Richmond Mutual Bancorp Q1 EPS $0.23 Down From $0.27 YoY
Portfolio Pulse from Benzinga Newsdesk
Richmond Mutual Bancorp (NASDAQ:RMBI) reported a decrease in quarterly earnings to $0.23 per share, down 14.81% from $0.27 per share YoY.
April 25, 2024 | 8:59 pm
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Richmond Mutual Bancorp reported a 14.81% decrease in quarterly earnings, from $0.27 to $0.23 per share year-over-year.
The reported decrease in earnings per share (EPS) is significant and directly impacts investor perception and the company's financial health. A decline of 14.81% in EPS year-over-year is likely to be viewed negatively by the market, potentially leading to a decrease in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100