$35.200
-0.345 (-0.98%)At close
FMAO News
FMAO Events
Lars Eller Expects 2026 to be a Historic Year of Profitability and Growth
Reports Q3 tangible book value per share $21.62. Lars Eller, president and CEO, stated, "2026 is shaping up to be a historic year of profitability and growth with year-to-date earnings per share increasing 39.8% to $2.39. Throughout the 2026 nine-month period, our team has worked hard to expand our net interest margin, control operating expenses, grow our balance sheet, and maintain excellent asset quality. We are encouraged by the progress we have made across these key priorities and believe we are well positioned to sustain our positive momentum through the remainder of 2026 and into 2027."
Farmers & Merchants Bancorp Announces Quarterly Cash Dividend of 25 Cents
The Board of Directors of Farmers & Merchants Bancorp, the holding company of F&M Bank, announced that it has approved the Company's quarterly cash dividend of 24c per share. In addition, the Board approved a one-time special cash dividend of 1c per share, bringing the total Q3 dividend payment to 25c per share in recognition of America's 250th anniversary. Together, the Q3 and special dividend of 25c per share will be paid on October 20 to shareholders of record as of October 9. Compared to the prior dividend payment, the 24c per share cash dividend reflects a 1c per share, or 4.3% increase in the quarterly dividend and a 4c per share increase in the Company's annual dividend.
Farmers & Merchants Bancorp Announces Quarterly Cash Dividend of 25 Cents
The Board of Directors of Farmers & Merchants Bancorp, the holding company of F&M Bank, announced that it has approved the Company's quarterly cash dividend of 24c per share. In addition, the Board approved a one-time special cash dividend of 1c per share, bringing the total Q3 dividend payment to 25c per share in recognition of America's 250th anniversary. Together, the Q3 and special dividend of 25c per share will be paid on October 20 to shareholders of record as of October 9. Compared to the prior dividend payment, the 24c per share cash dividend reflects a 1c per share, or 4.3% increase in the quarterly dividend and a 4c per share increase in the Company's annual dividend.
F&M Reports Q2 Tangible Book Value Per Share of $21.41
Reports Q2 tangible book value per share $21.41. Lars Eller, President and Chief Executive Officer, stated, "I am proud to report the second quarter of 2026 was the most profitable quarter in our 129-year history. Our record performance builds upon the strong start we established in the first quarter and demonstrates the meaningful operating leverage across our business. With growing earnings momentum, a solid balance sheet and continued investments in our people, technology, and markets, we believe F&M is well positioned to deliver sustained profitable growth and long-term value for our shareholders."
F&M Bank Appoints New Executive Leadership Team
F&M Bank announced several executive leadership appointments. F&M has promoted Eric Faust to executive VP and COO. Faust joined F&M in 2022 as chief risk officer and has led the bank's enterprise risk management, compliance, internal audit, and Bank Secrecy Act functions. F&M also announced the appointment of Melody Charlton as chief legal and compliance officer. F&M also announced that Benet Rupp will continue serving as executive VP and chief people officer, following an interim leadership period.
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