Rhinebeck Bancorp, Inc. (Nasdaq:RBKB) operates as the bank holding company for Rhinebeck
Bank, who provides banking and financial products and services to consumer and commercial
customers in the Hudson Valley region of New York. It currently has 17 offices and about USD
1.3 billion in total assets.
Comps: Affinity Bancshares, Inc. (Nasdaq:AFBI), Cullman Bancorp, Inc. (Nasdaq:CULL)
When looking to compare to similar banking firms, Rhinebeck Bancorp generated more revenue
than both Affinity Bancshares and Cullman Bancorp. Moreover, it showed higher earnings per
share, price to earnings, return on equity, and net income than Cullman Bancorp. Realistically,
these firms are thinly traded, but Rhinebeck Bancorp’s is up year-to-date, and their superior
revenues should help with growth.