Farmers & Merchants Bancorp GAAP EPS of $96.55, revenue of $199.8M

Jan. 30, 2023 12:33 AM ETFarmers & Merchants Bancorp (FMCB)By: Meghavi Singh, SA News Editor
  • Farmers & Merchants Bancorp press release (OTCQX:FMCB): FY GAAP EPS of $96.55.
  • Revenue of $199.8M (+9.8% Y/Y).
  • Achieved return on average assets of 1.41% and return on average equity of 16.04%.
  • Total assets grew $150M Y/Y to $5.3B.
  • Loans held for investment grew $346M, or 10.7%, Y/Y, excluding $71M in forgiven SBA PPP loans.
  • Total deposits increased $119M Y/Y to $4.8B.
  • Cash and liquid investment securities at year-end totaled $1.6B.

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