Farmers and Merchants Bancshares, Inc.
FMFGOTCFinancial Services● Active
$17.23
$-0.27(-1.54%)
Market Cap$55751232
P/E Ratio—
52W High$21
52W Low$15.75
Farmers and Merchants Bancshares, Inc. (FMFG) · Income Statement
Annual, quarterly, or TTM views · SEC 10-K & 10-Q via FMP · adjust period and M/B/T below.
FMP · FMFG · as of 2026-06-09
Financial statements
Revenue · Gross Profit · Net Income
| Breakdown | 2025-12 | 2024-12 | 2023-12 | 2022-12 | 2021-12 |
|---|---|---|---|---|---|
| Revenue | |||||
| Revenue | $44.15M | $39.47M | $32.41M | $28.09M | $27.49M |
| Cost of Revenue | $18.66M | $17.68M | $9.34M | $2.62M | $3.14M |
| Gross Profit | $25.49M | $21.80M | $23.07M | $25.47M | $24.36M |
| Gross Margin %(computed) | 57.73% | 55.22% | 71.19% | 90.67% | 88.60% |
| Operating Expenses | |||||
| R&D Expenses | $0.00M | $0.00M | $0.00M | $0.00M | $0.00M |
| G&A Expenses | $11.60M | $10.79M | $10.17M | $10.40M | $9.71M |
| Total Operating Expenses | $18.12M | $16.29M | $14.63M | $14.89M | $13.78M |
| Operating Income | $7.37M | $5.51M | $8.44M | $10.58M | $10.58M |
| Operating Margin %(computed) | 16.70% | 13.96% | 26.03% | 37.65% | 38.49% |
| Interest Income | $42.35M | $38.36M | $31.32M | $26.27M | $25.68M |
| Interest Expense | $17.96M | $17.53M | $9.91M | $2.15M | $2.81M |
| Income Before Tax | $7.37M | $5.51M | $8.44M | $10.58M | $10.58M |
| Income Tax Expense | $1.61M | $1.23M | $2.02M | $2.49M | $2.43M |
| Net Income | $5.77M | $4.28M | $6.42M | $8.09M | $8.15M |
| Net Margin %(computed) | 13.06% | 10.84% | 19.81% | 28.80% | 29.64% |
| Per Share & EBITDA | |||||
| EPS (Basic) | $1.81 | $1.37 | $2.08 | $2.66 | $2.70 |
| Wtd Avg Shares | 3.15M | 3.13M | 3.08M | 3.05M | 3.02M |
| EBITDA | $8.11M | $6.15M | $8.94M | $11.06M | $11.07M |
| EBITDA Margin %(computed) | 18.38% | 15.58% | 27.58% | 39.38% | 40.26% |
Data source: Financial Modeling Prep · Last updated: 2026-06-09 · USD · M
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About Farmers and Merchants Bancshares, Inc. (FMFG) Income Statement
Farmers and Merchants Bancshares, Inc. (FMFG) income statement data is sourced from SEC Form 10-K and 10-Q filings. For fiscal year 2025, FMFG reported revenue of $0.04B, gross profit of $0.03B (gross margin 57.73%), and net income of $0.01B — a net profit margin of 13.06%.
Frequently asked questions
FMFG · 4 questionsFarmers and Merchants Bancshares, Inc. (FMFG) reported revenue of $0.04B for 2025, up 11.9% year-over-year.
FMFG revenueFMFG salesannual revenue YoYincome statement
· Source: FMP /stable/income-statement · SEC EDGAR Form 10-K & 10-Q · As of 2026-06-09