Business
Farmers and Merchants Bancshares, Inc. Reports Earnings of $5.8 Million or $1.81 per Share for the Year Ended December 31, 2025
HAMPSTEAD, Md., Jan. 29, 2026 (GLOBE NEWSWIRE) -- Farmers and Merchants Bancshares, Inc. (the “Company”), the parent company of Farmers and Merchants Bank (the “Bank” and, together with the Company, “we”, “us” and “our”), announced that net income for the year ended December 31, 2025 was $5.8 million, or $1.81 per common share (basic and diluted) compared to $4.3 million, or $1.37 per common share (basic and diluted), for the same period in 2024. The Company’s return on average equity during the
About this update from Farmers And Merchants Bancshares, Inc.
[{"type":"text","content":"HAMPSTEAD, Md., Jan. 29, 2026 (GLOBE NEWSWIRE) -- Farmers and Merchants Bancshares, Inc. (the “Company”), the parent company of Farmers and Merchants Bank (the “Bank” and, together with the Company, “we”, “us” and “our”), announced that net income for the year ended December 31, 2025 was $5.8 million, or $1.81 per common share (basic and diluted) compared to $4.3 million, or $1.37 per common share (basic and diluted), for the same period in 2024. The Company’s return on average equity during the year ended December 31, 2025 was 9.57% compared to 7.83% for the same period in 2024. The Company’s return on average assets during the years ended December 31, 2025 and 2024 was 0.68% and 0.53%, respectively.","length":710,"tagName":"p"},{"type":"text","content":"Net income for the three months ended December 31, 2025 was $1.7 million, or $0.53 per common share (basic and diluted), compared to $0.9 million, or $0.27 per common share (basic and diluted), for the fourth quarter of 2024. The Company’s return on average equity during the three months ended December 31, 2025 was 10.48% compared to 5.96% for the same period in 2024. The Company’s return on average assets during the three months ended December 31, 2025 was 0.77% compared to 0.41% for the same period in 2024.","length":514,"tagName":"p"},{"type":"text","content":"Net interest income for the year ended December 31, 2025 was $3.6 million higher when compared to the same period in 2024 due to a widening net yield on interest-earning assets of 3.01% for the year ended December 31, 2025 compared to 2.68% for the same period in 2024. The yield on earning assets increased to 5.22% for the year ended December 31, 2025, compared to 4.92% for the same period in 2024. The cost of interest bearing liabilities decreased to 2.70% for the year ended December 31, 2025, down from 2.76% for the same period in 2024. Average interest earning assets were $815.7 million for the year ended December 31, 2025 compared to $784.6 million for the same period in 2024. Gross interest income increased by $4.0 million to $42.4 million for the year ended December 31, 2025, up from $38.4 million for the same period in 2024. Average interest bearing liabilities increased by $31.6 million to $666.2 million for the year ended December 31, 2025 from $634.7 million for the same period in 2024. Total interest expense...