Farmers & Merchants Bancorp, Inc. Reports 2026 Second-Quarter and Year-to-Date Financial Results
Farmers & Merchants Bancorp reported Q2 net income of $11.8 million, or $0.86 per share, a 53% increase year-over-year and a quarterly record. The net interest margin expanded 26 basis points to 3.48%, driving the return on average assets to 1.34%, while the efficiency ratio improved significantly to 56.08%.
Key figures
- Eps
- 0.86
- Nim
- 3.48%
- Roaa
- 1.34%
- Net income
- $11.8 million
- Total loans
- $2.70 billion
- Net income yoy
- 53.0%
- Total deposits
- $2.87 billion
- Efficiency ratio
- 56.08%
- Dividend annualized
- $0.92
- Tangible book value per share
- $21.41
AI analysis
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