What one share of Farmers and Merchants Bancshares holds
Farmers and Merchants Bancshares, Inc. is a Maryland corporation chartered on August 8, 2016 that is registered with the Board of Governors of the Federal Reserve System (the “Federal Reserve”) as a bank holding company under the Bank Holding Company Act of 1956, as amended (the “BHC Act”).
Farmers and Merchants Bancshares’s numbers from its SEC filings, divided by its shares. Results cover the last 12 months to 2026-06-30; the balance sheet is as of 2026-06-30.
| Sales | $8.83 |
|---|---|
| Profit | $2.21 |
| Capex (buildings and equipment) | $0.09 |
| Free cash flow | $2.30 |
| Dividends | $0.63 |
| Debt | $3.70 |
| Book value | $20.72 |
Per share by fiscal year
| Year | Sales | Profit | Capex | Free cash | Dividends | Book value |
|---|---|---|---|---|---|---|
| 2016 | $9.36 | $2.37 | $0.11 | $1.37 | $0.70 | $23.55 |
| 2017 | $9.78 | $2.28 | $0.07 | $4.57 | $0.76 | $25.06 |
| 2018 | $5.68 | $1.61 | $0.07 | $1.77 | $0.47 | $26.97 |
| 2019 | $5.59 | $1.54 | $0.09 | $1.85 | $0.51 | $16.63 |
| 2020 | $6.49 | $0.90 | $0.13 | $1.36 | $0.52 | $17.18 |
| 2021 | $8.30 | $2.70 | $0.10 | $3.78 | $0.57 | $18.64 |
| 2022 | $8.67 | $2.66 | $0.13 | $2.21 | $0.63 | $15.56 |
| 2023 | $7.46 | $2.08 | $0.28 | $1.63 | $0.66 | $16.74 |
| 2024 | $7.21 | $1.37 | $0.43 | $0.31 | $0.67 | $17.77 |
| 2025 | $8.27 | $1.81 | $0.12 | $1.78 | — | $20.02 |
Common questions about Farmers and Merchants Bancshares
How much does one share of Farmers and Merchants Bancshares earn?
Over the last 12 months, each share of Farmers and Merchants Bancshares earned $2.21 of profit on $8.83 of sales, keeping about 25¢ of every $1 (profit margin).
Does Farmers and Merchants Bancshares pay a dividend?
Yes. Farmers and Merchants Bancshares paid $0.63 per share in dividends over the last 12 months. That’s about 29¢ of each $1 of profit (payout ratio).
What is Farmers and Merchants Bancshares’s book value per share?
Farmers and Merchants Bancshares’s book value is $20.72 per share: what would be left for each share if it sold everything at the values on its books and paid every debt, as of June 30, 2026.
How much cash and debt does each share of Farmers and Merchants Bancshares have?
Each share of Farmers and Merchants Bancshares has $3.70 of debt, as of June 30, 2026.
What is Farmers and Merchants Bancshares’s free cash flow per share?
$2.30 per share over the last 12 months. Free cash flow is the cash left over after spending on buildings and equipment.
How has Farmers and Merchants Bancshares’s profit per share changed over time?
Profit per share went from $2.37 in 2016 to $1.81 in 2025, shrinking about 2.9% a year (adjusted for stock splits).
Has Farmers and Merchants Bancshares bought back shares?
Farmers and Merchants Bancshares’s share count rose about 93% from 2016 to 2025. That dilution means each share owns a smaller slice of the company.
From its SEC filings. For education only, not investment advice. New to these words? See the StockSlicer glossary.