Richmond Mutual Bancorporation, Inc. (RMBI) AI Stock Analysis

Richmond Mutual Bancorporation, Inc. operates as the holding company for First Bank Richmond, an institution founded in 1887 and headquartered in Richmond, Indiana. The company delivers banking services through 12 full-service and one limited-service office across Indiana and Ohio. Its core operations include deposit products such as savings, money market, NOW, demand accounts, and certificates of deposit. Lending activities span multi-family, commercial real estate, commercial and industrial, construction, development, residential real estate, and consumer loans. Additionally, it provides lease financing alongside fee-based financial services, including trust and estate administration, investment management, retirement plan administration, and private banking.

Richmond Mutual Bancorporation grew revenue from $51.2M in FY2021 to $90.9M in FY2025, marking a 5-year revenue CAGR of 12.9%. Annual revenue growth slowed to 6.9% in FY2025, following expansions of 26.9% in FY2023 and 18.4% in FY2024. Operating margin was 26.5% in FY2021 before shifting to 15.5% in FY2025, while gross margin moved from 82.2% to 51.8% over the same timeframe. Net income reached $11.6M with diluted EPS of $1.16 in FY2025. Over the trailing twelve months, revenue was $49.9M with a net profit margin of 24.1%. In the latest quarter ending June 30, 2026, quarterly revenue grew 15.6% year-over-year, while quarterly earnings declined 15.4%.

As of June 30, 2026, Richmond Mutual Bancorporation held $285.2M in cash and short-term investments against $244.0M in total debt, resulting in net cash of $41.2M. Total assets stood at $1.55B and shareholders' equity was $148.3M, with a debt-to-equity ratio of 1.65 and a current ratio of 0.25. In FY2025, operating cash flow generated $16.0M and free cash flow reached $14.6M. Capital expenditures totaled $1.4M, while the company allocated $5.6M to share buybacks and $5.8M to dividends paid.

At a closing price of $15.34 on October 16, 2026, Richmond Mutual Bancorporation has a market cap of $246.0M and an enterprise value of $451.6M. The stock trades at a trailing P/E of 12.6x, compared to 12.1x for the median of its US-listed Financial Services peers. Its price-to-sales ratio is 4.9x versus the peer median of 3.2x, and its price-to-book stands at 1.6x. Over the past year, the stock returned 21.0%, outpacing the S&P 500 (SPY) return of 16.8%. Over five years, RMBI returned 21.6%, trailing the S&P 500 return of 83.0%.

Richmond Mutual Bancorporation pays an annual forward dividend of $0.60 per share, representing a 3.91% dividend yield. Dividends are distributed on a quarterly frequency, with the last ex-dividend date on September 3, 2026. The company has paid dividends for 7 consecutive years, with an annualized 5-year dividend growth rate of 32.0% and a payout ratio of 49.6%.

Wall Street consensus ratings and target prices are not available for Richmond Mutual Bancorporation. The company's next earnings date is scheduled for October 22, 2026. In the latest quarter ended June 30, 2026, trailing twelve months earnings per share stood at $1.22, though quarterly earnings fell 15.4% year-over-year against a quarterly revenue increase of 15.6%.

This page is an AI-written research summary of Richmond Mutual Bancorporation, Inc. (RMBI). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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