Farmers & Merchants Bancorp reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net interest income was USD 53.44 million compared to USD 50.46 million a year ago. Net income was USD 22.03 million compared to USD 19.54 million a year ago. Diluted earnings per share from continuing operations was USD 29.23 compared to USD 25.2 a year ago.
For the nine months, net interest income was USD 161.59 million compared to USD 137.39 million a year ago. Net income was USD 66.89 million compared to USD 55.04 million a year ago. Diluted earnings per share from continuing operations was USD 88.06 compared to USD 70.47 a year ago.