Stocktoria
Farmers & Merchants Bancshares, Inc. FMFG
OTC · OOTC · stock · Savings Institutions, Not Federally Chartered · website · IPO 2001-06-21
Farmers & Merchants Bancshares, Inc. statistics & valuation
P / E vs its own history
Farmers & Merchants Bancshares, Inc. trades at about 10.1× earnings — near its 10-year norm (10-year range 7.8×–11.7×, median 10.6×).
7.8×
11.7×
Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.
Key ratios (by fiscal year)
| Ratio | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on assets | 0.7% | 0.5% | 0.8% | 1.1% | 1.1% | 0.4% | 0.2% | 1.0% | 1.1% | 0.9% |
| Return on equity | 8.9% | 7.6% | 12.3% | 16.9% | 14.4% | 5.2% | 2.3% | 9.2% | 10.4% | 9.1% |
| Debt / equity | 0.19× | 0.20× | 0.25× | 0.32× | 0.30× | 0.33× | — | — | — | — |
Source: SEC EDGAR filings · CIK 0001698022 · as of 2025-12-31. Facts from filings plus Stocktoria's own computed scores — not investment advice.