Farmers & Merchants posts record third-quarter 2026 net income of $25.1 million
Farmers & Merchants reported record Q3 2026 net income of $25.1 million, with diluted EPS up 8.3% to $36.75, according to TradingView.
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what happened
According to TradingView, citing documents filed with the SEC, Farmers & Merchants earned a record $25.1 million in net income in the third quarter of 2026, 5.8% more than a year earlier. Diluted earnings per share reached $36.75, up 8.3% year over year.
Net income for the first nine months totaled $73.9 million. Tangible book value per share rose to $932.14 as of September 30, 2026. Total loans and leases grew by $136.0 million, or 3.77%, from a year earlier, and the bank reported no borrowings at quarter-end.
why it matters
For investors this is a report from a small regional bank, so the impact on the broader market is limited. Still, steady loan growth, strong capital ratios and the absence of borrowings at quarter-end point to a stable position and may matter to those tracking US regional banks.
market impact
US regional banks: results in line with a steady trend, limited effect on the sector
tags
instruments
sources
- Farmers & Merchants reports record Q3 net income $25.1M, EPS $36.75; tangible book $932.14 — TradingView, 20 October 2026 at 13:03 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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