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Richmond Mutual Bancorporation, Inc.

RMBI

Richmond Mutual Bancorporation, Inc. is a bank holding company for First Bank Richmond, a community-oriented financial institution serving Indiana and Ohio.

Market cap
$248.05M+80.2%
Revenue$52.0M+15.5%
Net income$12.0M+26.3%
EPS (diluted)$1.21+28.7%
Trailing twelve months · change vs. prior year

Earnings

Next report

Oct 22, 2026 (in 3 months)

Financials

Q2 2026

Income statement

See full
Revenue$13.7M+15.3%
Net income$2.2M-14.4%
EPS (diluted)$0.22-15.4%

Balance sheet

See full
Cash & equivalents$34.7M+27.6%
Total equity$148.3M+12.1%
Total assets$1.6B+2.9%

Valuation & ratios

Valuation

See full
Market cap$248.05M+80.2%
P/E20.6×+6.0×
P/S4.8×+1.7×

Profitability

See full
Net margin23.1%+2.0pp

Returns & leverage

See full
Return on equity8.6%+1.3pp

Competitors

Profile

Richmond Mutual Bancorporation, Inc. is a bank holding company for First Bank Richmond, a community-oriented financial institution serving Indiana and Ohio. The company focuses on attracting public deposits to fund a diverse lending portfolio, including commercial real estate, multi-family housing, and specialized equipment lease financing. Its core value proposition centers on providing full-service banking, trust, and wealth management services through a localized community banking model.

Competitive position

A established regional community bank with a significant market share in Wayne County, Indiana, and a specialized national niche in equipment leasing.

GeographiesUnited States, Indiana, Ohio
Customer segmentsCommercial and industrial enterprises, Residential mortgage borrowers, High-net-worth individuals, Small business lessees
Business modelInterest-spread banking, Fee-based wealth management, Broker-originated leasing
SuppliersFederal Home Loan Bank of Indianapolis, Federal Reserve Board, Deposit brokers, Equipment lease brokers
CustomersHomeowners, Real estate developers, Small business owners, Trust and estate clients
Listed2019
Employees176.0
CEOGarry D. Kleer
FilingsSEC EDGAR

Questions, answered.

What is Richmond Mutual Bancorporation, Inc.'s market cap?
Richmond Mutual Bancorporation, Inc. (RMBI) has a market capitalization of $248.0M and trades on NASDAQ.
What is Richmond Mutual Bancorporation, Inc.'s revenue and profitability?
Richmond Mutual Bancorporation, Inc. generated $52.0M in trailing twelve-month revenue with net income of $12.0M, representing a net margin of 23.1%. These figures are based on the Q2 2026 filing.
Who are Richmond Mutual Bancorporation, Inc.'s competitors?
Richmond Mutual Bancorporation, Inc.'s key competitors include JPMorgan Chase & Co., Fifth Third Bancorp, Huntington Bancshares, and others. These companies compete in similar markets and product categories.
Who does Richmond Mutual Bancorporation, Inc. partner with?
Richmond Mutual Bancorporation, Inc.'s notable partners include Fannie Mae, Federal Home Loan Bank of Indianapolis, The Farmers Bancorp.
What subsidiaries does Richmond Mutual Bancorporation, Inc. have?
Richmond Mutual Bancorporation, Inc.'s subsidiaries include First Bank Richmond, First Insurance Management, Inc., FB Richmond Holdings, Inc., and others.
Where is Richmond Mutual Bancorporation, Inc. headquartered?
Richmond Mutual Bancorporation, Inc. is headquartered in United States of America and employs approximately 176 people. It has been publicly traded since 2019.