Michael Vitale Acquires 5,000 Shares of Rhinebeck Bancorp (NASDAQ:RBKB) Stock

July 29, 2026 by InsiderTrades.com

Key Points

Director Nancy Koskey Patzwahl bought 25,000 shares of Rhinebeck Bancorp at an average price of $11.94, investing $298,500 and increasing her holdings by more than 1,100% to 27,270 shares.
Rhinebeck Bancorp reported quarterly earnings of $0.24 per share on revenue of $13.38 million, with a 12.99% net margin and 7.24% return on equity.
Several institutional investors increased their positions, while institutions collectively owned 23.88% of the stock; analyst sentiment remained generally positive, with MarketBeat reporting an average “Buy” rating despite Zacks assigning a Neutral recommendation.

Rhinebeck Bancorp, Inc. (NASDAQ:RBKB - Get Free Report) EVP Michael Vitale acquired 5,000 shares of the firm's stock in a transaction that occurred on Wednesday, July 22nd. The stock was acquired at an average price of $11.94 per share, for a total transaction of $59,700.00. Following the completion of the transaction, the executive vice president directly owned 17,580 shares in the company, valued at approximately $209,905.20. This represents a 39.75% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Rhinebeck Bancorp Price Performance

Shares of NASDAQ RBKB opened at $12.41 on Wednesday. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.07. The company's 50-day moving average price is $16.29 and its 200 day moving average price is $15.29. Rhinebeck Bancorp, Inc. has a 52 week low of $6.72 and a 52 week high of $12.85. The stock has a market cap of $193.72 million, a price-to-earnings ratio of 17.43 and a beta of 0.15.

Rhinebeck Bancorp (NASDAQ:RBKB - Get Free Report) last announced 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 company had revenue of $13.38 million during the quarter.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on RBKB shares. Wall Street Zen upgraded Rhinebeck Bancorp to a "hold" rating in a research report on Sunday, July 12th. Weiss Ratings reiterated a "buy (b-)" rating on shares of Rhinebeck Bancorp in a report on Tuesday, July 21st. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, Rhinebeck Bancorp has a consensus rating of "Buy".

Get Our Latest Report on Rhinebeck Bancorp

Key Stories Impacting Rhinebeck Bancorp

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

Positive Sentiment: Company insiders made significant open-market purchases on July 22: CEO Matthew James Smith bought 12,425 shares for approximately $149,100, Director Suzanne Loughlin purchased 12,500 shares for $149,125, EVP Michael Vitale acquired 5,000 shares for $59,700, and Director Nancy Koskey Patzwahl bought 25,000 shares for $298,500. The purchases increased their respective holdings substantially, suggesting that management and directors view RBKB’s stock as attractive at prices around $11.93 to $12.00. CEO insider purchase filing
Positive Sentiment: Rhinebeck Bank, RBKB’s wholly owned subsidiary, appointed Travis Podolec as senior vice president and commercial lender in Orange County. His role will focus on expanding commercial banking relationships across the Hudson Valley and surrounding markets, supporting loan growth and the bank’s broader commercial-banking strategy. The appointment is strategically favorable, although no immediate earnings impact or financial targets were provided. Rhinebeck Bank appoints Travis Podolec article
Neutral Sentiment: Zacks initiated coverage of Rhinebeck Bancorp with a Neutral recommendation. The firm recognized improving credit quality and an expanding commercial lending footprint, but cited a competitive lending environment and pressure on margins as factors limiting its conviction. Zacks Rhinebeck Bancorp coverage article

Institutional Investors Weigh In On Rhinebeck Bancorp

Hedge funds have recently modified their holdings of the company. Alliancebernstein L.P. grew its holdings in shares of Rhinebeck Bancorp by 1.2% during the third quarter. Alliancebernstein L.P. now owns 390,959 shares of the company's stock worth $4,441,000 after buying an additional 4,718 shares in the last quarter. Geode Capital Management LLC lifted its stake in shares of Rhinebeck Bancorp by 3.7% during 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 during the period. Bridgeway Capital Management LLC lifted its stake in shares of Rhinebeck Bancorp by 5.7% during the third quarter. Bridgeway Capital Management LLC now owns 72,756 shares of the company's stock valued at $827,000 after buying an additional 3,898 shares during the period. Empowered Funds LLC boosted its position in Rhinebeck Bancorp by 3.2% during the first quarter. Empowered Funds LLC now owns 59,627 shares of the company's stock worth $919,000 after acquiring an additional 1,871 shares during the last quarter. Finally, State Street Corp boosted its position in Rhinebeck Bancorp by 7.9% during the fourth quarter. State Street Corp now owns 29,917 shares of the company's stock worth $360,000 after acquiring an additional 2,202 shares during the last quarter. 23.88% of the stock is owned by institutional investors and hedge funds.

Rhinebeck Bancorp Company Profile

(Get Free Report)

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.