earnings
confidence high
sentiment positive
materiality 0.55
Richmond Mutual Q4 2024 net income $2.5M ($0.24 EPS); net interest margin 2.70%
Richmond Mutual Bancorporation, Inc.
2024-FY EPS reported
$0.92
- Net income $2.5M ($0.24 diluted EPS) flat vs Q3 2024, up from $1.9M ($0.19) in Q4 2023.
- Net interest income $9.9M, up 4.6% QoQ and 5.7% YoY; net interest margin 2.70% vs 2.60% QoQ.
- Loans and leases net $1.2B, up 6.3% YoY; nonperforming loans improved to 0.58% from 0.72% YoY.
- Repurchased 133,858 shares at avg $13.95 in Q4; 472,944 shares remain under buyback program.
- Deposits $1.1B, up 5.1% YoY; uninsured deposits estimated at 22.7% of total excluding collateralized public deposits.