Rhinebeck Bancorp (NASDAQ:RBKB) Director Suzanne Loughlin Acquires 12,500 Shares of Stock

Rhinebeck Bancorp, Inc. (NASDAQ:RBKB) Director Suzanne Loughlin bought 12,500 shares of the stock in a transaction on Wednesday, July 22nd. The stock was purchased at an average price of $11.93 per share, for a total transaction of $149,125.00. Following the purchase, the director directly owned 46,828 shares of the company’s stock, valued at approximately $558,658.04. This represents a 36.41% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Rhinebeck Bancorp Stock Performance

Shares of RBKB stock opened at $12.41 on Wednesday. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.93 and a quick ratio of 0.93. Rhinebeck Bancorp, Inc. has a fifty-two week low of $6.72 and a fifty-two week high of $12.85. The stock’s 50-day moving average is $16.29 and its two-hundred day moving average is $15.29. The firm has a market cap of $193.72 million, a P/E ratio of 17.43 and a beta of 0.15.

Rhinebeck Bancorp (NASDAQ:RBKB) last posted its quarterly earnings results on Thursday, July 23rd. The company reported $0.24 earnings per share for the quarter. The company had revenue of $13.38 million during the quarter. Rhinebeck Bancorp had a return on equity of 7.24% and a net margin of 12.99%.

Institutional Trading of Rhinebeck Bancorp

Several large investors have recently made changes to their positions in RBKB. JPMorgan Chase & Co. acquired a new position in shares of Rhinebeck Bancorp during the 2nd quarter valued at about $25,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in Rhinebeck Bancorp in the 2nd quarter worth approximately $29,000. Wells Fargo & Company MN boosted its position in Rhinebeck Bancorp by 46.3% during the fourth quarter. Wells Fargo & Company MN now owns 5,064 shares of the company’s stock worth $61,000 after purchasing an additional 1,602 shares during the period. Raymond James Financial Inc. bought a new stake in Rhinebeck Bancorp during the second quarter worth approximately $75,000. Finally, Barclays PLC boosted its position in Rhinebeck Bancorp by 12.1% during the fourth quarter. Barclays PLC now owns 7,210 shares of the company’s stock worth $87,000 after purchasing an additional 778 shares during the period. Institutional investors own 23.88% of the company’s stock.

Key Rhinebeck Bancorp News

Here are the key news stories impacting Rhinebeck Bancorp this week:

• Positive Sentiment: Company insiders made significant open-market purchases on July 22: CEO Matthew James Smith bought 12,425 shares for approximately $149,100, Director Suzanne Loughlin purchased 12,500 shares for $149,125, EVP Michael Vitale acquired 5,000 shares for $59,700, and Director Nancy Koskey Patzwahl bought 25,000 shares for $298,500. The purchases increased their respective holdings substantially, suggesting that management and directors view RBKB’s stock as attractive at prices around $11.93 to $12.00. CEO insider purchase filing
• Positive Sentiment: Rhinebeck Bank, RBKB’s wholly owned subsidiary, appointed Travis Podolec as senior vice president and commercial lender in Orange County. His role will focus on expanding commercial banking relationships across the Hudson Valley and surrounding markets, supporting loan growth and the bank’s broader commercial-banking strategy. The appointment is strategically favorable, although no immediate earnings impact or financial targets were provided. Rhinebeck Bank appoints Travis Podolec article
• Neutral Sentiment: Zacks initiated coverage of Rhinebeck Bancorp with a Neutral recommendation. The firm recognized improving credit quality and an expanding commercial lending footprint, but cited a competitive lending environment and pressure on margins as factors limiting its conviction. Zacks Rhinebeck Bancorp coverage article

Analyst Ratings Changes

A number of analysts have issued reports on the stock. Wall Street Zen upgraded shares of Rhinebeck Bancorp to a “hold” rating in a research note on Sunday, July 12th. Weiss Ratings restated a “buy (b-)” rating on shares of Rhinebeck Bancorp in a research note on Tuesday, July 21st. One research analyst has rated the stock with a Buy rating, According to MarketBeat, the stock currently has a consensus rating of “Buy”.

About Rhinebeck Bancorp

Rhinebeck Bancorp, Inc (NASDAQ: RBKB) is the bank holding company for Rhinebeck Bank, a community-focused financial institution headquartered in Rhinebeck, New York. Through its subsidiary, the company offers a full range of banking services including personal checking and savings accounts, business deposit products, residential mortgage lending and consumer loans. Rhinebeck Bancorp leverages its local presence to provide tailored financial solutions and responsive customer service to individuals and small businesses throughout the Hudson Valley region.

The origins of Rhinebeck Bank trace back to the late 19th century, reflecting more than a century of service to Ulster, Dutchess and neighboring counties.