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Farmers and Merchants BancsharesFMBN 54 Equity-to-Asset is 0.06 as of Dec. 2025, which is at its 10-year median of 0.06. GuruFocus rates FMBN with a GF Score™ of 54/100 and a GF Value™ of $24.00 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,524 Banks companies, Farmers and Merchants Bancshares ranks worse than 84.71% on this metric.
The historical rank and industry rank for Farmers and Merchants Bancshares's Equity-to-Asset or its related term are showing as below:
FMBN'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.02 Med: 0.06 Max: 0.11
Current: 0.06
During the past 11 years, the highest Equity to Asset Ratio of Farmers and Merchants Bancshares was 0.11. The lowest was 0.02. And the median was 0.06.
FMBN's Equity-to-Asset is ranked worse than 84.71% of 1524
companies
in the Banks industry
Industry Median: 0.1
vs FMBN: 0.06
Farmers and Merchants Bancshares (OTCPK:FMBN) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Farmers and Merchants Bancshares Equity-to-Asset Related Terms
Farmers and Merchants Bancshares Equity-to-Asset Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Farmers and Merchants Bancshares Equity-to-Asset Chart
FMBN vs BOTJ, CMHF, HYNE: Equity-to-Asset Comparison
For the Banks - Regional subindustry, Farmers and Merchants Bancshares's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Farmers and Merchants Bancshares Equity-to-Asset vs Banks Industry
For the Banks industry and Financial Services sector, Farmers and Merchants Bancshares's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Farmers and Merchants Bancshares's Equity-to-Asset falls into.
Farmers and Merchants Bancshares Equity-to-Asset Calculation
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Farmers and Merchants Bancshares (FMBN) has a Equity-to-Asset of 0.06 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Farmers and Merchants Bancshares and its competitors. This is near median its historical median of 0.06. Over the past decade, Farmers and Merchants Bancshares' Equity-to-Asset has ranged from 0.02 to 0.11. According to the industry distribution chart, Farmers and Merchants Bancshares ranks #1291 out of 1524 companies in the Banks industry, placing it in the top 84.7%.
Is Farmers and Merchants Bancshares' Equity-to-Asset too high?
Farmers and Merchants Bancshares' current Equity-to-Asset of 0.06 is near median its 10-year median of 0.06. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.11. The Banks industry median Equity-to-Asset is 0.10. Farmers and Merchants Bancshares' value of 0.06 is 40% below this industry median. Based on the distribution chart, Farmers and Merchants Bancshares ranks #1291 out of 1524 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Farmers and Merchants Bancshares has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Farmers and Merchants Bancshares' Equity-to-Asset compare to BOTJ and CMHF?
According to the Banks industry distribution chart, Farmers and Merchants Bancshares ranks #1291 out of 1524 companies for Equity-to-Asset. This places Farmers and Merchants Bancshares in the lower half of its industry. The industry median Equity-to-Asset is 0.10. Farmers and Merchants Bancshares' value of 0.06 is 40% below this benchmark. Historically, Farmers and Merchants Bancshares' own Equity-to-Asset has ranged from 0.02 to 0.11 over the past decade. While the company's 10-year median is 0.06 vs. the industry median of 0.10, Farmers and Merchants Bancshares has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Banks company?
The median Equity-to-Asset among Banks companies is 0.10, based on 1,524 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Farmers and Merchants Bancshares's current Equity-to-Asset of 0.06 is 40% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Farmers and Merchants Bancshares and its competitors. For the Banks industry, the median Equity-to-Asset is 0.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Farmers and Merchants Bancshares's current Equity-to-Asset is 0.06, which is near median its own 10-year median of 0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Farmers and Merchants Bancshares stock overvalued right now?
Based on GuruFocus' analysis, Farmers and Merchants Bancshares (FMBN) is currently considered Significantly Overvalued. The stock's GF Value™ is $24.00, compared to a current price of $38.00 — trading 58.3% above its estimated fair value. The current Equity-to-Asset is 0.06, which is near median its 10-year median of 0.06 and 40% below the Banks industry median of 0.10. Farmers and Merchants Bancshares' overall GF Score™ is 54/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Farmers and Merchants Bancshares (FMBN), the current Equity-to-Asset is 0.06 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Farmers and Merchants Bancshares (FMBN) Overvalued in 2026?
Based on GuruFocus' analysis, Farmers and Merchants Bancshares stock appears to be overvalued.
The current stock price of $38.00 is trading 58.3% above its estimated GF Value™ of $24.00.
GuruFocus considers Farmers and Merchants Bancshares to be Significantly Overvalued.
Key valuation signals for FMBN:
Equity-to-Asset: 0.06 (near median its 10-year median of 0.06)
GF Value™: $24.00 vs. price of $38.00 (58.3% above fair value)
Industry Position: 40% below the Banks median (#1291 of 1524)
No single metric tells the full story. See the FMBN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Farmers and Merchants Bancshares Inc is a bank holding company. The company provides financial services through its offices in the greater Burlington, Iowa area. Its primary deposit products are checking, savings, and term certificate accounts, and its primary lending products are residential mortgage, agricultural, commercial and installment loans.
54GF Score
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