Richmond Mut Bancorporation Financials

RMBI

Source SEC Filings (10-K/10-Q) Updated Sep 30, 2025 Currency USD FYE December

This page shows Richmond Mut Bancorporation (RMBI) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 7 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Financial Profile 50/100

Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores

Growth

Richmond Mut Bancorporation's revenue surged 19.5% year-over-year to $80.5M, reflecting rapid business expansion. This strong growth earns a score of 84/100.

Leverage

Richmond Mut Bancorporation has elevated debt relative to equity (D/E of 10.33), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 0/100, reflecting increased financial risk.

Cash Flow

Richmond Mut Bancorporation converts 17.8% of revenue into free cash flow ($14.3M). This strong cash generation earns a score of 89/100.

Returns

Richmond Mut Bancorporation generates a 7.1% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 28/100. This is up from 7.0% the prior year.

Piotroski F-Score Neutral

5/9

Richmond Mut Bancorporation passes 5 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed

1.57x

For every $1 of reported earnings, Richmond Mut Bancorporation generates $1.57 in operating cash flow ($14.8M OCF vs $9.4M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Revenue

$80.5M

YoY+19.5%

5Y CAGR+14.1%

Richmond Mut Bancorporation generated $80.5M in revenue in fiscal year 2024. This represents an increase of 19.5% from the prior year.

EBITDA

N/A

Free Cash Flow

$14.3M

YoY+24.3%

5Y CAGR+9.4%

Richmond Mut Bancorporation generated $14.3M in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 24.3% from the prior year.

Net Income

$9.4M

YoY-1.2%

Richmond Mut Bancorporation reported $9.4M in net income in fiscal year 2024. This represents a decrease of 1.2% from the prior year.

EPS (Diluted)

$0.92

YoY+1.1%

Richmond Mut Bancorporation earned $0.92 per diluted share (EPS) in fiscal year 2024. This represents an increase of 1.1% from the prior year.

Cash & Debt

$21.8M

YoY+7.5%

5Y CAGR-11.7%

Richmond Mut Bancorporation held $21.8M in cash against $0 in long-term debt as of fiscal year 2024.

Dividends Per Share

$0.56

YoY+0.0%

Richmond Mut Bancorporation paid $0.56 per share in dividends in fiscal year 2024. This represents an increase of 0.0% from the prior year.

Shares Outstanding

11M

YoY-3.5%

5Y CAGR-4.4%

Richmond Mut Bancorporation had 11M shares outstanding in fiscal year 2024. This represents a decrease of 3.5% from the prior year.

Gross Margin

N/A

Operating Margin

N/A

Net Margin

11.7%

YoY-2.4pp

5Y CAGR+45.5pp

Richmond Mut Bancorporation's net profit margin was 11.7% in fiscal year 2024, showing the share of revenue converted to profit. This is down 2.4 percentage points from the prior year.

Return on Equity

7.1%

YoY+0.0pp

Richmond Mut Bancorporation's ROE was 7.1% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is up 0.0 percentage points from the prior year.

R&D Spending

N/A

Share Buybacks

$5.0M

YoY-19.3%

Richmond Mut Bancorporation spent $5.0M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 19.3% from the prior year.

Capital Expenditures

$460K

YoY-25.7%

5Y CAGR-13.7%

Richmond Mut Bancorporation invested $460K in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 25.7% from the prior year.

RMBI Income Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Revenue	$80.5M+19.5%	$67.4M+30.0%	$51.9M+12.9%	$45.9M+7.2%	$42.9M+3.1%	$41.6M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$41.8M+40.6%	$29.7M+191.1%	$10.2M+33.0%	$7.7M-18.2%	$9.4M-15.8%	$11.2M
Income Tax	$1.5M-1.9%	$1.5M-45.5%	$2.8M+14.3%	$2.4M-1.7%	$2.5M+146.8%	-$5.3M
Net Income	$9.4M-1.2%	$9.5M-26.8%	$13.0M+16.3%	$11.1M+11.3%	$10.0M+171.1%	-$14.1M
EPS (Diluted)	$0.92+1.1%	$0.91-22.2%	$1.17+21.9%	$0.96+17.1%	$0.82+164.6%	$-1.27

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Revenue	$21.8M+2.2%	$21.3M+2.3%	$20.9M+1.0%	$20.7M+2.9%	$20.1M+2.9%	$19.5M+5.0%	$18.6M+6.7%	$17.4M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$10.5M-0.6%	$10.6M-0.2%	$10.6M-1.8%	$10.8M+2.8%	$10.5M+8.6%	$9.7M+4.6%	$9.3M+11.6%	$8.3M
Income Tax	$645K+68.6%	$382K+9.8%	$348K-24.2%	$460K+50.7%	$305K-13.4%	$352K+49.8%	$235K-14.1%	$274K
Net Income	$3.6M+38.2%	$2.6M+32.2%	$2.0M-20.5%	$2.5M+20.2%	$2.1M-13.0%	$2.4M+22.0%	$1.9M-0.4%	$1.9M
EPS (Diluted)	$0.36+38.5%	$0.26+30.0%	$0.20-20.0%	$0.25+25.0%	$0.20-13.0%	$0.23+21.1%	$0.190.0%	$0.19

RMBI Balance Sheet

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Total Assets	$1.5B+3.0%	$1.5B+10.0%	$1.3B+4.8%	$1.3B+16.9%	$1.1B+10.0%	$986.0M
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$21.8M+7.5%	$20.2M+27.1%	$15.9M-30.9%	$23.0M-52.8%	$48.8M+20.1%	$40.6M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$1.4B+3.5%	$1.3B+10.9%	$1.2B+10.0%	$1.1B+21.9%	$891.5M+11.7%	$798.3M
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$132.9M-1.5%	$134.9M+1.9%	$132.4M-26.6%	$180.5M-6.3%	$192.7M+2.6%	$187.8M
Retained Earnings	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Total Assets	$1.5B+1.2%	$1.5B-1.0%	$1.5B+1.2%	$1.5B+0.7%	$1.5B+0.5%	$1.5B+1.8%	$1.5B+2.7%	$1.4B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$34.3M+25.9%	$27.2M+0.7%	$27.0M+24.2%	$21.8M+14.4%	$19.0M-6.3%	$20.3M+0.2%	$20.2M-2.0%	$20.7M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$1.4B+0.7%	$1.4B-1.2%	$1.4B+1.4%	$1.4B+0.6%	$1.4B+0.6%	$1.4B+2.2%	$1.3B+1.7%	$1.3B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$140.0M+5.8%	$132.3M+1.1%	$130.9M-1.5%	$132.9M+1.3%	$131.1M-1.0%	$132.4M-1.8%	$134.9M+13.7%	$118.6M
Retained Earnings	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

RMBI Cash Flow Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Operating Cash Flow	$14.8M+21.8%	$12.1M-33.3%	$18.2M+288.3%	-$9.6M-158.2%	$16.6M+64.2%	$10.1M
Capital Expenditures	$460K-25.7%	$619K+60.8%	$385K-33.5%	$579K-69.2%	$1.9M+95.9%	$960K
Free Cash Flow	$14.3M+24.3%	$11.5M-35.3%	$17.8M+273.8%	-$10.2M-169.6%	$14.7M+60.8%	$9.1M
Investing Cash Flow	-$49.3M+59.8%	-$122.5M-5.5%	-$116.1M+45.3%	-$212.2M-137.7%	-$89.3M+16.4%	-$106.8M
Financing Cash Flow	$36.1M-68.6%	$114.7M+26.3%	$90.8M-53.7%	$196.1M+142.5%	$80.9M-33.9%	$122.3M
Dividends Paid	$5.7M-3.8%	$5.9M+34.3%	$4.4M-52.5%	$9.3M+404.5%	$1.8M	$0
Share Buybacks	$5.0M-19.3%	$6.3M-36.6%	$9.9M-17.2%	$11.9M+31.2%	$9.1M	N/A

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Operating Cash Flow	$6.3M+29.6%	$4.8M+122.2%	$2.2M-67.9%	$6.8M+132.8%	$2.9M+34.9%	$2.2M-42.9%	$3.8M+96.7%	$1.9M
Capital Expenditures	$462K-26.4%	$627K+725.9%	$76K-34.5%	$116K+1.6%	$114K-1.1%	$115K-40.4%	$194K+311.5%	$47K
Free Cash Flow	$5.8M+37.9%	$4.2M+100.4%	$2.1M-68.5%	$6.7M+138.1%	$2.8M+36.9%	$2.0M-43.1%	$3.6M+91.3%	$1.9M
Investing Cash Flow	-$6.8M-146.7%	$14.5M+220.5%	-$12.0M+36.6%	-$19.0M-73.1%	-$11.0M+63.7%	-$30.2M-37.8%	-$21.9M+0.3%	-$22.0M
Financing Cash Flow	$7.6M+139.4%	-$19.2M-226.7%	$15.1M+5.2%	$14.4M+112.1%	$6.8M-75.9%	$28.1M+58.5%	$17.7M-23.8%	$23.3M
Dividends Paid	$1.4M+0.4%	$1.4M-3.5%	$1.5M+6.3%	$1.4M-2.3%	$1.4M0.0%	$1.4M-0.7%	$1.4M-1.6%	$1.5M
Share Buybacks	$0-100.0%	$1.4M-66.9%	$4.2M+117.5%	$1.9M+71.3%	$1.1M+6.0%	$1.1M+9.8%	$976K-42.3%	$1.7M

RMBI Financial Ratios

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	11.7%-2.4pp	14.1%-10.9pp	25.0%+0.7pp	24.3%+0.9pp	23.4%+57.3pp	-33.9%
Return on Equity	7.1%+0.0pp	7.0%-2.8pp	9.8%+3.6pp	6.2%+1.0pp	5.2%	N/A
Return on Assets	0.6%-0.0pp	0.7%-0.3pp	1.0%+0.1pp	0.9%-0.0pp	0.9%+2.4pp	-1.4%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	10.33+0.5	9.83+0.8	9.03+3.0	6.02+1.4	4.63+0.4	4.25
FCF Margin	17.8%+0.7pp	17.1%-17.2pp	34.3%+56.5pp	-22.3%-56.5pp	34.3%+12.3pp	22.0%

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	16.5%+4.3pp	12.2%+2.8pp	9.4%-2.6pp	12.0%+1.7pp	10.3%-1.9pp	12.1%+1.7pp	10.4%-0.7pp	11.2%
Return on Equity	2.6%+0.6pp	2.0%+0.5pp	1.5%-0.4pp	1.9%+0.3pp	1.6%-0.2pp	1.8%+0.3pp	1.4%-0.2pp	1.6%
Return on Assets	0.2%+0.1pp	0.2%+0.0pp	0.1%-0.0pp	0.2%+0.0pp	0.1%-0.0pp	0.2%+0.0pp	0.1%-0.0pp	0.1%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	9.89-0.5	10.39-0.2	10.63+0.3	10.33-0.1	10.40+0.2	10.24+0.4	9.83-1.2	10.99
FCF Margin	26.7%+6.9pp	19.8%+9.7pp	10.1%-22.2pp	32.3%+18.3pp	14.0%+3.5pp	10.5%-8.9pp	19.4%+8.6pp	10.8%

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Frequently Asked Questions

What is Richmond Mut Bancorporation's annual revenue?

Richmond Mut Bancorporation (RMBI) reported $80.5M in total revenue for fiscal year 2024. This represents a 19.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Richmond Mut Bancorporation's revenue growing?

Richmond Mut Bancorporation (RMBI) revenue grew by 19.5% year-over-year, from $67.4M to $80.5M in fiscal year 2024.

Is Richmond Mut Bancorporation profitable?

Yes, Richmond Mut Bancorporation (RMBI) reported a net income of $9.4M in fiscal year 2024, with a net profit margin of 11.7%.

What is Richmond Mut Bancorporation's earnings per share (EPS)?

Richmond Mut Bancorporation (RMBI) reported diluted earnings per share of $0.92 for fiscal year 2024. This represents a 1.1% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

What is Richmond Mut Bancorporation's net profit margin?

Richmond Mut Bancorporation (RMBI) had a net profit margin of 11.7% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

Does Richmond Mut Bancorporation pay dividends?

Yes, Richmond Mut Bancorporation (RMBI) paid $0.56 per share in dividends during fiscal year 2024.

What is Richmond Mut Bancorporation's return on equity (ROE)?

Richmond Mut Bancorporation (RMBI) has a return on equity of 7.1% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.

What is Richmond Mut Bancorporation's free cash flow?

Richmond Mut Bancorporation (RMBI) generated $14.3M in free cash flow during fiscal year 2024. This represents a 24.3% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Richmond Mut Bancorporation's operating cash flow?

Richmond Mut Bancorporation (RMBI) generated $14.8M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Richmond Mut Bancorporation's total assets?

Richmond Mut Bancorporation (RMBI) had $1.5B in total assets as of fiscal year 2024, including both current and long-term assets.

What are Richmond Mut Bancorporation's capital expenditures?

Richmond Mut Bancorporation (RMBI) invested $460K in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.

Does Richmond Mut Bancorporation buy back shares?

Yes, Richmond Mut Bancorporation (RMBI) spent $5.0M on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.

How many shares does Richmond Mut Bancorporation have outstanding?

Richmond Mut Bancorporation (RMBI) had 11M shares outstanding as of fiscal year 2024.

What is Richmond Mut Bancorporation's debt-to-equity ratio?

Richmond Mut Bancorporation (RMBI) had a debt-to-equity ratio of 10.33 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Richmond Mut Bancorporation's return on assets (ROA)?

Richmond Mut Bancorporation (RMBI) had a return on assets of 0.6% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is Richmond Mut Bancorporation's Piotroski F-Score?

Richmond Mut Bancorporation (RMBI) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Richmond Mut Bancorporation's earnings high quality?

Richmond Mut Bancorporation (RMBI) has an earnings quality ratio of 1.57x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Richmond Mut Bancorporation?

Richmond Mut Bancorporation (RMBI) scores 50 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.