Rhinebeck Bancorp Inc. Common Stock (RBKB)

FairStock Score: 59/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look for a bank I can understand, run conservatively, earning a solid return on equity, and selling at a sensible price to book. Rhinebeck is a 158-employee Hudson Valley bank. It is small and local, which can be a modest advantage, but banking is largely a commodity business, so I see no wide moat here. The turnaround is real: in FY2024 the company lost $8.6M and diluted EPS was $-0.80, while FY2025 net income was $10.0M and diluted EPS $0.92. But the latest filed quarter, fiscal Q2 2026 ended 2026-06-30, showed net income of $2.6M and diluted EPS of $0.24, versus $2.7M and $0.25 in fiscal Q2 2025. So the recovery may be flattening. FairStock's ROE of 7.34% is below the 12%-15% I prefer, and its P/B of 1.41 at the 2026-10-13 close of $12.88 means I am paying above book for those modest returns. The P/E is 14.15. There is no dividend, and Piotroski is 5/9 with a FairStock Score of 59/100. The Lynch category, TURNAROUND, fits the loss-to-profit history. What I cannot see matters: CET1, net interest margin, nonperforming loans, reserves, and loan-loss provisions are not in the data, and D/E is N/A. So credit and leverage risk are opaque. This looks like a small, improving bank, but the price offers little margin of safety unless returns improve.

In plain English: Rhinebeck Bancorp is a small bank holding company serving the Hudson Valley area of New York through Rhinebeck Bank. It swung from a loss in 2024 to a profit in 2025, but profits dipped a little in the latest quarter and returns are modest. At $12.88, the stock looks roughly fairly priced to slightly expensive relative to its profits and net worth, not a clear bargain.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer