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    FMBL — Farmers & Merchants Bank of Long Beach News Story

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    Farmers and Merchants Bank Q4 profit jumps on higher interest income

    Picture of Farmers & Merchants Bank of Long Beach logoFarmers & Merchants Bank of Long Beach
    26/01/2026 13:11
    Overview

California bank's Q4 net income rose significantly to $19.5 mln

Net interest income for Q4 increased to $74.4 mln from $62.3 mln yr/yr

Completed $200 mln equity investment deal in Q4

Outlook

Farmers and Merchants Bank anticipates accelerated growth from equity investment

Company did not provide specific financial guidance for 2026

Result Drivers

EQUITY INVESTMENT - A $200 mln equity investment by a large financial services company in Q4 is expected to diversify and expand F&M's loan portfolio

NET INTEREST MARGIN - F&M's net interest margin improved to 2.58% in Q4, up from 2.14% a year earlier, boosting net interest income

SECURITIES REPOSITIONING - Repositioning of investment securities led to a positive impact on non-interest income in Q4

Key Details


    MetricBeat/MissActualConsensus Estimate
    Q4 EPS$141.90
    Q4 Net Income$19.53 mln
    Q4 Basic EPS$143.21
    Q4 Pretax Profit$27.21 mln
    Q4 Provision for Credit Losses-$500,000
    

Press Release: ID:nBw98b1y0a

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