Quarterly UpdatesJul 23, 2026, 02:52 PM
F&M Bancorp Mid-Year Update: Assets $5.8B, ROA 1.70%, ROE 14.75%
AI Summary
FARMERS & MERCHANTS BANCORP released an investor presentation providing a mid-year update on its financial position, business, and operations as of June 30, 2026. The company reported strong financial metrics including $5.8 billion in assets, a 1.70% ROA, and a 14.75% ROE. The presentation highlighted robust credit quality, significant expertise in Ag lending, and plans for future branch expansion in California.
Key Highlights
- Assets reached $5.8 billion as of June 30, 2026.
- Return on Average Assets (ROA) was 1.70% and Return on Average Equity (ROE) was 14.75%.
- Net Interest Margin (NIM) stood at 4.22% and Total Common Equity (TCE) was 11.45%.
- Ag related lending totaled $948.3 million, representing 25.6% of the loan portfolio.
- Non-performing loans were $2.7 million, or 0.07% of total loans and leases.
- The company has a history of 91 consecutive years of dividends with 61 years of continuous increases.
- New branch locations are planned for Walnut Creek (Q4-2026), Livingston (Q1-2027), Lockeford (Q1-2027), Lafayette (Q3-2027), and Elk Grove (2028).
Price Impact
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