Farmers & Merchants Bancorp reports Q3 EPS 64c, consensus 59c

Net interest margin increased 69 basis points year-over-year to 3.40%. Reports tangible book value per share $19.71. Lars B. Eller, CEO, stated, “The continued progress we are making to leverage recent investments, drive growth, and expand profitability is encouraging. Strong financial performance and sustained operating momentum during the 2025 third quarter produced one of the most profitable quarters in our 128-year history. Our results reflect the strength of F&M’s diversified business model and our longstanding commitment to create lasting value for our communities, customers, employees and shareholders. I am also proud of our recent dividend increase, marking the 31st consecutive annual increase in F&M’s dividend.”