Rhinebeck Bancorp, Inc. Stock News

POUGHKEEPSIE, NY / ACCESS Newswire / June 10, 2025 / Rhinebeck Bancorp, Inc. (NASDAQ:RBKB), its wholly-owned subsidiary, Rhinebeck Bank, and its mutual holding company, Rhinebeck Bancorp, MHC, announced the retirement of Frederick L. Battenfeld from their respective boards of directors, effective May 21, 2025.

Rhinebeck Bancorp, Inc. has 4.75 million shares, with a potential buyout price of $20-$30 per share, making it an attractive acquisition target. The bank's tangible common equity is $119.4 million, and even with $20 million in expenses, a buyer could gain $5 million. RBKB trades at ~62% of its fully converted tangible book value, with a recent quarterly profit of $0.21 per share and a 10% year-...

POUGHKEEPSIE, NY / ACCESS Newswire / April 24, 2025 / Rhinebeck Bancorp, Inc. (the "Company") (NASDAQ:RBKB), the holding company of Rhinebeck Bank (the "Bank"), reported net income for the three months ended March 31, 2025 of $2.3 million ($0.21 per basic and diluted share), which was $1.2 million, or 104.1%, higher than the comparable prior year period of $1.1 million ($0.10 per basic and dilu...

POUGHKEEPSIE, NY / ACCESS Newswire / April 24, 2025 / Rhinebeck Bancorp, Inc. (the "Company") (NASDAQ:RBKB), the holding company of Rhinebeck Bank (the "Bank"), reported net income for the three months ended March 31, 2025 of $2.3 million ($0.21 per basic and diluted share), which was $1.2 million, or 104.1%, higher than the comparable prior year period of $1.1 million ($0.10 per basic and dilu...

POUGHKEEPSIE, NY / ACCESS Newswire / March 21, 2025 / Rhinebeck Bancorp, Inc. (NASDAQ:RBKB), the holding company for Rhinebeck Bank (the "Bank"), today announced that President and Chief Executive Officer Michael J. Quinn will retire following an extraordinary 40-year career with the Bank, including 20 years as CEO.

POUGHKEEPSIE, NY / ACCESS Newswire / January 30, 2025 / Rhinebeck Bancorp, Inc. (the "Company") (NASDAQ:RBKB), the holding company of Rhinebeck Bank (the "Bank"), reported a net loss for the fourth quarter of 2024 of $2.7 million, compared to net income of $930,000 for the fourth quarter of 2023. Diluted loss per share was $0.25 for the fourth quarter of 2024, compared to diluted earnings per s...