FMFG
What one share of Farmers and Merchants Bancshares holds
Savings Institutions, Not Federally Chartered
Farmers and Merchants Bancshares, Inc. is a Maryland corporation chartered on August 8, 2016 that is registered with the Board of Governors of the Federal Reserve System (the “Federal Reserve”) as a bank holding company under the Bank Holding Company Act of 1956, as amended (the “BHC Act”).
Farmers and Merchants Bancshares’s numbers from its SEC filings, divided by its shares. Results cover the last 12 months to 2026-06-30; the balance sheet is as of 2026-06-30.
| Sales | $8.83 |
|---|---|
| Profit | $2.21 |
| Capex (buildings and equipment) | $0.09 |
| Free cash flow | $2.30 |
| Dividends | $0.63 |
| Debt | $3.70 |
| Book value | $20.72 |
Per share by fiscal year
| Year | Sales | Profit | Capex | Free cash | Dividends | Book value |
|---|---|---|---|---|---|---|
| 2016 | $9.36 | $2.37 | $0.11 | $1.37 | $0.70 | $23.55 |
| 2017 | $9.78 | $2.28 | $0.07 | $4.57 | $0.76 | $25.06 |
| 2018 | $5.68 | $1.61 | $0.07 | $1.77 | $0.47 | $26.97 |
| 2019 | $5.59 | $1.54 | $0.09 | $1.85 | $0.51 | $16.63 |
| 2020 | $6.49 | $0.90 | $0.13 | $1.36 | $0.52 | $17.18 |
| 2021 | $8.30 | $2.70 | $0.10 | $3.78 | $0.57 | $18.64 |
| 2022 | $8.67 | $2.66 | $0.13 | $2.21 | $0.63 | $15.56 |
| 2023 | $7.46 | $2.08 | $0.28 | $1.63 | $0.66 | $16.74 |
| 2024 | $7.21 | $1.37 | $0.43 | $0.31 | $0.67 | $17.77 |
| 2025 | $8.27 | $1.81 | $0.12 | $1.78 | — | $20.02 |