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Stock impact report

Farmers & Merchants Bancorp Inc (FMAO) Reports Mixed Results Amid Challenging Environment [Yahoo! Finance]

Farmers & Merchants Bancorp, Inc. (FMAO) 
NASDAQ:AMEX Investor Relations: farmers.com
Company Research Source: Yahoo! Finance
Total Assets : Increased by 8.9% to a record $3.28 billion. Total Loans : Grew by 9.5% to a record $2.58 billion. Deposits : Rose by 5.6% to a record $2.61 billion. Dividends : Raised by 4.8% year-over-year, marking the 29th consecutive annual increase. Cost of Funds : Increased significantly, impacting net interest income and overall profitability. Nonperforming Loans : Increased to 0.87% of total loans, up from 0.20% in the previous year. Warning! GuruFocus has detected 5 Warning Signs with FMAO. On February 13, 2024, Farmers & Merchants Bancorp Inc ( NASDAQ:FMAO ) released its 8-K filing , detailing the financial results for the fourth quarter and full year ended December 31, 2023. The company, a holding entity for Farmers & Merchants Bank of Central California, operates in commercial banking, including commercial, agricultural, residential mortgages, and consumer lending. Financial Performance and Strategic Developments Farmers & Merchants Bancorp Inc ( NASDAQ:F Show less Read more
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