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LODI, Calif., Sept. 11, 2023 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp (OTCQX:FMCB), the parent company of Farmers & Merchants Ban...
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First Quarter 2024 Highlights Net income of $22.7 million, or $30.56 per share; Achieved return on average assets of 1.71% and return on average equity of 16.33%; Strong liquidity position with $738.4 million in cash, $239.9 million in available-for-sale investment s...
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Full Year 2023 Highlights Record net income of $88.3 million, or $116.61 per share, up $13.2 million, or $20.06 per share from the prior year; resulting in increases of 17.61% and 20.78%, respectively; Improved net interest margin to 4.30% from 3.81% in 2022; cost of average total dep...