Financial Services
Farmers & Merchants Bancorp(FMCB)
Live Price
Offline$1,309.96
+0.41% today
1Y Change
+32.32%
Window
Jun 25, 2025 โ Jun 18, 2026
- Market Cap
- $910.00M
- Revenue Growth
- +4.7%
- EPS Growth
- +11.5%
- Dividend Yield
- 1.9%
Coverage: 247 bars ยท Jun 25, 2025 โ Jun 18, 2026
Research Briefing
A compact read on the setup, peer context, quarterly changes, and recent earnings reaction.
Research Snapshot
Farmers & Merchants Bancorp (FMCB) is a Financial Services stock with a market cap of $910.00M and listed on OTC. The stock last traded around $1309.96 and up 32.3% across the available one-year price window (Jun 25, 2025 โ Jun 18, 2026). Baseline metrics include revenue growth of +4.7%, EPS growth of +11.5%, a dividend yield of 1.9%. What stands out right now is revenue +4.7%, EPS +11.5%, free cash flow -4.7% with operating margin 41.7% and ROIC -2.5%. The dividend is present but secondary, with a yield around 1.9%. Valuation is more restrained than many high-expectation growth names at P/E 9.3 and price/sales 3.0. Stock Foundry combines FMCB price history, valuation, growth, dividend context, earnings, analyst forecasts, news, related Financial Services peers on this page.
Sector Context
How this name stacks up against nearby peers on first-pass metrics.
Revenue Growth
Near sector median
+4.7% vs +3.4% peer median
Operating Margin
Above sector median
+41.7% vs +4.7% peer median
What Changed This Quarter
Latest report context and the signals most likely to have changed the story.
Latest report is on the board
2026 was reported on Apr 15, 2026, but the surprise data is still limited.
The operating story is still moving forward
Revenue is running at +4.7% and EPS at +11.5%, with operating margin around 41.7%.
Shareholder return is still part of the story
The stock is still offering a dividend yield around 1.9%, which matters if the thesis depends on income as much as growth.
Earnings Reaction Memory
How the stock has tended to move after recent reports.
Across the last 3 reported quarters, the stock averaged +1.7% over the next 5 trading days and finished higher after 2 of those reports.
View quarter-by-quarter reaction table
| Quarter | EPS ฮ | 1D | 5D | 20D |
|---|---|---|---|---|
2026 Apr 15, 2026 | โ | -0.0% | +2.1% | +9.1% |
2026 Feb 2, 2026 | โ | +0.9% | +2.9% | +2.6% |
2025 Oct 16, 2025 | โ | +1.8% | +0.0% | +2.5% |
Benchmark Edge
FMCB vs SPY, QQQ, and Sector ETFs
Normalized return, excess return, max drawdown, and calendar-year wins against the benchmarks investors actually use.
FMCB
โ
Normalized return
SPY
--
S&P 500
Excess Return
--
Relative to SPY
FMCB Max Drawdown
-7.58%
Trailing 1Y
SPY Max Drawdown
โ
Trailing 1Y
Calendar-Year Returns
Uses the longest available daily history for FMCB and SPY.
Company Overview
Farmers & Merchants Bancorp
Other OTC
Farmers & Merchants Bancorp operates as the bank holding company for Farmers & Merchants Bank of Central California that provides various banking services to businesses and individuals. The company accepts various deposit instruments, including checking, savings, money market, time certificates of deposit, and individual retirement accounts. It also offers range of lending products comprising commercial, commercial and residential real estate, real estate construction, agribusiness, and consumer loans, as well as equipment leases and credit card services; commercial products, including term loans, lines of credit and other working capital financing, and letters of credit; and financing products, such as automobile financing, home improvement, and home equity lines of credit. In addition, the company provides various specialized services consisting of credit card programs for merchants, lockbox and other collection services, account reconciliation, investment sweep, online account access, and electronic funds transfers through domestic and international wire and automated clearinghouse; and online banking services. Further, it offers investment products, such as mutual funds and annuities. The company serves its customers through 29 full-service branches and 3 stand-alone automated teller machines in the mid Central Valley of California, including Sacramento, San Joaquin, Solano, Stanislaus, and Merced counties, as well as the east region of the San Francisco Bay Area comprising Napa, Alameda, and Contra Costa counties. Farmers & Merchants Bancorp was founded in 1916 and is headquartered in Lodi, California.
- Leadership
- Kent A. Steinwert
- IPO Date
- Aug 20, 1999
- Employees
- 373
- Street Address
- 111 West Pine Street
- Mailing
- Lodi, CA, 95240
- Region
- Lodi, CA, US
- Reporting Currency
- USD
- Investor Line
- 209 367 2300
- Last Updated
- Apr 29, 2026
Key Fundamentals
Valuation, growth, profitability, and balance sheet signals.
Valuation
- P/E
- 9.3
- EV/EBITDA
- 6.6
- Price/Sales
- 3.0
- Price/Book
- 1.4
Growth
- Revenue
- +4.7%
- EPS
- +11.5%
- Free Cash Flow
- -4.7%
Profitability
- Gross Margin
- 79.0%
- Operating Margin
- 41.7%
- Net Margin
- 30.7%
- ROE
- 15.1%
- ROIC
- -2.5%
Balance Sheet
- Debt/Equity
- 0.02
- Current Ratio
- 0.21
Earnings Reports
Latest News
Official Releases
Company announcements and filings-style updates.
Next Step
Keep the research moving
After the overview, the strongest next step is usually chart context or a tighter compare set.