Earnings ·
Farmers & Merchants Bancorp reports Q3 net income of $25.1 million, up 5.75%
FMCBFarmers & Merchants Bancorp
Farmers & Merchants Bancorp reported third-quarter 2026 net income of $25.1 million, a 5.75% increase from the prior-year period, driven by higher net interest income and a tax benefit. Diluted earnings per share rose 8.34% to $36.75, while tangible book value per share increased 6.27% to $932.14. The company's total risk-based capital ratio strengthened to 16.39%, and loan growth outpaced deposit growth during the quarter. Farmers & Merchants Bancorp is a community bank holding company operating F&M Bank in California.