Earnings summaries and quarterly performance for Richmond Mutual Bancorporation.
Executive leadership at Richmond Mutual Bancorporation.
Board of directors at Richmond Mutual Bancorporation.
Research analysts covering Richmond Mutual Bancorporation.
Recent press releases and 8-K filings for RMBI.
Richmond Mutual Bancorporation, Inc. Announces Q4 and FY 2025 Financial Results and Proposed Merger
RMBI
Earnings
M&A
- Richmond Mutual Bancorporation, Inc. reported net income of $3.4 million and diluted earnings per share of $0.35 for the fourth quarter of 2025, and net income of $11.6 million and diluted EPS of $1.17 for the full fiscal year 2025.
- The company announced a proposed merger with The Farmers Bancorp, expected to be completed during the second quarter of 2026, where Farmers Bancorp shareholders will receive 3.40 shares of Company common stock for each of their shares. The aggregate consideration was valued at approximately $82 million.
- For the fourth quarter of 2025, the company's annualized net interest margin was 3.11%.
- At December 31, 2025, total assets were $1.5 billion, and stockholders' equity totaled $145.8 million.
Jan 22, 2026, 10:06 PM
Richmond Mutual Bancorporation Announces Q4 and Full-Year 2025 Financial Results and Merger Update
RMBI
Earnings
M&A
- Richmond Mutual Bancorporation reported net income of $3.4 million and diluted earnings per share of $0.35 for the fourth quarter of 2025, and net income of $11.6 million and diluted earnings per share of $1.17 for the full year 2025.
- The fourth quarter 2025 results were negatively impacted by approximately $467,000 pre-tax in acquisition-related expenses, reducing diluted earnings per share by about $0.04.
- The company's net income and diluted earnings per share growth for both the fourth quarter and full year 2025 were primarily driven by higher net interest income resulting from an expanded net interest margin, reflecting higher asset yields and lower funding costs.
- A proposed merger with The Farmers Bancorp was announced on November 11, 2025, with an aggregate consideration valued at approximately $82 million, and is expected to be completed during the second quarter of 2026.
- As of December 31, 2025, total assets were $1.5 billion, stockholders' equity was $145.8 million, and book value per share was $13.88.
Jan 22, 2026, 10:00 PM
Richmond Mutual Bancorporation Merger Under Investigation
RMBI
M&A
Legal Proceedings
Takeover Bid
- Monteverde & Associates PC is investigating Richmond Mutual Bancorporation, Inc. (NASDAQ: RMBI) in connection with its merger with The Farmers Bancorp.
- The investigation focuses on whether the proposed transaction is a fair deal, as Farmers' shareholders are expected to own approximately 38% of the combined company.
Nov 28, 2025, 4:15 AM
Richmond Mutual Bancorporation, Inc. Announces Merger with The Farmers Bancorp
RMBI
M&A
New Projects/Investments
Revenue Acceleration/Inflection
- Richmond Mutual Bancorporation, Inc. (RMBI) entered into an Agreement and Plan of Merger with The Farmers Bancorp on November 11, 2025, in an all-stock transaction valued at approximately $82 million.
- Under the terms, Farmers Bancorp shareholders will receive 3.4 shares of RMBI common stock for each outstanding share of Farmers Bancorp common stock, based on RMBI's closing price of $13.15 per share as of November 10, 2025.
- Upon consummation, existing RMBI shareholders are expected to own approximately 62% and Farmers Bancorp shareholders approximately 38% of the combined company.
- The merger is anticipated to generate approximately 35% EPS accretion for Richmond Mutual shareholders and result in a ~2-year tangible book value earnback.
- The transaction is expected to close early in the second calendar quarter of 2026, creating a premier $2.6 billion asset community bank with 24 branches.
Nov 12, 2025, 12:46 PM
Richmond Mutual Bancorporation and The Farmers Bancorp Announce Merger
RMBI
M&A
Guidance Update
New Projects/Investments
- Richmond Mutual Bancorporation (RMBI) and The Farmers Bancorp announced an all-stock merger valued at approximately $82 million, or $44.71 per share of Farmers Bancorp common stock, based on Richmond Mutual's closing price as of November 10, 2025. Farmers Bancorp shareholders will receive 3.40 shares of Richmond Mutual common stock for each outstanding share they own.
- The transaction is expected to create a $2.6 billion asset community bank with a network of 24 branches across Central and East Central Indiana, as well as Western and Central Ohio.
- The merger is anticipated to generate approximately 35% EPS accretion for Richmond Mutual shareholders and approximately 27.5% dividend per share accretion for Farmers Bancorp shareholders, following full realization of anticipated cost savings.
- The combined company will be led by Garry D. Kleer as Chief Executive Officer and Chris D. Cook as President. The transaction is expected to close early in the second quarter of 2026, pending regulatory and shareholder approvals.
Nov 12, 2025, 12:30 PM
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