Logo

RMBI

Richmond Mutual Bancorporation, Inc.

RMBI

Richmond Mutual Bancorporation, Inc. • NASDAQ
$13.77 ▲ 1.47% (+0.20)
Market Cap $134.47 M
52w High $15.24
52w Low $11.37
Dividend Yield 0.59%
P/E 12.99
Volume 20.70K
Outstanding Shares 9.77M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $23.074M ▲ $8.045M ▼ $3.597M ▲ 15.589% ▲ $0.37 ▲ $4.524M ▲
Q2-2025 $22.388M ▲ $8.073M ▼ $2.602M ▲ 11.622% ▲ $0.27 ▲ $3.251M ▲
Q1-2025 $22.03M ▲ $8.326M ▲ $1.968M ▼ 8.933% ▼ $0.2 ▼ $2.586M ▼
Q4-2024 $21.815M ▲ $7.879M ▼ $2.476M ▲ 11.35% ▼ $0.25 $3.199M ▲
Q3-2024 $21.52M $7.949M $2.472M 11.486% $0.25 $3.105M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $130.937M ▼ $1.526B ▲ $1.386B ▲ $140.035M ▲
Q2-2025 $276.86M ▲ $1.508B ▼ $1.375B ▼ $132.322M ▲
Q1-2025 $130.198M ▲ $1.523B ▲ $1.392B ▲ $130.932M ▼
Q4-2024 $27.549M ▼ $1.505B ▲ $1.372B ▲ $132.872M ▼
Q3-2024 $287.122M $1.493B $1.353B $140.027M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $3.597M ▲ $6.277M ▲ $-6.783M ▼ $7.559M ▲ $7.053M ▲ $5.816M ▲
Q2-2025 $2.602M ▲ $4.844M ▲ $14.512M ▲ $-19.177M ▼ $179.391K ▼ $4.217M ▲
Q1-2025 $1.968M ▼ $2.181M ▼ $-12.042M ▲ $15.136M ▲ $5.275M ▲ $2.105M ▼
Q4-2024 $2.476M ▲ $6.791M ▲ $-18.99M ▼ $14.385M ▲ $2.187M ▲ $6.675M ▲
Q3-2024 $2.472M $2.882M $10.879M $-13.209M $551.408K $2.767M

Five-Year Company Overview

Income Statement

Income Statement RMBI’s income statement shows a slow‑and‑steady profile. Revenue has inched up over the last several years, indicating modest growth in the core banking business. Profitability has been fairly consistent: net income has stayed in a similar range each year, with earnings per share trending upward over time but dipping slightly from their recent peak. That pattern suggests the bank has been able to grow and control costs reasonably well, but it is not a high‑growth story. Overall, performance looks stable, with no major swings in either direction.

Balance Sheet

Balance Sheet The balance sheet has expanded over time, with total assets steadily increasing. This is typical for a community bank that is gradually building its loan book and deposit base. However, equity has not grown at the same pace and is now a smaller slice of the balance sheet than a few years ago, which means the bank is operating with somewhat higher leverage. Cash levels are modest and fairly flat, while borrowings have moved higher alongside asset growth. The picture is of a growing but more leveraged institution, which can boost returns in good times but leaves less cushion if conditions weaken.

Cash Flow

Cash Flow Cash generation from day‑to‑day operations has generally been positive, though not large, with one year standing out as a temporary soft spot. Free cash flow closely tracks operating cash flow because the bank has not been spending heavily on physical investments. This lean investment profile is common in smaller banks but also means most growth is coming from the existing franchise rather than big new projects. Overall, the cash flow pattern reinforces the story of a stable, conservative operator with limited but consistent internal funding.

Competitive Edge

Competitive Edge RMBI is a classic community bank with deep local roots, which gives it strong relationships and customer loyalty in its core markets. Its size is modest compared with larger regional and national banks, so it does not compete on scale or brand power, but instead on personalized service and local decision‑making. The planned merger with The Farmers Bancorp, if completed as described, should meaningfully increase the combined bank’s size, branch footprint, and lending capacity, helping it compete more effectively. At the same time, integration risk, overlapping markets, and ongoing competition from bigger banks and digital‑only players remain important watch points.

Innovation and R&D

Innovation and R&D As a bank, RMBI does not follow a traditional research‑and‑development model, but it has been investing in technology and new services. Its digital banking platform offers the standard tools customers expect—mobile banking, online payments, personal financial management, and card controls—plus more advanced cash‑management and fraud‑prevention tools for business clients. Wealth management and trust services add another layer of differentiation beyond basic checking and lending. The planned merger is explicitly aimed at freeing up more resources for technology upgrades and expanded products. While RMBI is not a cutting‑edge fintech innovator, it appears focused on keeping its digital experience competitive and integrating tools that matter to local customers and small businesses.

Summary

Taken together, RMBI’s profile is that of a steady, community‑focused bank with moderate growth, stable earnings, and a gradually expanding balance sheet supported by higher leverage. Cash flows are modest but generally positive, and capital spending is light. The bank’s main strengths lie in its long history, strong local relationships, and a growing suite of digital and wealth‑management services. The announced merger, if executed well, could be a major catalyst, bringing greater scale, broader product offerings, and more investment in technology—but it also introduces integration and execution risk. Future performance will depend heavily on credit quality in its loan book, how it manages interest‑rate cycles, and how smoothly it integrates and upgrades its operations in the coming years.

NEWS

November 19, 2025 · 4:30 PM UTC

RICHMOND MUTUAL BANCORPORATION, INC. ANNOUNCES QUARTERLY DIVIDEND

Read more

November 16, 2025 · 6:58 PM UTC

Farmers Bancorp Investor Alert By The Former Attorney General Of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of The Farmers Bancorp, Frankfort, Indiana - FABP

Read more

November 13, 2025 · 8:34 AM UTC

RMBI Stock Alert: Halper Sadeh LLC is Investigating Whether the Merger of Richmond Mutual Bancorporation, Inc. is Fair to Shareholders

Read more

November 12, 2025 · 7:30 AM UTC

RICHMOND MUTUAL AND THE FARMERS BANCORP ANNOUNCE TRANSFORMATIONAL STRATEGIC MERGER

Read more

October 23, 2025 · 4:30 PM UTC

RICHMOND MUTUAL BANCORPORATION, INC. ANNOUNCES 2025 THIRD QUARTER FINANCIAL RESULTS

Read more