Richmond Mutual Bancorporation: net interest income up 89.2% in Q3 2026
Richmond Mutual Bancorporation reported net interest income of $22.8 million for the quarter ended September 30, 2026, up 89.2%, according to Reuters.
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what happened
Richmond Mutual Bancorporation, Inc. said in an SEC filing that net interest income for the three months ended September 30, 2026 rose by $10.8 million, or 89.2%, to $22.8 million.
The bank also recorded a provision for credit losses of $6.1 million in the third quarter and diluted EPS of $0.11, according to Reuters.
why it matters
For investors, the jump in net interest income signals a much wider gap between what the bank earns on loans and securities and what it pays on deposits. The report concerns one lender, so its effect on broader markets is limited.
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sources
- Richmond Mutual Bancorporation NII Increased By $10.8 Million, Or 89.2%, To $22.8 Million For Three Months Ended September 30, 2026 — Reuters, 30 October 2026 at 21:42 UTC
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