Richmond Mutual Bancorporation (RMBI) Financials

$15.71 +0.06 (+0.38%)

Closing price 08/3/2026 04:00 PM Eastern

Extended Trading

$15.69 -0.02 (-0.13%)

As of 08/3/2026 04:10 PM Eastern

Annual Income Statements for Richmond Mutual Bancorporation

This table shows Richmond Mutual Bancorporation's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	27	-14	10	11	13	9.49	9.38	12
Consolidated Net Income / (Loss)	5.68	-14	10	11	13	9.49	9.38	12
Net Income / (Loss) Continuing Operations	27	-14	10	11	13	9.49	9.38	12
Total Pre-Tax Income	6.96	-19	12	14	16	11	11	14
Total Revenue	24	34	40	44	47	42	43	49
Net Interest Income / (Expense)	20	30	33	38	42	38	39	44
Total Interest Income	35	42	43	46	52	67	81	86
Loans and Leases Interest Income	32	37	38	41	45	59	72	77
Investment Securities Interest Income	3.51	3.85	4.41	5.30	7.11	8.05	8.10	7.71
Other Interest Income	-	1.15	0.15	0.05	0.15	0.56	0.83	0.82
Total Interest Expense	16	11	9.39	7.68	10	30	42	42
Deposits Interest Expense	5.65	8.02	6.38	4.94	7.13	23	32	31
Long-Term Debt Interest Expense	9.86	3.14	3.01	2.75	3.09	6.94	10	11
Total Non-Interest Income	4.29	3.86	6.81	5.42	4.87	4.61	4.76	5.06
Service Charges on Deposit Accounts	1.12	1.08	0.73	0.88	1.05	1.12	1.24	1.27
Other Service Charges	2.71	2.04	2.25	2.03	3.18	2.98	3.02	3.54
Net Realized & Unrealized Capital Gains on Investments	0.47	0.74	3.83	2.51	0.64	0.52	0.50	0.25
Provision for Credit Losses	1.68	2.60	3.77	1.43	0.60	0.53	0.55	2.15
Total Non-Interest Expense	23	51	24	29	30	31	32	33
Salaries and Employee Benefits	12	35	15	18	18	17	18	19
Net Occupancy & Equipment Expense	3.58	3.91	4.19	4.72	5.41	5.81	5.90	6.25
Marketing Expense	0.54	0.82	0.37	0.40	0.46	0.39	0.38	0.43
Property & Liability Insurance Claims	0.60	0.27	0.25	0.30	0.49	1.16	1.53	1.19
Other Operating Expenses	-23	11	4.42	5.08	5.32	5.94	5.90	6.69
Income Tax Expense	1.28	-5.29	2.48	2.44	2.78	1.52	1.49	2.08
Basic Earnings per Share	$0.00	($1.27)	$0.82	$0.98	$1.20	$0.91	$0.93	$1.20
Weighted Average Basic Shares Outstanding	-	13.53M	13.05M	12.31M	11.70M	11.12M	10.50M	10.50M
Diluted Earnings per Share	$0.00	($1.27)	$0.82	$0.96	$1.17	$0.91	$0.92	$1.17
Weighted Average Diluted Shares Outstanding	-	13.53M	13.05M	12.31M	11.70M	11.12M	10.50M	10.50M
Weighted Average Basic & Diluted Shares Outstanding	-	13.53M	13.05M	12.31M	11.70M	11.12M	10.50M	10.50M
Cash Dividends to Common per Share	-	-	$0.15	$0.78	$0.40	$0.56	$0.56	$0.60

This table shows Richmond Mutual Bancorporation's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Income / (Loss) Attributable to Common Shareholders	1.95	1.94	2.37	2.06	2.47	2.48	1.97	2.60	3.60	3.41	2.79
Consolidated Net Income / (Loss)	1.95	1.94	2.37	2.06	2.47	2.48	1.97	2.60	3.60	3.41	2.79
Net Income / (Loss) Continuing Operations	1.95	1.94	2.37	2.06	2.47	2.48	1.97	2.60	3.60	3.41	2.79
Total Pre-Tax Income	2.22	2.18	2.72	2.37	2.84	2.94	2.32	2.98	4.24	4.11	3.35
Total Revenue	10	11	11	11	11	11	11	12	13	13	13
Net Interest Income / (Expense)	9.13	9.33	9.83	9.58	9.43	9.87	10	11	11	12	11
Total Interest Income	17	19	20	20	20	21	21	21	22	22	21
Loans and Leases Interest Income	15	16	17	18	18	18	19	19	20	20	19
Investment Securities Interest Income	2.04	2.09	2.12	2.06	2.00	1.92	1.96	1.92	1.93	1.89	1.87
Other Interest Income	0.10	0.26	0.14	0.22	0.19	0.28	0.13	0.24	0.20	0.24	0.18
Total Interest Expense	8.29	9.25	9.68	11	11	11	11	11	11	10	9.72
Deposits Interest Expense	6.32	6.92	7.07	8.00	8.33	8.35	7.84	7.81	7.76	7.83	7.30
Long-Term Debt Interest Expense	1.97	2.33	2.61	2.51	2.50	2.45	2.77	2.77	2.76	2.51	2.42
Total Non-Interest Income	1.16	1.18	1.13	1.11	1.33	1.19	1.16	1.08	1.30	1.52	1.30
Service Charges on Deposit Accounts	0.27	0.28	0.27	0.31	0.33	0.33	0.30	0.31	0.32	0.34	0.32
Other Service Charges	0.79	0.78	0.74	0.77	0.78	0.73	0.77	0.83	0.88	1.06	0.80
Net Realized & Unrealized Capital Gains on Investments	0.09	0.12	0.12	0.03	0.22	0.13	0.10	-0.06	0.09	0.12	0.17
Provision for Credit Losses	0.05	0.30	0.18	0.27	-0.10	0.20	0.73	0.74	0.27	0.41	0.69
Total Non-Interest Expense	8.01	8.03	8.06	8.05	8.02	7.93	8.37	8.11	8.08	8.54	8.70
Salaries and Employee Benefits	4.38	4.55	4.57	4.67	4.58	4.52	4.71	4.77	4.50	4.56	4.56
Net Occupancy & Equipment Expense	1.47	1.42	1.49	1.44	1.46	1.51	1.53	1.53	1.53	1.65	1.88
Marketing Expense	0.09	0.12	0.09	0.08	0.11	0.10	0.07	0.10	0.11	0.16	0.10
Property & Liability Insurance Claims	0.28	0.52	0.40	0.38	0.38	0.37	0.34	0.30	0.31	0.25	0.29
Other Operating Expenses	1.79	1.41	1.50	1.48	1.48	1.43	1.72	1.41	1.64	1.92	1.87
Income Tax Expense	0.27	0.24	0.35	0.31	0.37	0.46	0.35	0.38	0.64	0.70	0.56
Basic Earnings per Share	$0.19	$0.19	$0.23	$0.20	$0.25	$0.25	$0.20	$0.27	$0.37	$0.36	$0.29
Weighted Average Basic Shares Outstanding	11.24M	11.12M	11.07M	10.99M	10.91M	10.50M	10.41M	10.43M	10.45M	10.50M	10.50M
Diluted Earnings per Share	$0.19	$0.19	$0.23	$0.20	$0.24	$0.25	$0.20	$0.26	$0.36	$0.35	$0.28
Weighted Average Diluted Shares Outstanding	11.24M	11.12M	11.07M	10.99M	10.91M	10.50M	10.41M	10.43M	10.45M	10.50M	10.50M
Weighted Average Basic & Diluted Shares Outstanding	11.24M	11.12M	11.07M	10.99M	10.91M	10.50M	10.41M	10.43M	10.45M	10.50M	10.50M
Cash Dividends to Common per Share	$0.14	-	$0.14	$0.14	$0.14	-	$0.15	$0.15	$0.15	-	$0.15

This table details how cash moves in and out of Richmond Mutual Bancorporation's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	-1.20	26	8.17	-26	-7.12	4.32	1.52	11
Net Cash From Operating Activities	8.46	10	17	-9.65	18	12	15	16
Net Cash From Continuing Operating Activities	3.54	10	17	-9.65	18	12	15	16
Net Income / (Loss) Continuing Operations	0.00	-14	10	11	13	9.49	9.38	12
Consolidated Net Income / (Loss)	-	-14	10	11	13	9.49	9.38	12
Provision For Loan Losses	1.68	2.60	3.77	1.43	0.60	0.53	0.55	2.15
Depreciation Expense	0.90	0.90	1.00	1.12	1.06	0.98	0.85	0.89
Amortization Expense	1.02	1.22	1.35	-0.20	0.19	0.40	0.37	0.08
Non-Cash Adjustments to Reconcile Net Income	-21	18	-0.39	0.85	2.60	2.59	2.00	0.81
Changes in Operating Assets and Liabilities, net	21	1.85	0.83	-24	0.73	-1.88	1.61	0.45
Net Cash From Investing Activities	-102	-107	-89	-212	-116	-123	-49	-1.14
Net Cash From Continuing Investing Activities	-80	-107	-89	-212	-116	-123	-49	-1.14
Purchase of Property, Leasehold Improvements and Equipment	-1.33	-0.96	-1.88	-0.58	-0.39	-0.62	-0.46	-1.36
Purchase of Investment Securities	-0.27	-165	-169	-281	-150	-146	-78	-26
Sale of Property, Leasehold Improvements and Equipment	-	0.00	0.03	-	0.00	0.00	0.01	0.00
Sale and/or Maturity of Investments	20	94	132	70	34	24	29	26
Net Cash From Financing Activities	92	122	81	196	91	115	36	-3.46
Net Cash From Continuing Financing Activities	92	122	81	196	91	115	36	-3.46
Net Change in Deposits	60	-3.42	76	207	105	36	53	21
Issuance of Debt	460	85	64	209	328	542	289	296
Repayment of Debt	-428	-72	-48	-199	-328	-451	-295	-309
Repurchase of Common Equity	-	-	-9.08	-12	-9.86	-6.25	-5.04	-5.63
Payment of Dividends	-	0.00	-1.84	-9.28	-4.41	-5.92	-5.70	-5.84
Other Financing Activities, Net	0.04	113	-0.05	0.17	0.03	0.03	0.00	0.06
Cash Interest Paid	7.44	11	9.47	7.65	9.11	27	41	43
Cash Income Taxes Paid	0.00	0.00	1.05	2.90	2.18	2.05	-0.41	1.34

This table details how cash moves in and out of Richmond Mutual Bancorporation's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Change in Cash & Equivalents	3.19	-0.41	0.05	-1.27	0.55	2.19	5.27	0.18	7.05	-1.13	1.67
Net Cash From Operating Activities	1.93	3.79	2.16	2.92	2.88	6.79	2.18	4.84	6.28	2.67	2.79
Net Cash From Continuing Operating Activities	1.93	3.79	2.16	2.92	2.88	6.79	2.18	4.84	6.28	2.67	2.79
Net Income / (Loss) Continuing Operations	1.95	1.94	2.37	2.06	2.47	2.48	1.97	2.60	3.60	3.41	2.79
Consolidated Net Income / (Loss)	1.95	1.94	2.37	2.06	2.47	2.48	1.97	2.60	3.60	3.41	2.79
Provision For Loan Losses	0.05	0.30	0.18	0.27	-0.10	0.20	0.73	0.74	0.27	0.41	0.69
Depreciation Expense	0.24	0.22	0.21	0.21	0.21	0.21	0.22	0.22	0.22	0.23	0.22
Amortization Expense	0.11	0.16	0.15	0.09	0.05	0.08	0.04	-0.02	0.09	-0.02	0.04
Non-Cash Adjustments to Reconcile Net Income	0.69	1.38	-0.29	0.77	0.06	1.46	-0.40	0.90	0.58	-0.27	0.08
Changes in Operating Assets and Liabilities, net	-1.12	-0.22	-0.46	-0.49	0.18	2.37	-0.38	0.40	1.52	-1.09	-1.05
Net Cash From Investing Activities	-22	-22	-30	-11	11	-19	-12	15	-6.78	3.17	4.76
Net Cash From Continuing Investing Activities	-22	-22	-30	-11	11	-19	-12	15	-6.78	3.17	4.76
Purchase of Property, Leasehold Improvements and Equipment	-0.05	-0.19	-0.12	-0.11	-0.11	-0.12	-0.08	-0.63	-0.46	-0.20	-0.32
Purchase of Investment Securities	-28	-27	-35	-19	-0.47	-24	-17	4.03	-13	-0.10	0.61
Sale and/or Maturity of Investments	5.70	5.03	4.74	7.84	11	5.04	5.10	11	6.42	3.47	4.48
Net Cash From Financing Activities	23	18	28	6.78	-13	14	15	-19	7.56	-6.97	-5.88
Net Cash From Continuing Financing Activities	23	18	28	6.78	-13	14	15	-19	7.56	-6.97	-5.88
Net Change in Deposits	14	-13	29	30	-11	4.85	12	-9.27	22	-3.37	-8.53
Issuance of Debt	90	60	58	80	93	58	112	67	50	67	73
Repayment of Debt	-78	-27	-56	-101	-93	-45	-103	-74	-63	-69	-69
Repurchase of Common Equity	-1.69	-0.98	-1.07	-1.14	-0.89	-1.95	-4.23	-1.40	-	-	0.00
Payment of Dividends	-1.47	-1.45	-1.44	-1.44	-1.42	-1.40	-1.49	-1.44	-1.45	-1.46	-1.46
Other Financing Activities, Net	0.08	-0.08	0.11	-0.09	0.09	-0.11	0.14	-0.06	0.13	-0.15	0.12
Cash Interest Paid	7.90	8.53	10	11	11	9.41	12	10	11	9.80	11

This table presents Richmond Mutual Bancorporation's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	850	986	1,084	1,268	1,328	1,461	1,505	1,526
Cash and Due from Banks	25	9.09	17	8.47	7.78	8.58	8.99	9.28
Interest Bearing Deposits at Other Banks	-4.86	32	32	15	8.63	12	13	26
Trading Account Securities	144	218	259	367	292	288	263	255
Loans and Leases, Net of Allowance	0.00	0.00	0.00	0.00	962	1,090	1,159	1,177
Premises and Equipment, Net	14	14	15	14	14	13	13	13
Other Assets	22	714	762	863	44	49	48	45
Total Liabilities & Shareholders' Equity	850	986	1,084	1,268	1,328	1,461	1,505	1,526
Total Liabilities	764	798	891	1,087	1,196	1,326	1,372	1,380
Non-Interest Bearing Deposits	679	60	99	114	106	114	110	100
Interest Bearing Deposits	563	557	595	786	899	927	984	1,015
Short-Term Debt	-	-	-	-	-	-	0.00	12
Long-Term Debt	-136	154	170	180	180	271	265	240
Other Long-Term Liabilities	6.48	26	28	6.45	9.82	13	12	12
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	86	188	193	180	132	135	133	146
Total Preferred & Common Equity	86	188	193	180	132	135	133	146
Total Common Equity	86	188	193	180	132	135	133	146
Common Stock	13	133	124	114	106	101	98	93
Retained Earnings	77	70	78	80	88	88	92	97
Accumulated Other Comprehensive Income / (Loss)	-4.38	-0.66	3.71	-1.21	-50	-43	-46	-35
Other Equity Adjustments	0.00	-14	-14	-13	-12	-11	-11	-9.99

This table presents Richmond Mutual Bancorporation's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026
Period end date	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025	6/30/2025	9/30/2025	3/31/2026
Total Assets	1,423	1,488	1,495	1,493	1,523	1,508	1,526	1,519
Cash and Due from Banks	9.00	8.44	8.32	8.52	10	12	11	9.70
Interest Bearing Deposits at Other Banks	12	12	11	11	17	16	23	28
Trading Account Securities	270	281	272	272	259	252	255	249
Loans and Leases, Net of Allowance	1,067	1,123	1,141	1,141	1,176	1,168	1,178	1,174
Premises and Equipment, Net	13	13	13	13	13	13	13	13
Other Assets	52	50	50	47	47	47	45	45
Total Liabilities & Shareholders' Equity	1,423	1,488	1,495	1,493	1,523	1,508	1,526	1,519
Total Liabilities	1,304	1,355	1,364	1,353	1,392	1,375	1,386	1,374
Non-Interest Bearing Deposits	116	109	103	99	103	106	111	99
Interest Bearing Deposits	939	962	998	991	1,003	991	1,008	1,008
Short-Term Debt	-	-	-	-	-	-	-	0.00
Long-Term Debt	238	273	252	252	274	267	254	256
Other Long-Term Liabilities	12	12	11	11	11	11	12	11
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	119	132	131	140	131	132	140	145
Total Preferred & Common Equity	119	132	131	140	131	132	140	145
Total Common Equity	119	132	131	140	131	132	140	145
Common Stock	102	101	100	99	94	93	93	93
Retained Earnings	88	89	89	91	92	93	95	99
Accumulated Other Comprehensive Income / (Loss)	-60	-46	-47	-39	-45	-43	-38	-37
Other Equity Adjustments	-12	-11	-11	-11	-11	-10	-10	-9.80

This table displays calculated financial ratios and metrics derived from Richmond Mutual Bancorporation's official financial filings.

Metric	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
DEI Shares Outstanding	0.00	13,526,625.00	13,299,380.00	12,424,489.00	11,795,238.00	11,244,669.00	-	10,450,007.00
DEI Adjusted Shares Outstanding	0.00	13,526,625.00	13,299,380.00	12,424,489.00	11,795,238.00	11,244,669.00	-	10,450,007.00
DEI Earnings Per Adjusted Shares Outstanding	0.00	-1.04	0.75	0.90	1.10	0.84	-	1.11
Growth Metrics	-	-	-	-	-	-	-	-
Revenue Growth	0.00%	42.82%	17.55%	8.41%	6.52%	-9.10%	2.82%	12.52%
EBITDA Growth	0.00%	-1,647.03%	186.03%	-2.28%	17.23%	-27.18%	-2.43%	21.04%
EBIT Growth	0.00%	-2,333.89%	164.48%	8.69%	15.97%	-30.14%	-1.26%	25.68%
NOPAT Growth	0.00%	-338.88%	173.86%	11.25%	16.34%	-26.83%	-1.15%	23.45%
Net Income Growth	0.00%	-348.06%	171.13%	11.25%	16.34%	-26.83%	-1.15%	23.45%
EPS Growth	0.00%	0.00%	164.57%	17.07%	21.88%	-22.22%	1.10%	27.17%
Operating Cash Flow Growth	0.00%	19.35%	64.15%	-158.20%	288.27%	-33.29%	21.78%	8.25%
Free Cash Flow Firm Growth	0.00%	0.00%	97.31%	222.63%	356.50%	-237.55%	120.68%	-32.81%
Invested Capital Growth	0.00%	780.22%	6.12%	-0.62%	-13.34%	29.92%	-1.97%	-0.02%
Revenue Q/Q Growth	0.00%	96.86%	-14.63%	0.69%	1.57%	-3.22%	1.28%	4.26%
EBITDA Q/Q Growth	0.00%	-12.75%	268.48%	1.33%	4.74%	-12.43%	5.86%	8.02%
EBIT Q/Q Growth	0.00%	-12.75%	963.98%	1.07%	4.82%	-14.03%	7.51%	9.41%
NOPAT Q/Q Growth	0.00%	-4,372.18%	282.88%	1.74%	4.73%	-12.56%	6.04%	8.77%
Net Income Q/Q Growth	0.00%	-19,349.95%	298.30%	1.74%	4.73%	-12.56%	6.04%	8.77%
EPS Q/Q Growth	0.00%	0.00%	305.00%	2.13%	7.34%	-11.65%	6.98%	9.35%
Operating Cash Flow Q/Q Growth	0.00%	16.06%	54.23%	-178.19%	1,022.75%	1.88%	25.56%	-20.53%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	-103.41%	103.78%	-24.66%	-148.41%	165.40%	35.12%
Invested Capital Q/Q Growth	0.00%	0.13%	2,214.04%	-5.30%	0.13%	13.80%	1.49%	0.95%
Profitability Metrics	-	-	-	-	-	-	-	-
EBITDA Margin	4.65%	-50.36%	36.86%	33.22%	36.57%	29.29%	27.80%	29.90%
EBIT Margin	-3.32%	-56.56%	31.03%	31.11%	33.86%	26.03%	24.99%	27.92%
Profit (Net Income) Margin	23.67%	-41.11%	24.87%	25.53%	27.88%	22.44%	21.57%	23.67%
Tax Burden Percent	81.62%	72.69%	80.17%	82.07%	82.33%	86.22%	86.32%	84.79%
Interest Burden Percent	-873.75%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	18.37%	0.00%	19.83%	17.93%	17.67%	13.78%	13.68%	15.21%
Return on Invested Capital (ROIC)	0.00%	-9.30%	2.84%	3.08%	3.85%	2.64%	2.33%	2.91%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	-15.12%	2.84%	3.08%	3.85%	2.64%	2.33%	2.91%
Return on Net Nonoperating Assets (RNNOA)	0.00%	-0.99%	2.42%	2.89%	4.43%	4.46%	4.67%	5.40%
Return on Equity (ROE)	6.61%	-10.29%	5.27%	5.97%	8.29%	7.10%	7.01%	8.31%
Cash Return on Invested Capital (CROIC)	0.00%	-118.67%	-3.10%	3.70%	18.15%	-23.39%	4.32%	2.93%
Operating Return on Assets (OROA)	-0.09%	-2.11%	1.21%	1.15%	1.21%	0.79%	0.73%	0.90%
Return on Assets (ROA)	0.67%	-1.53%	0.97%	0.95%	1.00%	0.68%	0.63%	0.76%
Return on Common Equity (ROCE)	6.61%	-10.29%	5.27%	5.97%	8.29%	7.10%	7.01%	8.31%
Return on Equity Simple (ROE_SIMPLE)	6.61%	-7.50%	5.20%	6.18%	9.79%	7.03%	7.06%	7.94%
Net Operating Profit after Tax (NOPAT)	5.68	-14	10	11	13	9.49	9.38	12
NOPAT Margin	23.67%	-39.59%	24.87%	25.53%	27.88%	22.44%	21.57%	23.67%
Net Nonoperating Expense Percent (NNEP)	0.00%	5.82%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	67.53%	116.11%	48.03%	53.28%	52.35%	55.91%	56.65%	51.57%
Operating Expenses to Revenue	96.32%	148.97%	59.61%	65.62%	64.85%	72.71%	73.74%	67.68%
Earnings before Interest and Taxes (EBIT)	-0.80	-19	12	14	16	11	11	14
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	1.12	-17	15	15	17	12	12	15
Valuation Ratios	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.97	0.81	1.00	1.08	0.91	1.15	1.00
Price to Tangible Book Value (P/TBV)	0.00	0.97	0.81	1.00	1.08	0.91	1.15	1.00
Price to Revenue (P/Rev)	0.00	5.34	3.87	4.13	3.07	2.89	3.51	2.97
Price to Earnings (P/E)	0.00	0.00	15.55	16.20	11.01	12.89	16.26	12.54
Dividend Yield	0.00%	0.00%	1.28%	5.37%	3.30%	5.15%	4.01%	4.32%
Earnings Yield	0.00%	0.00%	6.43%	6.17%	9.08%	7.76%	6.15%	7.98%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.87	0.76	0.94	0.98	0.92	0.99	0.91
Enterprise Value to Revenue (EV/Rev)	0.00	8.65	6.88	7.73	6.59	8.82	9.10	7.40
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	18.66	23.27	18.02	30.12	32.73	24.75
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	22.17	24.85	19.45	33.90	36.40	26.51
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	27.66	30.28	23.63	39.32	42.17	31.27
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	29.34	16.72	0.00	16.87	30.79	26.81	22.67
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	25.23	5.02	0.00	22.77	31.02
Leverage & Solvency	-	-	-	-	-	-	-	-
Debt to Equity	-1.59	0.82	0.88	1.00	1.36	2.01	1.99	1.73
Long-Term Debt to Equity	-1.59	0.82	0.88	1.00	1.36	2.01	1.99	1.65
Financial Leverage	-1.59	0.07	0.85	0.94	1.15	1.69	2.00	1.86
Leverage Ratio	9.90	6.71	5.44	6.30	8.30	10.44	11.08	10.88
Compound Leverage Factor	-86.47	6.71	5.44	6.30	8.30	10.44	11.08	10.88
Debt to Total Capital	270.86%	45.06%	46.87%	49.93%	57.62%	66.77%	66.60%	63.35%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	3.02%
Long-Term Debt to Total Capital	270.86%	45.06%	46.87%	49.93%	57.62%	66.77%	66.60%	60.33%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	-170.86%	54.94%	53.13%	50.07%	42.38%	33.23%	33.40%	36.65%
Debt to EBITDA	-122.03	-8.93	11.45	12.41	10.59	21.88	21.93	17.23
Net Debt to EBITDA	-140.16	-6.57	8.17	10.82	9.62	20.25	20.11	14.82
Long-Term Debt to EBITDA	-122.03	-8.93	11.45	12.41	10.59	21.88	21.93	16.41
Debt to NOPAT	-23.97	-11.35	16.97	16.15	13.88	28.57	28.26	21.77
Net Debt to NOPAT	-27.53	-8.36	12.10	14.08	12.62	26.43	25.91	18.73
Long-Term Debt to NOPAT	-23.97	-11.35	16.97	16.15	13.88	28.57	28.26	20.73
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	-406	-11	13	61	-84	17	12
Operating Cash Flow to CapEx	636.82%	1,051.77%	896.23%	-1,664.69%	4,715.71%	1,962.10%	3,246.72%	1,172.59%
Free Cash Flow to Firm to Interest Expense	0.00	-36.36	-1.16	1.74	5.98	-2.82	0.42	0.28
Operating Cash Flow to Interest Expense	0.55	0.91	1.76	-1.26	1.78	0.41	0.35	0.38
Operating Cash Flow Less CapEx to Interest Expense	0.46	0.82	1.57	-1.33	1.74	0.39	0.34	0.35
Efficiency Ratios	-	-	-	-	-	-	-	-
Asset Turnover	0.03	0.04	0.04	0.04	0.04	0.03	0.03	0.03
Fixed Asset Turnover	1.71	2.44	2.78	2.99	3.32	3.13	3.31	3.72
Capital & Investment Metrics	-	-	-	-	-	-	-	-
Invested Capital	-50	342	363	360	312	406	398	398
Invested Capital Turnover	-0.48	0.24	0.11	0.12	0.14	0.12	0.11	0.12
Increase / (Decrease) in Invested Capital	0.00	392	21	-2.23	-48	93	-7.99	-0.09
Enterprise Value (EV)	0.00	296	277	337	306	373	395	362
Market Capitalization	0.00	183	156	181	143	122	153	145
Book Value per Share	$0.00	$13.88	$14.49	$14.53	$11.22	$11.99	$12.18	$13.95
Tangible Book Value per Share	$0.00	$13.88	$14.49	$14.53	$11.22	$11.99	$12.18	$13.95
Total Capital	-50	342	363	360	312	406	398	398
Total Debt	-136	154	170	180	180	271	265	252
Total Long-Term Debt	-136	154	170	180	180	271	265	240
Net Debt	-156	113	121	157	164	251	243	217
Capital Expenditures (CapEx)	1.33	0.96	1.85	0.58	0.39	0.62	0.45	1.36
Net Nonoperating Expense (NNE)	0.00	0.52	0.00	0.00	0.00	0.00	0.00	0.00
Net Nonoperating Obligations (NNO)	-136	154	170	180	180	271	265	252
Total Depreciation and Amortization (D&A)	1.91	2.12	2.35	0.93	1.26	1.38	1.22	0.97
Earnings Adjustments	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	($1.27)	$0.82	$0.98	$1.20	$0.91	$0.93	$1.20
Adjusted Weighted Average Basic Shares Outstanding	0.00	13.53M	13.05M	12.31M	11.70M	11.12M	10.50M	10.50M
Adjusted Diluted Earnings per Share	$0.00	($1.27)	$0.82	$0.96	$1.17	$0.91	$0.92	$1.17
Adjusted Weighted Average Diluted Shares Outstanding	0.00	13.53M	13.05M	12.31M	11.70M	11.12M	10.50M	10.50M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	13.53M	13.05M	12.31M	11.70M	11.12M	10.50M	10.50M
Normalized Net Operating Profit after Tax (NOPAT)	5.68	-14	10	11	13	9.49	9.38	12
Normalized NOPAT Margin	23.67%	-39.59%	24.87%	25.53%	27.88%	22.44%	21.57%	23.67%
Pre Tax Income Margin	29.00%	-56.56%	31.03%	31.11%	33.86%	26.03%	24.99%	27.92%
Debt Service Ratios	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-0.05	-1.74	1.33	1.77	1.54	0.37	0.26	0.32
NOPAT to Interest Expense	0.37	-1.22	1.07	1.45	1.27	0.32	0.22	0.28
EBIT Less CapEx to Interest Expense	-0.14	-1.82	1.13	1.69	1.50	0.35	0.25	0.29
NOPAT Less CapEx to Interest Expense	0.28	-1.30	0.87	1.38	1.23	0.30	0.21	0.24
Payout Ratios	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	18.36%	83.24%	33.99%	62.41%	60.75%	50.40%
Augmented Payout Ratio	0.00%	0.00%	109.01%	190.14%	110.04%	128.30%	114.52%	99.07%

This table displays calculated financial ratios and metrics derived from Richmond Mutual Bancorporation's official financial filings.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
DEI Shares Outstanding	11,423,075.00	11,244,669.00	11,115,887.00	11,065,459.00	10,991,907.00	-	10,495,688.00	10,407,488.00	10,426,263.00	10,450,007.00	10,501,260.00
DEI Adjusted Shares Outstanding	11,423,075.00	11,244,669.00	11,115,887.00	11,065,459.00	10,991,907.00	-	10,495,688.00	10,407,488.00	10,426,263.00	10,450,007.00	10,501,260.00
DEI Earnings Per Adjusted Shares Outstanding	0.17	0.17	0.21	0.19	0.22	-	0.19	0.25	0.35	0.33	0.27
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-12.07%	-11.79%	-0.05%	1.68%	4.60%	5.21%	4.18%	10.77%	17.06%	18.07%	11.59%
EBITDA Growth	-36.77%	-40.69%	-17.78%	-23.76%	20.51%	26.13%	-16.57%	19.38%	46.75%	33.61%	40.54%
EBIT Growth	-41.11%	-45.20%	-20.81%	-25.31%	27.85%	34.85%	-14.86%	26.16%	49.29%	40.01%	44.51%
NOPAT Growth	-38.30%	-41.23%	-18.43%	-23.46%	26.84%	27.50%	-16.91%	26.28%	45.52%	37.70%	41.51%
Net Income Growth	-38.30%	-41.23%	-18.43%	-23.46%	26.84%	27.50%	-16.91%	26.28%	45.52%	37.70%	41.51%
EPS Growth	-34.48%	-38.71%	-14.81%	-23.08%	26.32%	31.58%	-13.04%	30.00%	50.00%	40.00%	40.00%
Operating Cash Flow Growth	-58.27%	6.28%	-39.74%	3.77%	49.60%	79.26%	0.85%	66.06%	117.85%	-60.73%	27.74%
Free Cash Flow Firm Growth	-159.47%	-278.08%	-468.91%	31.18%	22.92%	111.43%	102.91%	43.81%	104.82%	-66.55%	180.44%
Invested Capital Growth	14.32%	29.92%	26.82%	7.37%	9.92%	-1.97%	-0.11%	4.23%	0.51%	-0.02%	-0.99%
Revenue Q/Q Growth	-2.16%	2.19%	4.30%	-2.50%	0.65%	2.79%	3.28%	3.67%	6.37%	3.67%	-2.39%
EBITDA Q/Q Growth	-26.39%	-0.48%	20.39%	-13.55%	16.35%	4.15%	-20.36%	23.70%	43.03%	-5.18%	-16.23%
EBIT Q/Q Growth	-29.83%	-2.05%	25.00%	-13.06%	20.11%	3.32%	-21.09%	28.83%	42.13%	-3.10%	-18.55%
NOPAT Q/Q Growth	-27.61%	-0.35%	21.99%	-13.02%	19.96%	0.17%	-20.50%	32.19%	38.24%	-5.21%	-18.31%
Net Income Q/Q Growth	-27.61%	-0.35%	21.99%	-13.02%	19.96%	0.17%	-20.50%	32.19%	38.24%	-5.21%	-18.31%
EPS Q/Q Growth	-26.92%	0.00%	21.05%	-13.04%	20.00%	4.17%	-20.00%	30.00%	38.46%	-2.78%	-20.00%
Operating Cash Flow Q/Q Growth	-31.49%	96.69%	-42.93%	34.92%	-1.22%	135.68%	-67.89%	122.15%	29.58%	-57.52%	4.46%
Free Cash Flow Firm Q/Q Growth	-21.36%	-114.31%	8.91%	70.95%	-35.93%	131.78%	-76.80%	-660.71%	111.67%	120.35%	94.47%
Invested Capital Q/Q Growth	-0.06%	13.80%	-0.12%	-5.50%	2.33%	1.49%	1.77%	-1.39%	-1.32%	0.95%	0.79%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	25.03%	24.37%	28.13%	24.94%	28.83%	29.22%	22.53%	26.88%	36.15%	33.06%	28.37%
EBIT Margin	21.61%	20.71%	24.82%	22.13%	26.41%	26.55%	20.29%	25.21%	33.68%	31.48%	26.27%
Profit (Net Income) Margin	18.95%	18.48%	21.61%	19.28%	22.98%	22.39%	17.24%	21.98%	28.56%	26.11%	21.86%
Tax Burden Percent	87.69%	89.20%	87.06%	87.10%	87.00%	84.34%	84.97%	87.19%	84.80%	82.95%	83.20%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	12.31%	10.80%	12.94%	12.90%	13.00%	15.66%	15.03%	12.81%	15.20%	17.05%	16.80%
Return on Invested Capital (ROIC)	2.48%	2.18%	2.52%	2.21%	2.63%	2.42%	1.87%	2.53%	3.41%	3.21%	2.72%
ROIC Less NNEP Spread (ROIC-NNEP)	2.48%	2.18%	2.52%	2.21%	2.63%	2.42%	1.87%	2.53%	3.41%	3.21%	2.72%
Return on Net Nonoperating Assets (RNNOA)	4.32%	3.67%	4.28%	4.04%	4.99%	4.85%	3.88%	4.99%	6.16%	5.96%	5.24%
Return on Equity (ROE)	6.79%	5.85%	6.80%	6.25%	7.62%	7.27%	5.75%	7.52%	9.57%	9.17%	7.96%
Cash Return on Invested Capital (CROIC)	-10.11%	-23.39%	-21.18%	-4.85%	-7.09%	4.32%	2.33%	-1.71%	2.20%	2.93%	4.07%
Operating Return on Assets (OROA)	0.70%	0.63%	0.74%	0.65%	0.78%	0.78%	0.59%	0.76%	1.05%	1.02%	0.87%
Return on Assets (ROA)	0.61%	0.56%	0.64%	0.56%	0.68%	0.66%	0.50%	0.66%	0.89%	0.84%	0.72%
Return on Common Equity (ROCE)	6.79%	5.85%	6.80%	6.25%	7.62%	7.27%	5.75%	7.52%	9.57%	9.17%	7.96%
Return on Equity Simple (ROE_SIMPLE)	9.15%	0.00%	6.76%	6.35%	6.32%	0.00%	6.86%	7.19%	7.60%	0.00%	8.55%
Net Operating Profit after Tax (NOPAT)	1.95	1.94	2.37	2.06	2.47	2.48	1.97	2.60	3.60	3.41	2.79
NOPAT Margin	18.95%	18.48%	21.61%	19.28%	22.98%	22.39%	17.24%	21.98%	28.56%	26.11%	21.86%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	57.74%	57.96%	56.10%	57.93%	57.19%	55.43%	55.27%	54.03%	48.76%	48.81%	51.41%
Operating Expenses to Revenue	77.91%	76.39%	73.51%	75.34%	74.51%	71.68%	73.31%	68.50%	64.18%	65.39%	68.29%
Earnings before Interest and Taxes (EBIT)	2.22	2.18	2.72	2.37	2.84	2.94	2.32	2.98	4.24	4.11	3.35
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	2.57	2.56	3.08	2.67	3.10	3.23	2.57	3.18	4.55	4.32	3.62
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.02	0.91	0.89	0.95	0.97	1.15	0.98	1.09	1.06	1.00	0.98
Price to Tangible Book Value (P/TBV)	1.02	0.91	0.89	0.95	0.97	1.15	0.98	1.09	1.06	1.00	0.98
Price to Revenue (P/Rev)	2.78	2.89	2.80	2.93	3.16	3.51	2.93	3.19	3.16	2.97	2.84
Price to Earnings (P/E)	11.19	12.89	13.20	14.94	15.35	16.26	14.33	15.09	13.92	12.54	11.50
Dividend Yield	4.89%	5.15%	5.27%	4.99%	4.53%	4.01%	4.65%	4.20%	4.15%	4.32%	4.42%
Earnings Yield	8.94%	7.76%	7.57%	6.69%	6.51%	6.15%	6.98%	6.63%	7.18%	7.98%	8.70%
Enterprise Value to Invested Capital (EV/IC)	0.95	0.92	0.92	0.93	0.94	0.99	0.93	0.96	0.93	0.91	0.90
Enterprise Value to Revenue (EV/Rev)	7.75	8.82	8.78	8.42	8.57	9.10	8.55	8.50	7.84	7.40	7.18
Enterprise Value to EBITDA (EV/EBITDA)	23.94	30.12	31.66	32.82	32.24	32.73	32.44	31.69	27.17	24.75	23.03
Enterprise Value to EBIT (EV/EBIT)	26.45	33.90	36.05	37.66	36.41	36.40	35.89	34.58	29.48	26.51	24.58
Enterprise Value to NOPAT (EV/NOPAT)	31.20	39.32	41.43	42.94	41.60	42.17	41.81	40.25	34.57	31.27	29.12
Enterprise Value to Operating Cash Flow (EV/OCF)	28.47	30.79	34.70	33.10	31.31	26.81	25.41	22.94	18.31	22.67	21.77
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	22.77	39.78	0.00	42.61	31.02	21.98
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	2.01	2.01	2.06	1.92	1.80	1.99	2.09	2.02	1.81	1.73	1.77
Long-Term Debt to Equity	2.01	2.01	2.06	1.92	1.80	1.99	2.09	2.02	1.81	1.65	1.77
Financial Leverage	1.74	1.69	1.70	1.82	1.89	2.00	2.08	1.97	1.81	1.86	1.92
Leverage Ratio	11.09	10.44	10.61	11.09	11.27	11.08	11.43	11.40	10.78	10.88	11.03
Compound Leverage Factor	11.09	10.44	10.61	11.09	11.27	11.08	11.43	11.40	10.78	10.88	11.03
Debt to Total Capital	66.74%	66.77%	67.34%	65.78%	64.28%	66.60%	67.67%	66.86%	64.46%	63.35%	63.85%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	3.02%	0.00%
Long-Term Debt to Total Capital	66.74%	66.77%	67.34%	65.78%	64.28%	66.60%	67.67%	66.86%	64.46%	60.33%	63.85%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	33.26%	33.23%	32.66%	34.22%	35.72%	33.40%	32.33%	33.14%	35.54%	36.65%	36.15%
Debt to EBITDA	16.83	21.88	23.30	23.15	22.08	21.93	23.68	22.09	18.76	17.23	16.34
Net Debt to EBITDA	15.35	20.25	21.57	21.40	20.34	20.11	21.32	19.81	16.23	14.82	13.94
Long-Term Debt to EBITDA	16.83	21.88	23.30	23.15	22.08	21.93	23.68	22.09	18.76	16.41	16.34
Debt to NOPAT	21.94	28.57	30.50	30.29	28.50	28.26	30.52	28.05	23.86	21.77	20.66
Net Debt to NOPAT	20.01	26.43	28.23	28.00	26.25	25.91	27.48	25.16	20.65	18.73	17.62
Long-Term Debt to NOPAT	21.94	28.57	30.50	30.29	28.50	28.26	30.52	28.05	23.86	20.73	20.66
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-43	-92	-83	-24	-33	10	2.43	-14	1.59	3.50	6.81
Operating Cash Flow to CapEx	4,091.21%	1,955.73%	1,872.92%	2,553.88%	2,513.45%	5,851.71%	2,870.34%	772.06%	1,359.39%	1,356.07%	858.26%
Free Cash Flow to Firm to Interest Expense	-5.15	-9.90	-8.62	-2.30	-3.04	0.97	0.23	-1.29	0.15	0.34	0.70
Operating Cash Flow to Interest Expense	0.23	0.41	0.22	0.28	0.27	0.63	0.21	0.46	0.60	0.26	0.29
Operating Cash Flow Less CapEx to Interest Expense	0.23	0.39	0.21	0.27	0.26	0.62	0.20	0.40	0.55	0.24	0.25
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03
Fixed Asset Turnover	3.22	3.13	3.17	3.18	3.26	3.31	3.38	3.43	3.55	3.72	3.82
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	357	406	405	383	392	398	405	399	394	398	401
Invested Capital Turnover	0.13	0.12	0.12	0.11	0.11	0.11	0.11	0.12	0.12	0.12	0.12
Increase / (Decrease) in Invested Capital	45	93	86	26	35	-7.99	-0.46	16	2.01	-0.09	-4.02
Enterprise Value (EV)	339	373	371	357	368	395	375	383	368	362	361
Market Capitalization	121	122	118	124	136	153	129	144	148	145	143
Book Value per Share	$10.39	$11.99	$11.91	$11.85	$12.74	$12.18	$12.47	$12.71	$13.43	$13.95	$13.80
Tangible Book Value per Share	$10.39	$11.99	$11.91	$11.85	$12.74	$12.18	$12.47	$12.71	$13.43	$13.95	$13.80
Total Capital	357	406	405	383	392	398	405	399	394	398	401
Total Debt	238	271	273	252	252	265	274	267	254	252	256
Total Long-Term Debt	238	271	273	252	252	265	274	267	254	240	256
Net Debt	217	251	253	233	232	243	247	239	220	217	218
Capital Expenditures (CapEx)	0.05	0.19	0.12	0.11	0.11	0.12	0.08	0.63	0.46	0.20	0.32
Net Nonoperating Expense (NNE)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Nonoperating Obligations (NNO)	238	271	273	252	252	265	274	267	254	252	256
Total Depreciation and Amortization (D&A)	0.35	0.38	0.36	0.30	0.26	0.30	0.26	0.20	0.31	0.21	0.27
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.19	$0.19	$0.23	$0.20	$0.25	$0.25	$0.20	$0.27	$0.37	$0.36	$0.29
Adjusted Weighted Average Basic Shares Outstanding	11.24M	11.12M	11.07M	10.99M	10.91M	10.50M	10.41M	10.43M	10.45M	10.50M	10.50M
Adjusted Diluted Earnings per Share	$0.19	$0.19	$0.23	$0.20	$0.24	$0.25	$0.20	$0.26	$0.36	$0.35	$0.28
Adjusted Weighted Average Diluted Shares Outstanding	11.24M	11.12M	11.07M	10.99M	10.91M	10.50M	10.41M	10.43M	10.45M	10.50M	10.50M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	11.24M	11.12M	11.07M	10.99M	10.91M	10.50M	10.41M	10.43M	10.45M	10.50M	10.50M
Normalized Net Operating Profit after Tax (NOPAT)	1.95	1.94	2.37	2.06	2.47	2.48	1.97	2.60	3.60	3.41	2.79
Normalized NOPAT Margin	18.95%	18.48%	21.61%	19.28%	22.98%	22.39%	17.24%	21.98%	28.56%	26.11%	21.86%
Pre Tax Income Margin	21.61%	20.71%	24.82%	22.13%	26.41%	26.55%	20.29%	25.21%	33.68%	31.48%	26.27%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.27	0.24	0.28	0.23	0.26	0.27	0.22	0.28	0.40	0.40	0.34
NOPAT to Interest Expense	0.24	0.21	0.24	0.20	0.23	0.23	0.19	0.25	0.34	0.33	0.29
EBIT Less CapEx to Interest Expense	0.26	0.21	0.27	0.21	0.25	0.26	0.21	0.22	0.36	0.38	0.31
NOPAT Less CapEx to Interest Expense	0.23	0.19	0.23	0.19	0.22	0.22	0.18	0.19	0.30	0.31	0.25
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	51.23%	62.41%	65.22%	69.61%	64.91%	60.75%	64.08%	60.47%	54.33%	50.40%	46.86%
Augmented Payout Ratio	102.04%	128.30%	134.17%	128.24%	110.95%	114.52%	155.46%	149.42%	125.55%	99.07%	58.15%

Financials Breakdown Chart

Key Financial Trends

Richmond Mutual Bancorporation (NASDAQ: RMBI) started 2026 with a solid quarter on the income statement and cash flow statement, but the balance sheet still shows the familiar pressures of a bank operating in a higher-rate environment. Year over year, profitability is holding up reasonably well, though deposit costs, elevated funding expenses, and a shrinking equity cushion remain key items to watch.

Net income improved sharply year over year in Q1 2026. RMBI earned $2.8 million in Q1 2026, up from $2.0 million in Q1 2025, showing better bottom-line performance.
Pre-tax income also moved higher. Q1 2026 pre-tax income rose to $3.3 million from $2.3 million a year ago, indicating stronger operating earnings before taxes.
Operating cash flow was solid. The company generated $2.8 million in operating cash flow in Q1 2026, which supports dividends and ongoing operations.
Interest income remained strong. Total interest income reached $21.2 million in Q1 2026, up from $20.9 million in Q1 2025, suggesting the loan book is still producing healthy revenue.
Net interest income improved versus Q1 2025. Net interest income increased to $11.4 million from $10.3 million, a favorable sign for core banking profitability.
Book value support remains meaningful. Total common equity was $144.9 million at March 31, 2026, up from $130.9 million at March 31, 2025.
Loan balances were relatively stable. Net loans and leases were $1.174 billion in Q1 2026 versus $1.176 billion a year earlier, pointing to a mostly steady lending base.
Noninterest income was modest and fairly steady. Fee and service income was about $1.3 million in Q1 2026, roughly in line with prior periods, so it is not yet a major growth driver.
Deposit outflows hit the quarter. Net change in deposits was negative $8.5 million in Q1 2026, which can pressure funding stability if it persists.
Interest expense remains heavy. Q1 2026 deposit interest expense was $7.3 million and long-term debt interest expense was $2.4 million, leaving the bank sensitive to funding costs.
Credit costs increased. Provision for credit losses was $693 thousand in Q1 2026, above $409 thousand in Q4 2025 and $269 thousand in Q3 2025, suggesting some normalization or rising caution on credit quality.
Cash fell versus year-end. Cash and due from banks declined to $9.7 million from $11.4 million at Q3 2025, while the company also reported a large $10.5 million cash interest paid figure in the quarter.
Accumulated other comprehensive loss remains a drag on equity. AOCI was negative $37.0 million at Q1 2026, reflecting continued mark-to-market pressure on the securities portfolio.
Dividend and debt service continue to absorb capital. RMBI paid $1.5 million in dividends and still relied on substantial debt issuance and repayments to manage liquidity.

Overall: RMBI appears to be navigating a challenging banking environment with decent earnings, stable core revenue, and respectable operating cash flow. The positive takeaway is that profitability is holding up and improved from a year ago. The caution is that funding costs, deposit volatility, and pressure on comprehensive equity remain important risks for investors to monitor.

08/04/26 02:00 AM ETAI Generated. May Contain Errors.

Richmond Mutual Bancorporation Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Richmond Mutual Bancorporation's fiscal year ends in December. Their fiscal year 2025 ended on December 31, 2025.

Richmond Mutual Bancorporation's net income appears to be on an upward trend, with a most recent value of $11.58 million in 2025, rising from $5.68 million in 2018. The previous period was $9.38 million in 2024. See Richmond Mutual Bancorporation's forecast for analyst expectations on what's next for the company.

Over the last 7 years, Richmond Mutual Bancorporation's total revenue changed from $23.99 million in 2018 to $48.91 million in 2025, a change of 103.9%.

Richmond Mutual Bancorporation's total liabilities were at $1.38 billion at the end of 2025, a 0.6% increase from 2024, and a 80.7% increase since 2018.

In the past 7 years, Richmond Mutual Bancorporation's cash and equivalents has ranged from $7.78 million in 2022 to $25.08 million in 2018, and is currently $9.28 million as of their latest financial filing in 2025.

Over the last 7 years, Richmond Mutual Bancorporation's book value per share changed from 0.00 in 2018 to 13.95 in 2025, a change of 1,395.0%.

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Financial statements for NASDAQ:RMBI last updated on 7/9/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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Richmond Mutual Bancorporation (RMBI) Financials

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Richmond Mutual Bancorporation (RMBI) Financials

Annual Income Statements for Richmond Mutual Bancorporation

Quarterly Income Statements for Richmond Mutual Bancorporation

Annual Cash Flow Statements for Richmond Mutual Bancorporation

Quarterly Cash Flow Statements for Richmond Mutual Bancorporation

Annual Balance Sheets for Richmond Mutual Bancorporation

Quarterly Balance Sheets for Richmond Mutual Bancorporation

Annual Metrics And Ratios for Richmond Mutual Bancorporation

Quarterly Metrics And Ratios for Richmond Mutual Bancorporation

Financials Breakdown Chart

Key Financial Trends

Richmond Mutual Bancorporation Financials - Frequently Asked Questions

When does Richmond Mutual Bancorporation's financial year end?

How has Richmond Mutual Bancorporation's net income changed over the last 7 years?

How has Richmond Mutual Bancorporation's revenue changed over the last 7 years?

How much debt does Richmond Mutual Bancorporation have?

How much cash does Richmond Mutual Bancorporation have?

How has Richmond Mutual Bancorporation's book value per share changed over the last 7 years?

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