Farmers & Merchants Bancorp, Inc. Reports 2026 Third-Quarter and Year-to-Date Financial Results
Farmers & Merchants Bancorp posted Q3 net income of $11.5 million, up 30.3% year-over-year, with EPS of $0.84 versus $0.64 a year ago -- its 94th consecutive profitable quarter. Nine-month EPS rose 39.8% to $2.39 as net interest margin expanded 17 basis points to 3.57%, the efficiency ratio improved to 58.09%, and deposits grew 7.7% to $2.96 billion. Asset quality remains strong with 0.00% quarterly net charge-offs and nonperforming loans of just 0.23% of total loans.
Key figures
- Eps
- 0.84
- Revenue
- 0
- Roaa
- 1.29%
- Eps ytd
- 2.39
- Loans yoy
- 3.0%
- Eps ytd yoy
- 39.8%
- Deposits yoy
- 7.7%
- Net income q3
- 11500000
- Net income ytd
- 32900000
- Nim change bps
- 17
- Total deposits
- $2.96 billion
- Total loans net
- $2.74 billion
- Efficiency ratio
- 58.09%
- Special dividend
- $0.01 per share
- Eps prior year q3
- 0.64
- Net income q3 yoy
- 30.3%
- Dividend annualized
- $0.96
- Net interest margin
- 3.57%
- Nonperforming loans
- $6.2 million
- Net income ytd prior
- 23500000
- Tier1 leverage ratio
- 9.14%
- Tangible book value per share
- 21.62
- Consecutive profitable quarters
- 94
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