Richmond Mutual Bancorporation, Inc. (RMBI) Q3 FY2026 earnings

Reported results

• Net income totaled $1.7 million, or diluted earnings per share of $0.11, for the third quarter of 2026, compared to net income of $3.6 million, or $0.36 diluted earnings per share, for the third quarter of 2025.
• Net interest income increased $11.6 million, or 102.3%, to $22.8 million for the third quarter of 2026 from $11.3 million for the third quarter of 2025.
• Annualized net interest margin was 3.68% for the third quarter of 2026, compared to 3.07% for the third quarter of 2025.
• Provision for credit losses was $6.1 million for the third quarter of 2026, compared to $269,000 for the third quarter of 2025.
• Noninterest income increased $3.3 million to $4.6 million for the third quarter of 2026, compared to $1.3 million for the third quarter of 2025.
• Noninterest expense increased $11.9 million to $20.0 million for the third quarter of 2026, compared to $8.1 million for the third quarter of 2025.

Notes

The Company completed its merger with Farmers Bancorp on July 1, 2026, and early adopted ASU 2025-08, Financial Instruments - Credit Losses (Topic 326): Purchased Loans, applying the gross-up approach to purchased seasoned loans.

Price and volatility reaction

Source

The figures above come from the earnings release the company filed with the SEC on 2026-10-30 (8-K, Item 2.02). Read the original filing on sec.gov.