FMCB Buyback

Farmers & Merchants Bancorp (FMCB) Authorizes $45 Million Increase to Share Repurchase Program

Published August 14, 2025 at 01:00 PM

LODI, Calif., Aug. 14, 2025 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp (OTCQX: FMCB) (the “Company” or “FMCB”), the parent company of Farmers & Merchants Bank of Central California (the “Bank” or “F&M Bank”), announced that, effective immediately, the Company has authorized an increase of $45.0 million to the existing share repurchase program along with an extension of the program through December 31, 2027. The increase will bring the total of the share repurchase program to $57.6 million.

Related Questions

What is the anticipated price range for the repurchase, and is there a risk of overpaying for its own shares in a potentially volatile market? How will the $45 million increase in the share repurchase program affect FMCB’s earnings per share and other key per‑share metrics? What is the current cash position and liquidity of FMCB, and is the company maintaining sufficient capital for regulatory and operational needs after the buyback? How does the $57.6 million total buyback size compare to FMCB’s historical repurchase programs and to peers in the regional bank sector? What is the expected timeline and average daily volume for the share repurchases, and could it exert upward pressure on the stock price? Will the buyback be funded through cash on hand, debt issuance, or a combination, and what are the implications for the balance sheet? How does the extended program through December 31 2027 align with FMCB’s long‑term strategic and capital‑allocation plans? What are analysts’ expectations for the impact of this buyback on FMCB’s valuation multiples (e.g., P/E, P/B) and target price? Is there any indication that the buyback is being used to offset dilution from employee stock options or other equity compensation? What regulatory or capital‑adequacy considerations must FMCB meet before executing the repurchase, and are there any constraints? How will the market react to the announcement—does the sentiment score of 65 indicate a bullish outlook, and what is the historical price reaction to similar announcements? Are there any insider or management share purchases that coincide with the announced buyback? What is the expected impact on the company’s credit metrics (e.g., CET1, leverage ratio) after the repurchase program is executed? How does the buyback affect the company’s ability to fund future growth initiatives or acquisitions? How might the buyback influence dividend policy or future dividend increases for shareholders?