FMBN (Farmers and Merchants Bancshares) Tax Rate %: 20.50% (As of Dec. 2025)

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FMBN Farmers and Merchants Bancshares Inc FMBN
54 GF Score
Price $38.00
GF Value $24.00
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Farmers and Merchants Bancshares Tax Rate %?

Farmers and Merchants Bancshares FMBN 54 Tax Rate % is 20.50% as of Dec. 2025. 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.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Farmers and Merchants Bancshares's Tax Expense for the six months ended in Dec. 2025 was $0.29 Mil. Farmers and Merchants Bancshares's Pre-Tax Income for the six months ended in Dec. 2025 was $1.41 Mil. Therefore, Farmers and Merchants Bancshares's Tax Rate % for the quarter that ended in Dec. 2025 was 20.50%.

Farmers and Merchants Bancshares Tax Rate % Related Terms

Farmers and Merchants Bancshares Tax Rate % Historical Data

* Premium members only.

The historical data trend for Farmers and Merchants Bancshares's Tax Rate % can be seen below:

* 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 Tax Rate % Chart

Farmers and Merchants Bancshares Annual Data
Trend Dec04 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.01 19.94 57.07 15.57 20.50

Farmers and Merchants Bancshares Semi-Annual Data
Dec03 Dec04 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 15.01 19.94 57.07 15.57 20.50
FMBN
54GF Score
Farmers and Merchants Bancshares Inc FMBN
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Farmers and Merchants Bancshares Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Farmers and Merchants Bancshares's Tax Rate % for the fiscal year that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2025 )/Pre-Tax Income (A: Dec. 2025 )
=0.289/1.41
=20.50 %

Farmers and Merchants Bancshares's Tax Rate % for the quarter that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2025 )/Pre-Tax Income (Q: Dec. 2025 )
=0.289/1.41
=20.50 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 20.50% mean?
Farmers and Merchants Bancshares (FMBN) has a Tax Rate % of 20.50% as of Dec. 2025.
Is Farmers and Merchants Bancshares' Tax Rate % too high?
Farmers and Merchants Bancshares' current Tax Rate % is 20.50%. 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' Tax Rate % compare to BOTJ and CMHF?
Farmers and Merchants Bancshares' Tax Rate % of 20.50% can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Banks company?
A good Tax Rate % depends on the Banks industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Farmers and Merchants Bancshares's current Tax Rate % is 20.50%. 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 Tax Rate % is 20.50%. 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 Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Farmers and Merchants Bancshares (FMBN), the current Tax Rate % is 20.50% 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:

  • Tax Rate %: 20.50%
  • GF Value™: $24.00 vs. price of $38.00 (58.3% above fair value)
  • GF Score™: 54/100 with 7 warning signs

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 Business Description

Address 221 Jefferson Street, Burlington, IA, USA, 52601
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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Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$38.00
Price
$24.00
GF Value