Financial Snapshot

Revenue
$28.09M
TTM
Gross Margin
Net Earnings
$3.422M
TTM
Current Assets
Current Liabilities
Current Ratio
Total Assets
Q4 2024
Total Liabilities
Q4 2024
Book Value
$56.27M
Q4 2024
Cash
Q4 2024
P/E
13.27
Nov 26, 2024 EST
Free Cash Flow

Revenues

Revenues

Revenue YoY Change

Revenues

Concept 2024 2023 2022 2021 2020 2019 2018 2017
Revenue $38.36M $31.32M $26.27M $25.68M $20.76M $18.70M $17.77M $16.59M
YoY Change 22.47% 19.24% 2.29% 23.68% 11.02% 5.26% 7.07% 8.1%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept 2024 2023 2022 2021 2020 2019 2018 2017
Revenue $38.36M $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

No data

Research & Development

No data

Depreciation, Depletion & Amortization

No data

SGA Expense to Gross Profit Ratio

No data

R&D To Gross Profit Ratio

No data

DDA To Gross Profit Ratio

No data

Operating Expenses Total

No data

Operating Profits/Loss

No data

Operational Expenses

Concept 2024 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

Interest Expenses To Operating Income %

No data

Other Expense/Income

No data

Interest & Other Expense/Income

Concept 2024 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

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept 2024 2023 2022 2021 2020 2019 2018 2017
Pretax Income $5.509M $8.436M $10.58M $10.58M $3.169M $5.600M $5.819M $5.792M
YoY Change -34.69% -20.23% -0.07% 233.91% -43.41% -3.76% 0.47% -2.43%
Income Tax $1.231M $2.017M $2.485M $2.433M $487.2K $1.039M $1.106M $2.002M
% Of Pretax Income 22.35% 23.91% 23.5% 22.99% 15.37% 18.56% 19.01% 34.57%
Net Earnings $4.278M $6.418M $8.090M $8.150M $2.682M $4.561M $4.713M $3.789M
YoY Change -33.35% -20.66% -0.73% 203.86% -41.19% -3.22% 24.37% -3.07%
Net Earnings / Revenue 11.15% 20.49% 30.8% 31.73% 12.92% 24.39% 26.52% 22.83%
Basic Earnings Per Share $1.37 $2.08 $2.66 $2.70
Diluted Earnings Per Share $1.37 $2.08 $2.66

Assets & Liabilities

Cash & Short-Term Investments

No data

Cash & Equivalents

Cash To Operating Expenses Ratio

No data

Inventory

No data

Receivables

No data

Total Short-Term Assets

No data

Property, Plant And Equipment

Long-Term Investments

No data

Total Long-Term Assets

No data

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

No data

Short-Term Debt

No data

Long Term Debt Due

No data

Total Short-Term Liabilities

No data

Long-Term Debt

No data

Other Long-Term Liabilities

No data

Total Long-Term Liabilities

No data

Total Liabilities

Short-Term To Long-Term Debt Ratio

No data

Short-Term Assets To Debt Ratio

No data

Long-Term Debt To Net Income Ratio

No data

Assets & Liabilities

Concept 2024 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

Diluted Shares Outstanding

Preferred Stock

No data

Treasury Stock Shares

No data

Stock Issuance & Repurchase

Ownership Data

Concept 2024 2023 2022 2021 2020 2019 2018 2017
Basic Shares Outstanding 3.133M 3.083M 3.046M 3.018M 2.984M 2.953M 2.926M 1.658M
Diluted Shares Outstanding 3.133M 3.086M 3.046M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

No data

Free Cash Flow YoY

No data

Free Cash Flow Margin

No data

Dividends

Dividends

Stock Price

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