secwatch.observer — SEC 8-K summary
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Issuer:     FARMERS & MERCHANTS BANCORP (FMCB)
CIK:        0001085913
Form:       8-K
Filed at:   2024-11-13T23:59:59+00:00
Accession:  0001140361-24-046484
Event type: dividend
Sentiment:  positive
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Farmers & Merchants Bancorp declares $9.30 year-end dividend, up 5.68%
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- Year-end cash dividend of $9.30/share, up 5.68%; payable Jan 2, 2025 to holders of record Dec 4, 2024.
- Total 2024 cash dividends $18.10/share, up 5.85% from $17.10 in 2023; payout ratio 15.28%.
- Trailing twelve months net income $88.0M ($118.46/share), up 1.26% from prior year.
- Repurchased 47,989 shares for $45.4M YTD through Oct 31, reducing outstanding shares by 6.42%.
- Capital well-capitalized: CET1 ratio 13.47%, total risk-based capital 14.95%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1085913/000114036124046484/0001140361-24-046484-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1085913/000114036124046484/ef20038564_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-24-046484

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