River Financial Corp. Financial Ratios — RVRF Stock

Profitability (USD)

	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	- -	47.98	34.83	27.15	27.68	32.53	35.19	29.42	22.33	21.49	23.59
Return on Assets (%)	- -	1.03	1.02	0.9	0.91	1.06	1.18	1.07	0.88	0.92	1.14
Return on Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Return on Invested Capital (%)	- -	9.07	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	100	100	100	100	100	100	100	100	100	100	100
EBITDA Margin (%)	23.09	39.28	4.2	4.33	5.24	4.09	3.19	3.18	3.56	3.41	2.82
Operating Margin (%)	20.18	34.73	- -	- -	- -	- -	- -	- -	- -	- -	- -
Incremental Operating Margin (%)	- -	52.4	-378.47	- -	- -	- -	- -	- -	- -	- -	- -
Pretax Margin (%)	20.18	34.73	35.73	28.03	28.99	32.33	39.9	39.37	33.62	37.43	41.31
Profit Margin (%)	13.15	24.06	23.13	21.9	22.09	25.48	31.03	30.65	26.76	28.51	31.87
Net Income to Common Margin (%)	13.15	24.06	23.13	21.9	22.09	25.48	31.03	30.65	26.76	28.51	31.87
Effective Tax Rate (%)	34.83	30.72	35.27	21.88	23.79	21.19	22.25	22.15	20.39	23.84	22.86
Dvd Payout Ratio (%)	17.69	10.27	15.33	16.86	16.92	13.71	10.43	10.45	12	12.24	9.95
Sustainable Growth Rate (%)	- -	43.05	29.49	22.57	23	28.07	31.52	26.34	19.65	18.86	21.24

Credit (USD)

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	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	10	6	15	47	24	20	39	134	269	245	140
ST Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
LT Debt	10	6	15	47	24	20	39	134	269	245	140
Total Debt/EBITDA	2.52	0.5	10.2	27.92	9.02	7.44	15.27	46.38	75.85	65.29	37.52
Net Debt/EBITDA	-6.39	-3.22	-3.6	-3.15	-10.06	-11.86	-6.41	19.13	63.25	32.46	4.87
Total Debt/EBIT	2.89	0.56	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt/EBIT	-7.31	-3.64	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA-CapEx/Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBIT to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	1.79	2.48	3.34	3.28	3.31	3.21	3.44	3.79	4.08	4.45	5.22
Long-Term Debt/Equity (%)	14.01	7.8	17.07	42.13	16.17	12.13	21.54	97.27	132.87	105.34	46.57
Long-Term Debt/Capital (%)	45.03	24.21	35.83	57.19	34.5	25.39	32.32	55.57	67.12	60.53	41.41
Long-Term Debt/Total Assets (%)	1.46	0.79	1.87	4.39	1.74	1.09	1.64	4.74	8.33	6.83	3.69
Total Debt/Equity (%)	14.01	7.8	17.07	42.13	16.17	12.13	21.54	97.27	132.87	105.34	46.57
Total Debt/Capital (%)	45.03	24.21	35.83	57.19	34.5	25.39	32.32	55.57	67.12	60.53	41.41
Total Debt/Total Assets (%)	1.46	0.79	1.87	4.39	1.74	1.09	1.64	4.74	8.33	6.83	3.69
Net Debt to Equity	-35.46	-50.37	-6.02	-4.75	-18.04	-19.34	-9.05	40.11	110.8	52.38	6.05
Net Debt/Capital (%)	193.23	193.98	-24.52	-17.71	-142.42	-118.77	-25.1	34.02	63	43.26	8.41
EBITDA	4	13	2	2	3	3	3	3	4	4	4
EBITDA-CapEx	2	11	- -	1	-1	- -	-3	-3	-4	- -	-5
Operating Income (Loss)	4	11	- -	- -	- -	- -	- -	- -	- -	- -	- -

Liquidity (USD)

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	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Current Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Quick Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
CFO/Avg Current Liab	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	1.79	2.48	3.34	3.28	3.31	3.21	3.44	3.79	4.08	4.45	5.22
Long-Term Debt/Equity (%)	14.01	7.8	17.07	42.13	16.17	12.13	21.54	97.27	132.87	105.34	46.57
Long-Term Debt/Capital (%)	45.03	24.21	35.83	57.19	34.5	25.39	32.32	55.57	67.12	60.53	41.41
Long-Term Debt/Total Assets (%)	1.46	0.79	1.87	4.39	1.74	1.09	1.64	4.74	8.33	6.83	3.69
Total Debt/Equity (%)	14.01	7.8	17.07	42.13	16.17	12.13	21.54	97.27	132.87	105.34	46.57
Total Debt/Capital (%)	45.03	24.21	35.83	57.19	34.5	25.39	32.32	55.57	67.12	60.53	41.41
Total Debt/Total Assets (%)	1.46	0.79	1.87	4.39	1.74	1.09	1.64	4.74	8.33	6.83	3.69
CFO/Total Liabilities	0.84	0.4	1.9	1.31	0.74	0.29	1.89	1.76	0.8	1.08	1.54
CFO/CapEx	2.62	1.63	10.86	16.35	2.86	2.01	7.32	8.57	3.09	9.82	6.34
Altman's Z-Score	0.06	0.11	0.08	0.17	0.16	0.13	0.13	0.13	0.13	0.13	0.16

Working Capital (USD)

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	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover	- -	14.25	14.71	13.49	14.17	12.61	11.67	10.65	8.27	7.31	7.9
Days Sales Outstanding	- -	25.62	24.81	27.06	25.76	28.95	31.28	34.27	44.16	49.93	46.19
Inventory Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Days Inventory Outstanding	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover Days	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Conversion Cycle	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventory to Cash Days	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

API ChatGPT

	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	- -	- -	- -	157	163	136	183	226	209	238	310
- Cash & Cash Equivalents	37	48	21	52	50	53	56	79	45	123	121
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	10	6	15	47	24	20	39	134	269	245	140
Enterprise Value	-171	-225	-199	-77	-166	-389	-710	-385	-187	-39	-190
Total Capital	23	27	43	82	69	80	122	242	401	404	337
Total Debt/Capital (%)	45.03	24.21	35.83	57.19	34.5	25.39	32.32	55.57	67.12	60.53	41.41
Total Debt / EV	-0.06	-0.03	-0.08	-0.61	-0.14	-0.05	-0.06	-0.35	-1.44	-6.23	-0.74
EV/Sales	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted Market Cap	- -	- -	- -	159	166	138	185	229	212	240	313
Diluted Enterprise Value	-27	-42	-5	154	139	105	169	285	437	362	331
EV per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM Sales	18	33	36	39	50	67	81	91	100	110	132
TTM EBITDA	4	13	2	2	3	3	3	3	4	4	4
TTM Operating Income	4	11	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM Cash Flow to Firm	5	3	14	13	9	5	42	47	24	36	54
TTM Free Cash Flow to Firm	7	5	15	13	12	7	48	53	32	40	62

Multiples (USD)

API ChatGPT

	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Price/Free Cash Flow	- -	- -	- -	11.97	13.6	18.91	3.9	4.33	6.57	6.04	5.03
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Enterprise Value	-171	-225	-199	-77	-166	-389	-710	-385	-187	-39	-190
Low Price	- -	- -	- -	20.7	28	17	21	26.51	29	28.25	30
EV/Sales	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings	- -	- -	- -	18.4	14.7	7.98	7.31	8.09	7.82	7.6	7.36
Price/Earnings Average	- -	- -	- -	15.55	15.03	7.9	7.34	7.61	8.29	7.38	6.15
Price/Earnings High	- -	- -	- -	18.4	15.75	10.65	11.75	8.09	8.86	8.07	7.36
Price/Earnings Low	- -	- -	- -	12.7	14.7	6.46	5.48	6.3	7.56	6.91	5.52
Price/Book Value	- -	- -	- -	4.45	3.62	2.28	2.22	2.1	1.58	1.49	1.57
Price/Book Value Average	- -	- -	- -	3.76	3.7	2.25	2.23	1.98	1.68	1.45	1.31
Price/Book Value High	- -	- -	- -	4.45	3.88	3.04	3.57	2.1	1.8	1.58	1.57
Price/Book Value Low	- -	- -	- -	3.07	3.62	1.84	1.67	1.64	1.53	1.36	1.18
Price/Tangible Book Value	- -	- -	- -	1.79	1.43	1	1.21	2.09	1.2	1.17	1.14
Price/Tangible Book Value Average	- -	- -	- -	1.51	1.47	0.99	1.21	1.96	1.28	1.14	0.95
Price/Tangible Book Value High	- -	- -	- -	1.79	1.54	1.33	1.94	2.09	1.37	1.24	1.14
Price/Tangible Book Value Low	- -	- -	- -	1.23	1.43	0.81	0.9	1.63	1.16	1.06	0.86
Price/Sales	- -	- -	- -	4.03	3.25	2.03	2.27	2.48	2.09	2.17	2.35
Price/Sales Average	- -	- -	- -	3.4	3.32	2.01	2.28	2.33	2.22	2.1	1.96
Price/Sales High	- -	- -	- -	4.03	3.48	2.71	3.65	2.48	2.37	2.3	2.35
Price/Sales Low	- -	- -	- -	2.78	3.25	1.65	1.7	1.93	2.02	1.97	1.76
Price/Cash Flow	- -	- -	- -	12.48	18.06	28.01	4.38	4.76	8.57	6.59	5.77
Price/Cash Flow Average	- -	- -	- -	10.54	18.46	27.7	4.39	4.48	9.09	6.4	4.82
Price/Cash Flow High	- -	- -	- -	12.48	19.35	37.35	7.03	4.76	9.71	7	5.77
Price/Cash Flow Low	- -	- -	- -	8.61	18.06	22.67	3.28	3.71	8.28	5.99	4.33
Price/Free Cash Flow Average	- -	- -	- -	10.11	13.9	18.71	3.91	4.08	6.96	5.87	4.2
Price/Free Cash Flow High	- -	- -	- -	11.97	14.57	25.22	6.26	4.33	7.44	6.41	5.03
Price/Free Cash Flow Low	- -	- -	- -	8.26	13.6	15.31	2.92	3.38	6.35	5.49	3.78
EV/Sales Average	- -	- -	- -	3.27	2.79	1.53	2.07	2.94	4.47	3.21	2.1
EV/Sales High	- -	- -	- -	3.89	2.95	2.23	3.44	3.09	4.62	3.41	2.48
EV/Sales Low	- -	- -	- -	2.64	2.72	1.16	1.5	2.54	4.27	3.08	1.9
EV/EBITDA Average	-6.39	-3.22	-3.6	75.47	53.31	37.36	64.88	92.49	125.67	94.17	74.43
EV/EBITDA High	-6.39	-3.22	-3.6	89.91	56.36	54.49	107.72	97.04	129.94	99.93	88.18
EV/EBITDA Low	-6.39	-3.22	-3.6	61.06	51.93	28.42	46.86	79.88	120.14	90.22	67.35
EV/EBIT Average	-7.31	-3.64	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT High	-7.31	-3.64	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT Low	-7.31	-3.64	- -	- -	- -	- -	- -	- -	- -	- -	- -
Last Price	- -	- -	- -	30	28	21	28	34	30	31.06	40
High Price	- -	- -	- -	30	30	28	44.99	34	34	33	40
Enterprise Value Average	-27	-42	-5	127	140	102	167	268	446	353	277
Enterprise Value High	-27	-42	-5	151	149	149	278	281	462	374	328
Enterprise Value Low	-27	-42	-5	103	137	78	121	231	427	338	251

Shares Outstanding	5	5	5	6	6	7	7	7	8	8	8
Diluted Weighted Avg Shares	5	5	5	5	6	7	7	7	7	8	8
Basic Weighted Avg Shares	5	5	5	5	6	6	7	7	7	8	8
Revenue per Share	3.54	6.46	7.04	7.45	8.62	10.32	12.34	13.72	14.33	14.34	17.04
EBITDA per Share	0.82	2.54	0.3	0.32	0.45	0.42	0.39	0.44	0.51	0.49	0.48
Operating Income per Share	0.71	2.24	- -	- -	- -	- -	- -	- -	- -	- -	- -
Basic EPS, GAAP	0.47	1.55	1.63	1.63	1.9	2.63	3.83	4.21	3.84	4.09	5.43
Basic EPS from Cont Ops	0.47	1.55	1.63	1.63	1.9	2.63	3.83	4.21	3.84	4.09	5.43
Diluted EPS, GAAP	0.47	1.55	1.6	1.6	1.87	2.6	3.79	4.14	3.78	4.05	5.38
Diluted EPS from Cont Ops	0.47	1.55	1.6	1.6	1.87	2.6	3.79	4.14	3.78	4.05	5.38
Dividend per Share	0.08	0.16	0.25	0.27	0.32	0.36	0.4	0.44	0.46	0.5	0.54
Cash Flow per Share	1.07	0.57	2.74	2.4	1.55	0.75	6.4	7.15	3.5	4.71	6.93
Free Cash Flow per Basic Share	0.66	0.22	2.49	2.26	1.01	0.38	5.52	6.31	2.37	4.23	5.84
Cash & Equivalents per Share	35.73	45.47	42.01	53.84	60.61	84.06	142.66	112.16	95.54	68.12	82.49
Book Value per Share	2.52	3.96	5.4	6.74	7.74	9.22	12.6	16.19	18.94	20.83	25.48
Tangible Book Value per Share	12.34	13.82	15.37	16.79	19.52	20.98	23.23	16.3	24.9	26.56	35.03

River Financial Corp.

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)