Richmond Mutual Bancorporation, Inc. (RMBI) Financial Statements
Industry: State Commercial Banks
In fiscal 2025, Richmond Mutual Bancorporation reported revenue of $48.9M, up 12.5% from $43.5M the year before. Net income was $11.6M (a 23.7% net margin), or $1.17 per diluted share. Net interest income was $43.8M, and the efficiency ratio (noninterest expense / revenue) was 67.7%. Operating activities generated $16.0M of cash, leaving $14.6M of free cash flow. At fiscal year end, Richmond Mutual Bancorporation held $1.53B in total assets against $1.38B in total liabilities, including $33.1M of cash and equivalents.
Open the full interactive Richmond Mutual Bancorporation financials → Quarterly statements, key ratios, valuation history and price charts.
Richmond Mutual Bancorporation Key Stats
| Share Price | $15.37 |
|---|---|
| Market Cap | $152.4M |
| P/E Ratio | 13.1 |
| Dividend Yield | 3.83% |
| Revenue YoY Growth | +12.5% |
| 52-Week Range | $12.40 – $16.16 |
| Shares Outstanding | 10.5 million (basic, 2026 Q2) |
Richmond Mutual Bancorporation Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Net Interest Income | $32.9M | $38.2M | $41.6M | $37.7M | $38.7M | $43.8M |
| Provision for Credit Losses | $3.8M | $1.4M | $600,000 | $531,974 | $550,265 | $2.2M |
| Noninterest Income | $7.3M | $5.4M | $4.9M | $4.6M | $4.8M | $5.1M |
| Noninterest Expense | $24.0M | $28.6M | $30.2M | $30.7M | $32.1M | $33.1M |
| Revenue | $40.3M | $43.7M | $46.5M | $42.3M | $43.5M | $48.9M |
| Pre-Tax Income | $12.5M | $13.6M | $15.7M | $11.0M | $10.9M | $13.7M |
| Income Tax | $2.5M | $2.4M | $2.8M | $1.5M | $1.5M | $2.1M |
| Net Income | $10.0M | $11.1M | $13.0M | $9.5M | $9.4M | $11.6M |
| Diluted EPS | $0.82 | $0.96 | $1.17 | $0.91 | $0.92 | $1.17 |
Richmond Mutual Bancorporation Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $12.6M | $13.1M | $12.7M | $13.7M |
| Net Income | $3.6M | $3.4M | $2.8M | $2.2M |
| Diluted EPS | $0.36 | $0.34 | $0.28 | $0.22 |
Richmond Mutual Bancorporation Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $48.8M | $23.0M | $15.9M | $20.2M | $21.8M | $33.1M |
| Loans (Net) | — | — | $961.7M | $1.09B | $1.16B | $1.18B |
| Total Assets | $1.08B | $1.27B | $1.33B | $1.46B | $1.50B | $1.53B |
| Deposits | $693.0M | $900.2M | $1.01B | $1.04B | $1.09B | $1.11B |
| Total Long-Term Debt | $170.0M | $180.0M | $180.0M | $271.0M | $265.0M | $252.0M |
| Total Liabilities | $891.5M | $1.09B | $1.20B | $1.33B | $1.37B | $1.38B |
| Shareholders' Equity | $192.7M | $180.5M | $133.0M | $134.9M | $132.9M | $145.8M |
Richmond Mutual Bancorporation Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $16.6M | -$9.6M | $18.2M | $12.1M | $14.8M | $16.0M |
| Cash From Investing | -$89.3M | -$212.2M | -$116.1M | -$122.5M | -$49.3M | -$1.1M |
| Cash From Financing | $80.9M | $196.1M | $90.8M | $114.7M | $36.1M | -$3.5M |
| Free Cash Flow | $14.7M | -$10.2M | $17.8M | $11.5M | $14.3M | $14.6M |
| Dividends Paid | $1.8M | $9.3M | $4.4M | $5.9M | $5.7M | $5.8M |
Figures from Richmond Mutual Bancorporation's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Richmond Mutual Bancorporation financials page for every line item.
Richmond Mutual Bancorporation Company Profile
| Ticker | RMBI |
|---|---|
| Exchange | Nasdaq |
| Industry | State Commercial Banks |
| Headquarters | Richmond, Indiana |
| Fiscal Year End | December 31 |
| SEC Filer Category | Non-accelerated filer, smaller reporting company |
| SEC CIK | 0001767837 |
Frequently Asked Questions
What was Richmond Mutual Bancorporation's revenue in fiscal 2025?
Richmond Mutual Bancorporation (RMBI) reported revenue of $48.9M for fiscal 2025.
What is Richmond Mutual Bancorporation's annual revenue history?
Richmond Mutual Bancorporation's annual revenue by fiscal year: 2020: $40.3M; 2021: $43.7M; 2022: $46.5M; 2023: $42.3M; 2024: $43.5M; 2025: $48.9M.
What was Richmond Mutual Bancorporation's net income in fiscal 2025?
Richmond Mutual Bancorporation reported net income of $11.6M for fiscal 2025.
What was Richmond Mutual Bancorporation's earnings per share (EPS) in fiscal 2025?
Richmond Mutual Bancorporation's diluted EPS was $1.17 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Richmond Mutual Bancorporation generate in fiscal 2025?
Richmond Mutual Bancorporation generated $14.6M of free cash flow in fiscal 2025.
What was Richmond Mutual Bancorporation's revenue last quarter?
In its most recent reported quarter (2026 Q2), Richmond Mutual Bancorporation reported revenue of $13.7M.
How much debt does Richmond Mutual Bancorporation have?
Richmond Mutual Bancorporation reported $252.0M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Richmond Mutual Bancorporation are outstanding?
Richmond Mutual Bancorporation reported a weighted average of 10.5 million basic shares outstanding in 2026 Q2.
What is Richmond Mutual Bancorporation's market cap?
Based on its latest closing price, Richmond Mutual Bancorporation (RMBI) has a market capitalization of about $152.4M.
When does Richmond Mutual Bancorporation's fiscal year end?
Richmond Mutual Bancorporation's fiscal year end, as registered with the SEC, is December 31.
Where is Richmond Mutual Bancorporation headquartered?
Richmond Mutual Bancorporation lists its business address in Richmond, Indiana in its SEC filings.