Farmers and Merchants Bancshares, Inc. (FMFG)

OTCMKTS · Delayed Price · Currency is USD
18.00
+3.15 (21.21%)
Dec 24, 2024, 4:00 PM EST
0.11%
Market Cap 64.95M
Revenue (ttm) 22.30M
Net Income (ttm) 4.84M
Shares Out 3.17M
EPS (ttm) 1.54
PE Ratio 13.32
Forward PE n/a
Dividend 0.68 (3.78%)
Ex-Dividend Date Dec 3, 2024
Volume 6,400
Open 15.00
Previous Close 14.85
Day's Range 15.00 - 18.00
52-Week Range 12.51 - 18.00
Beta 0.12
Analysts n/a
Price Target n/a
Earnings Date Jan 29, 2025

About FMFG

Farmers and Merchants Bancshares, Inc. operates as the bank holding company for Farmers and Merchants Bank that provides commercial and retail banking services to individuals and businesses in Baltimore and Carroll counties in Maryland and surrounding areas of northern Maryland. It offers checking, savings, money market, individual retirement, and sweep accounts, as well as certificates of deposit, remote check deposits, and repurchase agreements. The company also provides credit for residential mortgages, including federal housing administrati... [Read more]

Sector Financials
Founded 1919
Employees 94
Stock Exchange OTCMKTS
Ticker Symbol FMFG
Full Company Profile

Financial Performance

In 2023, FMFG's revenue was $23.57 million, a decrease of -6.71% compared to the previous year's $25.27 million. Earnings were $6.42 million, a decrease of -20.66%.

Financial Statements

News

Farmers and Merchants Bancshares raises dividend by 3%

Farmers and Merchants Bancshares (FMFG) declared $0.34/share semi-annual dividend, 3% increase from prior dividend of $0.33.

5 weeks ago - Seeking Alpha

Farmers and Merchants Bancshares, Inc. Reports Earnings of $3,421,623 or $1.09 per Share for the Nine Months Ended September 30, 2024

HAMPSTEAD, Md., Oct. 22, 2024 (GLOBE NEWSWIRE) -- Farmers and Merchants Bancshares, Inc. (the “Company”), the parent company of Farmers and Merchants Bank (the “Bank” and, together with the Company, “...

2 months ago - GlobeNewsWire

Farmers and Merchants Bancshares, Inc. Announces Adoption of Limited Duration Stockholder Rights Plan

Board Acts to Protect the Interests of the Company and its Stockholders Following an Investor Group's Filing of an “Interagency Notice of Change in Bank Control” with Regulators

5 months ago - GlobeNewsWire

Farmers and Merchants Bancshares, Inc. Reports Earnings of $2,298,496 or $0.74 per Share for the Six Months Ended June 30, 2024

HAMPSTEAD, Md., July 22, 2024 (GLOBE NEWSWIRE) -- Farmers and Merchants Bancshares, Inc. (the “Company”), the parent company of Farmers and Merchants Bank (the “Bank” and, together with the Company, “...

5 months ago - GlobeNewsWire

FARMERS AND MERCHANTS BANCSHARES, INC. DECLARES CASH DIVIDEND OF $.33 PER SHARE

HAMPSTEAD, Md., May 21, 2024 (GLOBE NEWSWIRE) -- On May 20, 2024, the Board of Directors of Farmers and Merchants Bancshares, Inc., the parent of Farmers and Merchants Bank, declared a cash dividend o...

7 months ago - GlobeNewsWire

Farmers and Merchants Bancshares, Inc. Reports Earnings of $1,219,987 or $0.39 per Share for the Three Months Ended March 31, 2024

HAMPSTEAD, Md., April 23, 2024 (GLOBE NEWSWIRE) -- Farmers and Merchants Bancshares, Inc. (the “Company”), the parent company of Farmers and Merchants Bank (the “Bank” and, together with the Company, ...

8 months ago - GlobeNewsWire

Farmers and Merchants Bancshares, Inc. Reports Earnings of $6,418,337 or $2.08 Per Share for the Year Ended December 31, 2023

HAMPSTEAD, Md., Jan. 31, 2024 (GLOBE NEWSWIRE) -- Farmers and Merchants Bancshares, Inc. (the “Company”), the parent of Farmers and Merchants Bank (the “Bank”), announced that net income for the year ...

11 months ago - GlobeNewsWire

Farmers and Merchants Bancshares, Inc. Reports Earnings of $5,003,107 or $1.63 Per Share for the Nine Months Ended September 30, 2023

HAMPSTEAD, Md., Oct. 24, 2023 (GLOBE NEWSWIRE) -- Farmers and Merchants Bancshares, Inc. (the “Company”), the parent of Farmers and Merchants Bank (the “Bank”), announced that net income for the nine ...

1 year ago - GlobeNewsWire

ROBERT (BOB) POLLOKOFF ACCEPTS POSITION ON FARMERS AND MERCHANTS BANCSHARES, INC. BOARD OF DIRECTORS

HAMPSTEAD, Md., Aug. 31, 2023 (GLOBE NEWSWIRE) -- Mr. Robert (Bob) Pollokoff has accepted a position on the Boards of Directors of Farmers and Merchants Bancshares, Inc. and its primary subsidiary, Fa...

1 year ago - GlobeNewsWire

EMILY BOLLINGER MILLER ACCEPTS POSITION ON FARMERS AND MERCHANTS BANCSHARES, INC. BOARD OF DIRECTORS

HAMPSTEAD, Md. , Aug. 15, 2023 (GLOBE NEWSWIRE) -- Mrs. Emily Bollinger Miller has accepted a position on the Boards of Directors of Farmers and Merchants Bancshares, Inc. and its primary subsidiary, ...

1 year ago - GlobeNewsWire

Farmers and Merchants Bancshares, Inc. Reports Earnings of $3,570,968 or $1.16 per Share for the Six Months Ended June 30, 2023

HAMPSTEAD, Md., July 31, 2023 (GLOBE NEWSWIRE) -- Farmers and Merchants Bancshares, Inc. (the “Company”), the parent of Farmers and Merchants Bank (the “Bank”), announced that net income for the six m...

1 year ago - GlobeNewsWire

Farmers and Merchants Bancshares, Inc. Reports Earnings of $1,900,851 or $0.62 Per Share for the Three Months Ended March 31, 2023

HAMPSTEAD, Md., April 25, 2023 (GLOBE NEWSWIRE) -- Farmers and Merchants Bancshares, Inc. (the “Company”), the parent of Farmers and Merchants Bank (the “Bank”), announced that net income for the thre...

1 year ago - GlobeNewsWire

Farmers and Merchants Bancshares, Inc. Reports Earnings of $8,090,127 or $2.66 Per Common Share for the Year Ended December 31, 2022

HAMPSTEAD, Md., Jan. 24, 2023 (GLOBE NEWSWIRE) -- Farmers and Merchants Bancshares, Inc. (the “Company”) (OTC: FMFG), the parent of Farmers and Merchants Bank (the “Bank”), announced that net income f...

2 years ago - GlobeNewsWire

FARMERS AND MERCHANTS BANCSHARES, INC. DECLARES CASH DIVIDEND OF $.32 PER SHARE

HAMPSTEAD, Md., Nov. 22, 2022 (GLOBE NEWSWIRE) -- On November 21, 2022, the Board of Directors of Farmers and Merchants Bancshares, Inc., the parent of Farmers and Merchants Bank, declared a cash divi...

2 years ago - GlobeNewsWire

Farmers and Merchants Bancshares, Inc. Reports Earnings of $6,075,845 or $2.00 Per Common Share for the Nine Months Ended September 30, 2022

HAMPSTEAD, Md., Oct. 20, 2022 (GLOBE NEWSWIRE) -- Farmers and Merchants Bancshares, Inc. (the “Company”), the parent of Farmers and Merchants Bank (the “Bank”), announced that net income for the nine ...

2 years ago - GlobeNewsWire

Farmers and Merchants Bancshares, Inc. Reports Earnings of $4,101,535 or $1.35 per Share for the Six Months Ended June 30, 2022

HAMPSTEAD, Md., July 20, 2022 (GLOBE NEWSWIRE) -- Farmers and Merchants Bancshares, Inc. (the “Company”), the parent of Farmers and Merchants Bank (the “Bank”), announced that net income for the six m...

2 years ago - GlobeNewsWire

FARMERS AND MERCHANTS BANCSHARES, INC. AND FARMERS AND MERCHANTS BANK ANNOUNCE THAT GARY A.

Hampstead, Maryland, May 24, 2022 (GLOBE NEWSWIRE) -- – The Boards of Directors of Farmers and Merchants Bancshares, Inc. (the “Company”), and Farmers and Merchants Bank (the “Bank”) announce that Gar...

2 years ago - GlobeNewsWire

Farmers and Merchants Bancshares, Inc. Declares Cash Dividend of $.31 Per Share

HAMPSTEAD, Md., May 17, 2022 (GLOBE NEWSWIRE) --  On May 16, 2022, the Board of Directors of Farmers and Merchants Bancshares, Inc., the parent of Farmers and Merchants Bank, declared a cash dividend ...

2 years ago - GlobeNewsWire

Farmers and Merchants Bancshares, Inc. Reports Earnings of $2,050,802 or $0.68 per Share for the Three Months Ended March 31, 2022

HAMPSTEAD, Md., April 26, 2022 (GLOBE NEWSWIRE) -- Farmers and Merchants Bancshares, Inc. (the “Company”), the parent of Farmers and Merchants Bank (the “Bank”), announced that net income for the thre...

2 years ago - GlobeNewsWire

Farmers and Merchants Bancshares, Inc. Reports Record Earnings of $8,149,606 or $2.70 Per Share for the Year Ended December 31, 2021

HAMPSTEAD, Md., Feb. 02, 2022 (GLOBE NEWSWIRE) -- Farmers and Merchants Bancshares, Inc. (the “Company”), the parent of Farmers and Merchants Bank (the “Bank”), announced that net income for the year ...

3 years ago - GlobeNewsWire

FARMERS AND MERCHANTS BANCSHARES, INC. AND FARMERS AND MERCHANTS BANK ANNOUNCE THE PLANNED RETIREMENT OF PRESIDENT & CHIEF EXECUTIVE OFFICER JAMES R.

HAMPSTEAD, Md., Jan. 20, 2022 (GLOBE NEWSWIRE) -- Farmers and Merchants Bancshares, Inc. and Farmers and Merchants Bank (collectively, “Farmers”) announce that James R. Bosley, Jr. intends to retire a...

3 years ago - GlobeNewsWire

FARMERS AND MERCHANTS BANCSHARES, INC. DECLARES CASH DIVIDEND OF $.29 PER SHARE

HAMPSTEAD, Md., Nov. 22, 2021 (GLOBE NEWSWIRE) -- On November 15, 2021, the Board of Directors of Farmers and Merchants Bancshares, Inc., the parent of Farmers and Merchants Bank, declared a cash divi...

3 years ago - GlobeNewsWire

Farmers and Merchants Bancshares, Inc. Reports Record Earnings of $6,184,341 or $2.05 Per Share for the Nine Months Ended September 30, 2021

HAMPSTEAD, Md., Oct. 21, 2021 (GLOBE NEWSWIRE) -- Farmers and Merchants Bancshares, Inc. (the “Company”), the parent of Farmers and Merchants Bank (the “Bank”), announced that net income for the nine ...

3 years ago - GlobeNewsWire

Farmers and Merchants Bancshares, Inc. Reports Record Earnings of $4,061,794 or $1.35 Per Share for the Six Months Ended June 30, 2021

HAMPSTEAD, Md., July 22, 2021 (GLOBE NEWSWIRE) -- Farmers and Merchants Bancshares, Inc. (the “Company”), the parent of Farmers and Merchants Bank (the “Bank”), announced that net income for the six m...

3 years ago - GlobeNewsWire