Farmers and Merchants Bancshares, Inc.
General ticker "FMFG" information:
- Sector: Financials
- Industry: Banks
- Capitalization: $51.5M (TTM average)
Farmers and Merchants Bancshares, Inc. follows the US Stock Market performance with the rate: 6.8%.
Estimated limits based on current volatility of 0.4%: low 16.81$, high 16.95$
Factors to consider:
- Company pays dividends (semi-annually): last record date 2025-07-11, amount 0.34$ (Y4.05%)
- Total employees count: 100 (+6.4%) as of 2024
- Top business risk factors: Economic downturns and volatility, Regulatory and compliance, Acquisition/divestiture risks, Funding access, Technological obsolescence
- Earnings for 6 months up through Q2 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2024-12-31 to 2026-12-31
- 2024-12-31 to 2025-12-31 estimated range: [14.17$, 20.28$]
- 2025-12-31 to 2026-12-31 estimated range: [15.29$, 21.87$]
Financial Metrics affecting the FMFG estimates:
- Positive: with PPE of 13.0 at the end of fiscal year the price was neutral
- Positive: 7.86 < Operating profit margin, % of 13.96
- Negative: Shareholder equity ratio, % of 6.66 <= 18.93
- Positive: Industry operating cash flow per share per price (median), % of 10.66 > 10.33
- Positive: Industry earnings per price (median), % of 6.49 > 4.43
- Negative: Interest expense per share per price, % of 31.58 > 3.41
- Negative: Investing cash flow per share per price, % of -40.92 <= -14.38
- Negative: -0.75 < Inventory ratio change, % of 0
- Positive: Industry inventory ratio change (median), % of 0 <= 0
Short-term FMFG quotes
Long-term FMFG plot with estimates
Financial data
| YTD | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating Revenue | $28.09MM | $32.41MM | $39.47MM |
| Operating Expenses | $17.51MM | $23.97MM | $33.96MM |
| Operating Income | $10.58MM | $8.44MM | $5.51MM |
| Interest Expense | $2.15MM | $9.91MM | $17.53MM |
| Income(Loss) | $10.58MM | $8.44MM | $5.51MM |
| Taxes | $2.49MM | $2.02MM | $1.23MM |
| Profit(Loss)* | $8.09MM | $6.42MM | $4.28MM |
| Stockholders Equity | $47.77MM | $52.18MM | $56.27MM |
| Assets | $718.21MM | $799.94MM | $844.64MM |
| Operating Cash Flow | $7.16MM | $5.90MM | $2.29MM |
| Capital expenditure | $0.41MM | $0.86MM | $1.34MM |
| Investing Cash Flow | $-35.36MM | $-42.36MM | $-22.71MM |
| Financing Cash Flow | $9.00MM | $73.88MM | $40.39MM |
| Earnings Per Share** | $2.66 | $2.08 | $1.37 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.