Ownership Structure of Richmond Mutual Bancorporation: Institutions Hold 25%, Individuals Own 51%

Institutional ownership of Richmond Mutual Bancorporation (NASDAQ:RMBI) stands at 25%, while individual investors hold 51% of the shares. The top 25 shareholders own 45% of the business, and insider ownership is at 13%. The considerable ownership by individual investors indicates they have a greater say in management and business strategy.