Farmers & Merchants Bancorp (FMCB) Could Be 46% Below Fair Value On Earnings Growth

Farmers & Merchants Bancorp earnings trigger fresh look at the stock Farmers & Merchants Bancorp (FMCB) has put fresh numbers on the table, releasing third quarter and nine month results that show higher net interest income and net income compared with the same periods last year. The bank reported third quarter net interest income of US$58.32 million and net income of US$25.08 million, with basic earnings per share from continuing operations at US$37.21 and diluted earnings per share at...