Farmers & Merchants Bancorp Q3 profit jumps 36% on higher loans, interest margins

Farmers & Merchants Bancorp

27/10/2025 13:12

Overview

Farmers & Merchants Q3 net income rises 35.9% to $8.9 mln

Pretax profit for Q3 beats analyst estimates

Company opened new office in Troy, Michigan, expanding its footprint

Outlook

Company did not provide specific financial guidance for future quarters or full year

Result Drivers

NET INTEREST MARGIN - Increased by 69 basis points to 3.40%, contributing to higher net income

LOAN GROWTH - Total loans, net increased by $123.0 mln, driven by commercial and agricultural sectors

DEPOSIT GROWTH - Total deposits rose by $67.1 mln, supported by relationship-based banking solutions

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 EPS
$0.64
Q3 Net Income
$8.85 mln
Q3 Pretax Profit
Beat
$11.23 mln
$10.30 mln (3 Analysts)
Q3 Basic EPS
$0.64
Q3 Loan Loss Provision
$557,000


Press Release: ID:nGNX6jwqb9

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(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.)