OTC Markets OTCQX - Delayed Quote • USD Farmers & Merchants Bancorp (FMCB) Follow Compare 1,040.00 +25.00 +(2.46%) As of January 24 at 2:58:01 PM EST. Market Open. All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Farmers & Merchants Bancorp (FMCB) Reports Record Fourth Quarter and Full Year 2024 Financial Results Full Year 2024 Highlights Record full year net income of $88.5 million, or $121.02 per share, up from $116.61 per share from the prior year; resulting in an increase of 3.78%;Record fourth quarter net income of $21.8 million, or $31.11 per share; up from $21.4 million, or $28.55 per share in the fourth quarter 2023;Net interest margin of 4.05%; loan yield of 6.08% and cost of average total deposits of 1.35%;Effective management of operating expenses with an efficiency ratio of 46.24%;Achieved re Farmers & Merchants Bancorp (FMCB) Announces New Board Member LODI, Calif., Jan. 16, 2025 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp (OTCQX: FMCB) announced today that Deborah Skinner was appointed to the Board of Directors effective January 15, 2025. Ms. Skinner served as Executive Vice President and Chief Administrative Officer of the Company for 24 years until her retirement from the Company on December 31, 2024. Ms. Skinner brings to the Board of Directors the skills honed over her 40-year banking career culminating in her 24 years as EVP and Chie Farmers & Merchants Bancorp (FMCB) Announces Resignation of Longtime Board Member LODI, Calif., Jan. 08, 2025 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp (OTCQX: FMCB) announced today that Calvin (“Kelly”) Suess, the Company’s longest serving current member of the Board of Directors, has tendered his resignation effective at the next Board of Directors Meeting to be held on January 14, 2025 after having served on the board for 35 years. "On behalf of the entire team at FMCB and the Board of Directors, I want to thank Kelly for his board leadership, vision, strategic guida Farmers & Merchants Bancorp (FMCB) Announces Retirement of the Chief Administrative Officer and Appointment of New Chief Administrative Officer LODI, Calif., Dec. 03, 2024 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp (OTCQX: FMCB) announced today that Deborah Skinner, Executive Vice President and Chief Administrative Officer, will be retiring effective December 31, 2024, after 24 years with Farmers & Merchants Bank of Central California. The Company previously announced her intention to retire back on September 9, 2024. Ms. Skinner will remain with the Company through year-end to assist with the transition. "On behalf of the entire t Farmers & Merchants Bancorp (FMCB) Announces Increase in the Year-End Cash Dividend LODI, Calif., Nov. 13, 2024 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp (OTCQX: FMCB) (the “Company” or “FMCB”), the parent company of Farmers & Merchants Bank of Central California (the “Bank” or “F&M Bank”), declared a year-end cash dividend of $9.30 per share, an increase of 5.68% over the cash dividends declared in May of 2024 and November of 2023. The cash dividend will be payable on January 2, 2025 to shareholders of record as of December 4, 2024. Total cash dividends declared in 2024 Farmers & Merchants Bancorp (FMCB) Reports Record Third Quarter 2024 Earnings Third Quarter 2024 Highlights Record net income of $22.1 million, or $29.96 per share; up 2.50% on a per share basis from third quarter 2023;Achieved a return on average assets of 1.65% and a return on average equity of 15.03%;Solid liquidity position with $1.5 billion in cash and investment securities and a borrowing capacity of $2.1 billion with no outstanding borrowings as of September 30, 2024;Continued growth in capital with a total risk-based capital ratio of 14.95%, common equity tier 1 r Farmers & Merchants Bancorp (FMCB) Authorizes a New $55 Million Share Repurchase Program LODI, Calif., Sept. 16, 2024 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp (OTCQX: FMCB) (the “Company” or “FMCB”), the parent company of Farmers & Merchants Bank of Central California (the “Bank” or “F&M Bank”), announced that, effective immediately, the Company has authorized a new $55.0 million share repurchase program through December 31, 2026. The existing $25.0 million share repurchase program approved in November 2023 has been terminated. The Company has utilized a share repurchase prog Farmers & Merchants Bancorp (FMCB) Reports Second Quarter 2024 Earnings Second Quarter 2024 Highlights Net income of $21.8 million, or $29.39 per share; up 4.85% on a per share basis from the second quarter of 2023;Achieved a return on average assets of 1.58% and a return on average equity of 15.33%;Solid liquidity position with $296.0 million in cash, $1.0 billion in investment securities and a borrowing capacity of $2.1 billion with no outstanding borrowings as of June 30, 2024;Continued growth in capital with a total risk-based capital ratio of 14.58%, common equ Farmers & Merchants Bancorp's Dividend Analysis Farmers & Merchants Bancorp (FMCB) recently announced a dividend of $8.8 per share, payable on 2024-07-01, with the ex-dividend date set for 2024-06-11. As investors look forward to this upcoming payment, the spotlight also shines on the company's dividend history, yield, and growth rates. Using the data from GuruFocus, let's look into Farmers & Merchants Bancorp's dividend performance and assess its sustainability. Farmers & Merchants Bancorp (FMCB) Increases Cash Dividend for the 59th Consecutive Year LODI, Calif., May 15, 2024 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp (OTCQX: FMCB) (the “Company” or “FMCB”), the parent company of Farmers & Merchants Bank of Central California (the “Bank” or “F&M Bank”), the Board of Directors declared a mid-year cash dividend of $8.80 per share, an increase of 6.0% over the $8.30 per share paid in July of 2023. The cash dividend is payable on July 1, 2024, to shareholders of record on June 11, 2024. The Company’s trailing twelve months net income throu Farmers & Merchants Bancorp (FMCB) ranked #6 on Forbes Magazine’s List of “America’s Best Banks” for 2023 LODI, Calif., May 13, 2024 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp (OTCQX: FMCB), the parent company of Farmers & Merchants Bank of Central California (F&M Bank), is pleased to announce that F&M Bank has been ranked 6th on Forbes Magazine’s list of "America’s Best Banks" in 2023. Forbes’ annual “America’s Best Banks” list looks at ten metrics measuring growth, credit quality, profitability, and capital for the 2023 calendar year, as well as stock performance in the 12 months through Marc Farmers & Merchants Bank of Central California (FMCB) ranked #4 Best-Performing Community Bank in the United States for 2023 LODI, Calif., May 06, 2024 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp (OTCQX: FMCB), the parent company of Farmers & Merchants Bank of Central California (F&M Bank), is pleased to announce that F&M Bank has been ranked 4th on S&P Global Market Intelligence's “Top 50 List of Best-Performing Community Banks” in the US with assets between $3 billion and $10 billion. S&P Global Market Intelligence ranks financial institutions based on several key factors including financial returns, growth, and Farmers & Merchants Bancorp (FMCB) Reports Strong First Quarter 2024 Earnings First Quarter 2024 Highlights Net income of $22.7 million, or $30.56 per share;Achieved return on average assets of 1.71% and return on average equity of 16.33%;Strong liquidity position with $738.4 million in cash, $239.9 million in available-for-sale investment securities and a borrowing capacity of $1.9 billion as of March 31, 2024;Strengthening capital position with a total risk-based capital ratio of 14.23%, common equity tier 1 ratio of 12.75%, tier 1 leverage ratio of 10.85% and a tangibl Performance Overview Trailing total returns as of 1/27/2025, which may include dividends or other distributions. Benchmark is S&P 500 Return FMCB S&P 500 YTD -1.42% +1.50% 1-Year +7.84% +22.59% 3-Year +15.98% +37.84%