OTC Markets OTCPK - Delayed Quote ? USD Farmers and Merchants Bancshares, Inc. (FMFG) Follow Compare 15.00 -0.80 (-5.06%) As of October 17 at 1:35 PM EDT. Market Open. All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Farmers and Merchants Bancshares, Inc. Announces Adoption of Limited Duration Stockholder Rights Plan Board Acts to Protect the Interests of the Company and its Stockholders Following an Investor Group’s Filing of an “Interagency Notice of Change in Bank Control” with Regulators Stockholders Do Not Need to Take Any Action HAMPSTEAD, Md., July 30, 2024 (GLOBE NEWSWIRE) -- Farmers and Merchants Bancshares, Inc. (the “Company”), the parent of Farmers and Merchants Bank, announced today that its Board of Directors (the “Board”) voted unanimously to adopt a limited duration stockholder rights plan (t GlobeNewswire ? 2 months ago FMFG -5.06% Farmers and Merchants Bancshares, Inc. Reports Earnings of $2,298,496 or $0.74 per Share for the Six Months Ended June 30, 2024 HAMPSTEAD, Md., July 22, 2024 (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 six months ended June 30, 2024 was $2,298,496 , or $0.74 per common share (basic and diluted), compared to $3,570,968, or $1.16 per common share (basic and diluted), for the same period in 2023. Higher interest expense as a result of the Federa GlobeNewswire ? 2 months ago FMFG -5.06% FARMERS AND MERCHANTS BANCSHARES, INC. DECLARES CASH DIVIDEND OF $.33 PER SHARE HAMPSTEAD, Md., May 21, 2024 (GLOBE NEWSWIRE) -- On May 20, 2024, the Board of Directors of Farmers and Merchants Bancshares, Inc., the parent of Farmers and Merchants Bank, declared a cash dividend on the common stock of $.33 per share, which will be paid on June 21, 2024 to stockholders of record on June 3, 2024. The dividend represents a 4.1% annual yield on the current market value of $16.25 per share. Please visit the investor relations section of our website, www.fmb1919.bank. It includes GlobeNewswire ? 4 months ago FMFG -5.06% Farmers and Merchants Bancshares, Inc. Reports Earnings of $1,219,987 or $0.39 per Share for the Three Months Ended March 31, 2024 HAMPSTEAD, Md., April 23, 2024 (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 three months ended March 31, 2024 was $1,219,987, or $0.39 per common share (basic and diluted), compared to $1,900,851, or $0.62 per common share (basic and diluted), for the same period in 2023. Higher interest expense as a result of the Fed GlobeNewswire ? 5 months ago FMFG -5.06% Farmers and Merchants Bancshares, Inc. Reports Earnings of $6,418,337 or $2.08 Per Share for the Year Ended December 31, 2023 HAMPSTEAD, Md., Jan. 31, 2024 (GLOBE NEWSWIRE) -- Farmers and Merchants Bancshares, Inc. (the “Company”), the parent of Farmers and Merchants Bank (the “Bank”), announced that net income for the year ended December 31, 2023 was $6,418,337, or $2.08 per common share (basic and diluted), compared to $8,090,127, or $2.66 per common share (basic and diluted), for the same period in 2022. The Company’s return on average equity during the year ended December 31, 2023 was 13.08% compared to 16.03% for GlobeNewswire ? 8 months ago FMFG -5.06% Farmers and Merchants Bancshares, Inc. Reports Earnings of $5,003,107 or $1.63 Per Share for the Nine Months Ended September 30, 2023 HAMPSTEAD, Md., Oct. 24, 2023 (GLOBE NEWSWIRE) -- Farmers and Merchants Bancshares, Inc. (the “Company”), the parent of Farmers and Merchants Bank (the “Bank”), announced that net income for the nine months ended September 30, 2023 was $5,003,107, or $1.63 per common share (basic and diluted), compared to $6,075,845, or $2.00 per common share (basic and diluted), for the same period in 2022. The Company’s return on average equity during the nine months ended September 30, 2023 was 13.45% compare GlobeNewswire ? 11 months ago FMFG -5.06% Performance Overview Trailing total returns as of 10/18/2024, which may include dividends or other distributions. Benchmark is S&P 500 Return FMFG S&P 500 YTD -12.48% +23.05% 1-Year -14.94% +34.21% 3-Year -28.81% +31.26%
