Richmond Mutual Bancorp Q2 EPS $0.20 Down From $0.26 YoY
Portfolio Pulse from Benzinga Newsdesk
Richmond Mutual Bancorp (NASDAQ:RMBI) reported a quarterly earnings per share (EPS) of $0.20, which is a 23.08% decrease from the $0.26 EPS reported in the same period last year.
July 25, 2024 | 9:00 pm
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Richmond Mutual Bancorp reported a significant decrease in quarterly earnings per share, down 23.08% year-over-year. This decline may negatively impact investor sentiment and the stock price in the short term.
The 23.08% decrease in EPS indicates a decline in profitability, which is likely to concern investors and lead to a short-term drop in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100