FARMERS & MERCHANTS BANCORP INC (FMAO) Form 8-K — Jul 27, 2026
Farmers & Merchants Bancorp, Inc. reported record quarterly net income of $11.8 million for the second quarter of 2026, an increase of 53.0% compared to the same period last year. Earnings per share reached $0.86, up from $0.56 in the prior year quarter, driven by a 26 basis point expansion in net interest margin to 3.48% and a significant improvement in the efficiency ratio to 56.08%. The company's balance sheet remained robust with total deposits growing 5.9% year-over-year to $2.87 billion and total loans increasing 3.0% to $2.70 billion.
Key figures
- Eps
- 0.86
- Net Income
- 11797000
- Cash Position
- 156390000
- Shares Outstanding
- 13779385
- Total Loans
- 2704467000
- Total Deposits
- 2869408000
- Efficiency Ratio
- 56.08%
- Net Interest Margin
- 3.48%
- Annualized Dividend
- 0.92
- Tier1 Leverage Ratio
- 8.99%
- Declared Quarterly Dividend
- 0.23
- Net Charge Offs To Average Loans
- 0.00%
Price after filing
Close on the filing date to close N calendar days later (from $30.38). Historical, not a forecast.
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