FARMERS & MERCHANTS BANCORP
FMCBOther · Accelerated filer · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — |
| Operating income | — | — | — | — | — | — |
| Net income | $93.6M | $88.5M | $88.3M | $75.1M | $66.3M | $58.7M |
| Total assets | $5.69B | $5.37B | $5.31B | $5.33B | $5.18B | $4.55B |
| Total liabilities | $5.04B | $4.80B | $4.76B | $4.84B | $4.71B | $4.13B |
| Equity | $645.5M | $573.1M | $549.8M | $485.3M | $463.1M | $423.7M |
| EPS (diluted) | $133.96 | $121.02 | $116.61 | $96.55 | $84.01 | $74.03 |
| Shares out. | 699,798 | 743,031 | 763,807 | 785,146 | 789,646 | 793,556 |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- —
- Net margin
- —
- Return on equity
- 14.5%
- Return on assets
- 1.6%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 88.7%
- Debt / equity
- 7.81×
- Book value / share
- $922.43
- Revenue growth (YoY)
- —
- Net income growth (YoY)
- 5.8%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Accruals / assets
- −0.2%clean
- Piotroski F-Score
- 5/6mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →
Signs
● 1 warning● 2 good- High leverage (liabilities > 70% of assets)
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Farmers & Merchants Bank Of Central CaliforniaPassive (13G)Feb 19, 2026
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| Jan 30, 2026 | 48 | 1.0 | -58.6% |
| Jan 15, 2026 | 116 | 1.0 | -3.3% |
| Dec 31, 2025 | 120 | 1.0 | +200.0% |
| Dec 15, 2025 | 40 | 1.0 | +3900.0% |
| Nov 28, 2025 | 1 | 1.0 | -90.9% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Shareholder voteMay 13, 2026
- Other material eventMay 12, 2026
- Regulation FD disclosureApr 23, 2026
- Results of operationsApr 20, 2026
- Other material eventFeb 12, 2026
- Regulation FD disclosureFeb 2, 2026
- Results of operationsFeb 2, 2026
- Other material eventNov 24, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- 8-KMay 13, 2026
- 8-KMay 12, 2026
- 10-QMay 8, 2026
- 8-KApr 23, 2026
- 8-KApr 20, 2026
- DEF 14AApr 1, 2026
- 4PRIMARY DOCUMENTMar 16, 2026
- 10-KMar 13, 2026
- SCHEDULE 13G/AFeb 19, 2026
- 4PRIMARY DOCUMENTFeb 17, 2026
- 8-KFeb 12, 2026
- 4PRIMARY DOCUMENTFeb 6, 2026
- 4PRIMARY DOCUMENTFeb 6, 2026
- 4PRIMARY DOCUMENTFeb 6, 2026
- 4PRIMARY DOCUMENTFeb 6, 2026
Event-driven situations (3)
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