Farmers & Merchants Bancorp

Farmers & Merchants Bancorp

FMCB
Farmers & Merchants BancorpUS flagOther OTC
1,355.00
USD
+10.00
- -
938.05MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
110.83
116.79
127.45
141.61
151.8
174.27
197.06
205.56
227.16
256.26
300.16
320.24
343.38
355.2
Basic EPS, GAAP
30.93
32.64
34.82
37.44
35.03
56.82
71.18
74.03
84.01
96.55
116.61
126.4
134.96
138.44
Free Cash Flow per Basic Share
32.89
28.45
43.99
41.95
44.07
66.39
82.98
63.54
73.32
125.48
116.69
144.81
139.3
130.03
Dividend per Share
12.5
12.74
12.91
13.2
13.56
13.92
14.25
14.75
15.29
16.06
17.01
18.6
19.96
25.6
Book Value per Share
176.58
196.36
216.22
238.45
255.43
301.07
363.36
419.84
490.52
578.53
693.7
846.58
964.94
1,008.51
Tangible Book Value per Share
269.84
299.58
320.16
352.63
370.03
388.42
469.11
514.87
568.04
606.02
708.19
800.52
912.88
941.51
Basic Weighted Avg Shares
1
1
1
1
1
1
1
1
1
1
1
1
1
1
Sales/Revenue/Turnover
86
91
100
112
123
140
155
163
179
199
227
224
238
243
Operating Margin (%)
44.41
44.55
44.21
40.75
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
2
1
2
2
2
3
3
3
3
2
2
3
3
3
Net Income, GAAP
24
25
27
30
28
46
56
59
66
75
88
88
94
95
Effective Tax Rate (%)
37.15
37.27
38.19
35.13
47.93
23.78
25.6
24.65
24.89
24.72
24.23
27.64
27.31
26.5
Profit Margin (%)
27.91
27.94
27.32
26.44
23.08
32.6
36.12
36.02
36.98
37.68
38.85
39.47
39.3
38.97
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
10
10
10
10
10
10
10
10
10
10
10
10
10
10
Total Equity
210
233
252
280
300
311
369
424
463
485
550
573
646
656
Return on Invested Capital (%)
11.05
10.96
10.83
10.76
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
18.48
17.51
16.97
16.54
14.32
20.32
21.26
18.97
18.42
17.94
18.11
15.83
14.84
14.52

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
10
10
10
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1
1
1
Market Capitalization
720
776
773

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
179
152
397
Accounts Receivable, Net
32
30
25
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.97%
8.85%
12.64%
Free Cash Flow
13.64%
16.79%
-4.66%
Net Income, GAAP
14.21%
9.95%
5.82%
Sales/Revenue/Turnover
9.13%
8%
6.27%
Total Cash Common Dividend
3.16%
3.43%
6.33%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
56
55
57
56
224
2025
57
59
61
61
238
2026
62
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
30.59
29.39
29.97
- -
126.4
2025
32.88
33.06
- -
- -
134.96
2026
35.91
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
18.6
2025
- -
9.29
- -
- -
19.96
2026
5.47
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Kent A. Steinwert
Full Time Employees
383
Sector
Financial Services
Industry
Banks - Regional
Address
111 West Pine Street Lodi CA United States of America 95240
IPO Date
Aug 20, 1999
Business
Farmers & Merchants Bancorp Farmers & Merchants Bancorp serves as the holding company for Farmers & Merchants Bank of Central California, a community bank that provides a broad array of retail and commercial banking products and services to individuals, businesses, and agricultural customers primarily throughout California. The company offers deposit products including checking accounts, savings accounts, money market accounts, time certificates of deposit, and individual retirement accounts; lending products such as commercial real estate loans, residential real estate loans, real estate construction loans, agribusiness loans, consumer loans, equipment leases, and credit card services; and specialized treasury management services encompassing merchant credit card programs, lockbox and collection services, account reconciliation, investment sweep accounts, online banking access, electronic funds transfers via domestic and international wires and automated clearinghouse systems, as well as investment products like mutual funds and annuities. Founded in 1916 and headquartered in Lodi, California, Farmers & Merchants Bancorp operates 33 full-service branches spanning from Napa to Merced within the Golden State, with a focus on agricultural lending, commercial financing, and residential mortgages tailored to local communities. In recent developments, the company expanded its branch network by opening a new location in Danville, California, at Iron Horse Plaza inside Lunardi's Market, enhancing accessibility in the region.

Company News

APIChatGPT
  • Farmers & Merchants Bancorp (FMCB) Reports Record Quarterly Results

  • Farmers & Merchants Bancorp (FMCB) Reports Record Quarterly Results

  • Farmers & Merchants Bancorp (FMCB) Announces New Board Member

  • Farmers & Merchants Bancorp (FMCB) Announces New Board Member

  • Farmers & Merchants Bancorp: A Great Small-Cap Banking Secret

  • Farmers & Merchants Bancorp (FMCB) Announces Increase in Quarterly Dividend

  • Best Dividend Kings: April 2026

  • Farmers & Merchants Bancorp (FMCB) Reports Record Quarter

  • ACNB (NASDAQ:ACNB) vs. Farmers & Merchants Bancorp (OTCMKTS:FMCB) Head-To-Head Review

  • Thinly Traded Farmers & Merchants Bancorp In Strong Position For 2026

  • Farmers & Merchants Bancorp (FMCB) Announces Quarterly Dividend

  • Farmers & Merchants Bancorp (FMCB) Reports Record Fourth Quarter and Annual 2025 Financial Results

  • Best Dividend Kings: January 2026

  • Farmers & Merchants Bancorp (OTCMKTS:FMCB) Shares Pass Above 50 Day Moving Average – What’s Next?

  • Best Dividend Kings: December 2025

  • Farmers & Merchants Bancorp (OTCMKTS:FMCB) Sets New 12-Month High – What’s Next?

  • Farmers & Merchants Bancorp (OTCMKTS:FMCB) Shares Pass Above Fifty Day Moving Average – Here’s Why

  • Farmers & Merchants Bancorp (FMCB) Announces Amended Record Date for Fourth Quarter Dividend

  • Farmers & Merchants Bancorp: Record Earnings Meets A Historically Cheap Valuation

  • Farmers & Merchants Bancorp (FMCB) Announces Special Stock Buyback Program