Richmond Mutual Bancorporation Gross Profit | RMBI

Gross profit is a key indicator of how efficiently a company produces or sells its products. This metric helps assess a business’s ability to generate revenue at the initial stage, before accounting for all other expenses. Regular analysis of gross profit allows companies to respond in a timely manner to changes in cost of goods, pricing strategy, and market conditions.

Calculation formula:
Gross Profit = Revenue – Cost of Goods Sold (COGS)

Revenue — all cash inflows from the sale of goods or services.
Cost of Goods Sold — direct costs related to the production or acquisition of goods:

Raw materials and supplies

Wages of production personnel

Depreciation of equipment

Transportation and warehousing costs (if directly related to production)

Importance for business:

Assessing core business profitability
If gross profit is declining, it may indicate rising production costs or falling sales.
Financial planning
Gross profit is the basis for calculating other key metrics, such as operating and net profit.
Benchmarking against competitors
Gross profit analysis helps compare the efficiency of different companies within the same industry.
Insights into pricing effectiveness
If gross profit is low, the company may be pricing too low or failing to control costs effectively.

Reasons for a decline in gross profit:

Increase in raw material and supply costs
Rising production expenses
Price reductions due to competition
Decrease in sales volume
Currency exchange rate fluctuations (for imports/exports)

Gross profit is an important metric, but it does not provide a complete picture of a company’s financial health, as it does not account for administrative and selling expenses, taxes, debt burden, or depreciation.

Annual Gross Profit Richmond Mutual Bancorporation

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
-	-	-	-	-	42.3 M	-	-	-	-	-	-	-	-	-

All numbers in USD currency

Indicator range from annual reports

Maximum	Minimum	Average
42.3 M	42.3 M	42.3 M

Gross Profit of other stocks in the Banks regional industry

Issuer	Gross Profit	Price	% 24h	Market Cap	Country
Axos Financial AX	572 M	$ 92.0	0.23 %	$ 5.21 B	USA
United Bancorp UBCP	27.6 M	$ 13.88	1.09 %	$ 76.2 M	USA
Texas Capital Bancshares TCBI	1.05 B	$ 90.58	0.41 %	$ 4.13 B	USA
Valley National Bancorp VLY	1.38 B	$ 14.07	0.04 %	$ 7.87 B	USA
HMN Financial HMNF	32 M	-	-2.13 %	$ 122 M	USA
HarborOne Bancorp HONE	149 M	-	-	$ 499 M	USA
FNCB Bancorp FNCB	46.3 M	-	-	$ 133 M	USA
CBM Bancorp CBMB	8.77 M	-	0.52 %	$ 61.6 M	USA
Zions Bancorporation, National Association ZION	2.68 B	$ 65.9	-0.45 %	$ 9.69 B	USA
Old Point Financial Corporation OPOF	40 M	-	-	$ 213 M	USA
Guaranty Bancshares GNTY	95.8 M	-	-	$ 570 M	USA
Byline Bancorp BY	269 M	$ 38.36	-0.1 %	$ 1.72 B	USA
Territorial Bancorp TBNK	69.8 M	-	-	$ 71.7 M	USA

Richmond Mutual Bancorporation Gross Profit | RMBI

Annual Gross Profit Richmond Mutual Bancorporation

Annual performance

Indicator range from annual reports

Gross Profit of other stocks in the Banks regional industry