company background image
FMFG logo

Farmers and Merchants Bancshares OTCPK:FMFG Stock Report

Last Price

US$17.00

Market Cap

US$53.0m

7D

5.6%

1Y

-21.9%

Updated

18 Mar, 2024

Data

Company Financials

Farmers and Merchants Bancshares, Inc.

OTCPK:FMFG Stock Report

Market Cap: US$53.0m

FMFG Stock Overview

Farmers and Merchants Bancshares, Inc., through its subsidiary, Farmers and Merchants Bank, provides commercial and retail banking services to individuals and businesses in Baltimore and Carroll counties in Maryland, and surrounding areas of northern Maryland.

FMFG fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends4/6

Farmers and Merchants Bancshares, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Farmers and Merchants Bancshares
Historical stock prices
Current Share PriceUS$17.00
52 Week HighUS$27.00
52 Week LowUS$14.50
Beta0.13
1 Month Change0%
3 Month Change-5.45%
1 Year Change-21.91%
3 Year Change-12.82%
5 Year Change-1.98%
Change since IPO78.50%

Recent News & Updates

Recent updates

Shareholder Returns

FMFGUS BanksUS Market
7D5.6%-0.8%-0.1%
1Y-21.9%30.9%28.4%

Return vs Industry: FMFG underperformed the US Banks industry which returned 30.9% over the past year.

Return vs Market: FMFG underperformed the US Market which returned 28.4% over the past year.

Price Volatility

Is FMFG's price volatile compared to industry and market?
FMFG volatility
FMFG Average Weekly Movementn/a
Banks Industry Average Movement4.3%
Market Average Movement6.1%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.0%

Stable Share Price: FMFG has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine FMFG's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
191992Gary Harrishttps://www.fmb1919.bank

Farmers and Merchants Bancshares, Inc., through its subsidiary, Farmers and Merchants Bank, provides commercial and retail banking services to individuals and businesses in Baltimore and Carroll counties in Maryland, and surrounding areas of northern Maryland. It offers checking, savings, money market, individual retirement, and sweep accounts, as well as certificates of deposit, remote check deposits, and repurchase agreements. The company also provides credit for residential mortgages, including federal housing administration and veterans affairs loans; construction loans; home equity lines; personal installment loans; and other consumer financing, as well as finances commerce and industry by providing credit and deposit services for small to medium size businesses and the agricultural community.

Farmers and Merchants Bancshares, Inc. Fundamentals Summary

How do Farmers and Merchants Bancshares's earnings and revenue compare to its market cap?
FMFG fundamental statistics
Market capUS$52.99m
Earnings (TTM)US$6.42m
Revenue (TTM)US$23.57m

8.3x

P/E Ratio

1.0x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FMFG income statement (TTM)
RevenueUS$23.57m
Cost of RevenueUS$0
Gross ProfitUS$23.57m
Other ExpensesUS$17.15m
EarningsUS$6.42m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)2.06
Gross Margin100.00%
Net Profit Margin27.23%
Debt/Equity Ratio114.1%

How did FMFG perform over the long term?

See historical performance and comparison

Dividends

3.9%

Current Dividend Yield

32%

Payout Ratio
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.