Richmond Mutual Bancorporation, Inc. (RMBI)

Richmond Mutual Bancorporation announced its third-quarter 2025 financial results, reporting a net income of $3.6 million, or $0.37 diluted earnings per share. The company released its second-quarter 2025 earnings on July 23, 2025, reporting GAAP EPS of $0.26 and revenue of $11.9 million. Richmond Mutual Bancorporation declared quarterly cash dividends of $0.15 per share on August 20, 2025, and February 14, 2025. In the past month, the stock price decreased by 8.75%, and over the past six months, it has fallen by 3.95%, but increased by 5.08% over the last 12 months. The company announced its annual stockholders' meeting date around February 2025.

There is no specific information available regarding demand seasonality for Richmond Mutual Bancorporation, Inc.'s products and services. As a regional bank, the demand for its lending products and deposit services may be indirectly influenced by general economic cycles and local market conditions, which can exhibit seasonal patterns, but this is not explicitly detailed.

Richmond Mutual Bancorporation, Inc. (RMBI) operates in the Financials sector as the holding company for First Bank Richmond. Its business involves attracting deposits and investing these funds primarily in various types of loans. The company offers deposit accounts, lending products, and other financial services such as lease financing, trust and estate administration, investment management, retirement plan administration, and private banking services.

Richmond Mutual Bancorporation, Inc., through First Bank Richmond, provides full banking services across several locations in Indiana and Ohio. In Indiana, it operates through eight offices in Cambridge City, Centerville, Richmond, and Shelbyville. In Ohio, it has five offices in Piqua, Sidney, and Troy, operating under the name Mutual Federal, and maintains a loan production office in Columbus. The company's primary market area encompasses Wayne and Shelby Counties in Indiana, and Shelby, Miami, and Franklin (for loans only) Counties in Ohio.

Based on the available information from the past year, there are no specific events or news items that explicitly discuss or significantly impact Richmond Mutual Bancorporation, Inc.'s brand reputation, either positively or negatively. Publicly available information primarily focuses on the company's financial performance and operational announcements.

Individual investors hold approximately 55% of the company, while institutions hold 22%. Major institutional owners include Vanguard Group Inc., BlackRock, Inc., and Geode Capital Management LLC, among others. The Richmond Mutual Bancorporation, Inc. Employee Stock Ownership Plan holds 8.3% of the outstanding shares, and Garry Kleer, the company's CEO, directly holds 0.9% of the total shares outstanding.