FMCB reports record Q2 net income of $23.1M; diluted EPS up 12.1% YoY

FARMERS & MERCHANTS BANCORP

2025-Q2 EPS reported $65.80

Net income $23.1M (+5.9% YoY); diluted EPS $32.94 (+12.1% YoY).
Net interest income $53.9M (+6.1% YoY); NIM 4.07% (tax-equivalent) vs 3.91% YoY.
Tangible book value per share rose 9.7% to $835.33; mid-year dividend increased 5.7% to $9.30/share.
No non-accrual loans at June 30; net charge-off ratio 0.02%; provision $1.4M (vs $0 in Q2 2024).
Capital strengthened: total risk-based 15.35%, CET1 13.87%; bought back 4,546 shares for $5.3M.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.