STOCK TITAN
  1. Home
  2. News
  3. RBKB

Rhinebeck Bancorp, Inc. - $RBKB STOCK NEWS

Welcome to our dedicated page for Rhinebeck Bancorp news (Ticker: $RBKB), a resource for investors and traders seeking the latest updates and insights on Rhinebeck Bancorp stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Rhinebeck Bancorp's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Rhinebeck Bancorp's position in the market.

News
Rhinebeck Bancorp, Inc. Reports Results for the Quarter Ended March 31, 2024
Rhea-AI Summary
Rhinebeck Bancorp, Inc. reported a net income of $1.1 million for the quarter ended March 31, 2024, showing a 40.5% increase compared to the prior year. The company's return on average assets and return on average equity also improved. The increase in net income was driven by higher non-interest income and decreases in credit losses and expenses, offset by a decrease in net interest income. President and CEO Michael J. Quinn highlighted the company's focus on improving results through asset pricing and cost reduction.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.44%
Tags
none
-
News
Rhinebeck Bancorp, Inc. Reports Results for the Quarter and Year Ended December 31, 2023
Rhea-AI Summary
Rhinebeck Bancorp, Inc. reported a net income of $930,000 for the quarter ended December 31, 2023, which was 15.1% higher than the prior year. However, the net income for the year ended December 31, 2023, was 37.2% less than the prior year. President and CEO Michael J. Quinn attributed the decrease to the rising interest rates and tightening money supply. The company's return on average assets and equity decreased in 2023 compared to 2022. Net interest income, non-interest income, and non-interest expenses all experienced significant changes. The company's balance sheet showed a decrease in total assets, past due loans, and total liabilities, while stockholders' equity increased.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.18%
Tags
none
-
News
Rhinebeck Bancorp, Inc. Reports Results for the Three and Nine Months Ended September 30, 2023
Rhea-AI Summary
Rhinebeck Bancorp reports a decrease in net income for Q3 2023 compared to the same period last year. The decrease is primarily due to a decrease in net interest income and an increase in the provision for credit losses. President and CEO Michael J. Quinn highlights improvements in key metrics for 2023 so far.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
News
Rhinebeck Bancorp, Inc. Reports Results for the Three and Six Months Ended June 30, 2023
Rhea-AI Summary
Rhinebeck Bancorp, Inc. (NASDAQ:RBKB) reported a decrease in net income for the three and six months ended June 30, 2023, primarily due to a decrease in net interest income and non-interest income. President and CEO Michael J. Quinn highlighted an improvement in results compared to the first quarter of 2023, focusing on enhancing net income, return on average assets, and return on average equity through beneficial pricing of assets and liabilities and reducing operational costs.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.82%
Tags
none
-
News
Rhinebeck Bancorp, Inc. Reports Results for the Quarter Ended March 31, 2023
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.64%
Tags
none
-
News
Rhinebeck Bancorp, Inc. Reports Results for the Quarter and Year Ended December 31, 2022
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.79%
Tags
none
News
Rhinebeck Bancorp, Inc. Reports Results for the Three and Nine Months Ended September 30, 2022
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
News
Rhinebeck Bank Reaches Settlement with NYS DFS
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.38%
Tags
none
-
News
RHINEBECK BANCORP, INC. ANNOUNCES ADOPTION OF REPURCHASE PROGRAM
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.11%
Tags
buyback
News
Rhinebeck Bancorp, Inc. Reports Results for the Three and Six Months Ended June 30, 2022
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.19%
Tags
none
Stock RBKB logo
Rhinebeck Bancorp, Inc.

Nasdaq:RBKB

RBKB Rankings

#4402 Ranked by Market Cap
#4079 Ranked by Stock Gains
N/A Ranked by Dividends

RBKB Stock Data

85.04M
3.00M
59.8%
14.36%
0.28%
Savings Institutions
Finance and Insurance
Link
United States of America
POUGHKEEPSIE

About RBKB

rhinebeck bank is a full service, locally focused bank headquartered in poughkeepsie, ny. we offer a full range of personal checking, savings, money market and certificates of deposit as well as, home equity lines of credit and mortgages. for commercial customers we offer a broad variety of products and services for sole proprietors, partnerships, and corporations. we have expanded our product line to include insurance and investment services and recommitted ourselves to exceptional customer service. (rhinebeck bank, member fdic, equal housing lender, all loans subject to credit approval, nmls #: 477976)