COMP <GO>

NKSH vs RMBI // PIOTROSKI F-SCORE QUALITY

National Bankshares Inc. (NASDAQ) VS. Richmond Mutual Bancorporation Inc. (NASDAQ) • 15-METRIC TALLY: NKSH 4 — RMBI 2

■ METRIC PARITY

LAST: $40.95 (+0.10%) • MKT CAP: $260.9M

piotroski-score

5/9

LAST: $15.86 (+0.44%) • MKT CAP: $265.8M

piotroski-score

5/9

15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (NKSH VS. RMBI) EMERALD CELL = QUANTITATIVE EDGE

INSTITUTIONAL METRIC	NKSH	RMBI	SPREAD (A - B)	ADVANTAGE	DEDICATED URL
Gross Profit Margin	—	—	—	TIE	/gross-margins <GO>
Return on Invested Capital (ROIC)	8.60%	7.90%	+0.70	NKSH	/roic <GO>
EV/EBITDA & P/E Valuation	—	—	—	TIE	/valuation <GO>
Free Cash Flow Yield	6.86%	5.50%	+1.36	NKSH	/fcf-yield <GO>
Operating Margin	—	—	—	TIE	/operating-margins <GO>
Net Profit Margin	—	—	—	TIE	/net-margins <GO>
Revenue Growth (YoY)	—	—	—	TIE	/revenue-growth <GO>
Dividend Yield & FCF Payout Safety	3.68%	2.20%	+1.48	NKSH	/dividend-safety <GO>
Altman Z-Score & Debt/Equity	—	—	—	TIE	/balance-sheet <GO>
Piotroski F-Score Quality ACTIVE	5/9	5/9	0.00	TIE	/piotroski-score <GO>
Options Implied Move & Put/Call Skew	—	—	—	TIE	/options-implied-move <GO>
RSI-14 & 200D SMA Momentum	37.0	59.1	-22.18	RMBI	/rsi-technicals <GO>
10Y Yield & FRED Macro Beta	—	—	—	TIE	/macro-sensitivity <GO>
Forward P/E Multiple	15.3x	21.4x	-6.10	NKSH	/forward-pe <GO>
Enterprise Scale & Market Cap	$260.9M	$265.8M	-$4.9M	RMBI	/market-cap <GO>

5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY

FISCAL YEAR	NKSH REV	RMBI REV	NKSH GROSS %	RMBI GROSS %	NKSH FCF	RMBI FCF
FY 2025	$0	$0	—	—	$17.9M	$14.6M
FY 2024	$0	$0	—	—	$9.4M	$14.3M
FY 2023	$0	$0	—	—	$15.5M	$12.1M

FRED MACRO REGIME CORRELATION COMPARISON PEARSON r

NKSH // BETA —

RMBI // BETA —