Farmers & Merchants Bancorp Q3 net income rises 30.3% to $11.5 million
Farmers & Merchants Bancorp reported third-quarter 2026 net income of $11.5 million, or $0.84 per share, up from $8.9 million, or $0.64 per share, a year earlier. For the nine months, net income rose to $32.9 million, or $2.39 per share, from $23.5 million, or $1.71 per share, and the company said its net interest margin widened to 3.57% in the quarter, which supports the earnings gains shareholders are seeing.
Key points
- Q3 2026 net income up 30.3% to $11.5 million; diluted EPS $0.84 versus $0.64 a year earlier
- Nine-month net income $32.9 million versus $23.5 million; EPS $2.39 versus $1.71
- Net interest margin rose 17 basis points to 3.57%; efficiency ratio improved to 58.09% from 63.11%
- Total deposits of $2.96 billion at September 30, 2026, up 7.7%; nine-month dividends declared of $0.71 per share, up 6.0%
The filing
Written by AI on Nov 9, 2026, 8:51 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 22, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.