RBKB Stock Earnings: Rhinebeck Bancorp Reported Results for Q1 2024
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 26 2024
0mins
Source: Business Insider
- Rhinebeck Bancorp Q1 2024 Earnings: Reported earnings per share of 10 cents and revenue of $10.40 million.
- InvestorPlace Earnings Project: Utilizes TradeSmith data to automate coverage of quarterly earnings reports, focusing on key metrics like EPS and revenue compared to analyst estimates.
- Automated Reporting: Articles are published without human intervention to provide readers with the latest figures promptly.
- Contact Information: Readers can report concerns or inaccuracies to editor@investorplace.com.
- Additional Content: The post includes links to other investment-related articles on InvestorPlace.
Get Free Real-Time Notifications for Any Stock
Monitor tickers like RBKB with instant alerts to capture every critical market movement.
Sign up for free to build your custom watchlist and receive professional-grade stock notifications.
Analyst Views on RBKB
About RBKB
Rhinebeck Bancorp, Inc. is a holding company for Rhinebeck Bank (the Bank). The Bank provides a full range of banking and financial services to consumer and commercial customers through approximately 13 branches and one representative office located in Dutchess, Ulster and Orange counties. The Bank’s primary business activity is accepting deposits from the public and using those funds, primarily to originate indirect automobile loans (automobile loans referred to as automobile dealerships), commercial real estate loans (which include multi-family real estate loans and commercial construction loans), commercial business loans and one-to four-family residential real estate loans, and to purchase investment securities. The Bank offers various deposit accounts, including savings accounts, certificates of deposit, money market accounts, commercial and personal checking accounts, and others. It also offers alternative delivery channels, including online banking and bill pay.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Rhinebeck Bancorp Reports Q4 Earnings Highlights
- Earnings Per Share: Rhinebeck Bancorp reported a Q4 GAAP EPS of $0.21, indicating stable profitability which may bolster investor confidence in the company's financial health.
- Revenue Growth: The company achieved revenue of $13.51 million in Q4, reflecting a positive trend in business expansion and market demand compared to the previous year.
- Upgrade Potential: Seeking Alpha's Quant Rating suggests that Rhinebeck Bancorp may be poised for an upgrade, indicating optimistic market expectations for its future performance.
- Financial Transparency: The financial information released by the company provides investors with a clear overview of its performance, enhancing market trust in its financial stability.
Continue Reading
RBKB Stock Earnings: Rhinebeck Bancorp Reported Results for Q2 2024
Earnings Report: Rhinebeck Bancorp (NASDAQ:RBKB) announced its Q2 2024 results, reporting earnings per share of 9 cents and revenue of $10.65 million.
Automated Coverage: InvestorPlace Earnings utilizes TradeSmith data to provide automated coverage of quarterly earnings reports, ensuring timely delivery of key financial figures without human intervention.
Continue Reading