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    FMFG — Farmers and Merchants Bank (Maryland) News Story

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    Farmers and Merchants Bank Q4 net income rises

    Picture of Farmers and Merchants Bank (Maryland) logoFarmers and Merchants Bank (Maryland)
    29/01/2026 21:20
    Overview

Maryland bank's Q4 net income rose significantly yr/yr

Net interest income for Q4 increased yr/yr

Company achieved 35% increase in annual net income

Outlook

Company did not provide specific guidance for future quarters or the full year in its press release

Result Drivers

LOAN PORTFOLIO GROWTH - Co attributed 35% increase in net income to growth in loan portfolio and reduced funding costs

NET INTEREST INCOME - Increase driven by higher yield on interest-earning assets and reduced cost of interest-bearing liabilities

NONINTEREST INCOME - Gains in mortgage banking revenue, bank owned life insurance income, and gains on SBA loan sales contributed to increase

Key Details


    MetricBeat/MissActualConsensus Estimate
    Q4 Net Income$1.70 mln
    Q4 Net Interest Income$6.55 mln
    Q4 Basic EPS$0.53
    Q4 Pretax Profit$2.25 mln
    

Press Release: ID:nGNX9z1HFg

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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