Farmers & Merchants Bancorp Q1 FY26 net income rises 4.62% to $24.1 million
Farmers & Merchants Bancorp, Inc. FMAO | 0.00 | |
FARMERS & MERCHANTS BANCORP CA FMCB | 0.00 |
- Farmers & Merchants Bancorp posted net income of $24.07 million for three months ended March 31, 2026, up 4.62%.
- Net interest income rose 7.08% to $56.9 million, while net interest margin widened 5 basis points to 4.25%.
- Non-interest expense climbed 14.38% to $29.18 million, driven primarily by higher salaries and employee benefits.
- Total assets increased 2.58% to $5.84 billion, while total deposits grew 2.78% to $5.12 billion.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Farmers & Merchants Bancorp published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001140361-26-020057), on May 08, 2026, and is solely responsible for the information contained therein.
