Farmers & Merchants Bancshares (FMFG) Price to Book (2016 - 2026)

Farmers & Merchants Bancshares (FMFG) has reported Price to Book for 11 consecutive years, with 0.92 the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Price to Book rose 3.89% year-over-year to 0.92; the trailing twelve-month figure through Jun 2026 stood at 0.92 (up 3.89% YoY), and the FY2025 full-year result was 0.86, down 25.48% from the prior year.
• Price to Book climbed to 0.92 in Q2 2026 per FMFG's latest filing, from 0.84 in the prior quarter.
• Across five years, Price to Book topped out at 1.45 in Q3 2022 and bottomed at 0.79 in Q2 2024.
• Historically, Price to Book has averaged 1.08 across 5 years, with a median of 1.02 in 2023.
• The sharpest annual moves came in 2022 and 2024: Price to Book advanced 22.16% in 2022, then slumped 40.51% in 2024.
• Over 5 years, Price to Book stood at 1.41 in 2022, then decreased by 26.08% to 1.05 in 2023, then increased by 10.41% to 1.15 in 2024, then decreased by 25.48% to 0.86 in 2025, then gained by 6.63% to 0.92 in 2026.
• According to Business Quant data, Price to Book over the past three periods registered 0.92, 0.84, and 0.86 for Q2 2026, Q1 2026, and Q4 2025 respectively.