Earnings summaries and quarterly performance for Farmers & Merchants Bancshares.
Research analysts covering Farmers & Merchants Bancshares.
Recent press releases and 8-K filings for FMFG.
Farmers and Merchants Bancshares, Inc. Declares Cash Dividend
FMFG
Dividends
- On November 17, 2025, Farmers and Merchants Bancshares, Inc. (FMFG) declared a cash dividend of $0.34 per share on its common stock.
- The dividend will be paid on December 15, 2025, to stockholders of record as of December 5, 2025.
Nov 19, 2025, 2:00 PM
Farmers and Merchants Bancshares, Inc. Reports Strong Q3 and Nine-Month 2025 Earnings
FMFG
Earnings
Debt Issuance
Revenue Acceleration/Inflection
- Farmers and Merchants Bancshares, Inc. reported net income of $4.1 million or $1.28 per common share for the nine months ended September 30, 2025, an increase from $3.4 million or $1.09 per common share for the same period in 2024.
- For the third quarter of 2025, net income was $1.7 million or $0.53 per common share, compared to $1.1 million or $0.36 per common share for the third quarter of 2024.
- The company's total assets grew to $869.6 million at September 30, 2025, from $844.6 million at December 31, 2024, driven by net loan growth of $39.5 million to $622.5 million over the same period.
- Book value per share increased to $19.72 at September 30, 2025, up from $17.77 at December 31, 2024.
- The company recorded a $595 thousand provision for credit losses for the nine months ended September 30, 2025, related to two foreclosed loans, but reported zero non-accrual loans as of September 30, 2025.
Oct 27, 2025, 1:00 PM
Farmers and Merchants Bancshares Reports Increased Earnings for Nine Months and Q3 2025
FMFG
Earnings
Debt Issuance
New Projects/Investments
- Farmers and Merchants Bancshares, Inc. reported net income of $4.1 million, or $1.28 per common share, for the nine months ended September 30, 2025, an increase from $3.4 million, or $1.09 per common share, for the same period in 2024.
- For the three months ended September 30, 2025, net income was $1.7 million, or $0.53 per common share, compared to $1.1 million, or $0.36 per common share, for the third quarter of 2024.
- The company's total assets increased to $869.6 million at September 30, 2025, from $844.6 million at December 31, 2024, with loans, net, rising to $622.5 million from $583.0 million.
- Deposits decreased to $734.1 million at September 30, 2025, from $758.8 million at December 31, 2024, while tangible equity grew to $56.1 million from $49.2 million.
- Book value per common share increased to $19.72 at September 30, 2025, from $17.77 at December 31, 2024.
Oct 27, 2025, 1:00 PM
Farmers and Merchants Bancshares, Inc. Issues Subordinated Notes
FMFG
Debt Issuance
- Farmers and Merchants Bancshares, Inc. (FMFG) issued and sold $12,500,000 in aggregate principal amount of its 7.875% Fixed to Floating Rate Subordinated Notes due September 25, 2035 on September 25, 2025.
- The notes were issued at 100% of their face amounts and are intended to qualify as Tier 2 Capital.
- The net proceeds from the offering will be used to repay approximately $10,019,442 of an outstanding Term Note to First Horizon Bank and for general corporate purposes.
Sep 25, 2025, 9:08 PM
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