RMBI

RICHMOND, Ind., May 22, 2026 /PRNewswire/ -- Richmond Mutual Bancorporation, Inc. (NASDAQ: RMBI) announced today that its Board of Directors has declared a cash dividend on Richmond Mutual Bancorporation common stock of $0.15 per share. The cash dividend will be payable on June 17, 2026, to stockholders of record as of the close of business on June 3, 2026. About Richmond Mutual Bancorporation, Inc. Richmond Mutual Bancorporation, Inc., headquartered in Richmond, Indiana, is the holding company for First Bank Richmond, a community-oriented financial institution offering traditional financial and trust services within its local communities through its eight locations in Richmond, Centerville, Cambridge City, and Shelbyville, Indiana, and its six locations in Sidney, Piqua, Troy, and Columbus, Ohio. View original content:https://www.prnewswire.com/news-releases/richmond-mutual-bancorporation-inc-announces-quarterly-dividend-302780458.html

RICHMOND, Ind., April 23, 2026 /PRNewswire/ -- Richmond Mutual Bancorporation, Inc., a Maryland corporation (the "Company") (NASDAQ: RMBI), parent company of First Bank Richmond, today reported net income of $2.8 million, or $0.28 diluted earnings per share, for the first quarter of 2026. This compares to net income of $3.4 million, or $0.35 diluted earnings per share, for the fourth quarter of 2025, and net income of $2.0 million, or $0.20 diluted earnings per share, for the first quarter of 2025. The decrease in net income and diluted earnings per share from the fourth quarter of 2025 primarily reflects a higher provision for credit losses, a slight decline in net interest income due to two fewer calendar days in the quarter, lower noninterest income, and higher noninterest expense. The increase in net income and diluted earnings per share for the first quarter of 2026 compared to the same quarter of 2025 was primarily driven by higher net interest income resulting from an expanded net interest margin, reflecting higher asset yields and lower funding costs, as well as an increase in noninterest income, partially offset by higher noninterest expense. Proposed Merger with The Farmers Bancorp, Frankfort, Indiana On November 11, 2025, the Company entered into an Agreement and Plan of Merger (the "merger agreement") with Farmers Bancorp, pursuant to which Farmers Bancorp will merge with and into the Company, with the Company as the surviving corporation (the "merger"). Immediately following the merger, The Farmers Bank will merge with and into First Bank Richmond, with First Bank Richmond as the surviving institution. The transaction has been approved by the boards of directors of both companies, and all required regulatory approvals have been received. A special meeting of Farmers Bancorp shareholders to approve the merger agreement and related transactions is scheduled for May 26, 2026. The Company will seek shareholder approval of the issuance of its shares in the transaction at its annual meeting of shareholders to be held on May 27, 2026. The transaction is expected to be completed during the second quarter of 2026, subject to shareholder approvals and the satisfaction of customary closing conditions. Under the terms of the merger agreement, holders of Farmers Bancorp common stock will receive 3.40 shares of Company common stock for each share of Farmers B...

RICHMOND, Ind., Feb. 11, 2026 /PRNewswire/ -- Richmond Mutual Bancorporation, Inc. (NASDAQ: RMBI) announced today that its Board of Directors has declared a cash dividend on Richmond Mutual Bancorporation common stock of $0.15 per share. The cash dividend will be payable on March 11, 2026, to stockholders of record as of the close of business on February 25, 2026. About Richmond Mutual Bancorporation, Inc. Richmond Mutual Bancorporation, Inc., headquartered in Richmond, Indiana, is the holding company for First Bank Richmond, a community-oriented financial institution offering traditional financial and trust services within its local communities through its eight locations in Richmond, Centerville, Cambridge City, and Shelbyville, Indiana, and its six locations in Sidney, Piqua, Troy, and Columbus, Ohio. View original content:https://www.prnewswire.com/news-releases/richmond-mutual-bancorporation-inc-announces-quarterly-dividend-302685651.html

RICHMOND, Ind., Jan. 22, 2026 /PRNewswire/ -- Richmond Mutual Bancorporation, Inc., a Maryland corporation (the "Company") (NASDAQ: RMBI), parent company of First Bank Richmond, today reported net income of $3.4 million, or $0.35 diluted earnings per share, for the fourth quarter of 2025. This compares to net income of $3.6 million, or $0.36 diluted earnings per share, for the third quarter of 2025, and net income of $2.5 million, or $0.24 diluted earnings per share, for the fourth quarter of 2024. Diluted earnings per share decreased 2.8% compared to the prior quarter and increased 45.8% compared to the fourth quarter of 2024. Results for the quarter ended December 31, 2025, were negatively impacted by approximately $467,000, pre-tax, in acquisition-related expenses incurred in connection with the Company's previously announced merger with The Farmers Bancorp, Frankfort, Indiana ("Farmers Bancorp"), which reduced diluted earnings per share by approximately $0.04 for the quarter. The growth in net income and diluted earnings per share for the fourth quarter of 2025 compared to same quarter of 2024, was primarily driven by higher net interest income resulting from an expanded net interest margin, reflecting higher asset yields and lower funding costs. For the year ended December 31, 2025, net income totaled $11.6 million, or $1.17 per diluted earnings share, compared to $9.4 million, or $0.92 per diluted earnings share, for the prior year. The increase in net income and diluted earnings per share for the year ended December 31, 2025, was primarily due to higher net interest income, reflecting an expansion in the net interest margin driven by higher yields on interest-earning assets, particularly loans and leases, partially offset by changes in funding costs. Proposed Merger with The Farmers Bancorp, Frankfort, Indiana On November 11, 2025, the Company entered into an Agreement and Plan of Merger (the "merger agreement") with Farmers Bancorp. The merger agreement provides that, upon the terms and subject to the conditions set forth therein, Farmers Bancorp will merge with and into the Company, with the Company as the surviving corporation (the "merger"). Immediately after the merger, the Company intends to merge The Farmers Bank, a wholly owned subsidiary of Farmers Bancorp, with and into First Bank Richmond, a wholly owned subsidiary of the Company, with Firs...

RICHMOND, Ind., Nov. 19, 2025 /PRNewswire/ -- Richmond Mutual Bancorporation, Inc. (NASDAQ: RMBI) announced today that its Board of Directors has declared a cash dividend on Richmond Mutual Bancorporation common stock of $0.15 per share. The cash dividend will be payable on December 18, 2025, to stockholders of record as of the close of business on December 4, 2025. About Richmond Mutual Bancorporation, Inc. Richmond Mutual Bancorporation, Inc., headquartered in Richmond, Indiana, is the holding company for First Bank Richmond, a community-oriented financial institution offering traditional financial and trust services within its local communities through its eight locations in Richmond, Centerville, Cambridge City and Shelbyville, Indiana, its five locations in Sidney, Piqua and Troy, Ohio and its loan production office in Columbus, Ohio. View original content:https://www.prnewswire.com/news-releases/richmond-mutual-bancorporation-inc-announces-quarterly-dividend-302620874.html

RICHMOND, Ind., Oct. 23, 2025 /PRNewswire/ -- Richmond Mutual Bancorporation, Inc., a Maryland corporation (the "Company") (NASDAQ: RMBI), parent company of First Bank Richmond (the "Bank"), today announced net income of $3.6 million, or $0.37 diluted earnings per share, for the third quarter of 2025. This is compared to net income of $2.6 million, or $0.26 diluted earnings per share, for the second quarter of 2025, and net income of $2.5 million, or $0.24 diluted earnings per share, for the third quarter of 2024. The results represent a 42% increase in diluted earnings per share compared to the prior quarter, and 54% increase compared to the third quarter of 2024. The growth in net income and diluted earnings per share for the third quarter of 2025 was primarily driven by higher net interest income resulting from an expanded net interest margin. President's Comments Garry Kleer, Chairman, President, and Chief Executive Officer, commented, "We're pleased with our third quarter results, which reflect the strength of our core banking model and the hard work of our team. Net income and earnings per share both grew, thanks to an improved net interest margin and careful management of expenses. While the economic environment continues to be uncertain, with interest rate pressures and inflationary challenges, we stay focused on what we can control: taking care of our customers, supporting our communities, and making thoughtful decisions that build long-term value for our shareholders. That steady approach has guided us for generations, and it will continue to guide us going forward." Third Quarter Performance Highlights : Assets totaled $1.5 billion at September 30, 2025, June 30, 2025, and December 31, 2024. Loans and leases, net of allowance for credit losses, totaled $1.2 billion at September 30, 2025, June 30, 2025, and December 31, 2024. Nonperforming loans and leases totaled $10.8 million, or 0.90% of total loans and leases, at September 30, 2025, compared to $8.1 million, or 0.68% of total loans and leases, at June 30, 2025, and $6.8 million, or 0.58% of total loans and leases, at December 31, 2024. The allowance for credit losses totaled $16.4 million, or 1.37% of total loans and leases outstanding, at September 30, 2025, compared to $16.2 million, or 1.37% of total loans and leases outstanding, at June 30, 2025, and $15.8 million, or 1.34% of total loans a...

RICHMOND, Ind., Aug. 20, 2025 /PRNewswire/ -- Richmond Mutual Bancorporation, Inc. (NASDAQ: RMBI) announced today that its Board of Directors has declared a cash dividend on Richmond Mutual Bancorporation common stock of $0.15 per share. The cash dividend will be payable on September 18, 2025, to stockholders of record as of the close of business on September 4, 2025. About Richmond Mutual Bancorporation, Inc. Richmond Mutual Bancorporation, Inc., headquartered in Richmond, Indiana, is the holding company for First Bank Richmond, a community-oriented financial institution offering traditional financial and trust services within its local communities through its eight locations in Richmond, Centerville, Cambridge City and Shelbyville, Indiana, its five locations in Sidney, Piqua and Troy, Ohio and its loan production office in Columbus, Ohio. View original content:https://www.prnewswire.com/news-releases/richmond-mutual-bancorporation-inc-announces-quarterly-dividend-302535046.html SOURCE Richmond Mutual Bancorporation, Inc.

Explore Richmond Mutual Bancorporation's Fair Values from the Community and select yours Revenue: US$11.1m (up 6.5% from 2Q 2024). Net income: US$2.60m (up 26% from 2Q 2024). Profit margin: 24% (up from 20% in 2Q 2024). The increase in margin was driven by higher revenue. EPS: US$0.27 (up from US$0.20 in 2Q 2024). Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. All figures shown in the chart above are for the trailing 12 month (TTM) period Richmond Mutual Bancorporation shares are up 2.5% from a week ago. While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. See our latest analysis on Richmond Mutual Bancorporation's balance sheet health. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

RICHMOND, Ind., July 23, 2025 /PRNewswire/ -- Richmond Mutual Bancorporation, Inc., a Maryland corporation (the "Company") (NASDAQ: RMBI), parent company of First Bank Richmond (the "Bank"), today announced net income of $2.6 million, or $0.26 diluted earnings per share, for the second quarter of 2025, compared to net income of $2.0 million, or $0.20 diluted earnings per share, for the first quarter of 2025, and net income of $2.1 million, or $0.20 diluted earnings per share, for the second quarter of 2024. This represents a 30% increase in diluted earnings per share in the second quarter of 2025 compared to both the first quarter of 2025 and the second quarter of 2024. The increase in net income and diluted earnings per share for the second quarter of 2025 was primarily driven by higher net interest income resulting from an expanded net interest margin, as well as lower noninterest expense compared to the prior quarters. In addition, the reduction in average diluted shares outstanding from share repurchases contributed to the increase in earnings per share. President's Comments Garry Kleer, Chairman, President, and Chief Executive Officer, commented, "Our second quarter results reflect the strength of our core banking model, built on strong relationships, sound credit practices, and a steady approach to growth. We saw improvement in our net interest margin and maintained solid credit quality, all while keeping a close eye on expenses. While the broader economic outlook remains uncertain with inflation, rate pressures, and global tensions, we're staying focused on what we can control: taking care of our customers, supporting our communities, and making disciplined decisions that support long-term value for our shareholders. That's what has guided us for generations, and it will continue to do so." Second Quarter Performance Highlights: Assets totaled $1.5 billion at June 30, 2025, March 31, 2025, and December 31, 2024. Loans and leases, net of allowance for credit losses, totaled $1.2 billion at June 30, 2025, March 31, 2025, and December 31, 2024. Nonperforming loans and leases totaled $8.1 million, or 0.68% of total loans and leases, at June 30, 2025, compared to $7.0 million, or 0.59% of total loans and leases, at March 31, 2025, and $6.8 million, or 0.58% of total loans and leases, at December 31, 2024. The allowance for credit losses totaled $16.2 milli...

RICHMOND, Ind., May 21, 2025 /PRNewswire/ -- Richmond Mutual Bancorporation, Inc. (NASDAQ: RMBI) announced today that its Board of Directors has declared a cash dividend on Richmond Mutual Bancorporation common stock of $0.15 per share. The cash dividend will be payable on June 18, 2025 to stockholders of record as of the close of business on June 5, 2025. About Richmond Mutual Bancorporation, Inc. Richmond Mutual Bancorporation, Inc., headquartered in Richmond, Indiana, is the holding company for First Bank Richmond, a community-oriented financial institution offering traditional financial and trust services within its local communities through its eight locations in Richmond, Centerville, Cambridge City and Shelbyville, Indiana, its five locations in Sidney, Piqua and Troy, Ohio and its loan production office in Columbus, Ohio. View original content:https://www.prnewswire.com/news-releases/richmond-mutual-bancorporation-inc-announces-quarterly-dividend-302462446.html SOURCE Richmond Mutual Bancorporation, Inc.

RICHMOND, Ind., April 24, 2025 /PRNewswire/ -- Richmond Mutual Bancorporation, Inc., a Maryland corporation (the "Company") (NASDAQ: RMBI), parent company of First Bank Richmond (the "Bank"), today announced net income of $2.0 million, or $0.20 diluted earnings per share, for the first quarter of 2025, compared to net income of $2.5 million, or $0.24 diluted earnings per share, for the fourth quarter of 2024, and net income of $2.4 million, or $0.23 diluted earnings per share, for the first quarter of 2024. The provision for credit losses totaled $731,000 for the first quarter of 2025, compared to a provision for credit losses of $196,000 and $183,000 for the fourth and first quarters of 2024, respectively. The increase in provision was primarily due to growth in the commercial loan portfolios, which carry higher estimated loss rates. The Company recorded a one-time pre-tax expense of $246,000 during the first quarter of 2025 related to the completion of contract negotiations with its core provider, which had the effect of reducing diluted earnings per share by $0.02 for the current quarter. President's Comments Garry Kleer, Chairman, President, and Chief Executive Officer, commented, "The first quarter of 2025 saw improvement in our net interest margin compared to the prior quarters. Credit quality continues to remain strong. We expect the economic road in 2025 to have its share of bumps, and therefore we are approaching it with the same steady, careful mindset that has served us well over the years. We are focused on keeping our balance sheet strong, managing risk, and staying close to our customers and communities. While challenges remain, we are confident that our disciplined approach will continue to create long-term value for our shareholders." First Quarter Performance Highlights: Assets totaled $1.5 billion at both March 31, 2025 and December 31, 2024. Loans and leases, net of allowance for credit losses, totaled $1.2 billion at both March 31, 2025 and December 31, 2024. Nonperforming loans and leases totaled $7.0 million, or 0.59% of total loans and leases, at March 31, 2025, compared to $6.8 million, or 0.58% of total loans and leases, at December 31, 2024. The allowance for credit losses totaled $16.1 million, or 1.35% of total loans and leases outstanding, at March 31, 2025, compared to $15.8 million, or 1.34% of total loans and leases outstandin...

Revenue: US$42.9m (up 2.8% from FY 2023). Net income: US$9.38m (down 1.2% from FY 2023). Profit margin: 22% (in line with FY 2023). EPS: US$0.93. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. Net interest margin (NIM): 2.67% (down from 2.78% in FY 2023). Cost-to-income ratio: 73.7% (up from 72.7% in FY 2023). Non-performing loans: 0.57% (down from 0.71% in FY 2023). All figures shown in the chart above are for the trailing 12 month (TTM) period Richmond Mutual Bancorporation's share price is broadly unchanged from a week ago. While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We have a graphic representation of Richmond Mutual Bancorporation's balance sheet and an in-depth analysis of the company's financial position. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.