Farmers & Merchants Bancorp (FMCB)

OTCMKTS · Delayed Price · Currency is USD

1,435.00

-35.00 (-2.38%)

Oct 12, 2026, 2:36 PM EST

FMCB Financials Overview

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	242.26	234.66	224.11	217.92	192.85	177.47
Revenue Growth	6.43%	4.71%	2.84%	13.00%	8.67%	10.67%
Net Income	96.34	93.61	88.46	88.31	75.09	66.34
Earnings Per Share	139.59	133.96	121.02	116.61	96.55	84.01
EPS Growth	10.07%	10.69%	3.78%	20.78%	14.93%	13.48%

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	278.64	145.04	212.56	410.64	588.26	715.46
Total Debt	10.31	12.14	12.61	13.11	13.81	14.44
Net Cash (Debt)	268.33	132.89	199.95	397.53	574.45	701.02
Net Cash Growth	-4.72%	-33.54%	-49.70%	-30.80%	-18.06%	90.18%
Net Cash Per Share	388.79	190.18	273.57	524.91	738.62	887.76

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	116.91	104.19	103.74	93.35	101.78	59.96
Capital Expenditures	-17.35	-7.58	-2.4	-4.97	-4.19	-2.07
Free Cash Flow	99.56	96.62	101.34	88.38	97.59	57.89
Free Cash Flow Growth	-5.03%	-4.66%	14.67%	-9.44%	68.56%	14.85%

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Profit Margin	39.77%	39.89%	39.47%	40.53%	38.94%	37.38%
FCF Margin	41.10%	41.17%	45.22%	40.55%	50.60%	32.62%

Dividends

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '26 Oct 13, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Dividend Per Share	21.400	19.350	18.100	17.100	16.150	15.300
Dividend Per Share Growth	-10.59%	6.91%	5.85%	5.88%	5.56%	3.73%
Dividend Yield	1.49%	1.66%	1.71%	1.62%	1.54%	1.59%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '26 Oct 13, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	10.28	8.29	8.39	8.96	10.74	11.42
P/FCF Ratio	9.79	8.03	7.32	8.96	8.27	13.09
PS Ratio	4.02	3.31	3.31	3.63	4.18	4.27