Home / FMFG : OTC

AI Analysis Fundamentals Valuation Video Analysis Similar

AI Analysis

How does FMFG make money? Does FMFG have pricing power? What's the Earnings Whisper? Will FMFG profit more as the business scales? What is FMFG's management track record? Is FMFG's current price justified?

Farmers and Merchants Bancshares, Inc.

$18.71 +$1.49 (+8.65%)

OTC · 11 Sep 2026 20:00 UTC

Previous Close

$18.71

Day Range

$18.6$18.71

Year Range

$15.75$21

Market Cap

60.54M

AVG Volume

949

Trailing/Forward PE

8.35/-

PEG ratio

0.13

Dividend Yield

3.74%

Next Earnings Date

Primary Exchange

Other OTC

Revenue (USD)

FMFG Revenue (USD) by year
Period	Revenue (USD)
2025	44.15M
2024	39.47M
2023	32.29M
2022	27.44M
2021	25.22M
2020	18.75M
2019	16.48M
2018	16.15M
2017	15.81M
2016	15.47M

Net Income (USD)

FMFG Net Income (USD) by year
Period	Net Income (USD)
2025	5.77M
2024	4.28M
2023	6.42M
2022	8.09M
2021	8.15M
2020	2.68M
2019	4.56M
2018	4.71M
2017	3.79M
2016	3.91M

Operating Income (USD)

FMFG Operating Income (USD) by year
Period	Operating Income (USD)
2025	7.37M
2024	5.51M
2023	8.44M
2022	10.58M
2021	11.22M
2020	6.84M
2019	5.98M
2018	6.13M
2017	6.11M
2016	8.07M

EBITDA (USD)

FMFG EBITDA (USD) by year
Period	EBITDA (USD)
2025	8.12M
2024	6.15M
2023	8.94M
2022	11.06M
2021	11.06M
2020	3.6M
2019	5.94M
2018	6.14M
2017	6.3M
2016	11.57M

Cash Flows (USD)

FMFG Cash Flows (USD) by year
Period	Cash Flows (USD)
2025	5.79M
2024	970.81K
2023	5.04M
2022	6.75M
2021	13.52M
2020	4.07M
2019	5.46M
2018	5.17M
2017	7.57M
2016	2.26M

EPS (USD)

FMFG EPS (USD) by year
Period	EPS (USD)
2025	1.82
2024	1.37
2023	2.07
2022	2.66
2021	2.69
2020	0.9
2019	1.55
2018	1.61
2017	1.3
2016	1.35

Expenses (USD)

FMFG Expenses (USD) by year
Period	Expenses (USD)
2025	12.22M
2024	12.36M
2023	11.39M
2022	11.07M
2021	8.47M
2020	10.72M
2019	8.76M
2018	8.28M
2017	7.9M
2016	7.58M

Cash & Debt (USD)

FMFG Cash & Debt (USD) by year
Period	Cash & Debt (USD)
2025	164.84M
2024	183.6M
2023	200.98M
2022	132.83M
2021	26.46M
2020	40.98M
2019	9.12M
2018	14.62M
2017	7.24M
2016	13.31M

Debt ratios

FMFG Debt ratios by year
Period	Debt ratios
2025	-2.5
2024	-4.35
2023	-5.08
2022	-2.92
2021	0.08
2020	-0.86
2019	-0.26
2018	-0.35

Margins

FMFG Margins by year
Period	Margins
2025	57.73%
2024	55.21%
2023	71.08%
2022	94.1%
2021	97.17%
2020	110.73%
2019	4.03%
2018	55221.68%
2017	52872.21%
2016	100%

Return on Capital

FMFG Return on Capital by year
Period	Return on Capital
2025	8.92%
2024	7.6%
2023	12.3%
2022	16.93%
2021	14.39%
2020	5.18%
2019	9.22%
2018	10.38%
2017	9.13%
2016	10.01%

Shares Outstanding

FMFG Shares Outstanding by year
Period	Shares Outstanding
2025	3.15M
2024	3.13M
2023	3.12M
2022	3.06M
2021	3.04M
2020	2.99M
2019	2.95M
2018	2.93M
2017	2.94M
2016	2.9M

Dividends (USD)

FMFG Dividends (USD) by year
Period	Dividends (USD)
2026	0.36
2025	0.68
2024	0.67
2023	0.66
2022	0.63
2021	0.57
2020	0.52
2019	0.51
2018	0.47
2017	0.43

Employee Count

FMFG Employee Count by year
Period	Employee Count
2025	91
2024	94
2023	90
2022	87
2021	81
2020	86
2019	88
2018	71
2017	87

Book Value Per Share (USD)

FMFG Book Value Per Share (USD) by year
Period	Book Value Per Share (USD)
2025	20.54
2024	17.96
2023	16.74
2022	15.62
2021	18.64
2020	17.27
2019	16.78
2018	15.52
2017	14.1
2016	13.44

Total Assets (USD)

FMFG Total Assets (USD) by year
Period	Total Assets (USD)
2025	871.96M
2024	844.64M
2023	799.94M
2022	718.21M
2021	717.4M
2020	677.32M
2019	442.22M
2018	417.16M
2017	403.36M
2016	379.83M

PE Ratio

FMFG PE Ratio by year
Period	PE Ratio
Sep 26	8.27
Sep 26	8.27
Aug 26	8.22
Aug 26	8.19
Aug 26	8.41
Aug 26	9.56
Jul 26	9.56
Jul 26	9.31
Jul 26	9.26
Jul 26	9.21
Jul 26	9.31
Jun 26	8.82
Jun 26	8.76
Jun 26	8.45
Jun 26	8.32
May 26	8.54
May 26	8.62
May 26	8.57
May 26	9.65
May 26	9.5
Apr 26	9.81
Apr 26	9.55
Apr 26	9.82
Apr 26	9.39
Mar 26	9.39
Mar 26	11.42
Mar 26	11.22
Mar 26	11.22
Feb 26	11.86
Feb 26	12.16
Feb 26	13.09
Feb 26	12.27
Jan 26	12.27
Jan 26	12.27
Jan 26	11.18
Jan 26	11.03
Jan 26	11.01
Dec 25	10.88
Dec 25	10.74
Dec 25	10.69
Dec 25	10.74
Nov 25	10.78
Nov 25	10.78
Nov 25	10.42
Nov 25	12.05
Oct 25	11.78
Oct 25	11.74
Oct 25	11.43
Oct 25	11.42
Oct 25	12.24
Sep 25	12.11
Sep 25	12.11
Sep 25	12.11
Sep 25	11.78
Aug 25	11.78
Aug 25	11.67
Aug 25	12.07
Aug 25	12.41
Aug 25	12.41
Jul 25	12.44
Jul 25	12.43
Jul 25	11.93
Jul 25	11.93
Jun 25	12.49
Jun 25	12.49
Jun 25	12.3
Jun 25	12.67
May 25	12.12
May 25	12.12
May 25	11.93
May 25	11.72
May 25	11.72
Apr 25	11.72
Apr 25	10.98
Apr 25	10.98
Apr 25	11.53
Mar 25	11.72
Mar 25	13.18
Mar 25	12.08
Mar 25	11.05
Feb 25	10.73
Feb 25	10.08
Feb 25	9.95
Feb 25	9.75
Jan 25	10.4
Jan 25	11.05
Jan 25	12.35
Jan 25	13.33
Jan 25	13.33
Dec 24	13.33
Dec 24	9.65
Dec 24	9.59
Dec 24	9.82
Nov 24	9.2
Nov 24	9.64
Nov 24	9.6
Nov 24	9.17
Nov 24	9.12
Oct 24	8.97
Oct 24	9.12

Free Cash Flow Yield

FMFG Free Cash Flow Yield by year
Period	Free Cash Flow Yield
Sep 26	6.08%
Sep 26	6.08%
Aug 26	6.12%
Aug 26	6.14%
Aug 26	5.98%
Aug 26	11.19%
Jul 26	11.19%
Jul 26	11.48%
Jul 26	11.54%
Jul 26	11.61%
Jul 26	11.49%
Jun 26	12.13%
Jun 26	12.21%
Jun 26	12.66%
Jun 26	12.86%
May 26	12.53%
May 26	12.4%
May 26	12.48%
May 26	10.41%
May 26	10.58%
Apr 26	10.24%
Apr 26	10.52%
Apr 26	10.23%
Apr 26	10.7%
Mar 26	10.7%
Mar 26	6.34%
Mar 26	6.46%
Mar 26	6.46%
Feb 26	6.11%
Feb 26	5.96%
Feb 26	5.53%
Feb 26	5.9%
Jan 26	5.9%
Jan 26	5.9%
Jan 26	6.48%
Jan 26	6.57%
Jan 26	6.58%
Dec 25	6.66%
Dec 25	6.75%
Dec 25	6.78%
Dec 25	6.75%
Nov 25	6.72%
Nov 25	6.72%
Nov 25	6.95%
Nov 25	3.53%
Oct 25	3.62%
Oct 25	3.63%
Oct 25	3.73%
Oct 25	3.73%
Oct 25	3.48%
Sep 25	3.52%
Sep 25	3.52%
Sep 25	3.52%
Sep 25	3.62%
Aug 25	3.62%
Aug 25	3.65%
Aug 25	3.53%
Aug 25	3.38%
Aug 25	3.38%
Jul 25	3.37%
Jul 25	3.37%
Jul 25	3.51%
Jul 25	3.51%
Jun 25	3.36%
Jun 25	3.36%
Jun 25	3.41%
Jun 25	3.31%
May 25	3.46%
May 25	3.46%
May 25	3.51%
May 25	1.94%
May 25	1.94%
Apr 25	1.94%
Apr 25	2.07%
Apr 25	2.07%
Apr 25	1.97%
Mar 25	1.94%
Mar 25	1.72%
Mar 25	1.88%
Mar 25	2.6%
Feb 25	2.68%
Feb 25	2.85%
Feb 25	2.89%
Feb 25	2.95%
Jan 25	2.76%
Jan 25	2.6%
Jan 25	2.33%
Jan 25	2.15%
Jan 25	2.15%
Dec 24	2.15%
Dec 24	2.98%
Dec 24	3%
Dec 24	2.93%
Nov 24	3.12%
Nov 24	2.98%
Nov 24	2.99%
Nov 24	5.65%
Nov 24	5.68%
Oct 24	5.78%
Oct 24	5.68%

Price to Sales

FMFG Price to Sales by year
Period	Price to Sales
Sep 26	1.27
Sep 26	1.27
Aug 26	1.26
Aug 26	1.26
Aug 26	1.29
Aug 26	1.35
Jul 26	1.35
Jul 26	1.32
Jul 26	1.31
Jul 26	1.3
Jul 26	1.32
Jun 26	1.25
Jun 26	1.24
Jun 26	1.19
Jun 26	1.18
May 26	1.21
May 26	1.22
May 26	1.21
May 26	1.26
May 26	1.24
Apr 26	1.28
Apr 26	1.25
Apr 26	1.28
Apr 26	1.23
Mar 26	1.23
Mar 26	1.32
Mar 26	1.29
Mar 26	1.29
Feb 26	1.37
Feb 26	1.4
Feb 26	1.51
Feb 26	1.41
Jan 26	1.41
Jan 26	1.41
Jan 26	1.29
Jan 26	1.27
Jan 26	1.27
Dec 25	1.25
Dec 25	1.24
Dec 25	1.23
Dec 25	1.24
Nov 25	1.24
Nov 25	1.24
Nov 25	1.2
Nov 25	1.26
Oct 25	1.23
Oct 25	1.23
Oct 25	1.2
Oct 25	1.2
Oct 25	1.28
Sep 25	1.27
Sep 25	1.27
Sep 25	1.27
Sep 25	1.23
Aug 25	1.23
Aug 25	1.22
Aug 25	1.26
Aug 25	1.3
Aug 25	1.3
Jul 25	1.3
Jul 25	1.3
Jul 25	1.25
Jul 25	1.25
Jun 25	1.31
Jun 25	1.31
Jun 25	1.29
Jun 25	1.33
May 25	1.27
May 25	1.27
May 25	1.25
May 25	1.27
May 25	1.27
Apr 25	1.27
Apr 25	1.19
Apr 25	1.19
Apr 25	1.25
Mar 25	1.27
Mar 25	1.43
Mar 25	1.31
Mar 25	1.42
Feb 25	1.37
Feb 25	1.29
Feb 25	1.28
Feb 25	1.25
Jan 25	1.33
Jan 25	1.42
Jan 25	1.58
Jan 25	1.71
Jan 25	1.71
Dec 24	1.71
Dec 24	1.24
Dec 24	1.23
Dec 24	1.26
Nov 24	1.18
Nov 24	1.24
Nov 24	1.23
Nov 24	1.31
Nov 24	1.31
Oct 24	1.29
Oct 24	1.31

EV/EBITDA

FMFG EV/EBITDA by year
Period	EV/EBITDA
Sep 26	-2.99
Sep 26	-2.99
Aug 26	-3.02
Aug 26	-3.05
Aug 26	-2.89
Aug 26	-2.31
Jul 26	-2.31
Jul 26	-2.48
Jul 26	-2.52
Jul 26	-2.56
Jul 26	-2.49
Jun 26	-2.83
Jun 26	-2.87
Jun 26	-3.09
Jun 26	-3.19
May 26	-3.03
May 26	-2.97
May 26	-3.01
May 26	-3.72
May 26	-3.82
Apr 26	-3.6
Apr 26	-3.78
Apr 26	-3.6
Apr 26	-3.9
Mar 26	-3.9
Mar 26	-6.5
Mar 26	-6.65
Mar 26	-6.65
Feb 26	-6.19
Feb 26	-5.98
Feb 26	-5.32
Feb 26	-5.9
Jan 26	-5.9
Jan 26	-5.9
Jan 26	-6.67
Jan 26	-6.78
Jan 26	-6.79
Dec 25	-6.88
Dec 25	-6.98
Dec 25	-7.02
Dec 25	-6.98
Nov 25	-6.95
Nov 25	-6.95
Nov 25	-7.21
Nov 25	-10.87
Oct 25	-11.05
Oct 25	-11.08
Oct 25	-11.3
Oct 25	-11.31
Oct 25	-10.73
Sep 25	-10.82
Sep 25	-10.82
Sep 25	-10.82
Sep 25	-11.05
Aug 25	-11.05
Aug 25	-11.13
Aug 25	-10.85
Aug 25	-12.57
Aug 25	-12.57
Jul 25	-12.56
Jul 25	-12.56
Jul 25	-12.91
Jul 25	-12.91
Jun 25	-12.52
Jun 25	-12.52
Jun 25	-12.65
Jun 25	-12.39
May 25	-12.77
May 25	-12.77
May 25	-12.91
May 25	-18.15
May 25	-18.15
Apr 25	-18.15
Apr 25	-18.66
Apr 25	-18.66
Apr 25	-18.28
Mar 25	-18.14
Mar 25	-17.13
Mar 25	-17.89
Mar 25	-15.19
Feb 25	-15.43
Feb 25	-15.89
Feb 25	-15.98
Feb 25	-16.13
Jan 25	-15.66
Jan 25	-15.19
Jan 25	-14.26
Jan 25	-13.56
Jan 25	-13.56
Dec 24	-13.56
Dec 24	-16.19
Dec 24	-16.24
Dec 24	-16.08
Nov 24	-16.52
Nov 24	-16.2
Nov 24	-16.24
Nov 24	-14.62
Nov 24	-14.65
Oct 24	-14.76
Oct 24	-14.65

Price/Operating Cashflow

FMFG Price/Operating Cashflow by year
Period	Price/Operating Cashflow
Sep 26	7.57
Sep 26	7.57
Aug 26	7.53
Aug 26	7.5
Aug 26	7.7
Aug 26	8.55
Jul 26	8.55
Jul 26	8.33
Jul 26	8.29
Jul 26	8.24
Jul 26	8.33
Jun 26	7.89
Jun 26	7.84
Jun 26	7.56
Jun 26	7.44
May 26	7.64
May 26	7.72
May 26	7.67
May 26	9.03
May 26	8.89
Apr 26	9.18
Apr 26	8.94
Apr 26	9.18
Apr 26	8.78
Mar 26	8.79
Mar 26	14.3
Mar 26	14.05
Mar 26	14.05
Feb 26	14.85
Feb 26	15.23
Feb 26	16.39
Feb 26	15.37
Jan 26	15.37
Jan 26	15.37
Jan 26	14.01
Jan 26	13.81
Jan 26	13.78
Dec 25	13.62
Dec 25	13.45
Dec 25	13.39
Dec 25	13.45
Nov 25	13.5
Nov 25	13.5
Nov 25	13.05
Nov 25	23.13
Oct 25	22.62
Oct 25	22.55
Oct 25	21.95
Oct 25	21.92
Oct 25	23.51
Sep 25	23.26
Sep 25	23.26
Sep 25	23.26
Sep 25	22.62
Aug 25	22.62
Aug 25	22.41
Aug 25	23.17
Aug 25	21.86
Aug 25	21.86
Jul 25	21.9
Jul 25	21.89
Jul 25	21.01
Jul 25	21.01
Jun 25	21.99
Jun 25	21.99
Jun 25	21.66
Jun 25	22.32
May 25	21.35
May 25	21.35
May 25	21.01
May 25	21.71
May 25	21.71
Apr 25	21.71
Apr 25	20.35
Apr 25	20.35
Apr 25	21.37
Mar 25	21.72
Mar 25	24.42
Mar 25	22.38
Mar 25	16.32
Feb 25	15.84
Feb 25	14.88
Feb 25	14.7
Feb 25	14.4
Jan 25	15.36
Jan 25	16.32
Jan 25	18.24
Jan 25	19.69
Jan 25	19.69
Dec 24	19.69
Dec 24	14.26
Dec 24	14.16
Dec 24	14.5
Nov 24	13.59
Nov 24	14.24
Nov 24	14.17
Nov 24	10.34
Nov 24	10.29
Oct 24	10.13
Oct 24	10.29

Price to Book

FMFG Price to Book by year
Period	Price to Book
Sep 26	0.87
Sep 26	0.87
Aug 26	0.87
Aug 26	0.86
Aug 26	0.89
Aug 26	0.93
Jul 26	0.93
Jul 26	0.91
Jul 26	0.9
Jul 26	0.9
Jul 26	0.91
Jun 26	0.86
Jun 26	0.85
Jun 26	0.82
Jun 26	0.81
May 26	0.83
May 26	0.84
May 26	0.83
May 26	0.86
May 26	0.85
Apr 26	0.88
Apr 26	0.85
Apr 26	0.88
Apr 26	0.84
Mar 26	0.84
Mar 26	0.89
Mar 26	0.87
Mar 26	0.87
Feb 26	0.92
Feb 26	0.95
Feb 26	1.02
Feb 26	0.96
Jan 26	0.96
Jan 26	0.96
Jan 26	0.87
Jan 26	0.86
Jan 26	0.86
Dec 25	0.85
Dec 25	0.84
Dec 25	0.83
Dec 25	0.84
Nov 25	0.84
Nov 25	0.84
Nov 25	0.81
Nov 25	0.87
Oct 25	0.85
Oct 25	0.85
Oct 25	0.82
Oct 25	0.82
Oct 25	0.88
Sep 25	0.87
Sep 25	0.87
Sep 25	0.87
Sep 25	0.85
Aug 25	0.85
Aug 25	0.84
Aug 25	0.87
Aug 25	0.9
Aug 25	0.9
Jul 25	0.9
Jul 25	0.9
Jul 25	0.86
Jul 25	0.86
Jun 25	0.9
Jun 25	0.9
Jun 25	0.89
Jun 25	0.91
May 25	0.87
May 25	0.87
May 25	0.86
May 25	0.89
May 25	0.89
Apr 25	0.89
Apr 25	0.84
Apr 25	0.84
Apr 25	0.88
Mar 25	0.89
Mar 25	1
Mar 25	0.92
Mar 25	0.9
Feb 25	0.88
Feb 25	0.82
Feb 25	0.81
Feb 25	0.8
Jan 25	0.85
Jan 25	0.9
Jan 25	1.01
Jan 25	1.09
Jan 25	1.09
Dec 24	1.09
Dec 24	0.79
Dec 24	0.78
Dec 24	0.8
Nov 24	0.75
Nov 24	0.79
Nov 24	0.78
Nov 24	0.86
Nov 24	0.86
Oct 24	0.85
Oct 24	0.86

No video analysis for this stock yet. Request one from our team.

AI Analysis

Farmers and Merchants Bancshares, Inc.

Video analysis: FMFG

Similar companies