Farmers & Merchants Bancorp Balance Sheet Health

Financial Health criteria checks 6/6

Farmers & Merchants Bancorp has total assets of $3.4B and total equity of $335.4M. Total deposits are $2.7B, and total loans are $2.5B. It earns a Net Interest Margin of 2.7%. It has sufficient allowance for bad loans, which are currently at 0.1% of total loans. Cash and short-term investments are $248.2M.

Key information

10.1x

Asset to equity ratio

2.7%

Net interest margin

Total deposits	US$2.68b
Loan to deposit ratio	Appropriate
Bad loans	0.1%
Allowance for bad loans	Sufficient
Current ratio	Low
Cash & equivalents	US$248.23m

Recent financial health updates

No 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 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

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 (NASDAQ:FMAO) Has Affirmed Its Dividend Of US$0.18

Sep 20

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

Jul 23

Farmers & Merchants Bancorp declares $0.17 dividend

Jun 16

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

May 04

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Financial Institutions Analysis

Asset Level: FMAO's Assets to Equity ratio (10.1x) is moderate.

Allowance for Bad Loans: FMAO has a sufficient allowance for bad loans (879%).

Low Risk Liabilities: 88% of FMAO's liabilities are made up of primarily low risk sources of funding.

Loan Level: FMAO has an appropriate level of Loans to Assets ratio (74%).

Low Risk Deposits: FMAO's Loans to Deposits ratio (94%) is appropriate.

Level of Bad Loans: FMAO has an appropriate level of bad loans (0.1%).

Farmers & Merchants Bancorp Balance Sheet Health

Financial Health criteria checks 6/6

Key information

Recent financial health updates

Recent updates

Price target increased by 8.3% to US$27.88

Insufficient new directors

Farmers & Merchants Bancorp, Inc. and Farmers & Merchants State Bank Announces Board Changes

Now 21% undervalued after recent price drop

Second quarter dividend of US$0.22 announced

Now 21% undervalued

Now 20% undervalued

Price target increased by 9.6% to US$25.75

Second quarter 2024 earnings: EPS and revenues exceed analyst expectations

Farmers & Merchants Bancorp, Inc. Reports Net Charge Offs for the Second Quarter Ended June 30, 2024

Now 26% overvalued after recent price rise

Investor sentiment improves as stock rises 15%

First quarter dividend of US$0.22 announced

First quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

Fourth quarter dividend of US$0.22 announced

Farmers & Merchants Bancorp, Inc. Approves Quarterly Cash Dividend, Payable on April 20, 2024

Farmers & Merchants Bancorp, Inc., Annual General Meeting, Apr 29, 2024

Independent Director recently bought US$74k worth of stock

Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Farmers & Merchants Bancorp, Inc. Reports Net Charge-Offs for the Fourth Quarter Ended December 31, 2023

Now 21% undervalued

Farmers & Merchants Bancorp, Inc. Appoints Ian D. Boyce to the Board of Directors

Third quarter 2023 earnings: EPS misses analyst expectations

Farmers & Merchants Bancorp, Inc. Announces Executive Changes

Farmers & Merchants Bancorp, Inc. Declares 2023 Third-Quarter Cash Dividend, Payable on October 20, 2023

Price target decreased by 11% to US$21.83

Consensus revenue estimates fall by 11%

Now 21% undervalued

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

Price target decreased by 8.0% to US$25.00

Farmers & Merchants Bancorp, Inc. Declares 2023 Second-Quarter Cash Dividend, Payable on July 20, 2023

Investor sentiment improves as stock rises 17%

Investor sentiment improves as stock rises 16%

Price target decreased by 12% to US$25.50

First quarter 2023 earnings: EPS and revenues miss analyst expectations

Now 21% undervalued after recent price drop

Independent Director recently bought US$52k worth of stock

Full year 2022 earnings: EPS and revenues miss analyst expectations

Farmers & Merchants Bancorp, Inc. Announces Net Charge-Offs for the Fourth Quarter of 2022

Now 21% undervalued

Farmers & Merchants Bancorp, Inc. Declares 2022 Fourth-Quarter Cash Dividend, Payable on January 20, 2023

Now 22% undervalued after recent price drop

Price target increased to US$30.25

Price target decreased to US$29.00

Now 22% undervalued after recent price drop

Price target decreased to US$29.00

Third quarter 2022 earnings: Revenues exceed analyst expectations

Farmers & Merchants Bancorp, Inc. Announces Net Charge Off for the Quarter Ended September 30, 2022

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

Farmers & Merchants Bancorp: Growing Bank To Consider

Farmers & Merchants Bancorp, Inc. Announces Executive Changes

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

Insider recently bought US$102k worth of stock

Farmers & Merchants Bancorp, Inc. Approves Cash Dividend for the Third Quarter of 2022, Payable on October 20, 2022

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

Second quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

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

Price target decreased to US$34.00

Consensus revenue estimates increase by 11%

Farmers & Merchants Bancorp, Inc. Declares Special One-Time Cash Dividend, Payable on July 20, 2022

Independent Director recently bought US$102k worth of stock

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.

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.

Now 21% undervalued

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

Farmers & Merchants Bancorp, Inc. Announces Executive Changes

First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

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

First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Farmers & Merchants Bancorp, Inc. Reports Net Charge-Offs for the First Quarter Ended March 31, 2022

Farmers & Merchants Bancorp, Inc. Announces Resignation of Edward A. Leininger, Executive Vice President and Chief Operating Officer, Effective May 27, 2022

Price target increased to US$35.25

Farmers & Merchants Bancorp Has Almost No Overdue Loans

Farmers & Merchants Bancorp, Inc., Annual General Meeting, Apr 12, 2022

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

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