FARMERS & MERCHANTS BANCORP INC (FMAO) Form 10-Q — Jul 29, 2026
Farmers & Merchants Bancorp reported net income of $21.4 million for the six months ended June 30, 2026, a 45.8% increase from $14.7 million in the prior year period. This growth was driven by higher net interest income, which rose to $56.4 million from $49.6 million, alongside an increase in noninterest income to $10.4 million. Total assets increased to $3.50 billion, fueled by deposit growth of $139 million to $2.87 billion. The allowance for credit losses remained stable at $27.9 million, while the company recorded realized losses of $347,000 on available-for-sale securities during the first quarter.
Key figures
- Eps
- 1.55
- Revenue
- 88945000
- Net Income
- 21375000
- Total Assets
- 3502118000
- Cash Position
- 156390000
- Shares Outstanding
- 13779385
- Net Interest Income
- 56362000
- Allowance For Credit Losses
- 27941000
Price after filing
Close on the filing date to close N calendar days later (from $35.07). Historical, not a forecast.
AI analysis
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