Farmers & Merchants Bancshares (FMFG) Return on Invested Capital (2016 - 2026)

Farmers & Merchants Bancshares (FMFG) has 11 years of Return on Invested Capital data on file, last reported at 0.0% in Q1 2026.

• For the quarter ending Q1 2026, Return on Invested Capital fell 1.0% year-over-year to 0.0%; the trailing twelve-month figure through Mar 2026 stood at 0.0% (down 1.0% YoY), and the FY2024 full-year result was 0.0%, changed 0.0% from the prior year.
• Return on Invested Capital for Q1 2026 stood at 0.0%, up from 4.01% in the prior quarter.
• Across five years, Return on Invested Capital topped out at 0.0% in Q3 2024 and bottomed at 4.01% in Q4 2025.
• The 5-year median for Return on Invested Capital is 0.0% (2023), against an average of 0.23%.
• The widest annual swing landed in 2022, when Return on Invested Capital changed 0 bps; it then slumped 401 bps in 2025.
• A 5-year view of Return on Invested Capital shows it stood at 0.0% in 2022, then surged by 49 bps to 0.0% in 2023, then grew by 11 bps to 0.0% in 2024, then sank by 155389 bps to 4.01% in 2025, then soared by 100 bps to 0.0% in 2026.
• The last three Return on Invested Capital figures came in at 0.0% (Q1 2026), 4.01% (Q4 2025), and 0.0% (Q3 2025), per Business Quant data.

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