Farmers & Merchants Bancorp Inc

Farmers & Merchants Bancorp declared a quarterly dividend of $0.24 per share, a 4.3% increase from its prior dividend of $0.23. The board also declared an additional $0.01 per share special dividend, bringing the total third-quarter payment to $0.25 per share. The dividend is payable Oct. 20 for shareholders of record Oct. 9, with an ex-div date of Oct. 9. The forward yield is 2.77%.

Farmers & Merchants Bancorp, Inc. has approved a quarterly cash dividend of $0.24 per share, marking its 32nd consecutive annual dividend increase, along with a one-time special cash dividend of $0.01 per share tied to America's 250th anniversary. The special payout brings the total third-quarter dividend to $0.25 per share, payable on October 20, 2026, to shareholders of record as of October 9, 2026. The $0.24 regular dividend represents a $0.01 per share, or 4.3%, increase over the prior quarterly payment and a $0.04 per share increase in the annual dividend. President and Chief Executive Officer Lars B. Eller said the company's annualized dividend has grown by approximately 109% over the past 10 years, and that F&M has paid a quarterly dividend for over 50 years. The holding company of F&M Bank reported total assets of $3.50 billion at June 30, 2026.

Farmers & Merchants Bancorp, parent of Farmers & Merchants Bank of Central California, has raised its quarterly cash dividend to $5.60 per share, a 4.7% increase from the prior $5.35, payable on October 1, 2026 to shareholders of record on September 11, 2026. The increase reflects the board's confidence in the bank's earnings power, supported by higher net interest income and net income in the first half of 2026. The move tilts the risk-reward slightly toward income-focused holders, though rising payouts could limit flexibility if credit costs increase. The stock has risen strongly over the past year, and the bank continues to combine a low-teens price-to-earnings ratio with high profit margins and ongoing buybacks.

Farmers & Merchants Bancorp, Inc. reported a record quarterly net income of $11.8 million for the second quarter of 2026, a 53 percent increase from the same period last year. Earnings per basic and diluted share reached $0.86, compared to $0.56 a year earlier, while the return on average assets improved to 1.34 percent. Net interest margin expanded by 26 basis points to 3.48 percent, and the cost of interest-bearing liabilities declined to 2.56 percent from 2.83 percent. Total deposits grew 5.9 percent year-over-year to $2.87 billion, and net loans increased 3 percent to $2.70 billion, with nonperforming loans at 0.27 percent of total loans. The company declared a second-quarter dividend of $0.23 per share, contributing to a 4 percent increase in the annualized dividend to $0.92 per share.