Farmers & Merchants Bancshares, Inc. (FMFG) › Shares OutstandingFarmers & Merchants Bancshares, Inc. (FMFG) — Shares OutstandingAnnual figures by fiscal year, from SEC filings.2016: 1.66M2017: 1.67M2018: 1.68M2019: 2.97M2020: 3.01M2021: 3.04M2022: 3.07M2023: 3.12M2024: 3.17M2025: 3.23M3.23M2016Shares Outstanding (shares)2025Fiscal YearShares OutstandingChange YoY20253.23M+2.0%20243.17M+1.6%20233.12M+1.5%20223.07M+1.1%20213.04M+0.9%20203.01M+1.3%20192.97M+76.7%20181.68M+0.9%20171.67M+0.7%20161.66M—Other metrics: RevenueCost of RevenueGross ProfitOperating IncomeNet IncomeEPS (Diluted)Total AssetsTotal LiabilitiesShareholders' EquityCash & EquivalentsOperating Cash FlowCapital ExpendituresDividends Per Share