Farmers & Merchants Bancshares, Inc. (FMBN)
Farmers & Merchants Bancshares, Inc. operates in the Banks - Regional industry of the Financial Services sector, headquartered in Burlington, IA, US. The stock last traded at $39.00, up 2.63% on the session, giving a market capitalisation of $128.7M. On trailing twelve-month figures it carries a trailing P/E of 9.68, a net margin of 9.4%. Its beta of 0.06 implies it has historically moved less than the broad market.
Farmers & Merchants Bancshares, Inc., headquartered in Burlington, Iowa, functions as the holding company for Farmers & Merchants Bank & Trust. This financial institution delivers a broad spectrum of services to customers in Iowa's Des Moines and Louisa Counties. Its core banking services include various checking, savings, and youth accounts, coupled with an extensive range of loan products. These loans cater to diverse needs, covering personal, residential (mortgage, home equity), vehicle (auto, boat, RV), business (construction, operating, real estate), and agricultural financing (farm real estate, machinery, livestock, short-term). The bank also issues debit and credit cards and offers lines of credit. Beyond traditional banking, the company provides wealth management expertise, encompassing trust services, investment management, brokerage, financial planning, and retirement rollover assistance. Additional conveniences include merchant services, mobile and online banking with bill payment and remote deposit capture, telephone banking, payroll, notary, automated clearing house (ACH) services, and safe deposit box rentals. The company traces its origins back to its founding in 1916.
Farmers & Merchants Bancshares, Inc. is most often compared with the following Financial Services names: