Filing Flows › Rhinebeck Bancorp (RBKB) › Q4 2024
Rhinebeck Bancorp (RBKB) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 25, 2025
Rhinebeck Bancorp (RBKB) reported revenue of $7.5M for the fourth quarter 2024 (Q4 2024), -29% from a year earlier and +864% from the quarter before. Operating margin was -44.8%, net loss $2.7M (35.6% of revenue).
Rhinebeck Bancorp, Q4 2024: revenue $7.5M (-29% year over year), operating margin -44.8%, net loss $2.7M, operating cash flow $3.6M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $7.5M | +864% | -29% |
| Operating profit | −$3.3M | — | — |
| Net earnings | −$2.7M | — | — |
| Operating cash flow | $3.6M | — | 22× |
| Free cash flow | $3.2M | — | — |
What changed
Revenue was $7.5M in Q4 2024, down 29% year over year and up 864% from the previous quarter.
Operating costs exceeded revenue by $3.3M, an operating margin of -44.8%. Total costs grew 15% against a revenue fall of 29%. The quarter ended with a net loss of $2.7M, narrower than the previous quarter's $8.1M loss.
Operating cash flow was $3.6M (up 2137% year over year). Non-cash charges added back $10K of share-based compensation. Working capital and other items added $6.2M. Capital expenditures of $369K left free cash flow of $3.2M.
Questions
What was Rhinebeck Bancorp's revenue in the fourth quarter 2024?
Rhinebeck Bancorp (RBKB) reported revenue of $7.5M for the fourth quarter 2024 (Q4 2024), -29% from a year earlier and +864% from the quarter before.
Was Rhinebeck Bancorp profitable in the fourth quarter 2024?
Operating loss was $3.3M (-44.8% of revenue) and net loss $2.7M.
Source: Rhinebeck Bancorp 10-K on SEC EDGAR.