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. reports developments tied to its role as the bank holding company for First Bank Richmond. News commonly covers quarterly operating results, net interest income and margin trends, expense management, share repurchase effects on per-share results, and regulatory capital levels at the bank subsidiary.
The company’s updates also include board-declared cash dividends on Richmond Mutual Bancorporation common stock. Its banking model centers on deposits, loans secured by commercial and multifamily real estate, residential mortgages, consumer loans, direct financing leases, commercial and industrial loans, investment securities, and Federal Home Loan Bank funding.
Richmond Mutual Bancorporation (NASDAQ: RMBI) reported Q1 2026 net income of $2.8 million and diluted EPS $0.28. Annualized net interest margin was 3.10%. Assets and loans remained stable at $1.5B and $1.2B. The company announced a proposed merger with Farmers Bancorp; required regulatory approvals are complete and shareholder votes are scheduled for May 26–27, 2026.
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.