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. More details
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Farmers & Merchants Bancorp, Inc. Competitors Price History & Performance
Summary of share price highs, lows and changes for Farmers & Merchants Bancorp Historical stock prices Current Share Price US$27.53 52 Week High US$34.15 52 Week Low US$18.99 Beta 0.70 1 Month Change -6.52% 3 Month Change -0.073% 1 Year Change 24.97% 3 Year Change -10.91% 5 Year Change -6.68% Change since IPO 100.22%
Recent News & Updates
Third quarter dividend of US$0.22 announced Dec 20
Now 23% undervalued Dec 18
Farmers & Merchants Bancorp, Inc. Approves Cash Dividend for the Fourth-Quarter of 2024, Payable on January 20, 2025 Dec 18
Price target increased by 10% to US$29.38 Nov 07
Investor sentiment improves as stock rises 17% Nov 06
Price target increased by 8.3% to US$27.88 Nov 01 See more updates
Third quarter dividend of US$0.22 announced Dec 20
Now 23% undervalued Dec 18
Farmers & Merchants Bancorp, Inc. Approves Cash Dividend for the Fourth-Quarter of 2024, Payable on January 20, 2025 Dec 18
Price target increased by 10% to US$29.38 Nov 07
Investor sentiment improves as stock rises 17% Nov 06
Price target increased by 8.3% to US$27.88 Nov 01
Insufficient new directors Nov 01
Farmers & Merchants Bancorp, Inc. and Farmers & Merchants State Bank Announces Board Changes Oct 25
Now 21% undervalued after recent price drop Oct 21
Second quarter dividend of US$0.22 announced Sep 27
Now 21% undervalued Sep 17
Now 20% undervalued Aug 26
Price target increased by 9.6% to US$25.75 Aug 04
Second quarter 2024 earnings: EPS and revenues exceed analyst expectations Aug 02
Farmers & Merchants Bancorp, Inc. Reports Net Charge Offs for the Second Quarter Ended June 30, 2024 Aug 02
Now 26% overvalued after recent price rise Jul 23
Investor sentiment improves as stock rises 15% Jul 16
First quarter dividend of US$0.22 announced Jun 28
First quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind May 02
Fourth quarter dividend of US$0.22 announced Mar 22
Farmers & Merchants Bancorp, Inc. Approves Quarterly Cash Dividend, Payable on April 20, 2024 Mar 20
Farmers & Merchants Bancorp, Inc., Annual General Meeting, Apr 29, 2024 Mar 16
Independent Director recently bought US$74k worth of stock Mar 05
Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind Feb 29
Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind Feb 14
Farmers & Merchants Bancorp, Inc. Reports Net Charge-Offs for the Fourth Quarter Ended December 31, 2023 Feb 14
Now 21% undervalued Dec 28 Farmers & Merchants Bancorp, Inc. Appoints Ian D. Boyce to the Board of Directors
Third quarter 2023 earnings: EPS misses analyst expectations Oct 29
Farmers & Merchants Bancorp, Inc. Announces Executive Changes Oct 26
Farmers & Merchants Bancorp, Inc. Declares 2023 Third-Quarter Cash Dividend, Payable on October 20, 2023 Sep 27
Price target decreased by 11% to US$21.83 Sep 26
Consensus revenue estimates fall by 11% Aug 02
Now 21% undervalued Jul 31
Second quarter 2023 earnings: EPS and revenues miss analyst expectations Jul 28
Price target decreased by 8.0% to US$25.00 Jun 28
Farmers & Merchants Bancorp, Inc. Declares 2023 Second-Quarter Cash Dividend, Payable on July 20, 2023 Jun 28
Investor sentiment improves as stock rises 17% Jun 07
Investor sentiment improves as stock rises 16% May 23
Price target decreased by 12% to US$25.50 Apr 21
First quarter 2023 earnings: EPS and revenues miss analyst expectations Apr 21
Now 21% undervalued after recent price drop Mar 07
Independent Director recently bought US$52k worth of stock Mar 06
Full year 2022 earnings: EPS and revenues miss analyst expectations Feb 09
Farmers & Merchants Bancorp, Inc. Announces Net Charge-Offs for the Fourth Quarter of 2022 Feb 09
Now 21% undervalued Dec 30
Farmers & Merchants Bancorp, Inc. Declares 2022 Fourth-Quarter Cash Dividend, Payable on January 20, 2023 Dec 21
Now 22% undervalued after recent price drop Dec 15
Price target increased to US$30.25 Dec 14
Price target decreased to US$29.00 Nov 16
Now 22% undervalued after recent price drop Nov 12
Price target decreased to US$29.00 Oct 23
Third quarter 2022 earnings: Revenues exceed analyst expectations Oct 21
Farmers & Merchants Bancorp, Inc. Announces Net Charge Off for the Quarter Ended September 30, 2022 Oct 20
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, Inc. Announces Executive Changes Sep 21
Farmers & Merchants Bancorp (NASDAQ:FMAO) Has Announced That It Will Be Increasing Its Dividend To $0.21 Sep 20
Insider recently bought US$102k worth of stock Sep 17
Farmers & Merchants Bancorp, Inc. Approves Cash Dividend for the Third Quarter of 2022, Payable on October 20, 2022 Sep 17
Farmers & Merchants Bancorp raises dividend by 10.5% to $0.21 Sep 16
Second quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind Jul 22
Farmers & Merchants Bancorp GAAP EPS of $0.63 beats by $0.01, revenue of $25.18M beats by $3.01M Jul 21
Price target decreased to US$34.00 Jul 14
Consensus revenue estimates increase by 11% Jun 29 Farmers & Merchants Bancorp, Inc. Declares Special One-Time Cash Dividend, Payable on July 20, 2022
Independent Director recently bought US$102k worth of stock Jun 25
Farmers & Merchants Bancorp, Inc. (NasdaqCM:FMAO) entered into an agreement and plan of merger to acquire Peoples-Sidney Financial Corporation (OTCPK:PPSF) for $27.3 million. Jun 16
Farmers & Merchants Bancorp, Inc. (NasdaqCM:FMAO) entered into an agreement and plan of merger to acquire Peoples-Sidney Financial Corporation (OTCPK:PPSF) for $27.3 million. Jun 15
Now 21% undervalued Jun 14
Should You Be Adding Farmers & Merchants Bancorp (NASDAQ:FMAO) To Your Watchlist Today? Jun 09
Farmers & Merchants Bancorp, Inc. Announces Executive Changes Jun 02
First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind May 01
Farmers & Merchants Bancorp Continues To Reap The Fruits Of Its Prudence Apr 29
First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind Apr 21
Farmers & Merchants Bancorp, Inc. Reports Net Charge-Offs for the First Quarter Ended March 31, 2022 Apr 21
Farmers & Merchants Bancorp, Inc. Announces Resignation of Edward A. Leininger, Executive Vice President and Chief Operating Officer, Effective May 27, 2022 Apr 16
Price target increased to US$35.25 Mar 30
Farmers & Merchants Bancorp Has Almost No Overdue Loans Mar 03
Farmers & Merchants Bancorp, Inc., Annual General Meeting, Apr 12, 2022 Feb 26
Independent Director recently bought US$100k worth of stock Feb 19
Full year 2021 earnings: EPS and revenues exceed analyst expectations Feb 16
Farmers & Merchants Bancorp's (NASDAQ:FMAO) Dividend Will Be Increased To US$0.19 Dec 23
Price target increased to US$27.00 Oct 27
Third quarter 2021 earnings released: EPS US$0.53 (vs US$0.40 in 3Q 2020) Oct 22
Upcoming dividend of US$0.18 per share Sep 21
Farmers & Merchants Bancorp (NASDAQ:FMAO) Has Affirmed Its Dividend Of US$0.18 Sep 20
Consensus EPS estimates increase to US$1.98 Jul 28
Upgrade: Analysts Just Made A Notable Increase To Their Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO) Forecasts Jul 23
Second quarter 2021 earnings released: EPS US$0.44 (vs US$0.43 in 2Q 2020) Jul 23 Farmers & Merchants Bancorp, Inc.(NasdaqCM:FMAO) dropped from Russell 2000 Defensive Index Shareholder Returns FMAO US Banks US Market 7D 3.7% 1.4% -0.5% 1Y 25.0% 42.2% 24.3%
See full shareholder returns
Return vs Industry: FMAO underperformed the US Banks industry which returned 39.2% over the past year.
Return vs Market: FMAO matched the US Market which returned 25.2% over the past year.
Price Volatility Is FMAO's price volatile compared to industry and market? FMAO volatility FMAO Average Weekly Movement 6.3% Banks Industry Average Movement 5.1% Market Average Movement 6.5% 10% most volatile stocks in US Market 18.8% 10% least volatile stocks in US Market 3.3%
Stable Share Price: FMAO has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: FMAO's weekly volatility (6%) has been stable over the past year.
About the Company 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.
Show more Farmers & Merchants Bancorp, Inc. Fundamentals Summary How do Farmers & Merchants Bancorp's earnings and revenue compare to its market cap? FMAO fundamental statistics Market cap US$376.23m Earnings (TTM ) US$22.83m Revenue (TTM ) US$98.00m
Earnings & Revenue Key profitability statistics from the latest earnings report (TTM) FMAO income statement (TTM ) Revenue US$98.00m Cost of Revenue US$0 Gross Profit US$98.00m Other Expenses US$75.17m Earnings US$22.83m
Last Reported Earnings
Sep 30, 2024
Earnings per share (EPS) 1.69 Gross Margin 100.00% Net Profit Margin 23.30% Debt/Equity Ratio 97.0%
How did FMAO perform over the long term?
See historical performance and comparison Dividends
3.2% Current Dividend Yield
Company Analysis and Financial Data Status Data Last Updated (UTC time) Company Analysis 2025/01/30 00:21 End of Day Share Price 2025/01/30 00:00 Earnings 2024/09/30 Annual Earnings 2023/12/31
Data Sources The data used in our company analysis is from S&P Global Market Intelligence LLC . The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package Data Timeframe Example US Source * Company Financials 10 years Income statement Cash flow statement Balance sheet Analyst Consensus Estimates +3 years Forecast financials Analyst price targets Market Prices 30 years Stock prices Dividends, Splits and Actions Ownership 10 years Top shareholders Insider trading Management 10 years Leadership team Board of directors Key Developments 10 years
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here .
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Analyst Sources Farmers & Merchants Bancorp, Inc. is covered by 5 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst Institution Brendan Nosal Hovde Group, LLC Daniel Cardenas Janney Montgomery Scott LLC Brendan Nosal Piper Sandler Companies
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