Richmond Mutual Bancorporation Declares Quarterly Dividend
Richmond Mutual Bancorporation stockholders will receive a cash dividend of $0.15 per share following the company's recent merger with The Farmers Bancorp. The board of directors confirmed the payout schedule today, marking the firm's continued commitment to shareholder returns as it integrates its new regional banking operations.
The dividend payment is slated for distribution on September 17, 2026, to all shareholders of record at the close of business on September 3. Chairman and CEO Garry Kleer noted that the move reflects a strategy of maintaining a robust financial foundation while delivering consistent value post-merger.
Headquartered in Richmond, Indiana, the company functions as the holding entity for First Bank Midwest. The institution maintains an extensive network of branches across central Indiana and western Ohio, alongside a specialized loan production office in Carmel, Indiana. These locations provide community-oriented financial and trust services to a diverse regional client base.
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