Farmers & Merchants Bancshares Book Value Per Share Growth & History (FMFG)
Farmers & Merchants Bancshares's book value per share was $20.02 for fiscal 2025.
View full Farmers & Merchants Bancshares company overviewFarmers & Merchants Bancshares annual book value per share history
| Fiscal year | Period ended | Book value per share | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $20.02 | $2.25 | +12.66% |
| 2024 | 2024-12-31 | $17.77 | $1.03 | +6.15% |
| 2023 | 2023-12-31 | $16.74 | $1.18 | +7.61% |
| 2022 | 2022-12-31 | $15.56 | -$3.09 | −16.56% |
| 2021 | 2021-12-31 | $18.64 | $1.46 | +8.52% |
| 2020 | 2020-12-31 | $17.18 | $0.55 | +3.31% |
| 2019 | 2019-12-31 | $16.63 | -$10.34 | −38.35% |
| 2018 | 2018-12-31 | $26.97 | $1.91 | +7.62% |
| 2017 | 2017-12-31 | $25.06 | $1.51 | +6.41% |
| 2016 | 2016-12-31 | $23.55 | — | — |
Farmers & Merchants Bancshares quarterly book value per share
| Fiscal quarter | Period ended | Book value per share | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $20.72 | $1.74 | +9.18% |
| Q1 2026 | 2026-03-31 | $20.43 | $1.99 | +10.79% |
| Q4 2025 | 2025-12-31 | $20.02 | $2.25 | +12.66% |
| Q3 2025 | 2025-09-30 | $19.72 | $0.91 | +4.86% |
| Q2 2025 | 2025-06-30 | $18.97 | $1.63 | +9.40% |
| Q1 2025 | 2025-03-31 | $18.44 | $1.41 | +8.28% |
| Q4 2024 | 2024-12-31 | $17.77 | $1.03 | +6.15% |
| Q3 2024 | 2024-09-30 | $18.81 | $3.19 | +20.42% |
| Q2 2024 | 2024-06-30 | $17.34 | $1.22 | +7.55% |
| Q1 2024 | 2024-03-31 | $17.03 | $0.50 | +3.03% |
| Q4 2023 | 2023-12-31 | $16.74 | $1.18 | +7.61% |
| Q3 2023 | 2023-09-30 | $15.62 | $0.60 | +4.02% |
| Q2 2023 | 2023-06-30 | $16.13 | $0.34 | +2.18% |
| Q1 2023 | 2023-03-31 | $16.53 | -$0.66 | −3.85% |
| Q4 2022 | 2022-12-31 | $15.56 | -$3.09 | −16.56% |
| Q3 2022 | 2022-09-30 | $15.01 | -$3.61 | −19.38% |
| Q2 2022 | 2022-06-30 | $15.78 | -$2.22 | −12.31% |
| Q1 2022 | 2022-03-31 | $17.19 | -$0.45 | −2.55% |
| Q4 2021 | 2021-12-31 | $18.64 | $1.46 | +8.52% |
| Q3 2021 | 2021-09-30 | $18.62 | $1.27 | +7.30% |
| Q2 2021 | 2021-06-30 | $18.00 | $0.76 | +4.43% |
| Q1 2021 | 2021-03-31 | $17.64 | $0.68 | +4.04% |
| Q4 2020 | 2020-12-31 | $17.18 | $0.55 | +3.31% |
| Q3 2020 | 2020-09-30 | $17.36 | $0.80 | +4.85% |
| Q2 2020 | 2020-06-30 | $17.23 | -$10.99 | −38.94% |
| Q1 2020 | 2020-03-31 | $16.95 | -$10.79 | −38.90% |
| Q4 2019 | 2019-12-31 | $16.63 | -$10.34 | −38.35% |
| Q3 2019 | 2019-09-30 | $16.55 | -$10.03 | −37.74% |
| Q2 2019 | 2019-06-30 | $28.23 | $2.37 | +9.18% |
| Q1 2019 | 2019-03-31 | $27.75 | $2.15 | +8.39% |
| Q4 2018 | 2018-12-31 | $26.97 | $1.91 | +7.62% |
| Q3 2018 | 2018-09-30 | $26.59 | $1.45 | +5.76% |
| Q2 2018 | 2018-06-30 | $25.85 | $0.96 | +3.84% |
| Q1 2018 | 2018-03-31 | $25.60 | $1.45 | +6.01% |
| Q4 2017 | 2017-12-31 | $25.06 | $1.51 | +6.41% |
| Q3 2017 | 2017-09-30 | $25.14 | — | — |
| Q2 2017 | 2017-06-30 | $24.90 | — | — |
| Q1 2017 | 2017-03-31 | $24.15 | — | — |
| Q4 2016 | 2016-12-31 | $23.55 | — | — |
Farmers & Merchants Bancshares book value per share trends
Over the last five fiscal years, Farmers & Merchants Bancshares's book value per share increased from $17.18 to $20.02, a change of $2.84. The latest reported quarter, Q2 2026, shows $20.72.
What book value per share means
Book value per share estimates the common shareholders’ accounting equity represented by each share. It can help compare a company’s balance-sheet value over time, although market value can differ substantially from book value.
How book value per share is calculated
TickerStat calculates book value per share as SEC-reported common shareholders’ equity divided by reported period-end common shares. Preferred equity is subtracted when separately reported, and basic weighted-average shares are used only when period-end shares are unavailable. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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