Farmers and Merchants Bancshares, Inc. (FMFG)
| Market Cap | 54.24M |
| Revenue (ttm) | 8.03B |
| Net Income (ttm) | 1.44B |
| Shares Out | 3.12M |
| EPS (ttm) | 465.01 |
| PE Ratio | 0.04 |
| Forward PE | n/a |
| Dividend | $0.66 (3.79%) |
| Ex-Dividend Date | Nov 30, 2023 |
| Volume | 400 |
| Open | 17.42 |
| Previous Close | 17.40 |
| Day's Range | 17.40 - 17.42 |
| 52-Week Range | 14.50 - 27.00 |
| Beta | 0.13 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Jan 24, 2023 |
About FMFG
Farmers and Merchants Bancshares, Inc., through its subsidiary, Farmers and Merchants Bank, 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 administration and veterans aff... [Read more]
Financial Performance
In 2023, FMFG's revenue was $32.91 million, an increase of 14.96% compared to the previous year's $28.63 million. Earnings were $6.42 million, a decrease of -20.66%.
Financial StatementsNews
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 ...
FARMERS AND MERCHANTS BANCSHARES, INC. DECLARES CASH DIVIDEND OF $.33 PER SHARE
HAMPSTEAD, Md., Nov. 21, 2023 (GLOBE NEWSWIRE) -- On November 20, 2023, the Board of Directors of Farmers and Merchants Bancshares, Inc., the parent of Farmers and Merchants Bank, declared a cash divi...
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 ...
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...
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, ...
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...
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...
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...
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...
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 ...
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...
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...
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 ...
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...
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 ...
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...
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...
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 ...
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...
FARMERS AND MERCHANTS BANCSHARES, INC. DECLARES CASH DIVIDEND OF $.28 PER SHARE
HAMPSTEAD, Md., May 25, 2021 (GLOBE NEWSWIRE) -- On May 17, 2021, the Board of Directors of Farmers and Merchants Bancshares, Inc., the parent of Farmers and Merchants Bank, declared a cash dividend ...
Farmers and Merchants Bancshares, Inc. Reports Record Earnings of $2,029,575 or $0.67 Per Share For the Three Months Ended March 31, 2021
HAMPSTEAD, Md., April 15, 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 thre...
Farmers and Merchants Bancshares, Inc. Reports Earnings of $0.90 Per Share for the Year Ended December 31, 2020
HAMPSTEAD, Md., Feb. 08, 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 year ...