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

Rhinebeck Bancorp, Inc. (NASDAQ:RBKB) Director Suzanne Loughlin purchased 12,500 shares of Rhinebeck Bancorp stock in a transaction dated Wednesday, July 22nd. The shares were purchased at an average cost of $11.93 per share, with a total value of $149,125.00. Following the acquisition, the director owned 46,828 shares of the company’s stock, valued at approximately $558,658.04. This trade represents a 36.41% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Rhinebeck Bancorp Stock Down 0.7%

Rhinebeck Bancorp stock opened at $12.32 on Thursday. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.93 and a current ratio of 0.93. Rhinebeck Bancorp, Inc. has a one year low of $6.72 and a one year high of $12.85. The company has a 50-day simple moving average of $16.22 and a 200-day simple moving average of $15.29. The firm has a market capitalization of $192.32 million, a P/E ratio of 17.30 and a beta of 0.15.

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

Trending Headlines about Rhinebeck Bancorp

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

• Positive Sentiment: Company insiders made substantial open-market purchases on July 22. CEO Matthew James Smith bought 12,425 shares, directors Suzanne Loughlin and Nancy Koskey Patzwahl purchased 12,500 and 25,000 shares, respectively, and EVP Michael Vitale acquired 5,000 shares. The purchases, valued at roughly $657,000 combined, significantly increased their holdings and may signal that management and directors consider RBKB attractively valued near $12 per share. Rhinebeck Bancorp insider purchase filings
• Positive Sentiment: Rhinebeck Bank appointed Travis Podolec as senior vice president and commercial lender in Orange County. He will help expand commercial banking relationships across the Hudson Valley, potentially supporting future loan growth and revenue. However, the announcement included no immediate financial targets. Rhinebeck Bank appoints Travis Podolec article
• Neutral Sentiment: Zacks initiated coverage of RBKB with a Neutral rating. It cited improving credit quality and an expanding commercial-banking footprint, but warned that competitive lending conditions and margin pressure could limit near-term upside. Zacks Rhinebeck Bancorp coverage article

Analysts Set New Price Targets

Several analysts have weighed in on RBKB shares. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Rhinebeck Bancorp in a research note on Tuesday, July 21st. Wall Street Zen raised Rhinebeck Bancorp to a “hold” rating in a report on Sunday, July 12th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat, Rhinebeck Bancorp has a consensus rating of “Buy”.

Institutional Investors Weigh In On Rhinebeck Bancorp

Hedge funds and other institutional investors have recently bought and sold shares of the business. Alliancebernstein L.P. boosted its position in shares of Rhinebeck Bancorp by 1.2% during the 3rd quarter. Alliancebernstein L.P. now owns 390,959 shares of the company’s stock valued at $4,441,000 after purchasing an additional 4,718 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of Rhinebeck Bancorp by 3.7% in the fourth quarter. Geode Capital Management LLC now owns 92,371 shares of the company’s stock valued at $1,110,000 after buying an additional 3,258 shares in the last quarter. Bridgeway Capital Management LLC lifted its position in shares of Rhinebeck Bancorp by 5.7% during the 3rd quarter. Bridgeway Capital Management LLC now owns 72,756 shares of the company’s stock valued at $827,000 after acquiring an additional 3,898 shares during the last quarter. Empowered Funds LLC lifted its position in shares of Rhinebeck Bancorp by 3.2% during the 1st quarter. Empowered Funds LLC now owns 59,627 shares of the company’s stock valued at $919,000 after acquiring an additional 1,871 shares during the last quarter. Finally, State Street Corp boosted its stake in shares of Rhinebeck Bancorp by 7.9% during the 4th quarter. State Street Corp now owns 29,917 shares of the company’s stock worth $360,000 after acquiring an additional 2,202 shares in the last quarter. 23.88% of the stock is currently owned by institutional investors.

Rhinebeck Bancorp Company Profile

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.