Farmers & Merchants Bancorp reports Q1 2026 earnings growth

Farmers & Merchants Bancorp posted solid first-quarter results for 2026, with earnings per share rising 7.6 percent.

The small-cap bank holding company highlighted a 15 percent increase in tangible book value alongside strong capital ratios that exceeded those of many peers. Management emphasized a conservative approach to lending and maintained a loan-to-deposit ratio of 71 percent, which helped support a healthy net interest margin.

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