Companies: 10,795·Total market cap: $144.5T
Farmers & Merchants Bancshares, Inc.

Farmers & Merchants Bancshares, Inc.

FMBNOTCFinancial Services● Active
$44.00
+$0.00(+0.00%)
Market Cap$145190936
P/E Ratio
52W High$44
52W Low$26

Farmers & Merchants Bancshares, Inc. (FMBN) Shares Outstanding — Overview

Basic and diluted weighted average shares, YoY change, float context, and historical trend from SEC filings and FMP.

FMBN · shares outstanding · updated Jun 9, 2026

Key metrics

Basic Shares Outstanding · Weighted average · fiscal year
277,856 +0.54% YoY Change
FY · as of Dec 31, 2025 · Reported in USD
vs 276,356 in FY 2024
Diluted Shares Outstanding
277,856
incl. options, RSUs, convertibles
Dilution Spread
+0.00%
Diluted vs Basic
YoY Change
+0.54%
year-over-year
Source: FMP /income-statement · /shares-float · SEC 10-K / 10-QUpdated: 2026-06-09

Shares Outstanding Growth Rate

3-Year CAGRincreasing
+0.8%
2022 → 2025
5-Year CAGRincreasing
+0.7%
2020 → 2025
10-Year CAGRdeclining
-0.8%
2003 → 2025

Negative CAGR typically indicates share buyback or retirement activity. Interpret alongside Splits and Financials tabs. Splits / Financials

Shares outstanding history

↓ Decrease — typically buyback / retirement
↑ Increase — issuance / equity compensation
Latest
* most recent reported · FMP /income-statement · weightedAverageShsOut

Annual shares outstanding by year

FY 2025Latest
Diluted Shares: 277,856
277,856
+0.54%
FY 2024
Diluted Shares: 276,356
276,356
+1.78%
FY 2023
Diluted Shares: 271,530
271,530
+0.19%
FY 2022
Diluted Shares: 271,009
271,009
+0.67%
FY 2021
Diluted Shares: 269,211
269,211
+0.48%
FMP /income-statement · weightedAverageShsOut · weightedAverageShsOutDilUnit: Billions (B)

Financial Services sector shares outstanding comparison

Shares Outstanding for similar companies or competitors in the Financial Services sector.

#SymbolCompanyShares (Basic)vs FMBN
#1
Bank of America CorporationBAC
Bank of America Corporation
7.365B+>999%
#2
JPMorgan Chase & Co.JPM
JPMorgan Chase & Co.
2.789B+>999%
#3
Berkshire Hathaway Inc.BRK-B
Berkshire Hathaway Inc.
2.157B+>999%
#4
Visa Inc.V
Visa Inc.
1.942B+>999%
#5
Mastercard IncorporatedMA
Mastercard Incorporated
897.0M+>999%
#6
Berkshire Hathaway Inc.BRK-A
Berkshire Hathaway Inc.
1.4M+417.5%
#7
Farmers & Merchants Bancshares, Inc.FMBN
Farmers & Merchants Bancshares, Inc.YOU
277,856

/company-screener · per-peer /income-statement · cache 86400s

Understanding Shares Outstanding

What Are Shares Outstanding? (Basic)

Farmers & Merchants Bancshares, Inc. (FMBN) shares outstanding is the total number of issued shares held by shareholders — the basis for Basic EPS and market capitalization. As of December 31, 2025, Farmers & Merchants Bancshares, Inc. reports 277,856 basic shares outstanding (weighted average).

Basic vs. Diluted Shares Outstanding

Farmers & Merchants Bancshares, Inc.'s basic shares outstanding (277,856) represents currently issued shares. Diluted shares outstanding (277,856) also includes potential shares from stock options, RSUs, and convertibles. Dilution spread: +0.00%.

Shares Outstanding vs. Float (Free Float)

Farmers & Merchants Bancshares, Inc.'s float is — (— of total shares outstanding) — shares freely available for public trading, excluding insider-held and restricted shares.

Float data from /shares-float reflects the most recent SEC filing period-end. The weighted average shares (from /income-statement) may differ — this is a normal reporting window difference, not a data error.

FMP /income-statement · /shares-float · SEC EDGAR · USD

About shares outstanding & methodology

Farmers & Merchants Bancshares, Inc. (FMBN) shares outstanding history from 2003 to 2025. Shares outstanding can be defined as the total number of shares held by all shareholders — including institutional investors, retail investors, and company insiders — assuming conversion of all convertible debt, securities, warrants, and options. This metric excludes the company's treasury shares.

Farmers & Merchants Bancshares, Inc. shares outstanding for the fiscal year ending December 31, 2025 were 277,856, a 0.54% increase year-over-year. Farmers & Merchants Bancshares, Inc. FY 2025 shares outstanding were 277,856, a +0.54% increase from FY 2024.

Farmers & Merchants Bancshares, Inc. is a leading company operating in the Financial Services sector. The company's share count trajectory — with a 10-year CAGR of -0.8% — is a key signal for investors evaluating capital return policy, EPS accretion, and long-term shareholder value creation.

Figures tie to SEC 10-K/10-Q income statement disclosures and FMP /income-statement · /shares-float where noted.

Frequently asked questions

FMBN shares outstanding · 4 questions

As of December 31, 2025, Farmers & Merchants Bancshares, Inc. (FMBN) has approximately 277,856 basic shares outstanding and 277,856 diluted shares outstanding. This represents a +0.54% year-over-year increase from FY 2024 (276,356). The increase may reflect equity compensation issuances or secondary offerings.

FMBN shares outstandinghow many shares does FMBN haveFMBN basic shares 2025FMBN diluted shares

Data: FMP /income-statement · /shares-float · SEC EDGAR · weighted average basis · Farmers & Merchants Bancshares, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: 2026-06-09