Farmers & Merchants Bancorp Management
Management criteria checks 3/4
Farmers & Merchants Bancorp's CEO is Kent Steinwert, appointed in Jan 1997, has a tenure of 27.92 years. total yearly compensation is $6.13M, comprised of 14.8% salary and 85.2% bonuses, including company stock and options. directly owns 4.51% of the company’s shares, worth $32.17M. The average tenure of the management team and the board of directors is 6.3 years and 21.9 years respectively.
Key information
Kent Steinwert
Chief executive officer
US$6.1m
Total compensation
| CEO salary percentage | 14.8% |
| CEO tenure | 27.9yrs |
| CEO ownership | 4.5% |
| Management average tenure | 6.3yrs |
| Board average tenure | 21.9yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$88m |
| Jun 30 2024 | n/a | n/a | US$88m |
| Mar 31 2024 | n/a | n/a | US$87m |
| Dec 31 2023 | US$6m | US$905k | US$88m |
| Sep 30 2023 | n/a | n/a | US$87m |
| Jun 30 2023 | n/a | n/a | US$84m |
| Mar 31 2023 | n/a | n/a | US$82m |
| Dec 31 2022 | US$6m | US$905k | US$75m |
| Sep 30 2022 | n/a | n/a | US$71m |
| Jun 30 2022 | n/a | n/a | US$69m |
| Mar 31 2022 | n/a | n/a | US$67m |
| Dec 31 2021 | US$5m | US$905k | US$66m |
| Sep 30 2021 | n/a | n/a | US$66m |
| Jun 30 2021 | n/a | n/a | US$63m |
| Mar 31 2021 | n/a | n/a | US$61m |
| Dec 31 2020 | US$5m | US$916k | US$59m |
| Sep 30 2020 | n/a | n/a | US$58m |
| Jun 30 2020 | n/a | n/a | US$57m |
| Mar 31 2020 | n/a | n/a | US$57m |
| Dec 31 2019 | US$5m | US$855k | US$56m |
| Sep 30 2019 | n/a | n/a | US$54m |
| Jun 30 2019 | n/a | n/a | US$53m |
| Mar 31 2019 | n/a | n/a | US$49m |
| Dec 31 2018 | US$4m | US$811k | US$46m |
| Sep 30 2018 | n/a | n/a | US$36m |
| Jun 30 2018 | n/a | n/a | US$33m |
| Mar 31 2018 | n/a | n/a | US$30m |
| Dec 31 2017 | US$4m | US$804k | US$28m |
Compensation vs Market: Kent's total compensation ($USD6.13M) is above average for companies of similar size in the US market ($USD3.24M).
Compensation vs Earnings: Kent's compensation has been consistent with company performance over the past year.
CEO
Kent Steinwert (71 yo)
27.9yrs
Tenure
US$6,131,578
Compensation
Mr. Kent A. Steinwert has been the Chief Executive Officer and President of Farmers & Merchants Bank of Central California, a subsidiary of Farmers & Merchants BanCorp Since August 18, 1997. Mr. Steinwert...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 27.9yrs | US$6.13m | 4.51% $ 32.2m | |
| Executive VP | 1.8yrs | US$1.83m | 0.099% $ 703.8k | |
| Executive Officer | 24yrs | US$2.25m | 0.69% $ 4.9m | |
| Executive VP & Retail Banking Division Manager | 10.6yrs | US$1.58m | 0.43% $ 3.1m | |
| Executive VP & Director of Wholeslae Banking Division | 7.6yrs | US$1.35m | 0.22% $ 1.6m | |
| Executive Vice President & Chief Administrative Officer | no data | no data | no data | |
| Senior VP & Director of Human Resources | 6.3yrs | no data | no data | |
| Executive VP & Chief Credit Officer | 1.9yrs | no data | 0.13% $ 919.0k | |
| Executive VP & Enterprise Risk Officer | less than a year | no data | 0.0076% $ 54.0k |
6.3yrs
Average Tenure
56yo
Average Age
Experienced Management: FMCB's management team is seasoned and experienced (6.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 26.9yrs | US$6.13m | 4.51% $ 32.2m | |
| Independent Director | 34.9yrs | US$294.20k | 0.48% $ 3.5m | |
| Independent Director | 23.9yrs | US$303.60k | 1.12% $ 8.0m | |
| Independent Director | 21.9yrs | US$353.40k | 0.32% $ 2.3m | |
| Independent Director | 10.4yrs | US$295.20k | 0.27% $ 1.9m | |
| Independent Director | 2.3yrs | US$292.60k | 0.067% $ 481.5k | |
| Independent Director | 6.8yrs | US$305.20k | 0.11% $ 757.9k |
21.9yrs
Average Tenure
71yo
Average Age
Experienced Board: FMCB's board of directors are seasoned and experienced ( 21.9 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 08:04 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Farmers & Merchants Bancorp is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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