Farmers and Merchants Bancshares (MD)'s quarterly market cap
increased
from Sep. 2025 ($54.10 Mil) to Dec. 2025 ($55.62 Mil) and
increased
from Dec. 2025 ($55.62 Mil) to Mar. 2026 ($55.63 Mil).
Farmers and Merchants Bancshares (MD)'s annual market cap
increased
from Dec. 2023 ($54.55 Mil) to Dec. 2024 ($64.96 Mil) but then
declined
from Dec. 2024 ($64.96 Mil) to Dec. 2025 ($55.62 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Farmers and Merchants Bancshares (MD)'s Enterprise Value for Today is $84.73 Mil.
Farmers and Merchants Bancshares (MD) (OTCPK:FMFG) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Farmers and Merchants Bancshares (MD) Market Cap Related Terms
Farmers and Merchants Bancshares (MD) Market Cap 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 (MD) Market Cap Chart
For the Banks - Regional subindustry, Farmers and Merchants Bancshares (MD)'s Market Cap, along with its competitors' market caps and Market Cap 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 (MD) Market Cap vs Banks Industry
Farmers and Merchants Bancshares (MD) Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
* 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 (MD) (FMFG) has a Market Cap of $58.24 Mil as of Jun. 27, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Farmers and Merchants Bancshares (MD) and its competitors. According to the industry distribution chart, Farmers and Merchants Bancshares (MD) ranks #1371 out of 1544 companies in the Banks industry, placing it in the top 88.8%.
Is Farmers and Merchants Bancshares (MD)'s Market Cap too high?
Farmers and Merchants Bancshares (MD)'s current Market Cap is $58.24 Mil. The Banks industry median Market Cap is 705.40. Farmers and Merchants Bancshares (MD)'s value of $58.24 Mil is 91.7% below this industry median. Based on the distribution chart, Farmers and Merchants Bancshares (MD) ranks #1371 out of 1544 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Farmers and Merchants Bancshares (MD) has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Farmers and Merchants Bancshares (MD)'s Market Cap compare to FFBW and BBBK?
According to the Banks industry distribution chart, Farmers and Merchants Bancshares (MD) ranks #1371 out of 1544 companies for Market Cap. This places Farmers and Merchants Bancshares (MD) in the lower half of its industry. The industry median Market Cap is 705.40. Farmers and Merchants Bancshares (MD)'s value of $58.24 Mil is 91.7% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Banks company?
The median Market Cap among Banks companies is 705.40, based on 1,544 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Farmers and Merchants Bancshares (MD)'s current Market Cap of $58.24 Mil is 91.7% 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 Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Farmers and Merchants Bancshares (MD) and its competitors. For the Banks industry, the median Market Cap is 705.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Farmers and Merchants Bancshares (MD)'s current Market Cap is $58.24 Mil. 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 (MD) stock overvalued right now?
Based on GuruFocus' analysis, Farmers and Merchants Bancshares (MD) (FMFG) is currently considered Fairly Valued. The stock's GF Value™ is $18.78, compared to a current price of $18.00 — trading 4.2% below its estimated fair value. The current Market Cap is $58.24 Mil and 91.7% below the Banks industry median of 705.40. Farmers and Merchants Bancshares (MD)'s overall GF Score™ is 64/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Farmers and Merchants Bancshares (MD) (FMFG), the current Market Cap is $58.24 Mil as of Jun. 27, 2026. 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 (MD) (FMFG) Overvalued in 2026?
Based on GuruFocus' analysis, Farmers and Merchants Bancshares (MD) stock appears to be undervalued.
The current stock price of $18.00 is trading 4.2% below its estimated GF Value™ of $18.78.
GuruFocus considers Farmers and Merchants Bancshares (MD) to be Fairly Valued.
Key valuation signals for FMFG:
Market Cap: $58.24 Mil
GF Value™: $18.78 vs. price of $18.00 (4.2% below fair value)
Industry Position: 91.7% below the Banks median (#1371 of 1544)
No single metric tells the full story. See the FMFG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Farmers and Merchants Bancshares (MD) Business Description
Farmers and Merchants Bancshares Inc (MD) is an independent community bank, offering a broad range of financial services. The Bank provides banking services to individuals and businesses located in Baltimore County, Maryland, Carroll County, Maryland, and surrounding areas of northern Maryland. It provides Personal, Business, and Electronic banking services.
64GF Score
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