Farmers & Merchants Bancorp reported earnings results for the second quarter and six months ended June 30, 2024. For the second quarter, the company reported net interest income was USD 50.78 million compared to USD 52.42 million a year ago. Net income was USD 21.77 million compared to USD 21.31 million a year ago. Diluted earnings per share from continuing operations was USD 29.39 compared to USD 28.03 a year ago.
For the six months, net interest income was USD 102.49 million compared to USD 108.14 million a year ago. Net income was USD 44.49 million compared to USD 44.86 million a year ago. Diluted earnings per share from continuing operations was USD 59.95 compared to USD 58.83 a year ago.