Financial Services
Farmers and Merchants Bancshares, Inc.(FMFG)
Live Price
Offline$17.88
+2.17% today
1Y Change
+6.75%
Window
Jun 25, 2025 โ Jun 18, 2026
- Market Cap
- $60.00M
- Revenue Growth
- +11.9%
- EPS Growth
- +32.1%
- Dividend Yield
- 3.9%
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 and Merchants Bancshares, Inc. (FMFG) is a Financial Services stock with a market cap of $60.00M and listed on OTC. The stock last traded around $17.88 and up 6.7% across the available one-year price window (Jun 25, 2025 โ Jun 18, 2026). Baseline metrics include revenue growth of +11.9%, EPS growth of +32.1%, a dividend yield of 3.9%. What stands out right now is revenue +11.9%, EPS +32.1%, free cash flow +554.5% with operating margin 18.4% and ROIC 3.6%. The dividend matters to the case here, with a current yield around 3.9%. Valuation is more restrained than many high-expectation growth names at P/E 8.5 and price/sales 1.2. Overall, the current profile looks closer to a income-oriented value setup than a generic broad-market placeholder. Stock Foundry combines FMFG 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
Above sector median
+11.9% vs +3.4% peer median
Operating Margin
Above sector median
+18.4% 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 Mar 26, 2026, but the surprise data is still limited.
The operating story is still moving forward
Revenue is running at +11.9% and EPS at +32.1%, with operating margin around 18.4%.
Shareholder return is still part of the story
The stock is still offering a dividend yield around 3.9%, 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 +0.4% 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 Mar 26, 2026 | โ | +1.1% | +1.0% | +5.6% |
2025 Nov 14, 2025 | โ | +0.0% | +3.5% | +2.7% |
2025 Aug 14, 2025 | โ | +0.0% | -3.3% | +0.4% |
Benchmark Edge
FMFG vs SPY, QQQ, and Sector ETFs
Normalized return, excess return, max drawdown, and calendar-year wins against the benchmarks investors actually use.
FMFG
โ
Normalized return
SPY
--
S&P 500
Excess Return
--
Relative to SPY
FMFG Max Drawdown
-19.14%
Trailing 1Y
SPY Max Drawdown
โ
Trailing 1Y
Calendar-Year Returns
Uses the longest available daily history for FMFG and SPY.
Company Overview
Farmers and Merchants Bancshares, Inc.
Other OTC
Farmers and Merchants Bancshares, Inc., through its subsidiary Farmers and Merchants Bank, provides commercial and retail banking services to individuals and businesses in Baltimore and Carroll counties in Maryland, and surrounding areas of northern Maryland. It offers checking, savings, money market, individual retirement, and sweep accounts, as well as certificates of deposit, remote check deposits, and repurchase agreements. The company also provides credit for residential mortgages, including federal housing administration and veterans affairs loans; construction loans; home equity lines; personal installment loans; and other consumer financing, as well as finances commerce and industry by providing credit and deposit services for small to medium size businesses and the agricultural community. In addition, it offers commercial lending, which includes commercial mortgages, land acquisition and development loans, lines of credit, accounts receivable financing, and term loans for fixed asset purchases, as well as loans guaranteed by the Small Business Administration and the United States Department of Agriculture. Further, the company provides automated teller machine, internet, mobile banking, and automated telephone services, as well as debit and credit cards. It serves customers through its office located in Upperco, Maryland; six branches located in Hampstead, Greenmount, Reisterstown, Owings Mills, Eldersburg, and Westminster, Maryland; and a satellite branch located in Westminster, Maryland. Farmers and Merchants Bancshares, Inc. was founded in 1919 and is headquartered in Hampstead, Maryland.
- Leadership
- Gary A. Harris
- IPO Date
- May 12, 2004
- Employees
- 94
- Street Address
- 4510 Lower Beckleysville Road
- Mailing
- Hampstead, MD, 21074
- Region
- Hampstead, MD, US
- Reporting Currency
- USD
- Investor Line
- 410 374 1510
- Last Updated
- Apr 29, 2026
Key Fundamentals
Valuation, growth, profitability, and balance sheet signals.
Valuation
- P/E
- 8.5
- EV/EBITDA
- 9.7
- Price/Sales
- 1.2
- Price/Book
- 0.8
Growth
- Revenue
- +11.9%
- EPS
- +32.1%
- Free Cash Flow
- +554.5%
Profitability
- Gross Margin
- 59.0%
- Operating Margin
- 18.4%
- Net Margin
- 14.1%
- ROE
- 10.1%
- ROIC
- 3.6%
Balance Sheet
- Debt/Equity
- 1.18
- Current Ratio
- 47.24
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.