OTC Markets OTCQX - Delayed Quote ? USD Farmers & Merchants Bancorp (FMCB) Follow Compare 968.75 -0.65 (-0.07%) At close: October 18 at 3:25 PM EDT All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Farmers & Merchants Bancorp (FMCB)?Reports Record Third Quarter 2024 Earnings Third Quarter 2024 Highlights Record net income of $22.1 million, or $29.96 per share; up 2.50% on a per share basis from third quarter 2023;Achieved a return on average assets of 1.65% and a return on average equity of 15.03%;Solid liquidity position with $1.5 billion in cash and investment securities and a borrowing capacity of $2.1 billion with no outstanding borrowings as of September 30, 2024;Continued growth in capital with a total risk-based capital ratio of 14.95%, common equity tier 1 r GlobeNewswire ? 2 days ago FMCB -0.07% Farmers & Merchants Bancorp (FMCB) Authorizes a New $55 Million Share Repurchase Program LODI, Calif., Sept. 16, 2024 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp (OTCQX: FMCB) (the “Company” or “FMCB”), the parent company of Farmers & Merchants Bank of Central California (the “Bank” or “F&M Bank”), announced that, effective immediately, the Company has authorized a new $55.0 million share repurchase program through December 31, 2026. The existing $25.0 million share repurchase program approved in November 2023 has been terminated. The Company has utilized a share repurchase prog GlobeNewswire ? last month FMCB -0.07% Farmers & Merchants Bancorp (FMCB)?Reports Second Quarter 2024 Earnings Second Quarter 2024 Highlights Net income of $21.8 million, or $29.39 per share; up 4.85% on a per share basis from the second quarter of 2023;Achieved a return on average assets of 1.58% and a return on average equity of 15.33%;Solid liquidity position with $296.0 million in cash, $1.0 billion in investment securities and a borrowing capacity of $2.1 billion with no outstanding borrowings as of June 30, 2024;Continued growth in capital with a total risk-based capital ratio of 14.58%, common equ GlobeNewswire ? 3 months ago FMCB -0.07% Farmers & Merchants Bancorp's Dividend Analysis Farmers & Merchants Bancorp (FMCB) recently announced a dividend of $8.8 per share, payable on 2024-07-01, with the ex-dividend date set for 2024-06-11. As investors look forward to this upcoming payment, the spotlight also shines on the company's dividend history, yield, and growth rates. Using the data from GuruFocus, let's look into Farmers & Merchants Bancorp's dividend performance and assess its sustainability. GuruFocus.com ? 4 months ago FMCB -0.07% Farmers & Merchants Bancorp (FMCB) Increases Cash Dividend for the 59th Consecutive Year LODI, Calif., May 15, 2024 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp (OTCQX: FMCB) (the “Company” or “FMCB”), the parent company of Farmers & Merchants Bank of Central California (the “Bank” or “F&M Bank”), the Board of Directors declared a mid-year cash dividend of $8.80 per share, an increase of 6.0% over the $8.30 per share paid in July of 2023. The cash dividend is payable on July 1, 2024, to shareholders of record on June 11, 2024. The Company’s trailing twelve months net income throu GlobeNewswire ? 5 months ago FMCB -0.07% Farmers & Merchants Bancorp (FMCB) ranked #6 on Forbes Magazine’s List of “America’s Best Banks” for 2023 LODI, Calif., May 13, 2024 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp (OTCQX: FMCB), the parent company of Farmers & Merchants Bank of Central California (F&M Bank), is pleased to announce that F&M Bank has been ranked 6th on Forbes Magazine’s list of "America’s Best Banks" in 2023. Forbes’ annual “America’s Best Banks” list looks at ten metrics measuring growth, credit quality, profitability, and capital for the 2023 calendar year, as well as stock performance in the 12 months through Marc GlobeNewswire ? 5 months ago FMCB -0.07% Farmers & Merchants Bank of Central California (FMCB) ranked #4 Best-Performing Community Bank in the United States for 2023 LODI, Calif., May 06, 2024 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp (OTCQX: FMCB), the parent company of Farmers & Merchants Bank of Central California (F&M Bank), is pleased to announce that F&M Bank has been ranked 4th on S&P Global Market Intelligence's “Top 50 List of Best-Performing Community Banks” in the US with assets between $3 billion and $10 billion. S&P Global Market Intelligence ranks financial institutions based on several key factors including financial returns, growth, and GlobeNewswire ? 5 months ago FMCB -0.07% Farmers & Merchants Bancorp (FMCB) Reports Strong First Quarter 2024 Earnings First Quarter 2024 Highlights Net income of $22.7 million, or $30.56 per share;Achieved return on average assets of 1.71% and return on average equity of 16.33%;Strong liquidity position with $738.4 million in cash, $239.9 million in available-for-sale investment securities and a borrowing capacity of $1.9 billion as of March 31, 2024;Strengthening capital position with a total risk-based capital ratio of 14.23%, common equity tier 1 ratio of 12.75%, tier 1 leverage ratio of 10.85% and a tangibl GlobeNewswire ? 5 months ago FMCB -0.07% Farmers & Merchants Bancorp (FMCB) Reports Record Year-End 2023 Financial Results Full Year 2023 Highlights Record net income of $88.3 million, or $116.61 per share, up $13.2 million, or $20.06 per share from the prior year; resulting in increases of 17.61% and 20.78%, respectively;Improved net interest margin to 4.30% from 3.81% in 2022; cost of average total deposits of 0.80%;Achieved return on average assets of 1.68% and return on average equity of 17.05%;Total assets at year-end were steady at $5.3 billion;Loans and leases held for investment at year-end were $3.65 billio GlobeNewswire ? 8 months ago FMCB -0.07% FMCB: A Well-Managed Bank That Offers Steady Profitable Growth and Strong Shareholder Returns By Ann Heffron, CFA, CPA OTC:FMCB Farmers & Merchants Bancorp (FMCB or the Company) (OTC:FMCB) is a bank holding company? headquartered in Lodi, California, with $5.4 billion in total assets at September 30, 2023. FMCB is primarily a small-medium-sized business lender with 29 branch offices and 3 stand-a lone ATMS, serving a compact area in Central California, as shown in the map at Zacks Small Cap Research ? 10 months ago FMCB -0.07% Farmers & Merchants Bancorp (FMCB) Authorizes a $25 Million Increase in Its Share Repurchase Program LODI, Calif., Nov. 20, 2023 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp (OTCQX: FMCB) (the “Company” or “FMCB”), the parent company of Farmers & Merchants Bank of Central California (the “Bank” or “F&M Bank”), announced that, effective immediately, the Company is extending its existing share repurchase program through December 31, 2024 with an additional $25 million in repurchases authorized through that date. The Company’s repurchase program was first established in 2008 and was last extend GlobeNewswire ? 10 months ago FMCB -0.07% Farmers & Merchants Bancorp (FMCB)?Announces Increase in the Year-End Cash Dividend LODI, Calif., Nov. 15, 2023 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp (OTCQX: FMCB) (the “Company” or “FMCB”), the parent company of Farmers & Merchants Bank of Central California (the “Bank” or “F&M Bank”), declared a year-end cash dividend of $8.80 per share, an increase of 6.02% over the cash dividends declared in May of 2023 and November of 2022. The cash dividend will be payable on January 2, 2024 to shareholders of record as of December 6, 2023. Total cash dividends declared in 2023 GlobeNewswire ? 10 months ago FMCB -0.07% Performance Overview Trailing total returns as of 10/18/2024, which may include dividends or other distributions. Benchmark is S&P 500 Return FMCB S&P 500 YTD -7.57% +22.95% 1-Year +4.72% +34.10% 3-Year +12.09% +31.16%
