company background image
FMAO

Farmers & Merchants Bancorp NasdaqCM:FMAO Stock Report

Last Price

US$27.75

Market Cap

US$374.5m

7D

-6.7%

1Y

-4.3%

Updated

29 Nov, 2022

Data

Company Financials +
FMAO fundamental analysis
Snowflake Score
Valuation2/6
Future Growth1/6
Past Performance5/6
Financial Health6/6
Dividends5/6

FMAO Stock Overview

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.

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$27.75
52 Week HighUS$42.14
52 Week LowUS$25.17
Beta0.41
1 Month Change-5.32%
3 Month Change-2.84%
1 Year Change-4.34%
3 Year Change7.48%
5 Year Change-29.60%
Change since IPO101.82%

Recent News & Updates

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

Oct 19

Recent updates

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

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'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

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

Shareholder Returns

FMAOUS BanksUS Market
7D-6.7%-0.4%-0.9%
1Y-4.3%-13.2%-18.9%

Return vs Industry: FMAO exceeded the US Banks industry which returned -15.7% over the past year.

Return vs Market: FMAO exceeded the US Market which returned -20.5% over the past year.

Price Volatility

Is FMAO's price volatile compared to industry and market?
FMAO volatility
FMAO Average Weekly Movement6.2%
Banks Industry Average Movement4.1%
Market Average Movement7.4%
10% most volatile stocks in US Market15.5%
10% least volatile stocks in US Market3.3%

Stable Share Price: FMAO is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: FMAO's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1897392Lars Ellerhttps://www.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 and credit card 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$374.50m
Earnings (TTM)US$32.73m
Revenue (TTM)US$95.89m

11.4x

P/E Ratio

1.3x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
FMAO income statement (TTM)
RevenueUS$95.89m
Cost of RevenueUS$0
Gross ProfitUS$95.89m
Other ExpensesUS$63.16m
EarningsUS$32.73m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)2.43
Gross Margin100.00%
Net Profit Margin34.13%
Debt/Equity Ratio72.2%

How did FMAO perform over the long term?

See historical performance and comparison

Dividends

3.0%

Current Dividend Yield

31%

Payout Ratio