FMCB Stock — Farmers & Merchants Bancorp

Farmers & Merchants Bancorp (FMCB)

Updated October 16, 2026.

FMCB is a Stock. its distribution rate is 1.56%, its trailing-12-month yield is 1.82%. Dividend Vision Distribution Safety Score™ is 95/100 (Safe). Total return is 2958.3% over the past 32.5 years, 4.1 points ahead of SPY at 2954.2%.

Farmers & Merchants Bancorp is the bank holding company for Farmers & Merchants Bank of Central California, providing deposit products, lending services including commercial and real estate loans, and specialized banking services to businesses and individuals. The company distributes dividends on a quarterly basis at a modest current rate. This security may appeal to income investors seeking exposure to regional banking operations.

FMCB performance versus SPY

Price and return data through 2026-10-16.

Total return is 2958.3% over the past 32.5 years, 4.1 points ahead of SPY at 2954.2%. Over the past year its total return — price change plus distributions reinvested — is 46.9%. Its deepest 1-year drawdown was 8.0%.

FMCB key facts

Distribution Safety Score™

95 · Safe

Safety-Adjusted Yield

1.48%

Asset type

Stock

Asset class

Equity

Inception date

04/18/1994

Distribution rate

1.56%

Distribution frequency

Quarterly

Trailing yield

1.82%

5-year average yield

1.71

Last close

$1,437.10 (as of 2026-10-16)

Market cap

$994,392,722

Average volume

13.0

Dividend

$5.60

Ex-dividend date

09/11/2026

Payment date

10/01/2026

Beta

0.16

Payout ratio

62.2%

P/E ratio

10.43

Forward P/E

11.1235

EPS

$137.77

How Dividend Vision calculates yield and returns

Distribution rate (1.56%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (1.82%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

FMCB risks and drawbacks

FMCB's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. The deepest 1-year drawdown on record here is 8.0%.

Who may consider FMCB — and who may not

FMCB may suit someone looking for a high Distribution Safety Score. It is a weaker fit for investors who need monthly cash flow (FMCB pays quarterly); investors hunting double-digit covered-call yields. This is educational context, not a recommendation to buy or sell.

More on FMCB

• All tickers starting with F

Tagged: Financials, Dividend.

Frequently asked questions