earnings
confidence high
sentiment positive
materiality 0.65
Farmers & Merchants Bancorp Q1 2026: ROA 1.68%, NIM 4.25%, assets $5.8B
FARMERS & MERCHANTS BANCORP
2026-Q1 EPS reported
$35.34
- Assets $5.8B, ROA 1.68%, ROE 14.69%, NIM (tax-equiv) 4.25% as of March 31, 2026.
- Credit quality strong: one non-performing CRE loan of $730K (0.02% of loans); net recoveries of $43K in Q1.
- Ag lending portfolio $951.3M (26.3% of loans); 20th largest US Ag lender with zero non-performing Ag loans.
- 91 consecutive years of dividends, 61 years of increases; repurchased 181 shares in Q1-26.
- New branches planned: Walnut Creek, Livingston, Lockeford opening Q3 2026; Lafayette Q2 2027.