Farmers & Merchants Bancorp raises quarterly dividend 4.9% to $5.35/share

FARMERS & MERCHANTS BANCORP

• New quarterly dividend of $5.35 per share, up from $5.10; payable July 1, 2026 to holders of record June 12, 2026.
• Trailing twelve-month dividends total $20.50 vs $18.60 a year earlier; increase marks 61st consecutive year of dividend growth.
• Q1 2026 record net income of $24.1M ($35.34 diluted EPS), up 7.6% YoY; annualized ROAA 1.68%, ROAE 14.69%.
• Total assets $5.8B; CET1 ratio 14.23%, total risk-based capital 15.71%; bank remains 'well-capitalized'.
• FMCB is one of 57 'Dividend Kings' (ranked 17th by Sure Dividend), with 91 consecutive years of cash dividends.

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