Farmers & Merchants Bancorp (FMCB) Reports Record Second Quarter 2025 Earnings
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 17 2025
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Source: Globenewswire
Financial Performance: Farmers & Merchants Bancorp reported a record net income of $23.1 million for Q2 2025, reflecting a 5.9% increase from the previous year, with diluted earnings per share rising by 12.1%. The company maintained strong liquidity and capital ratios while achieving a return on average assets of 1.65% and a return on average equity of 15.09%.
Dividend and Recognition: The company declared a mid-year cash dividend of $9.30 per share, marking a 5.7% increase from 2024, and has been recognized as a "Dividend King" for its consistent dividend growth over 60 years. Additionally, it was ranked the #3 best performing bank in the nation by Bank Director Magazine for 2024.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.




