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Posted by
Two Blokes 6 hours ago -
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Farmers & Merchants Bancorp is a specialized, stable regional bank with a strong focus on agricultural lending and a long history of dividend growth. Q2 results were robust: record net income, rising loan demand, expanding margins, and strong asset quality despite macro risks for farmers. Shares trade at a relatively thin premium to tangible book value, making them attractive given the bank's consistent profitability and efficiency.
