Rhinebeck Bancorp Inc (RBKB) Earnings Report, Financial Results, Financial analysis

Rhinebeck Bancorp inc reported in the first quarter of 2023 net earnings per share of $0.07 a decrease by -63.16 % year on year from $0.19 and decline of -4.1 % from $0.07 earned in IV. Quarter (Dec 31 2022).

*first quarter of 2023*
Earnings Per Share	Revenues
$ 0.07	$ 10 Mill
$-0.12 -63.16 %	$-1M -11.88 %

Rhinebeck Bancorp Inc 's Revenue fell by -11.88 % in first quarter of 2023 (Mar 31 2023) year on year, to $10 million and declined by -4.87 % sequentially.

Rhinebeck Bancorp Inc is Expected to report next financial results on August 10, 2023.

More on RBKB's Income Statement

RBKB's NET INCOME

Rhinebeck Bancorp Inc 's net income of $0.798 million in the first quarter of 2023 decreased by -61.13 % from net earnings of $2.053 million achieved in I. Quarter a year ago.

Sequentially net earnings fell by -1.24 % from net income of $0.808 million realized in previous quarter.

More on RBKB's Growth

Rhinebeck Bancorp Inc Inventories
RBKB's Cash flow In thefirst quarter of 2023 company's net cash flow was $5 million, capital expenditures grew by -89.12%, to $0 millions compare to same quarter a year ago and rose by -78.28% from IV. Quarter (Dec 31 2022).

More on RBKB's Cash flow Statement

Earnings quality

Rhinebeck Bancorp inc does not pay out common stock dividend.

In trailing twelve-month period Rhinebeck Bancorp inc earned $ 0.94 cash per share, on a free-cash flow basis 185.04 % of net earning per share.

Book value grew by 1.57 % sequentially to $10.05 per share, -118.59% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 9.81 per share from $ 9.66.

Company issued 0.09 million shares or 0.81 % in Mar 31 2023.
Interest Coverage Ratio was 1.7. Debt Coverage Ratio was 3.5.

• More on RBKB's Dividends

Market Capitalization (Millions)	72
Shares Outstanding (Millions)	11
Total Debt (Millions $)	5
Revenue (TTM) (Millions $)	45
Net Income (TTM) (Millions $)	6
Cash Flow (TTM) (Millions $)	-31
Capital Exp. (TTM) (Millions $)	-1
Dividend TTM ($)	0 $
Dividend Yield TTM (%)	-
Employees (TTM) $	-

Earnings quality

Rhinebeck Bancorp inc does not pay out common stock dividend.

In trailing twelve-month period Rhinebeck Bancorp inc had $ 0.94 cash flow per share, on a free-cash flow basis 185.04 % of net earning per share.

Book value grew by 1.57 % sequentially to $10.05 per share, -118.59% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 9.81 per share from $ 9.66.

Company issued 0.09 million shares or 0.81 % in Mar 31 2023.
Interest Coverage Ratio was 1.7. Debt Coverage Ratio was 3.5.

• More on RBKB's Balance Sheets

Market Capitalization (Millions)	72
Shares Outstanding (Millions)	11
Total Debt (Millions $)	5
Revenue (TTM) (Millions $)	45
Net Income (TTM) (Millions $)	6
Cash Flow (TTM) (Millions $)	-31
Capital Exp. (TTM) (Millions $)	-1
Dividend TTM ($)	0 $
Dividend Yield TTM (%)	-
Employees (TTM) $	-

Rhinebeck Bancorp inc

RBKB's Financial Statements and Analysis