Company profile
Farmers & Merchants Bancshares, Inc.
OTC: FMBN · Financial Services · Banks - Regional
#631 of 1,012 Financial Services companies by revenuetop-quartile growth
EA Score
39DFH 32DQ —GM 57SS 47
v0.1 · 45/100 weight · provisional
↑ revenue growth (YoY), listing tenure · ↓ balance-sheet leverage, Piotroski F
Methodology →Revenue TTM
$8.8M
Rev growth YoY (TTM)
needs 8 qtrs
Net income (FY)
$1.1M
Employees
17
as of 2026-08-14
Market cap
$128.7M
as of 2026-08-14
Financials — latest annual
SEC EDGAR · USD-normalizedConceptUSDNativeFY
Revenue$12.0M$12.0M2025
Net income$1.1M$1.1M2025
Operating income$1.4M$1.4M2025
Total assets$213.3M$213.3M2025
Liabilities$199.9M$199.9M2025
Equity$13.4M$13.4M2025
Revenue trend
FY2018 – FY2025 · USD
FY18
FY19
FY20
FY21
FY22
FY23
FY24
FY25
Revenue by segment
No segmentation disclosed for this filer. n/a
The read
What is Farmers & Merchants Bancshares, Inc.’s revenue?
Farmers & Merchants Bancshares, Inc. booked $12.0M in FY2025 revenue, growing 29% year over year — faster than most Financial Services companies we track, at a 9.4% net margin.
Peers · Financial Services
Landmark Land Company, Inc.——United Tennessee Bankshares, Inc.45DThe Southern Banc Company, Inc.46DCYIOS Corporation42DFirst Internet Bancorp31DCardiff Lexington Corporation33DKey facts
CEOCharles E. Walsh
SectorFinancial Services
IndustryBanks - Regional
HeadquartersBurlington, IA
ExchangeOTC: FMBN
Employees17
IPO date2007-05-09
Latest filings
No filings loaded — no CIK (non-SEC filer).
Financials: SEC EDGAR (XBRL), USD-normalized per IAS 21 · TTM/quarterly + segments: FMP from filed disclosures · Filings: EDGAR submissions. County headcount and EA Score are in progress — see docs/DATA_GAPS.md.