Richmond Mutual Bancorporation, Inc. (RMBI)

In Q1 2025, RMBI reported net income of $2.0 million, or $0.20 diluted earnings per share, a decrease from previous quarters. Q2 2025 earnings were reported as $0.260 USD, and Q3 2025 showed a GAAP EPS of $0.37 and revenue of $12.59 million. On November 12, 2025, RMBI and The Farmers Bancorp announced a merger valued at approximately $82 million. The company declared a $0.15 dividend on November 19, 2025. Over the last six months, the stock has increased by 0.78%. As of November 26, 2025, the stock price fell by -1.31% from $13.75 to $13.57.

Richmond Mutual Bancorporation, Inc. experiences demand seasonality in its products and services. Card fee income decreased in the first quarter of 2025 compared to the fourth quarter of 2024 due to seasonal holiday fluctuations. Net gains on loan and lease sales also decreased in the first quarter of 2025 due to reduced mortgage banking activity.

Richmond Mutual Bancorporation, Inc. (RMBI) operates as the holding company for First Bank Richmond, offering financial and trust services. RMBI is in the Financial sector, categorized as a Major or Regional Bank. Its services include various lending products, lease financing, trust and estate administration, investment management, retirement plan administration, and private banking. The company attracts funds through deposit accounts and brokered deposits.

Richmond Mutual Bancorporation, Inc., through First Bank Richmond, operates in Indiana and Ohio. In Indiana, it has offices in Richmond, Centerville, Cambridge City, and Shelbyville. In Ohio, it has offices in Sidney, Piqua, and Troy, with a loan production office in Columbus. Richmond, Indiana, is the company's headquarters.

Richmond Mutual Bancorporation (RMBI) has demonstrated strong financial performance, with a 20.4% earnings growth rate and improved net profit margins. The strategic merger with The Farmers Bancorp is expected to create a larger community bank, potentially leading to higher lending limits and broader product offerings. There is no readily available information suggesting specific negative events that have significantly impacted Richmond Mutual Bancorporation, Inc.'s reputation in the past year.

Richmond Mutual Bancorporation, Inc. has a diverse ownership structure, including institutional and individual holders. There are 134 institutional owners holding 2,686,217 shares. Major institutional owners include Vanguard Group Inc., BlackRock, Inc., and Geode Capital Management, LLC. Individual ownership includes the Richmond Mutual Bancorporation, Inc. Employee Stock Ownership Plan.