Farmers & Merchants Bancorp Reports Strong Net Income Growth with 7.1% CAGR Over Five Years

Reuters
Aug 07
Farmers & <a href="https://laohu8.com/S/MBIEV">Merchants Bancorp</a> Reports Strong Net Income Growth with 7.1% CAGR Over Five Years

Farmers & Merchants Bancorp Inc. has released its second-quarter results for 2025. The company, which operates as the holding entity for F&M Bank, reported a continued growth in its total assets, which increased at a compound annual growth rate $(CAGR)$ of 15.9% from 2019 to 2024. Over the same period, net income grew at a CAGR of 7.1%. F&M Bancorp, headquartered in Archbold, Ohio, has maintained a history of strong asset quality and robust net income growth, contributing to 30 consecutive years of higher annual dividends. The company has also achieved four successful acquisitions during this timeframe. In 2023, the bank expanded its market presence by opening four new offices in new locations and adding a new regional office in downtown Fort Wayne. The bank serves customers in Northwest Ohio, Northeast Indiana, and Southern Michigan, along major interstate corridors. The report did not provide a specific outlook or guidance for future periods.

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