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 YTD return is shown above.
The YTD Return on the RMBI YTD return page and across the coverage universe of our site,
is a measure of the total return for a given investment year-to-date for the current calendar year
(up to the end of prior trading session). Arguably, choosing the current calendar year for a measurement
period is on the one hand completely arbitrary, but on the other hand a year-to-date look can be extremely
useful in the context of our country's tax system which taxes gains and income on a calendar year basis.
Thus, researching Year-To-Date Returns is good practice for investors — whether RMBI YTD return or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's YTD 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 YTD return calculation (with any dividends reinvested as applicable), and to provide a
coverage universe of many stocks and ETFs to be able to compare YTD returns.
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