NASDAQ : RMBI
Richmond Mutual Bancorporation, Inc. — Financial statements
Financials · Banks - Regional · United States
Last price 15.86 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 253.45M
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Financial statements
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Interest Income on Loans | 94.97M | 77.38M | 71.60M | 58.79M | 44.59M | 40.58M |
| Interest Income on Investments | 8.52M | 8.52M | 8.93M | 8.62M | 7.26M | 5.35M |
| Total Interest Income | 103.49M | 85.91M | 80.53M | 67.41M | 51.86M | 45.93M |
| Interest Paid on Deposits | 34.78M | 31.25M | 31.75M | 22.81M | 7.13M | 4.94M |
| Interest Paid on Borrowings | 10.81M | 10.81M | 10.07M | 6.94M | 3.09M | 2.75M |
| Total Interest Expense | 45.60M | 42.06M | 41.82M | 29.75M | 10.22M | 7.68M |
| Net Interest Income | 57.90M | 43.85M | 38.71M | 37.66M | 41.64M | 38.24M |
| Gain (Loss) on Sale of Investments | -156.04K | -156.04K | -50.70K | 55.80K | ||
| Other Non-Interest Income | 7.44M | 3.54M | 3.02M | 2.98M | 3.29M | 2.57M |
| Total Non-Interest Income | 8.96M | 5.06M | 4.76M | 4.61M | 4.98M | 5.95M |
| Revenues Before Loan Losses | 66.85M | 48.91M | 43.47M | 42.27M | 46.62M | 44.20M |
| Provision for Loan Losses | 8.05M | 2.15M | 550.26K | 531.97K | 600.00K | 1.43M |
| Revenue | 58.81M | 46.76M | 42.92M | 41.74M | 46.02M | 42.77M |
| Salaries and Employee Benefits | 16.99M | 16.99M | 16.21M | 15.20M | 16.14M | 15.54M |
| Occupancy Expenses | 1.46M | 1.46M | 1.35M | 1.33M | 1.43M | 1.24M |
| Federal Deposit Insurance | 1.19M | 1.19M | 1.53M | 1.16M | 494.00K | 301.00K |
| Selling, General & Administrative | 8.80M | 8.80M | 9.05M | 8.86M | 8.39M | 7.88M |
| Other Non-Interest Expense | 18.95M | 4.64M | 3.88M | 4.12M | 3.67M | 3.67M |
| Total Non-Interest Expense | 47.42M | 33.10M | 32.05M | 30.74M | 30.16M | 28.65M |
| EBT Excluding Unusual Items | 11.39M | 13.65M | 10.86M | 11.00M | 15.86M | 14.12M |
| Asset Writedown | -111.00K | -538.00K | ||||
| Pretax Income | 11.39M | 13.65M | 10.86M | 11.00M | 15.75M | 13.58M |
| Income Tax Expense | 1.22M | 2.08M | 1.49M | 1.52M | 2.78M | 2.44M |
| Net Income | 10.17M | 11.58M | 9.38M | 9.49M | 12.97M | 11.14M |
| Net Income to Common | 10.17M | 11.58M | 9.38M | 9.49M | 12.97M | 11.14M |
| Basic Shares Outstanding | 11.26M | 9.67M | 10.08M | 10.40M | 10.77M | 11.36M |
| Diluted Shares Outstanding | 11.46M | 9.90M | 10.23M | 10.45M | 11.06M | 11.63M |
| EPS (Basic) | 0.90 | 1.20 | 0.93 | 0.91 | 1.20 | 0.98 |
| EPS (Diluted) | 0.89 | 1.17 | 0.92 | 0.91 | 1.17 | 0.96 |
| Dividend Per Share | 0.15 | 0.60 | 0.56 | 0.56 | 0.40 | 0.28 |
| Effective Tax Rate | 10.70% | 15.21% | 13.68% | 13.78% | 17.67% | 17.93% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 109.91M | 11.57M | 21.76M | 20.24M | 15.92M | 23.04M |
| Investment Securities | 332.16M | 164.40M | 164.63M | 176.16M | 176.08M | 204.07M |
| Mortgage-Backed Securities | 93.11M | 98.31M | 111.48M | 115.98M | 162.51M | |
| Total Investments | 332.16M | 257.51M | 262.94M | 287.64M | 292.06M | 366.58M |
| Gross Loans | 2.00B | 1.22B | 1.21B | 1.14B | 997.11M | 866.44M |
| Allowance for Loan Losses | -16.47M | -15.79M | -15.66M | -12.41M | -12.11M | |
| Other Adjustments to Gross Loans | -30.62M | -30.82M | -31.83M | -23.00M | -21.48M | |
| Net Loans | 2.00B | 1.18B | 1.16B | 1.09B | 961.69M | 832.85M |
| Property, Plant & Equipment | 34.18M | 14.03M | 13.32M | 13.76M | 14.17M | 14.35M |
| Loans Held for Sale | 219.00K | 828.00K | 1.09M | 793.50K | 473.70K | 557.50K |
| Accrued Interest Receivable | 6.30M | 6.03M | 5.84M | 4.71M | 4.19M | |
| Restricted Cash | 21.56M | |||||
| Long-Term Deferred Tax Assets | 13.88M | 16.76M | 16.18M | 17.36M | 5.89M | |
| Other Real Estate Owned & Foreclosed | 56.00K | 37.00K | 136.00K | 57.00K | 27.00K | |
| Other Long-Term Assets | 97.61M | 9.34M | 10.16M | 13.71M | 11.63M | 10.17M |
| Total Assets | 2.60B | 1.53B | 1.50B | 1.46B | 1.33B | 1.27B |
| Interest Bearing Deposits | 2.09B | 932.16M | 916.34M | 871.05M | 855.09M | 724.58M |
| Institutional Deposits | 82.65M | 67.49M | 55.71M | 43.76M | 61.30M | |
| Non-Interest Bearing Deposits | 100.09M | 110.11M | 114.38M | 106.41M | 114.30M | |
| Total Deposits | 2.09B | 1.11B | 1.09B | 1.04B | 1.01B | 900.18M |
| Short-Term Borrowings | 12.00M | |||||
| Current Portion of Long-Term Debt | 136.00M | |||||
| Current Portion of Leases | 99.00K | |||||
| Accrued Interest Payable | 3.46M | 4.83M | 4.40M | 1.37M | 258.03K | |
| Federal Home Loan Bank Debt, Long-Term | 104.00M | 265.00M | 271.00M | 180.00M | 180.00M | |
| Long-Term Leases | 544.00K | 404.00K | 457.00K | 507.00K | ||
| Other Long-Term Liabilities | 21.24M | 9.02M | 7.83M | 9.17M | 8.50M | 6.72M |
| Total Liabilities | 2.37B | 1.38B | 1.37B | 1.33B | 1.20B | 1.09B |
| Common Stock | 228.90M | 105.01K | 108.15K | 112.08K | 117.84K | 124.00K |
| Additional Paid-In Capital | 92.90M | 97.71M | 101.35M | 106.09M | 114.34M | |
| Retained Earnings | 97.32M | 91.58M | 87.90M | 88.12M | 80.16M | |
| Comprehensive Income & Other | -44.55M | -56.53M | -54.50M | -61.94M | -14.14M | |
| Total Common Equity | 228.90M | 145.78M | 132.87M | 134.86M | 132.38M | 180.48M |
| Shareholders' Equity | 228.90M | 145.78M | 132.87M | 134.86M | 132.38M | 180.48M |
| Total Liabilities & Equity | 2.60B | 1.53B | 1.50B | 1.46B | 1.33B | 1.27B |
| Total Debt | 263.59M | 252.64M | 265.40M | 271.46M | 180.51M | 180.00M |
| Net Cash (Debt) | -151.31M | -239.01M | -243.35M | -251.22M | -164.09M | -156.96M |
| Net Cash Per Share | -13.20 | -24.14 | -23.79 | -24.04 | -14.84 | -13.49 |
| Filing Date Shares Outstanding | 15.98M | 9.68M | 9.62M | 10.11M | 10.54M | 11.01M |
| Total Common Shares Outstanding | 15.98M | 9.68M | 9.94M | 10.20M | 10.63M | 11.10M |
| Book Value Per Share | 14.32 | 15.06 | 13.36 | 13.22 | 12.46 | 16.26 |
| Tangible Book Value | 228.90M | 145.78M | 132.87M | 134.86M | 132.38M | 180.48M |
| Tangible Book Value Per Share | 14.32 | 15.06 | 13.36 | 13.22 | 12.46 | 16.26 |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 11.58M | 9.38M | 9.49M | 12.97M | 11.14M | |
| Depreciation & Amortization | 1.10M | 1.04M | 1.19M | 1.29M | 1.54M | |
| Gain (Loss) on Sale of Assets | -10.57K | 1.05K | 2.24K | 10.88K | 1.28K | |
| Gain (Loss) on Sale of Investments | 910.88K | 994.01K | 1.14M | 1.55M | 2.47M | |
| Provision for Credit Losses | 2.15M | 550.26K | 531.97K | 600.00K | 1.43M | |
| Net Decrease (Increase) in Loans Originated / Sold - Operating | -264.92K | 299.42K | 319.80K | -83.80K | -1.43M | |
| Accrued Interest Receivable | -269.93K | -186.29K | -1.13M | -517.65K | 510.78K | |
| Change in Other Net Operating Assets | 2.10M | 1.36M | -3.77M | 140.21K | -24.54M | |
| Other Operating Activities | -1.10M | -700.75K | -394.86K | -599.01K | -963.61K | |
| Operating Cash Flow | 15.97M | 14.75M | 12.11M | 18.16M | -9.65M | |
| Capital Expenditures | -1.36M | -460.38K | -619.21K | -385.10K | -579.45K | |
| Sale of Property, Plant and Equipment | 6.00K | 1.80K | ||||
| Investment in Securities | 18.58M | 21.16M | 11.78M | 11.52M | -118.55M | |
| Net Decrease (Increase) in Loans Originated / Sold - Investing | -18.41M | -68.87M | -131.96M | -127.38M | -92.15M | |
| Other Investing Activities | -1.26M | -2.70M | 45.10K | -942.80K | ||
| Investing Cash Flow | -1.14M | -49.30M | -122.53M | -116.12M | -212.19M | |
| Short-Term Debt Issued | 12.00M | |||||
| Long-Term Debt Issued | 284.00M | 288.50M | 541.50M | 327.50M | 209.00M | |
| Total Debt Issued | 296.00M | 288.50M | 541.50M | 327.50M | 209.00M | |
| Long-Term Debt Repaid | -309.00M | -294.50M | -450.50M | -327.50M | -199.00M | |
| Net Debt Issued (Repaid) | -13.00M | -6.00M | 91.00M | 10.00M | ||
| Issuance of Common Stock | 127.57K | |||||
| Repurchase of Common Stock | -5.63M | -5.04M | -6.25M | -9.86M | -11.91M | |
| Common Dividends Paid | -5.84M | -5.70M | -5.92M | -4.41M | -3.33M | |
| Total Dividends Paid | -5.84M | -5.70M | -5.92M | -4.41M | -3.33M | |
| Net Increase (Decrease) in Deposit Accounts | 20.95M | 52.80M | 35.88M | 105.09M | 207.13M | |
| Other Financing Activities | 60.23K | 2.06K | 28.18K | 29.17K | 38.51K | |
| Financing Cash Flow | -3.46M | 36.06M | 114.74M | 90.85M | 196.11M | |
| Net Cash Flow | 11.37M | 1.52M | 4.32M | -7.12M | -25.73M | |
| Free Cash Flow | 14.61M | 14.29M | 11.49M | 17.78M | -10.23M | |
| Free Cash Flow Margin | 31.24% | 33.30% | 27.54% | 38.63% | -23.91% | |
| Free Cash Flow Per Share | 1.48 | 1.40 | 1.10 | 1.61 | -0.88 | |
| Cash Interest Paid | 43.44M | 41.38M | 26.72M | 9.11M | 7.65M | |
| Cash Income Tax Paid | 1.34M | -406.84K | 2.05M | 2.18M | 2.90M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 255.37M | 135.69M | 141.82M | 117.56M | 153.46M | 199.41M |
| Last Close Price | 15.86 | 13.62 | 13.13 | 10.21 | 11.00 | 13.21 |
| PE Ratio | 18.02 | 11.72 | 15.12 | 12.39 | 11.84 | 17.89 |
| PS Ratio | 4.35 | 2.90 | 3.31 | 2.82 | 3.33 | 4.66 |
| PB Ratio | 1.11 | 0.93 | 1.07 | 0.87 | 1.16 | 1.10 |
| P/FCF Ratio | 18.96 | 9.29 | 9.92 | 10.23 | 8.63 | |
| P/OCF Ratio | 17.32 | 8.50 | 9.61 | 9.70 | 8.45 | |
| Debt / Equity Ratio | 1.15 | 1.73 | 2.00 | 2.01 | 1.36 | 1.00 |
| Debt / FCF Ratio | 17.30 | 18.57 | 23.61 | 10.15 | ||
| Net Debt / Equity Ratio | 0.66 | 1.64 | 1.83 | 1.86 | 1.24 | 0.87 |
| Net Debt / FCF Ratio | 16.36 | 17.03 | 21.85 | 9.23 | -15.35 | |
| Return on Equity (ROE) | 5.51% | 8.31% | 7.00% | 7.10% | 8.29% | 5.97% |
| Return on Assets (ROA) | 0.49% | 0.76% | 0.63% | 0.68% | 1.00% | 0.95% |
| Earnings Yield | 5.55% | 8.53% | 6.61% | 8.07% | 8.45% | 5.59% |
| FCF Yield | 5.27% | 10.76% | 10.08% | 9.78% | 11.58% | -5.13% |
| Dividend Yield | 3.75% | 4.28% | 3.93% | 4.86% | 2.77% | 1.56% |
| Payout Ratio | 67.66% | 50.40% | 60.75% | 62.41% | 33.99% | 29.88% |
| Buyback Yield / Dilution | -14.29% | 3.20% | 2.12% | 5.49% | 4.94% | 5.32% |
| Total Shareholder Return | -10.53% | 7.48% | 6.05% | 10.35% | 7.71% | 6.88% |