FMFG · Farmers & Merchants Bancshares, Inc.
Market Cap
$60.69M
Shares
3.26M
Price & Indicators
20d MA
50d MA
200d MA
Earnings
Filing
Insider
Congress
Investor day
Close$18.60
Open$18.60
Day$18.60–18.60
52W close$15.75–21.00
Avg vol 30d2K
Short int100 · 0.0% float · 1.3d
Short vol7%
DataJan 2020–Aug 2026
Filing10-Q · Aug 11
Up next
FQ3-26 quarter ends
~Sep 30, 2026
Est
filed Aug 11, 2026
Equibles Rating
blended score · not investment adviceOverall
Buy
SellHoldBuy
Technical
Buy
Momentum
Very Strong
Sentiment
Neutral
Fundamentals
Excellent
Quant / Vol
Moderate
Market backdrop
VIX 14.4 · calm
Equity put/call 0.62
Technical
price trend
50 / 200-day cross
No cross
Price vs 200-day avg
+10%
above
Price vs 50-day avg
+3%
above
RSI (14)
52
neutral
MACD trend
Negative
52-week position
54%
mid-range
Momentum
relative strength
1-month return
+3%
trailing
6-month return
+13%
trailing
YTD return
+8%
this year
Relative strength
−1%
vs S&P · 6-mo
Sentiment
smart money
Trend (MA cross)
No cross
50d $18 › 200d $17 — 50d above 200d
Institutional flow
Flat
0% holders QoQ
Insider flow
Flat
No net insider activity over 90 days
Short interest
Rising
0.00% of float · ▲ +1011.1% MoM · 1.3 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Steady
1 holders — 13F breadth
Squeeze score
31
low risk · 0–100
Fundamentals
EPS growth
+32%
Y/Y
Valuation
P/E 8.5
below peers
Quant / Vol
risk profile
Volatility
56%
annualized · 1-yr
Max drawdown
−28%
past year
ATR
1.8%
of price · 14-day
Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Technicals
trend & momentum for long-term holders Buy
50 / 200-day cross
No cross
Neutral
Price vs 200-day avg
+10%
Bullish
Price vs 50-day avg
+3%
Bullish
RSI (14)
52
Neutral
MACD trend
Negative
Bearish
52-week position
54%
Neutral
Market signals — smart money & positioning
Bearish · 1 of 6
Trend (MA cross)
No cross
50d $18 › 200d $17 — 50d above 200d
Institutional flow
Flat
0% holders QoQ
Insider flow
Flat
No net insider activity over 90 days
Short interest
Rising
0.00% of float · ▲ +1011.1% MoM · 1.3 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Steady
1 holders — 13F breadth
Price context
position in its 52-week range
Range low $16
Now $19 · 54%
Range high $21
vs 200-day avg +10%
vs 50-day avg +3%
Illustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Allowance for credit losses/total loans | 0.7% | Six Months Ended June 30, 2026 | — |
| Dividend payout ratio | 31.3% | Six Months Ended June 30, 2026 | — |
| Efficiency ratio | 65.75% | Six Months Ended June 30, 2026 | — |
| Return on average assets (annualized) | 0.87% | Six Months Ended June 30, 2026 | — |
| Return on average equity (annualized) | 11.23% | Six Months Ended June 30, 2026 | — |
| Tier 1 capital leverage ratio | 9.98% | Six Months Ended June 30, 2026 | — |
| Average earning assets | 835M | three months ended March 31, 2026 | — |
| Average interest bearing liabilities | 659.9M | three months ended March 31, 2026 | — |
| Average interest rate paid on interest bearing liabilities | 2.65% | three months ended March 31, 2026 | — |
| Average loans | 637.9M | three months ended March 31, 2026 | — |
| Return on average assets | 0.84% | the quarter ended March 31, 2026 | — |
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| Return on average equity | 11.03% | the quarter ended March 31, 2026 | — |
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| Yield on earning assets | 5.37% | three months ended March 31, 2026 | — |
| Average interest earning assets | 815.7M | Year Ended December 31, 2025 | — |
| Book value per share | $20.02 | As of December 31, 2025 | — |
| Cost of interest bearing liabilities | 2.7% | Year Ended December 31, 2025 | — |
| Loans, net of the allowance for credit losses | 633.1M | As of December 31, 2025 | — |
| Net yield on interest-earning assets | 3.01% | Year Ended December 31, 2025 | — |
| Nonperforming assets | $1.67M | Year Ended December 31, 2025 | — |
| Nonperforming assets/total assets | 0.19% | Year Ended December 31, 2025 | — |
| Provision for credit losses | 698K | Year Ended December 31, 2025 | — |
| Tangible equity | 57.6M | As of December 31, 2025 | — |
| Yield on loans | 5.84% | Year Ended December 31, 2025 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Banks - Regional — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
FMFG
this stock
Farmers & Merchants Bancshares, Inc.
|
$60.69M | +8.0% | — | 8.5 | 0.0% |
|
MFG
Mizuho Financial Group Inc
|
$129.26B | +45.4% | — | — | 0.1% |
|
HDB
Hdfc Bank Ltd
|
$118.56B | -36.8% | +15.2% | — | 0.5% |
|
IBN
Icici Bank Ltd
|
$107.22B | +0.3% | — | — | 0.7% |
|
CIXPF
CaixaBank/ADR
|
$106.80B | +26.1% | — | — | 0.1% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionOwnership
Institutional Holders
Holders
1
- % held
- 2.1%
- Net QoQ
- 0 sh
- Top holder
- Siena Capital Partners GP…
Held
Float
Short & Settlement
Financials
Filings
Earnings & Events
Performance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| FMFG | -2.7% | +3.3% | +12.6% | -4.7% | +8.0% |
| SPY | +0.5% | +3.0% | +13.4% | +3.0% | +12.8% |
| vs SPY | -3.2% | +0.3% | -0.8% | -7.7% | -4.8% |
Capital returns
Latest dividend
$0.36
/ share · ex Jun 2, 2026
Paid (TTM)
$0.70
/ share · 2 payouts
Dividend yield (TTM, derived)
— · history filling in
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.