Richmond Mutual Bancorporation, Inc. Earnings Per Share Disclosure
| For the Year Ended | For the Year Ended | ||||||||||
| December 31, 2025 | December 31, 2024 | ||||||||||
| Net income | $ | 11,577 | $ | 9,377 | |||||||
| Shares outstanding for Basic EPS: | |||||||||||
| Average shares outstanding | 10,502,458 | 11,028,029 | |||||||||
| Less: average restricted stock award shares not vested | 64,308 | 124,747 | |||||||||
| Less: average unearned ESOP Shares | 768,468 | 822,631 | |||||||||
| Shares outstanding for Basic EPS | 9,669,682 | 10,080,651 | |||||||||
| Additional Dilutive Shares | 231,584 | 148,061 | |||||||||
| Shares outstanding for Diluted EPS | 9,901,266 | 10,228,712 | |||||||||
| Basic EPS | $ | 1.20 | $ | 0.93 | |||||||
| Diluted EPS | $ | 1.17 | $ | 0.92 | |||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Mar 23, 2026 | Showing above |
| 2024 | Mar 27, 2025 | |
| 2023 | Mar 29, 2024 | |
| 2022 | Mar 31, 2023 | |
| 2021 | Mar 30, 2022 | |
| 2020 | Mar 31, 2021 | |
| 2019 | Mar 30, 2020 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.