Farmers & Merchants Bancorp vs RBB Bancorp
Farmers & Merchants Bancorp and RBB Bancorp are similar in size: $121m and $129m of revenue in their latest fiscal years. Farmers & Merchants Bancorp grew faster (19.6% against 12.6%). Farmers & Merchants Bancorp kept more of each dollar of sales as profit: a net margin of 27.4% against 24.7%.
| Latest fiscal year | Farmers & Merchants BancorpFMAO, 2025 | RBB BancorpRBB, 2025 |
|---|---|---|
| Revenue | $121m | $129m |
| Revenue growth | 19.6% | 12.6% |
| Net income | $33.3m | $31.9m |
| Operating margin | — | — |
| Net margin | 27.4% | 24.7% |
| Return on equity | 9.4% | 6.2% |
| Free cash flow | $35.0m | $42.6m |
| Cash | — | $212m |
| Total debt | $0 | $120m |
| Debt to equity | — | — |
| Dividend per share | $0.90 | $0.64 |
| Dividend yield | 2.5% | 2.5% |
| Share buybacks | $362,000 | $14.0m |
| Employees | 474 | 369 |
| Market value | $504m | $438m |
| Price vs our value range | — | — |
| Moat score | 64 (Moderate) | 85 (Strong) |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 6 sales |