Farmers & Merchants Bank of Central California (FMCB) ranked #4 Best-Performing Community Bank in the United States for 2023 [Yahoo! Finance]
S&P Global Inc. (SPGI)
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Source: Yahoo! Finance
California (F&M Bank), is pleased to announce that F&M Bank has been ranked 4 th on S&P Global Market Intelligence's “Top 50 List of Best-Performing Community Banks” in the US with assets between $3 billion and $10 billion. S&P Global Market Intelligence ranks financial institutions based on several key factors including financial returns, growth, and balance sheet risk profile. Kent A. Steinwert, Chairman, President, and Chief Executive Officer stated, “This special recognition confirms that our conservative business practices over the past 108 years have proven to be successful. We are extremely honored and grateful to S&P Global Market Intelligence for highlighting our outstanding 2023 financial performance”, said Steinwert. Farmers & Merchants Bank of Central California remains very liquid, well-capitalized, and in excellent overall financial condition. Our consistent growth of net profits over many years has allowed the Bank to increase its cash dividend payout for 58 consecu
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