Farmers & Merchants Bancshares, INC
Market Movers (8-K)
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Farmers and Merchants Bancshares, Inc. announced a significant increase in net income for the first six months of 2026, driven by improved net interest income and a wider net yield on interest-earning assets.
Better than expected
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Farmers & Merchants Bancshares, Inc. has amended its Rights Agreement, extending the final expiration date of the rights to July 29, 2027.
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Farmers & Merchants Bancshares, Inc. has amended its Code of Ethics for directors and executive officers to enhance compliance and principles-based guidance.
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Farmers and Merchants Bancshares, Inc. announced a 5.9% increase in its quarterly cash dividend to $0.36 per share.
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Farmers and Merchants Bancshares, Inc. reported the successful election of directors and ratification of auditors at its 2026 annual meeting.
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Farmers and Merchants Bancshares, Inc. has amended its 2023 Equity Compensation Plan to authorize an additional 200,000 shares for issuance.
Quarterly Earnings (10-Q)
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Farmers & Merchants Bancshares reports increased net income and improved net interest income for Q1 2026, driven by higher loan balances and yields.
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Farmers and Merchants Bancshares reported a significant increase in net income and EPS for Q3 and the first nine months of 2025, driven by robust loan growth and improved net interest margin.
Better than expected
Capital raise
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Farmers and Merchants Bancshares, Inc. reported increased net income and strong loan growth for the second quarter and first half of 2025, alongside a rise in credit loss provisions and watch list loans.
Better than expected
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Farmers and Merchants Bancshares, Inc. filed an amended quarterly report for Q1 2025 to include previously omitted financial controls and market risk disclosures, along with updated certifications.
Delay expected
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Farmers and Merchants Bancshares reports a slight increase in net interest income but steady net income of $1.2 million for the quarter ended March 31, 2025, compared to the same period last year.
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Farmers and Merchants Bancshares experienced a decrease in net income for the third quarter of 2024, primarily due to increased interest expenses and operating costs, despite growth in loan portfolios.
Worse than expected
Annual Reports (10-K)
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Farmers and Merchants Bancshares, Inc. reported a significant increase in net income for 2025, driven by higher net interest income and loan growth, despite a decrease in total deposits.
Capital raise
Better than expected
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Farmers and Merchants Bancshares files an amendment to its 2024 annual report to address the inadvertent sale of unregistered shares through its dividend reinvestment plan.
Worse than expected
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10-K: Farmers and Merchants Bancshares, Inc. Reports FY 2024 Results: Loan Growth Drives Asset Increase
Farmers and Merchants Bancshares, Inc. reports a 5.6% increase in total assets for FY 2024, driven by loan growth, while net income declines due to rising interest expenses.
Worse than expected
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Farmers & Merchants Bancshares, Inc. reports a decrease in net income for 2023 despite an increase in total assets, according to its annual 10-K filing.
Worse than expected
Capital raise
Insider Trading (Form 4)
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Barry J. Renbaum, a Director and 10% owner of Farmers & Merchants Bancshares, Inc. (FMFG), reported a transaction involving common stock.
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Farmers & Merchants Bancshares, Inc. EVP Barry Luciani was granted 1,200 restricted stock units, vesting over three years.
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Farmers & Merchants Bancshares Board Advisor Mark C. Krebs acquired 265 shares of FMFG stock, increasing his direct beneficial ownership.
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Farmers & Merchants Bancshares Director Ronald W. Hux acquired 800 shares of company stock at $17.02 per share, increasing his direct beneficial ownership.
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A director of Farmers & Merchants Bancshares, Inc. acquired 823 shares of common stock at $17.02 per share, increasing their direct beneficial ownership.
Better than expected
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Farmers & Merchants Bancshares Director Teresa L. Smack acquired 827 shares of company stock at $17.02 per share in a pre-planned transaction.
Proxy Statements (Def-14A)
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Farmers and Merchants Bancshares, Inc. announced its 2026 Annual Meeting of Stockholders to address director elections, executive compensation, and auditor ratification.
Worse than expected
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Farmers and Merchants Bancshares is set to hold its 2025 Annual Meeting amidst a dispute over director nominations, urging stockholders to disregard materials from dissident shareholders.
Delay expected
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Farmers and Merchants Bancshares, Inc. will hold its 2024 Annual Meeting of Stockholders on April 23, 2024, to vote on director elections, executive compensation, the frequency of Say-on-Pay votes, and the ratification of the company's independent auditor.
New Public Companies (S-1)
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Farmers and Merchants Bancshares, Inc. has filed an S-1 registration statement for its 2025 Dividend Reinvestment Plan, allowing eligible stockholders to reinvest cash dividends in up to 500,000 new common shares, typically at a 5% discount, while also disclosing an inadvertent unregistered sale of shares from a prior plan.
Capital raise