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Farmers & Merchants Bancorp NasdaqCM:FMAO Stock Report

Last Price

US$28.09

Market Cap

US$381.7m

7D

12.9%

1Y

24.4%

Updated

26 Jul, 2024

Data

Company Financials +

Farmers & Merchants Bancorp, Inc.

NasdaqCM:FMAO Stock Report

Market Cap: US$381.7m

FMAO Stock Overview

Operates as the bank holding company for The Farmers & Merchants State Bank that provides commercial banking services to individuals and small businesses in Northwest Ohio and Northeast Indiana.

FMAO fundamental analysis
Snowflake Score
Valuation0/6
Future Growth1/6
Past Performance2/6
Financial Health6/6
Dividends4/6

Farmers & Merchants Bancorp, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Farmers & Merchants Bancorp
Historical stock prices
Current Share PriceUS$28.09
52 Week HighUS$28.60
52 Week LowUS$16.90
Beta0.65
11 Month Change24.68%
3 Month Change29.33%
1 Year Change24.40%
33 Year Change27.91%
5 Year Change11.87%
Change since IPO104.29%

Recent News & Updates

Recent updates

Farmers & Merchants Bancorp GAAP EPS of $0.68 misses by $0.03, revenue of $26.32M beats by $3.37M

Oct 19

Farmers & Merchants Bancorp: Growing Bank To Consider

Sep 23

Farmers & Merchants Bancorp (NASDAQ:FMAO) Has Announced That It Will Be Increasing Its Dividend To $0.21

Sep 20
Farmers & Merchants Bancorp (NASDAQ:FMAO) Has Announced That It Will Be Increasing Its Dividend To $0.21

Farmers & Merchants Bancorp raises dividend by 10.5% to $0.21

Sep 16

Farmers & Merchants Bancorp GAAP EPS of $0.63 beats by $0.01, revenue of $25.18M beats by $3.01M

Jul 21

Should You Be Adding Farmers & Merchants Bancorp (NASDAQ:FMAO) To Your Watchlist Today?

Jun 09
Should You Be Adding Farmers & Merchants Bancorp (NASDAQ:FMAO) To Your Watchlist Today?

Farmers & Merchants Bancorp Continues To Reap The Fruits Of Its Prudence

Apr 29

Farmers & Merchants Bancorp Has Almost No Overdue Loans

Mar 03

Farmers & Merchants Bancorp's (NASDAQ:FMAO) Dividend Will Be Increased To US$0.19

Dec 23
Farmers & Merchants Bancorp's (NASDAQ:FMAO) Dividend Will Be Increased To US$0.19

Farmers & Merchants Bancorp (NASDAQ:FMAO) Has Affirmed Its Dividend Of US$0.18

Sep 20
Farmers & Merchants Bancorp (NASDAQ:FMAO) Has Affirmed Its Dividend Of US$0.18

Upgrade: Analysts Just Made A Notable Increase To Their Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO) Forecasts

Jul 23
Upgrade: Analysts Just Made A Notable Increase To Their Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO) Forecasts

Farmers & Merchants Bancorp declares $0.17 dividend

Jun 16

What Makes Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO) A Great Dividend Stock?

May 04
What Makes Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO) A Great Dividend Stock?

Here's Why I Think Farmers & Merchants Bancorp (NASDAQ:FMAO) Is An Interesting Stock

Mar 21
Here's Why I Think Farmers & Merchants Bancorp (NASDAQ:FMAO) Is An Interesting Stock

Farmers & Merchants Bancorp (NASDAQ:FMAO) Has Compensated Shareholders With A Respectable 89% Return On Their Investment

Feb 14
Farmers & Merchants Bancorp (NASDAQ:FMAO) Has Compensated Shareholders With A Respectable 89% Return On Their Investment

Farmers & Merchants Bancorp acquires of Ossian Financial Services

Dec 21

Farmers & Merchants Bancorp purchases assets and clients of Adams County Financial Resources

Dec 02

Shareholder Returns

FMAOUS BanksUS Market
7D12.9%0.7%-2.4%
1Y24.4%28.9%17.5%

Return vs Industry: FMAO underperformed the US Banks industry which returned 28.9% over the past year.

Return vs Market: FMAO exceeded the US Market which returned 17.5% over the past year.

Price Volatility

Is FMAO's price volatile compared to industry and market?
FMAO volatility
FMAO Average Weekly Movement7.0%
Banks Industry Average Movement4.3%
Market Average Movement6.0%
10% most volatile stocks in US Market14.9%
10% least volatile stocks in US Market3.0%

Stable Share Price: FMAO's share price has been volatile over the past 3 months.

Volatility Over Time: FMAO's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1897465Lars Ellerwww.fm.bank

Farmers & Merchants Bancorp, Inc. operates as the bank holding company for The Farmers & Merchants State Bank that provides commercial banking services to individuals and small businesses in Northwest Ohio and Northeast Indiana. The company offers checking, savings, and time deposit accounts; certificates of deposit; and custodial services for individual retirement and health savings accounts. It also provides commercial, agricultural, and residential mortgage, as well as consumer lending products; loans for farmland, farm equipment, and livestock; operating loans for seeds, fertilizers, and feeds; home improvement loans; and loans for autos, trucks, recreational vehicles, and motorcycles.

Farmers & Merchants Bancorp, Inc. Fundamentals Summary

How do Farmers & Merchants Bancorp's earnings and revenue compare to its market cap?
FMAO fundamental statistics
Market capUS$381.70m
Earnings (TTM)US$21.44m
Revenue (TTM)US$95.33m

17.7x

P/E Ratio

1.2x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FMAO income statement (TTM)
RevenueUS$95.33m
Cost of RevenueUS$0
Gross ProfitUS$95.33m
Other ExpensesUS$73.90m
EarningsUS$21.44m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.58
Gross Margin100.00%
Net Profit Margin22.49%
Debt/Equity Ratio100.6%

How did FMAO perform over the long term?

See historical performance and comparison

Dividends

3.1%

Current Dividend Yield

54%

Payout Ratio
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