Farmers and Merchants Bancshares, Inc. (FMFG)

OTCMKTS: FMFG · Delayed Price · USD
16.47
-0.26 (-1.55%)
Apr 19, 2024, 10:15 AM EDT - Market open
Market Cap 51.34M
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 (4.01%)
Ex-Dividend Date Nov 30, 2023
Volume 1,100
Open 16.50
Previous Close 16.73
Day's Range 16.47 - 16.50
52-Week Range 14.50 - 25.00
Beta 0.13
Analysts n/a
Price Target n/a
Earnings Date Jan 24, 2023

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 90
Stock Exchange OTCMKTS
Ticker Symbol FMFG
Full Company Profile

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 Statements

News

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 ...

2 months ago - GlobeNewsWire

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...

5 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 ...

6 months 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...

8 months 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, ...

8 months 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...

9 months 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...

1 year 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...

1 year 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 ...

1 year 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...

1 year 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 ...

2 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...

2 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...

2 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 ...

2 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...

2 years 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 ...

3 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...

3 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 ...

3 years ago - GlobeNewsWire