Farmers and Merchants Bancshares, Inc. (FMFG)

OTCMKTS: FMFG · Delayed Price · USD
21.64
-0.13 (-0.60%)
Mar 28, 2023, 1:17 PM EDT - Market open
Market Cap 14.66M
Revenue (ttm) 8.29M
Net Income (ttm) 1.64M
Shares Out 666.48K
EPS (ttm) 0.51
PE Ratio 42.43
Forward PE n/a
Dividend $0.63 (2.91%)
Ex-Dividend Date Dec 1, 2022
Volume 400
Open 21.64
Previous Close 21.77
Day's Range 21.64 - 21.64
52-Week Range 19.20 - 24.90
Beta 0.08
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 affa... [Read more]

Sector Financials
Founded 1919
Employees 81
Stock Exchange OTCMKTS
Ticker Symbol FMFG
Full Company Profile

Financial Performance

In 2006, FMFG's revenue was $8.35 million, an increase of 10.94% compared to the previous year's $7.53 million. Earnings were $1.91 million, an increase of 16.97%.

Financial Statements

News

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 months 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...

4 months 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 ...

5 months 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...

9 months 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...

11 months 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 ...

11 months 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...

1 year 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 ...

1 year 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...

1 year 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...

1 year 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 ...

1 year 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...

1 year ago - GlobeNewsWire

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 ...

2 years ago - GlobeNewsWire

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...

2 years ago - GlobeNewsWire

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 ...

2 years ago - GlobeNewsWire