Farmers & Merchants Reports Record Q2 Net Income $11.8M; EPS $0.86, ROAA 1.34%
Farmers & Merchants reported record net income of $11.8 million for the second quarter of 2026, up 53.0% year-over-year, producing diluted earnings per share of $0.86 and a return on average assets of 1.34%. Total deposits rose to $2.87 billion and net interest margin expanded to 3.48% in the quart…