Welcome to our dedicated page for Richmond Mut Bancorporation news (Ticker: RMBI), a resource for investors and traders seeking the latest updates and insights on Richmond Mut Bancorporation stock.
Richmond Mutual Bancorporation, Inc. (NASDAQ: RMBI) is the holding company for First Bank Richmond, a community-oriented financial institution headquartered in Richmond, Indiana. This news page aggregates company announcements, earnings releases, merger updates, and other public communications related to RMBI and its banking operations in Indiana and Ohio.
Investors and followers of RMBI can use this feed to review the company’s reported financial performance, including quarterly net income, diluted earnings per share, net interest income, noninterest income, noninterest expense, and credit quality metrics such as nonperforming loans and leases and allowance for credit losses. Management commentary in these releases discusses factors that influence results, such as changes in interest rates, funding costs, and loan and lease portfolio performance.
Richmond Mutual Bancorporation, Inc. also issues news about capital management actions, including cash dividend declarations on its common stock and share repurchase activity, as disclosed in press releases and related Form 8-K filings. Regular dividend announcements in 2025, for example, reported a cash dividend of $0.15 per share, with one release noting a 7% increase from the prior quarter’s dividend.
A key area of recent news coverage is the announced strategic merger with The Farmers Bancorp, Frankfort, Indiana. Joint press releases and Form 8-K filings describe the Agreement and Plan of Merger, the planned combination of Farmers with Richmond Mutual, and the subsequent merger of The Farmers Bank into First Bank Richmond, subject to customary approvals and conditions. Updates related to this transaction, including regulatory and shareholder steps, are part of the company’s news flow.
By reviewing the RMBI news stream, readers can follow reported developments in the company’s community banking activities, capital actions, and merger process, all based on official press releases and SEC-referenced communications.
Richmond Mutual Bancorporation (NASDAQ: RMBI) declared a quarterly cash dividend of $0.15 per share. The dividend is payable on March 11, 2026 to shareholders of record at the close of business on February 25, 2026.
This provides a near-term cash return to common shareholders.
Richmond Mutual Bancorporation (NASDAQ: RMBI) reported Q4 2025 net income $3.4M ($0.35 diluted EPS) and FY 2025 net income $11.6M ($1.17 diluted EPS). Q4 EPS rose 45.8% YoY and fell 2.8% sequentially. Annualized net interest margin expanded to 3.11% in Q4 2025. Assets and loans were each $1.5B and $1.2B respectively at year end. Nonperforming loans increased to $17.4M (1.46%). The company announced a proposed merger with Farmers Bancorp valued at approximately $82M (3.40 shares per Farmers share); Farmers shareholders would own ~38% of the combined company pending approvals.
Richmond Mutual Bancorporation (NASDAQ: RMBI) announced a quarterly cash dividend of $0.15 per share.
The Board declared the dividend payable on December 18, 2025 to shareholders of record at the close of business on December 4, 2025.
Richmond Mutual Bancorporation (NASDAQ:RMBI) and The Farmers Bancorp announced a definitive all-stock merger to create a ~$2.6 billion asset community bank with 24 branches across central/east-central Indiana and western/central Ohio. The transaction values Farmers Bancorp at approximately $82 million (~$44.71 per share) and uses an exchange ratio of 3.40 Richmond Mutual shares per Farmers Bancorp share. Post-close ownership: ~62% Richmond Mutual / 38% Farmers Bancorp. Expected close: early Q2 2026. Pro forma benefits cited: 35% EPS accretion for Richmond Mutual (run-rate) and ~27.5% dividend-per-share accretion for Farmers Bancorp shareholders, subject to regulatory and shareholder approvals.
Richmond Mutual Bancorporation (NASDAQ: RMBI) reported Q3 2025 net income of $3.6M and diluted EPS $0.37, up 42% sequentially and 54% year-over-year. Results were driven by higher net interest income and an expanded net interest margin of 3.07%.
Key balance-sheet items at September 30, 2025: assets $1.5B, loans net $1.2B, deposits $1.1B, stockholders' equity $140.0M, and Tier 1 capital to assets 10.85%. Nonperforming loans rose to $10.8M (0.90%). Provision for credit losses was $269,000; allowance for credit losses was $16.4M (1.37%).
Richmond Mutual Bancorporation (NASDAQ:RMBI) has announced a quarterly cash dividend of $0.15 per share for its common stockholders. The dividend will be paid on September 18, 2025, to shareholders of record as of September 4, 2025.
Richmond Mutual Bancorporation (NASDAQ:RMBI) reported strong Q2 2025 financial results, with net income of $2.6 million ($0.26 diluted EPS), marking a 30% increase in EPS compared to both Q1 2025 and Q2 2024. The improved performance was driven by higher net interest income and an expanded net interest margin.
Key metrics include: Assets remained stable at $1.5 billion, net loans and leases at $1.2 billion, and deposits at $1.1 billion. The net interest margin improved to 2.93%, up from 2.79% in Q1 2025. The bank maintained strong capital levels with a Tier 1 capital ratio of 10.75%. Book value per share increased to $12.74, up from $12.48 in Q1 2025.
During Q2 2025, the company repurchased 101,127 shares at an average price of $13.46 per share, while credit quality metrics showed slight deterioration with nonperforming loans at 0.68% of total loans.
Richmond Mutual Bancorporation (NASDAQ: RMBI) has declared a quarterly cash dividend of $0.15 per share on its common stock. The dividend will be paid on June 18, 2025, to shareholders who are recorded as stockholders at the close of business on June 5, 2025.
Richmond Mutual Bancorporation (NASDAQ: RMBI) reported Q1 2025 net income of $2.0 million, or $0.20 diluted EPS, down from $2.5 million ($0.24 EPS) in Q4 2024 and $2.4 million ($0.23 EPS) in Q1 2024.
Key financial metrics include:
- Assets remained stable at $1.5 billion
- Net interest income increased 4.0% to $10.3 million
- Net interest margin improved to 2.79%
- Provision for credit losses increased to $731,000
- Nonperforming loans rose slightly to 0.59% of total loans
The company recorded a one-time pre-tax expense of $246,000 related to core provider contract negotiations, reducing EPS by $0.02. During Q1 2025, RMBI repurchased 324,696 shares at an average price of $13.04 per share.
Richmond Mutual Bancorporation (NASDAQ: RMBI) has announced a 7% increase in its quarterly cash dividend. The Board of Directors has declared a dividend of $0.15 per share, representing a $0.01 increase from the previous quarter's dividend. The dividend will be paid on March 12, 2025, to shareholders of record as of the close of business on February 26, 2025.