Rhinebeck Bancorp Inc Financials

RBKB

Source SEC Filings (10-K/10-Q) Updated Sep 30, 2025 Currency USD FYE December

This page shows Rhinebeck Bancorp Inc (RBKB) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 8 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Piotroski F-Score Weak

3/9

Rhinebeck Bancorp Inc passes 3 of 9 financial strength tests. 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.

Earnings Quality Mixed

-0.98x

For every $1 of reported earnings, Rhinebeck Bancorp Inc generates $-0.98 in operating cash flow ($8.5M OCF vs -$8.6M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.

Key Financial Metrics

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Revenue

$3.0M

YoY+4.2%

5Y CAGR+1.2%

Rhinebeck Bancorp Inc generated $3.0M in revenue in fiscal year 2024. This represents an increase of 4.2% from the prior year.

EBITDA

N/A

Free Cash Flow

$7.7M

YoY+18.7%

5Y CAGR-4.2%

Rhinebeck Bancorp Inc generated $7.7M in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 18.7% from the prior year.

Net Income

-$8.6M

YoY-296.1%

Rhinebeck Bancorp Inc reported -$8.6M in net income in fiscal year 2024. This represents a decrease of 296.1% from the prior year.

EPS (Diluted)

$-0.80

YoY-300.0%

Rhinebeck Bancorp Inc earned $-0.80 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 300.0% from the prior year.

Cash & Debt

$37.5M

YoY+69.4%

5Y CAGR+25.6%

Rhinebeck Bancorp Inc held $37.5M in cash against $0 in long-term debt as of fiscal year 2024.

Dividends Per Share

N/A

Shares Outstanding

11M

YoY+0.2%

5Y CAGR-0.1%

Rhinebeck Bancorp Inc had 11M shares outstanding in fiscal year 2024. This represents an increase of 0.2% from the prior year.

Gross Margin

N/A

Operating Margin

N/A

Net Margin

-287.1%

YoY-439.7pp

5Y CAGR-498.3pp

Rhinebeck Bancorp Inc's net profit margin was -287.1% in fiscal year 2024, showing the share of revenue converted to profit. This is down 439.7 percentage points from the prior year.

Return on Equity

N/A

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

$791K

YoY+36.9%

5Y CAGR-21.1%

Rhinebeck Bancorp Inc invested $791K in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents an increase of 36.9% from the prior year.

RBKB Income Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Revenue	$3.0M+4.2%	$2.9M+1.8%	$2.8M+9.5%	$2.6M+13.5%	$2.3M-19.4%	$2.8M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$25.5M+12.5%	$22.7M+235.9%	$6.8M+57.6%	$4.3M-46.5%	$8.0M-8.2%	$8.7M
Income Tax	-$2.3M-290.1%	$1.2M-35.8%	$1.9M-44.7%	$3.4M+120.2%	$1.6M+2.0%	$1.5M
Net Income	-$8.6M-296.1%	$4.4M-37.2%	$7.0M-39.5%	$11.6M+95.3%	$5.9M-0.8%	$6.0M
EPS (Diluted)	$-0.80-300.0%	$0.40-37.5%	$0.64-39.6%	$1.06+92.7%	$0.55-1.8%	$0.56

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Revenue	$739K+1.5%	$728K-5.8%	$773K+3.1%	$750K+1.9%	$736K-0.9%	$743K+3.8%	$716K-3.0%	$738K
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$5.7M+8.8%	$5.3M-6.0%	$5.6M-3.6%	$5.8M-12.5%	$6.6M-1.5%	$6.7M+4.6%	$6.4M+9.6%	$5.9M
Income Tax	$648K-15.0%	$762K+19.2%	$639K+193.6%	-$683K-342.2%	$282K-12.1%	$321K+23.0%	$261K-23.9%	$343K
Net Income	$2.7M-1.1%	$2.7M+19.1%	$2.3M+186.2%	-$2.7M-372.2%	$975K-13.0%	$1.1M+20.5%	$930K-24.8%	$1.2M
EPS (Diluted)	$0.250.0%	$0.25+19.0%	$0.21+187.5%	$-0.24-366.7%	$0.09-10.0%	$0.10+11.1%	$0.09-18.2%	$0.11

RBKB Balance Sheet

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Total Assets	$1.3B-4.4%	$1.3B-1.7%	$1.3B+4.3%	$1.3B+13.5%	$1.1B+15.9%	$973.9M
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$37.5M+69.4%	$22.1M-29.5%	$31.4M-56.5%	$72.1M-22.9%	$93.5M+680.5%	$12.0M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$2.2M0.0%	$2.2M0.0%	$2.2M0.0%	$2.2M+58.5%	$1.4M0.0%	$1.4M
Total Liabilities	$1.1B-5.5%	$1.2B-2.3%	$1.2B+6.3%	$1.2B+14.1%	$1.0B+17.2%	$864.1M
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$121.8M+7.2%	$113.7M+5.1%	$108.1M-14.2%	$126.0M+8.1%	$116.5M+6.0%	$109.9M
Retained Earnings	$91.8M-8.6%	$100.4M+3.9%	$96.6M+7.8%	$89.6M+14.8%	$78.1M+8.2%	$72.2M

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Total Assets	$1.3B+3.3%	$1.3B+1.5%	$1.3B0.0%	$1.3B-1.6%	$1.3B-1.8%	$1.3B-1.1%	$1.3B-0.2%	$1.3B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$103.5M+15.4%	$89.6M+77.4%	$50.5M+34.8%	$37.5M+8.8%	$34.4M+12.3%	$30.7M+38.6%	$22.1M-17.3%	$26.8M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$2.2M0.0%	$2.2M0.0%	$2.2M0.0%	$2.2M0.0%	$2.2M0.0%	$2.2M0.0%	$2.2M0.0%	$2.2M
Total Liabilities	$1.2B+3.3%	$1.1B+1.4%	$1.1B-0.4%	$1.1B-2.2%	$1.2B-2.1%	$1.2B-1.3%	$1.2B-0.8%	$1.2B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$133.0M+3.1%	$129.0M+2.4%	$126.0M+3.4%	$121.8M+4.9%	$116.2M+1.7%	$114.3M+0.5%	$113.7M+6.6%	$106.7M
Retained Earnings	$99.5M+2.8%	$96.8M+2.9%	$94.1M+2.5%	$91.8M-10.5%	$102.5M+1.0%	$101.5M+1.1%	$100.4M+0.9%	$99.5M

RBKB Cash Flow Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Operating Cash Flow	$8.5M+20.2%	$7.0M-52.4%	$14.8M+93.3%	$7.7M-48.5%	$14.8M+22.6%	$12.1M
Capital Expenditures	$791K+36.9%	$578K-48.9%	$1.1M-36.2%	$1.8M-5.0%	$1.9M-27.9%	$2.6M
Free Cash Flow	$7.7M+18.7%	$6.5M-52.6%	$13.7M+132.4%	$5.9M-54.7%	$13.0M+36.3%	$9.5M
Investing Cash Flow	$74.7M+408.4%	$14.7M+111.9%	-$123.6M+8.9%	-$135.7M-83.1%	-$74.1M+43.9%	-$132.1M
Financing Cash Flow	-$67.9M-118.9%	-$31.0M-145.5%	$68.1M-36.2%	$106.7M-24.2%	$140.8M+73.0%	$81.4M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Operating Cash Flow	$2.2M-8.2%	$2.4M-43.7%	$4.3M+20.5%	$3.6M-70.1%	$12.0M+441.9%	-$3.5M-2287.5%	$160K-93.5%	$2.5M
Capital Expenditures	$199K+9.3%	$182K+56.9%	$116K-68.6%	$369K+186.0%	$129K-47.1%	$244K+1.7%	$240K+79.1%	$134K
Free Cash Flow	$2.0M-9.6%	$2.2M-46.5%	$4.2M+30.7%	$3.2M-72.9%	$11.8M+416.2%	-$3.7M-4580.0%	-$80K-103.4%	$2.3M
Investing Cash Flow	-$24.6M-210.3%	$22.3M+72.2%	$13.0M+538.2%	-$3.0M-114.5%	$20.4M-25.7%	$27.5M+1180.0%	$2.1M+130.8%	-$7.0M
Financing Cash Flow	$36.2M+152.3%	$14.4M+438.6%	-$4.2M+55.4%	-$9.5M+66.8%	-$28.6M-85.3%	-$15.5M-122.7%	-$6.9M+69.4%	-$22.7M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$78K

RBKB Financial Ratios

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	-287.1%-439.7pp	152.6%-94.7pp	247.3%-200.0pp	447.3%+187.3pp	260.0%+48.8pp	211.2%
Return on Equity	N/A	3.9%-2.6pp	6.5%-2.7pp	9.2%+4.1pp	5.1%-0.4pp	5.4%
Return on Assets	-0.7%-1.0pp	0.3%-0.2pp	0.5%-0.4pp	0.9%+0.4pp	0.5%-0.1pp	0.6%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	9.31-1.2	10.55-0.8	11.36+2.2	9.17+0.5	8.69+0.8	7.86
FCF Margin	255.8%+31.1pp	224.7%-258.3pp	483.0%+255.5pp	227.5%-342.7pp	570.2%+233.0pp	337.2%

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	364.7%-9.8pp	374.4%+78.5pp	296.0%+649.9pp	-353.9%-486.3pp	132.5%-18.4pp	150.9%+21.0pp	129.9%-37.6pp	167.5%
Return on Equity	2.0%-0.1pp	2.1%+0.3pp	1.8%	N/A	0.8%-0.1pp	1.0%+0.2pp	0.8%-0.3pp	1.2%
Return on Assets	0.2%0.0pp	0.2%+0.0pp	0.2%+0.4pp	-0.2%-0.3pp	0.1%0.0pp	0.1%+0.0pp	0.1%-0.0pp	0.1%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	8.89+0.0	8.88-0.1	8.97-0.3	9.31-0.7	9.98-0.4	10.37-0.2	10.55-0.8	11.33
FCF Margin	274.8%-33.7pp	308.5%-234.4pp	543.0%+114.9pp	428.0%-1180.4pp	1608.4%+2112.3pp	-503.9%-492.7pp	-11.2%-326.2pp	315.0%

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Frequently Asked Questions

What is Rhinebeck Bancorp Inc's annual revenue?

Rhinebeck Bancorp Inc (RBKB) reported $3.0M in total revenue for fiscal year 2024. This represents a 4.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Rhinebeck Bancorp Inc's revenue growing?

Rhinebeck Bancorp Inc (RBKB) revenue grew by 4.2% year-over-year, from $2.9M to $3.0M in fiscal year 2024.

Is Rhinebeck Bancorp Inc profitable?

No, Rhinebeck Bancorp Inc (RBKB) reported a net income of -$8.6M in fiscal year 2024, with a net profit margin of -287.1%.

What is Rhinebeck Bancorp Inc's earnings per share (EPS)?

Rhinebeck Bancorp Inc (RBKB) reported diluted earnings per share of $-0.80 for fiscal year 2024. This represents a -300.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

What is Rhinebeck Bancorp Inc's net profit margin?

Rhinebeck Bancorp Inc (RBKB) had a net profit margin of -287.1% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

What is Rhinebeck Bancorp Inc's free cash flow?

Rhinebeck Bancorp Inc (RBKB) generated $7.7M in free cash flow during fiscal year 2024. This represents a 18.7% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Rhinebeck Bancorp Inc's operating cash flow?

Rhinebeck Bancorp Inc (RBKB) generated $8.5M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Rhinebeck Bancorp Inc's total assets?

Rhinebeck Bancorp Inc (RBKB) had $1.3B in total assets as of fiscal year 2024, including both current and long-term assets.

What are Rhinebeck Bancorp Inc's capital expenditures?

Rhinebeck Bancorp Inc (RBKB) invested $791K in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.

How many shares does Rhinebeck Bancorp Inc have outstanding?

Rhinebeck Bancorp Inc (RBKB) had 11M shares outstanding as of fiscal year 2024.

What is Rhinebeck Bancorp Inc's debt-to-equity ratio?

Rhinebeck Bancorp Inc (RBKB) had a debt-to-equity ratio of 9.31 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Rhinebeck Bancorp Inc's return on assets (ROA)?

Rhinebeck Bancorp Inc (RBKB) had a return on assets of -0.7% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is Rhinebeck Bancorp Inc's Piotroski F-Score?

Rhinebeck Bancorp Inc (RBKB) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Rhinebeck Bancorp Inc's earnings high quality?

Rhinebeck Bancorp Inc (RBKB) has an earnings quality ratio of -0.98x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.