Highest-materiality recent filing
Richmond Mutual and Farmers Bancorp shareholders approve merger; expected close Q2 2026
Richmond Mutual shareholders voted 6,608,986 for and 106,010 against the merger proposal.
Richmond Mutual Bancorporation Declares $0.15 Quarterly Cash Dividend
Cash dividend of $0.15 per share declared, payable June 17, 2026 to holders of record as of June 3, 2026.
RMBI reminds Farmers Bancorp shareholders to vote on merger at May 26 special meeting
Special meeting for Farmers Bancorp shareholders set for May 26, 2026 to vote on pending merger with RMBI.
RMBI Q1 net income $2.8M ($0.28), up 41% YoY; merger closing in Q2
Net income $2.8M ($0.28 diluted EPS) vs $2.0M ($0.20) in Q1 2025, up 41% YoY.
Richmond Mutual Bancorp declares $0.15 quarterly dividend
Dividend of $0.15 per share declared on February 11, 2026.
Richmond Mutual Q4 EPS $0.35 (+45.8% YoY); announces $82M merger with Farmers Bancorp
Q4 2025 net income $3.4M ($0.35 diluted EPS), up 45.8% YoY from $0.24; down 2.8% QoQ from $0.36.
Richmond Mutual to present at Eden Capital Management Investor Day Conference on Jan 16
President & CEO Garry D. Kleer and SVP & CFO Bradley M. Glover to present.
Richmond Mutual Bancorporation declares $0.15/share quarterly dividend
Cash dividend of $0.15 per share declared on common stock.
RMBI merges with Farmers Bancorp in all-stock deal valued at ~$82M
Exchange ratio: 3.4 RMBI shares per FABP share; aggregate equity value ~$82M based on RMBI closing of $13.15 on Nov 10.
Richmond Mutual Bancorp Q3 net income $3.6M ($0.37 EPS), up 54% YoY; NIM expands to 3.07%
Diluted EPS $0.37 vs $0.26 prior quarter and $0.24 a year ago; net income $3.6M, up 42% QoQ and 54% YoY.
RMBI declares $0.15 quarterly dividend payable Sept 18, 2025
Board declared a cash dividend of $0.15 per common share.
Richmond Mutual Bancorp Q2 2025 EPS $0.26, up 30% YoY; NIM expands to 2.93%
Net income $2.6M ($0.26 diluted EPS) vs $2.1M ($0.20 EPS) Q2 2024, a 30% increase.
Richmond Mutual Bancorp enters change-in-control agreements with President/COO and CFO
Agreements dated May 22, 2025 with Paul Witte (President/COO of Bank) and Bradley Glover (CFO of Company and Bank).
Richmond Mutual declares $0.15 quarterly dividend, payable June 18
Cash dividend of $0.15 per share declared by Board on May 21, 2025.
Diluted EPS $0.20 vs $0.24 in Q4 2024 and $0.23 in Q1 2024; net income $2.0M, down from $2.5M and $2.4M respectively.
President of Mutual Federal division to retire effective April 11, 2025
Dean Weinert, President of First Bank Richmond's Mutual Federal division, notified retirement on Feb 28, 2025.
Richmond Mutual Bancorporation raises quarterly dividend 7% to $0.15 per share
Quarterly dividend increased by $0.01 to $0.15 per share, a 7% sequential increase.
Richmond Mutual Bancorporation sets annual meeting for May 21, 2025
Annual meeting of stockholders scheduled for Wednesday, May 21, 2025.
Richmond Mutual Q4 2024 net income $2.5M ($0.24 EPS); net interest margin 2.70%
Net income $2.5M ($0.24 diluted EPS) flat vs Q3 2024, up from $1.9M ($0.19) in Q4 2023.
Richmond Mutual declares $0.14 quarterly dividend payable Dec 19
Dividend of $0.14 per share declared.
Richmond Mutual Q3 net income $2.5M ($0.24 EPS); up 32% YoY
Net income $2.5M vs $1.9M in Q3 2023; diluted EPS $0.24 vs $0.19 YoY.
Richmond Mutual declares $0.14 quarterly dividend payable Sept 18
Dividend of $0.14 per common share declared, payable September 18, 2024.
Richmond Mutual Q2 net income falls to $2.1M, EPS $0.20; NIM compresses to 2.64%
Diluted EPS of $0.20 vs $0.23 in Q1'24 and $0.26 in Q2'23; net income $2.1M down 12.5% QoQ.
Richmond Mutual Bancorp declares $0.14 per share dividend, elects Jackson and Wetzel as directors
Cash dividend of $0.14 per share declared, payable June 13, 2024 to holders of record May 30, 2024.
Richmond Mutual extends stock repurchase program to June 2025; 723k shares remain
Board extended repurchase program by one year to June 6, 2025.
Richmond Mutual Q1 2024 net income $2.4M ($0.23 EPS); net interest margin improves to 2.74%
Net income of $2.4M ($0.23 diluted EPS) vs $1.9M ($0.19) in Q4 2023 and $2.9M ($0.27) in Q1 2023.
On February 28, 2025, Dean Weinert, President of Mutual Federal, a division of First Bank Richmond, which is a wholly owned subsidiary of Richmond Mutual Bancorporation, Inc. (the “Company”), notified the Company of his intention to retire effective as of April 11, 2025.
Max materiality 0.90 · Median 0.45 · Most common event dividend