Farmers & Merchants Bancorp Q1 record net income $24.1M; diluted EPS up 7.6% YoY

FARMERS & MERCHANTS BANCORP

2026-Q1 EPS reported $35.34

Net income $24.1M, diluted EPS $35.34 vs $32.86 YoY (+7.6%); trailing 12-month EPS $136.49 (+10.68% YoY).
Net interest income $56.9M (+7.08% YoY); NIM (tax-equiv) 4.25% up from 4.20%.
Total assets $5.84B, deposits $5.12B (+2.8% since Dec 31); no borrowings; $2.2B borrowing capacity.
Tangible book value per share $928.99, up 15.01% vs $807.72 a year ago.
Credit quality: one non-accrual loan ($730k); net recoveries $43k; allowance 2.12% of loans.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.98

FARMERS & MERCHANTS BANCORP reported first quarter ended March 31, 2026 results: net income $24.1 million, EPS $35.34 per diluted common share.

Period: first quarter ended March 31, 2026
Net income: $24.1 million
EPS: $35.34 per diluted common share
Result: reported results

Exact text from the filing

Farmers & Merchants Bancorp (OTCQX: FMCB ) (the “Company” or “FMCB”), the parent company of Farmers & Merchants Bank of Central California (the “Bank” or “F&M Bank”), reported net income of $24.1 million, or $35.34 per diluted common share, for the first quarter of 2026 compared with $23.0 million, or $32.86 per diluted common share, for the first quarter of 2025.

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Source: SEC EDGAR

accession 0001140361-26-015683

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