Farmers & Merchants Bancorp, Inc. (FMAO) Misses Q4 EPS by 2c
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Farmers & Merchants Bancorp, Inc. Reports Record 2022 Full-Year Financial Results
February 8, 2023 8:00 AM ESTARCHBOLD, Ohio, Feb. 08, 2023 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO) today reported financial results for the 2022 fourth quarter and twelve months ended December 31, 2022.
2022 Fourth Quarter Financial Highlights Include (on a year-over-year basis unless noted):
Net income was $7.2 million compared to $7.7 million for the same period last yearEarnings were $0.53 per basic and diluted share, compared to $0.59 per basic and diluted shareAdjusted net income, excluding one-time tax adjusted acquisition expenses, was $8.8 million, compared to $8.7... More