $6.18 to $12.16. The Quality of Company score is 8.0/10 across 32 fundamental signals. All models use SEC EDGAR filings updated daily. See our methodology page for how each model works.

Is RMBI overvalued or undervalued right now?

At $15.90, 0 of 6 active models suggest RMBI may be undervalued, while 6 indicate potential overvaluation. The median of all 6 fair value estimates is $8.61, 45.8% below the current price of $15.90 — a consensus view that RMBI is overvalued. The assessment depends on which methodology best fits Richmond Mutual Bancorporation, Inc.'s business model in Banks - Regional.

What does a Quality of Company score of 8.0 mean for RMBI?

Richmond Mutual Bancorporation, Inc.'s QOC of 8.0/10 reflects 32 fundamental signals: profitability margins, revenue growth consistency, balance sheet leverage, free cash flow generation, and capital allocation efficiency. Scores above 7 indicate strong fundamentals and disciplined management.

How many valuation models does CirclFi run on RMBI?

CirclFi analyzes RMBI with 13 institutional-grade models daily: Bayesian DCF (Monte Carlo + jump-diffusion), EPV (Greenwald zero-growth), EROIC Spread (McKinsey reinvestment), First Chicago (3-scenario), Markov DDM (regime-switching), ML-RIV (machine learning residual income), Dynamic NAV (asset-based), PWERM (option-theoretic), Regime Cross-Sectional (relative), Sentiment SOTP (hybrid), CUCE Ensemble (meta-model), FTNN Topology (neural network), and RCMH-DCF (conditional regime). Currently 6 of 13 are active for this stock. Read the full methodology →

Which valuation models are most bullish and most bearish on RMBI?

Of the 6 models currently active on RMBI, Markov DDM is the most bullish at $12.16 per share, and ML Residual Income is the most bearish at $6.18. CirclFi's published fair value for RMBI is the median of that range, $8.61, not either extreme. The gap between the two ends equals 69% of the median — a normal spread for a company of this profile. Browse stocks by value-trap risk →

Is RMBI a value trap in 2026?

Richmond Mutual Bancorporation, Inc.'s Value Trap score is 12/100 (SAFE). This low score indicates the current valuation is not artificially depressed by fundamental deterioration, suggesting genuine opportunity rather than a trap.

Cite this analysis — “According to CirclFi’s 6-model valuation engine, Richmond Mutual Bancorporation, Inc. (RMBI) has a median fair value of $8.61 — 45.8% below the current price of $15.90 — as of 2026-08-28.” Source: circlfi.com/stock/RMBI/ · Methodology
Primary sources for this RMBI valuation

Market data for RMBI as of ; valuations recomputed .

You’ve done the research. Don’t stop at half the picture.

Stop collecting opinions. Let 6 mathematical frameworks give you clarity on RMBI.

Unlock All 6 Fair Values — $39/mo

Cancel anytime · Less than a cup of coffee · Instant access

3 models hidden for RMBI Unlock All 6 — $39/mo