Farmers & Merchants Bancorp (FMCB)
Operating cash flow minus capital spending left $96.6M of free cash flow in fiscal 2025. At June 30, 2026 it held $278.6M in cash. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on August 7, 2026.
Watch FMCB in 60 secondsWhat Farmers & Merchants Bancorp does
Farmers & Merchants Bancorp is registered with the SEC under industry code SIC 6021 (National Commercial Banks). Its shares trade on OTC under the ticker FMCB.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | n/a | $93.6M | $133.96 | $96.6M |
| 2024 | n/a | $88.5M | $121.02 | $101.3M |
| 2023 | n/a | $88.3M | $116.61 | $88.4M |
| 2022 | n/a | $75.1M | $96.55 | $97.6M |
| 2021 | n/a | $66.3M | $84.01 | $57.9M |
| 2020 | n/a | $58.7M | $74.03 | $50.4M |
Full financial statements: income, balance sheet and cash flow
Dividends
Farmers & Merchants Bancorp declared $19.35 per share in fiscal 2025. At the current price that is a yield of 1.33%. It paid out $13.8M in cash dividends, 15% of its net income.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | $19.35 | $13.8M | 15% |
| 2024 | $18.10 | $13M | 15% |
| 2023 | $17.10 | $12.9M | 15% |
| 2022 | $16.15 | $12.5M | 17% |
| 2021 | $15.30 | $12.1M | 18% |
| 2020 | $14.75 | $11.7M | 20% |
Latest SEC filings
What Farmers & Merchants Bancorp has filed recently, newest first. Each links to the original document on SEC EDGAR.
- August 13, 2026Other event 8-K
- August 7, 2026
- July 23, 2026
- July 20, 2026
- June 11, 2026
- May 13, 2026
- May 12, 2026Other event 8-K
- May 8, 2026
- April 23, 2026
- April 20, 2026
Insider trades
What the people running Farmers & Merchants Bancorp did with its shares, from the Form 4 filings they must send the SEC within two business days.
No insider bought or sold shares on the open market in the last 90 days. The 17 reported changes were pay in shares, option exercises, shares withheld for tax or gifts.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| August 3, 2026 | Olson Bart RExecutive Vice President | Received as pay | 804 | $1.1M |
| August 3, 2026 | Olson Bart RExecutive Vice President | Received as pay | 925 | $1.2M |
| August 3, 2026 | Misasi J. RyanExecutive Vice President | Received as pay | 804 | $1.1M |
| August 3, 2026 | Misasi J. RyanExecutive Vice President | Received as pay | 925 | $1.2M |
| August 3, 2026 | Harper TroyExecutive Vice President | Received as pay | 275 | $370.2K |
| August 3, 2026 | Bennett Thomas AExecutive Vice President | Received as pay | 212 | $285.4K |
| August 3, 2026 | Zitterow DavidExecutive Vice President | Received as pay | 465 | $626K |
| August 3, 2026 | Long Gary J.Director | Received as pay | 60 | $80.8K |
| August 3, 2026 | Long Gary J.Director | Received as pay | 250 | $336.6K |
| August 3, 2026 | Skinner Deborah EDirector | Received as pay | 60 | $80.8K |
| August 3, 2026 | Skinner Deborah EDirector | Received as pay | 250 | $336.6K |
| August 3, 2026 | Steinwert Kent APresident/CEO, Director | Received as pay | 3,173 | $4.3M |
| August 3, 2026 | Steinwert Kent APresident/CEO, Director | Received as pay | 3,800 | $5.1M |
| August 3, 2026 | Sanguinetti KevinDirector | Received as pay | 60 | $80.8K |
| August 3, 2026 | Sanguinetti KevinDirector | Received as pay | 250 | $336.6K |
Who owns FMCB
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
Largest institutional holders
Insiders
10 insiders reported holding 25,322 shares in total, about $36.7M at the last price.
| Holder | Shares |
|---|---|
| Steinwert Kent APresident/CEO, Director | 10,306 |
| Zitterow DavidExecutive Vice President | 2,651 |
| Olson Bart RExecutive Vice President | 2,551 |
| Misasi J. RyanExecutive Vice President | 2,541 |
| Skinner Deborah EDirector | 2,252 |
| Sanguinetti KevinDirector | 1,398 |
| Weubbe John WExecutive Vice President | 1,360 |
| Long Gary J.Director | 1,153 |
| Harper TroyExecutive Vice President | 657 |
| Bennett Thomas AExecutive Vice President | 453 |
Questions about FMCB
What does Farmers & Merchants Bancorp do?
Farmers & Merchants Bancorp is registered with the SEC under industry code SIC 6021 (National Commercial Banks). Its shares trade on OTC under the ticker FMCB.
Is Farmers & Merchants Bancorp profitable?
Yes. Over the twelve months to June 30, 2026 it reported net income of $96.3M.
When did Farmers & Merchants Bancorp last report?
Its most recent periodic report is the quarterly report (10-Q) filed on August 7, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the insider trade (amended) from August 25, 2026.
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Follow FMCB: get an email when it filesWhere the numbers come from
Financial figures are the values Farmers & Merchants Bancorp tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.