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.
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 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.
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 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.
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.
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 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.
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