FMFGOTCSavings Institutions, Not Federally CharteredFiscal year ends December 31
Farmers & Merchants Bancshares, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 11, 2026
$18.60+0.00 (0.00%)
Close on Oct 19, 2026
- Market cap
- $60.25M
- P/E (TTM)
- 8.5
- Dividend yield
- –
Farmers & Merchants Bancshares statistics
Financials through Jun 30, 2026, price as of Oct 19, 2026, median of Savings Institutions, Not Federally Chartered companies for comparison
Valuation
| Measure | Farmers & Merchants Bancshares | Industry median |
|---|---|---|
| Market Cap | $60.69M | $679.86M |
| Enterprise Value | $60.69M | $408.94M |
| PE Ratio | 8.45 | 12.00 |
| PS Ratio | 2.14 | 3.61 |
| PB Ratio | 0.90 | 1.18 |
| P/TBV Ratio | 1.00 | 1.41 |
| P/FCF Ratio | 8.20 | 10.93 |
| P/OCF Ratio | 7.89 | 10.04 |
Enterprise value
| Measure | Farmers & Merchants Bancshares | Industry median |
|---|---|---|
| EV / Sales | 2.14 | 2.78 |
| EV / FCF | 8.20 | 8.25 |
Income (trailing twelve months)
| Measure | Farmers & Merchants Bancshares | Industry median |
|---|---|---|
| Revenue | $28.41M | $170.85M |
| Pretax Income | $9.38M | $70.12M |
| Net Income | $7.12M | $54.33M |
| EPS (Diluted) | $2.20 | $2.90 |
Margins
| Measure | Farmers & Merchants Bancshares | Industry median |
|---|---|---|
| Pretax Margin | 33.0% | 36.4% |
| Profit Margin | 25.1% | 29.1% |
| FCF Margin | 26.0% | 33.0% |
Returns
| Measure | Farmers & Merchants Bancshares | Industry median |
|---|---|---|
| Return on Equity (ROE) | 11.1% | 10.5% |
| Return on Assets (ROA) | 0.83% | 1.12% |
Growth
| Measure | Farmers & Merchants Bancshares | Industry median |
|---|---|---|
| Revenue Growth (YoY) | 19.1% | 11.8% |
| Net Income Growth (YoY) | 64.0% | 23.1% |
| EPS Growth (YoY) | 59.4% | 22.7% |
| FCF Growth (YoY) | 297.0% | 27.1% |
| Revenue Growth (3Y CAGR) | -0.06% | 5.82% |
| Revenue Growth (5Y CAGR) | 6.35% | 6.17% |
| EPS Growth (3Y CAGR) | -12.0% | 1.26% |
| EPS Growth (5Y CAGR) | 15.0% | 8.24% |
Balance sheet
| Measure | Farmers & Merchants Bancshares | Industry median |
|---|---|---|
| Equity (Book Value) | $67.59M | $560.44M |
| Book Value Per Share | $20.72 | $28.47 |
| Tangible Book Value | $60.62M | $472.29M |
Cash flow (trailing twelve months)
| Measure | Farmers & Merchants Bancshares | Industry median |
|---|---|---|
| Operating Cash Flow | $7.70M | $61.20M |
| Capital Expenditures | -$297.00K | -$4.02M |
| Free Cash Flow | $7.40M | $52.43M |
| FCF Per Share | $2.27 | $3.07 |
Efficiency
| Measure | Farmers & Merchants Bancshares | Industry median |
|---|---|---|
| Asset Turnover | 0.03 | 0.04 |
| Revenue Per Employee | $299.07K | $353.78K |
| Profits Per Employee | $74.99K | $107.28K |
| Employee Count | 95 | 489 |
Dividends and yields
| Measure | Farmers & Merchants Bancshares | Industry median |
|---|---|---|
| Earnings Yield | 11.7% | 8.07% |
| FCF Yield | 12.2% | 8.89% |
Shares
| Measure | Farmers & Merchants Bancshares | Industry median |
|---|---|---|
| Shares Outstanding | 3,262,960 | 18,839,100 |
| Shares Change (YoY) | 1.86% | 0.39% |
| Shares Change (QoQ) | 0.84% | 0.00% |
| Float | 2,726,240 | 17,061,900 |
| Shares Held by Insiders | 16.4% | 5.89% |
| Shares Held by Institutions | 2.11% | 61.9% |
Taxes
| Measure | Farmers & Merchants Bancshares | Industry median |
|---|---|---|
| Income Tax | $2.26M | $14.50M |
| Effective Tax Rate | 24.1% | 21.1% |
Scores
| Measure | Farmers & Merchants Bancshares | Industry median |
|---|---|---|
| Graham Number | $32.02 | $45.31 |
| Graham Upside | 72.2% | 21.6% |
| Altman Z-Score | 0.15 | 0.21 |
| Piotroski F-Score | 6 | 6 |
Calculated by StockData from Farmers & Merchants Bancshares's SEC filings and the latest closing price. Hover a measure to see its formula. The grey column is the median of companies in the same industry group (two-digit SIC code); green or red marks a better or worse value than that median.