Financial Snapshot

Revenue
$28.09M
TTM
Gross Margin
Net Earnings
$3.422M
TTM
Current Assets
Current Liabilities
Current Ratio
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$59.16M
Q3 2024
Cash
Q3 2024
P/E
13.27
Nov 26, 2024 EST
Free Cash Flow

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017
Revenue $31.32M $26.27M $25.68M $20.76M $18.70M $17.77M $16.59M
YoY Change 19.24% 2.29% 23.68% 11.02% 5.26% 7.07% 8.1%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017
Revenue $31.32M $26.27M $25.68M $20.76M $18.70M $17.77M $16.59M
Cost Of Revenue $200.0K $178.5K $47.73K $27.41K
Gross Profit $20.56M $18.52M $17.72M $16.57M
Gross Profit Margin 99.04% 99.05% 99.73% 99.83%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017
Interest Expense $9.907M $2.146M $2.805M $3.459M $3.680M $2.507M $1.707M
YoY Change 361.62% -23.5% -18.89% -6.01% 46.77% 46.86% 26.83%
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017
Pretax Income $8.436M $10.58M $10.58M $3.169M $5.600M $5.819M $5.792M
YoY Change -20.23% -0.07% 233.91% -43.41% -3.76% 0.47% -2.43%
Income Tax $2.017M $2.485M $2.433M $487.2K $1.039M $1.106M $2.002M
% Of Pretax Income 23.91% 23.5% 22.99% 15.37% 18.56% 19.01% 34.57%
Net Earnings $6.418M $8.090M $8.150M $2.682M $4.561M $4.713M $3.789M
YoY Change -20.66% -0.73% 203.86% -41.19% -3.22% 24.37% -3.07%
Net Earnings / Revenue 20.49% 30.8% 31.73% 12.92% 24.39% 26.52% 22.83%
Basic Earnings Per Share $2.08 $2.66 $2.70
Diluted Earnings Per Share $2.08 $2.66

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
Total Assets
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities
YoY Change
Long-Term Debt
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities
YoY Change
Total Liabilities
YoY Change

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017
Basic Shares Outstanding 3.083M 3.046M 3.018M 2.984M 2.953M 2.926M 1.658M
Diluted Shares Outstanding 3.086M 3.046M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $45.396 Million

About Farmers & Merchants Bancshares, Inc.

Farmers & Merchants Bancshares, Inc. (Maryland) is a holding company, which engages in the provision of commercial and retail banking services. The company is headquartered in Upperco, Maryland. The company went IPO on 2001-06-21. The Bank provides a range of personal banking services designed to meet the needs of local consumers. Its deposit services include checking accounts, savings accounts, money market accounts, certificates of deposit and individual retirement accounts. The Bank also offers repurchase agreements and remote check deposits. The Bank grants available credit for residential mortgages, construction loans, home equity lines, personal installment loans and other consumer financing. The company is also engaged in financing commerce and industry by providing credit and deposit services for small to medium sized businesses and the agricultural community in the Bank’s market area. Its main office is located in Upperco, Maryland, and it has six additional full-service branches located in the Maryland communities of Hampstead, Greenmount, Reisterstown, Owings Mills, Eldersburg, and Westminster.

Industry: Savings Institutions, Not Federally Chartered Peers: DELHI BANK CORP Oxford Bank Corp PNC FINANCIAL SERVICES GROUP, INC. UNITED BANCSHARES INC/OH