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FMCB vs. FNF
Performance
Return for Risk
Dividends
Drawdowns
Volatility
Financials

Performance

FMCB vs. FNF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Farmers & Merchants Bancorp (FMCB) and Fidelity National Financial, Inc. (FNF). The values are adjusted to include any dividend payments, if applicable.

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FMCB vs. FNF - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FMCB
Farmers & Merchants Bancorp
2.14%6.83%2.04%2.51%11.29%28.38%1.00%11.65%5.62%7.90%
FNF
Fidelity National Financial, Inc.
-14.11%4.35%14.02%42.18%-21.64%38.04%-10.34%48.75%-17.22%65.53%

Fundamentals

Market Cap

FMCB:

$789.86M

FNF:

$12.52B

EPS

FMCB:

$133.85

FNF:

$2.21

PE Ratio

FMCB:

8.44

FNF:

20.96

PEG Ratio

FMCB:

0.66

FNF:

0.76

PS Ratio

FMCB:

2.61

FNF:

1.40

PB Ratio

FMCB:

1.22

FNF:

1.40

Total Revenue (TTM)

FMCB:

$303.13M

FNF:

$9.02B

Gross Profit (TTM)

FMCB:

$239.29M

FNF:

$5.28B

EBITDA (TTM)

FMCB:

$131.09M

FNF:

$1.75B

Returns By Period

In the year-to-date period, FMCB achieves a 2.14% return, which is significantly higher than FNF's -14.11% return. Over the past 10 years, FMCB has underperformed FNF with an annualized return of 9.07%, while FNF has yielded a comparatively higher 11.36% annualized return.


FMCB

1D
1.80%
1M
-4.48%
YTD
2.14%
6M
10.61%
1Y
15.64%
3Y*
5.69%
5Y*
9.70%
10Y*
9.07%

FNF

1D
1.49%
1M
-11.33%
YTD
-14.11%
6M
-18.88%
1Y
-23.28%
3Y*
15.58%
5Y*
8.09%
10Y*
11.36%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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Return for Risk

FMCB vs. FNF — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FMCB
FMCB Risk / Return Rank: 7575
Overall Rank
FMCB Sharpe Ratio Rank: 7474
Sharpe Ratio Rank
FMCB Sortino Ratio Rank: 6969
Sortino Ratio Rank
FMCB Omega Ratio Rank: 7070
Omega Ratio Rank
FMCB Calmar Ratio Rank: 8080
Calmar Ratio Rank
FMCB Martin Ratio Rank: 8181
Martin Ratio Rank

FNF
FNF Risk / Return Rank: 1111
Overall Rank
FNF Sharpe Ratio Rank: 99
Sharpe Ratio Rank
FNF Sortino Ratio Rank: 1212
Sortino Ratio Rank
FNF Omega Ratio Rank: 1212
Omega Ratio Rank
FNF Calmar Ratio Rank: 1515
Calmar Ratio Rank
FNF Martin Ratio Rank: 77
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FMCB vs. FNF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Farmers & Merchants Bancorp (FMCB) and Fidelity National Financial, Inc. (FNF). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


FMCBFNFDifference

Sharpe ratio

Return per unit of total volatility

0.98

-0.82

+1.80

Sortino ratio

Return per unit of downside risk

1.53

-1.00

+2.53

Omega ratio

Gain probability vs. loss probability

1.21

0.87

+0.34

Calmar ratio

Return relative to maximum drawdown

2.26

-0.76

+3.02

Martin ratio

Return relative to average drawdown

6.13

-1.61

+7.74

FMCB vs. FNF - Sharpe Ratio Comparison

The current FMCB Sharpe Ratio is 0.98, which is higher than the FNF Sharpe Ratio of -0.82. The chart below compares the historical Sharpe Ratios of FMCB and FNF, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


FMCBFNFDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.98

-0.82

+1.80

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.45

0.31

+0.13

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.43

0.41

+0.02

Sharpe Ratio (All Time)

Calculated using the full available price history

0.40

0.26

+0.14

Correlation

The correlation between FMCB and FNF is 0.02, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Dividends

FMCB vs. FNF - Dividend Comparison

FMCB's dividend yield for the trailing twelve months is around 2.16%, less than FNF's 4.32% yield.


TTM20252024202320222021202020192018201720162015
FMCB
Farmers & Merchants Bancorp
2.16%1.74%1.71%1.62%1.54%1.59%1.94%1.85%1.99%2.00%2.05%2.39%
FNF
Fidelity National Financial, Inc.
4.32%3.60%3.46%3.59%4.57%2.99%3.45%2.78%3.82%37.01%2.59%2.31%

Drawdowns

FMCB vs. FNF - Drawdown Comparison

The maximum FMCB drawdown since its inception was -42.00%, smaller than the maximum FNF drawdown of -72.49%. Use the drawdown chart below to compare losses from any high point for FMCB and FNF.


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Drawdown Indicators


FMCBFNFDifference

Max Drawdown

Largest peak-to-trough decline

-42.00%

-72.49%

+30.49%

Max Drawdown (1Y)

Largest decline over 1 year

-7.17%

-30.06%

+22.89%

Max Drawdown (5Y)

Largest decline over 5 years

-16.91%

-36.69%

+19.78%

Max Drawdown (10Y)

Largest decline over 10 years

-25.24%

-56.21%

+30.97%

Current Drawdown

Current decline from peak

-5.41%

-25.02%

+19.61%

Average Drawdown

Average peak-to-trough decline

-9.70%

-17.09%

+7.39%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.65%

14.16%

-11.51%

Volatility

FMCB vs. FNF - Volatility Comparison

The current volatility for Farmers & Merchants Bancorp (FMCB) is 5.11%, while Fidelity National Financial, Inc. (FNF) has a volatility of 10.26%. This indicates that FMCB experiences smaller price fluctuations and is considered to be less risky than FNF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FMCBFNFDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.11%

10.26%

-5.15%

Volatility (6M)

Calculated over the trailing 6-month period

11.97%

19.53%

-7.56%

Volatility (1Y)

Calculated over the trailing 1-year period

16.05%

28.52%

-12.47%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

21.71%

25.91%

-4.20%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

21.38%

28.05%

-6.67%

Financials

FMCB vs. FNF - Financials Comparison

This section allows you to compare key financial metrics between Farmers & Merchants Bancorp and Fidelity National Financial, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


-1.00B0.001.00B2.00B3.00B4.00B5.00BAprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025AprilJulyOctober
80.72M
-1.17B
(FMCB) Total Revenue
(FNF) Total Revenue
Values in USD except per share items

FMCB vs. FNF - Profitability Comparison

The chart below illustrates the profitability comparison between Farmers & Merchants Bancorp and Fidelity National Financial, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

0.0%20.0%40.0%60.0%80.0%100.0%AprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025AprilJulyOctober
80.1%
0
Portfolio components
FMCB - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Farmers & Merchants Bancorp reported a gross profit of 64.66M and revenue of 80.72M. Therefore, the gross margin over that period was 80.1%.

FNF - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Fidelity National Financial, Inc. reported a gross profit of 0.00 and revenue of -1.17B. Therefore, the gross margin over that period was 0.0%.

FMCB - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Farmers & Merchants Bancorp reported an operating income of 32.45M and revenue of 80.72M, resulting in an operating margin of 40.2%.

FNF - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Fidelity National Financial, Inc. reported an operating income of 0.00 and revenue of -1.17B, resulting in an operating margin of 0.0%.

FMCB - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Farmers & Merchants Bancorp reported a net income of 23.82M and revenue of 80.72M, resulting in a net margin of 29.5%.

FNF - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Fidelity National Financial, Inc. reported a net income of -117.00M and revenue of -1.17B, resulting in a net margin of 10.0%.