Farmers & Merchants Bancorp, Inc.

NasdaqCM:FMAO Stock Report

Market Cap: US$270.7m

Farmers & Merchants Bancorp Past Earnings Performance

Past criteria checks 2/6

Farmers & Merchants Bancorp has been growing earnings at an average annual rate of 13.8%, while the Banks industry saw earnings growing at 10.3% annually. Revenues have been growing at an average rate of 13.6% per year. Farmers & Merchants Bancorp's return on equity is 7.2%, and it has net margins of 23.6%.

Key information

13.8%

Earnings growth rate

7.3%

EPS growth rate

Banks Industry Growth11.2%
Revenue growth rate13.6%
Return on equity7.2%
Net Margin23.6%
Last Earnings Update31 Dec 2023

Recent past performance 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

Revenue & Expenses Breakdown
Beta

How Farmers & Merchants Bancorp makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NasdaqCM:FMAO Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 239623600
30 Sep 239824600
30 Jun 2310028570
31 Mar 239931530
31 Dec 229832500
30 Sep 229633470
30 Jun 229330460
31 Mar 228926460
31 Dec 218423440
30 Sep 217922440
30 Jun 217521430
31 Mar 217221410
31 Dec 206920400
30 Sep 206518380
30 Jun 206318360
31 Mar 206519370
31 Dec 196418370
30 Sep 196117350
30 Jun 195816340
31 Mar 195414310
31 Dec 185015280
30 Sep 185015280
30 Jun 184914270
31 Mar 184814260
31 Dec 174713260
30 Sep 174612260
30 Jun 174512260
31 Mar 174412260
31 Dec 164412240
30 Sep 164311250
30 Jun 164211250
31 Mar 164110250
31 Dec 154010240
30 Sep 154010240
30 Jun 154010240
31 Mar 153910240
31 Dec 143910230
30 Sep 14389230
30 Jun 14379230
31 Mar 14379220
31 Dec 13379220
30 Sep 13379220
30 Jun 133710220

Quality Earnings: FMAO has high quality earnings.

Growing Profit Margin: FMAO's current net profit margins (23.6%) are lower than last year (33%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: FMAO's earnings have grown by 13.8% per year over the past 5 years.

Accelerating Growth: FMAO's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: FMAO had negative earnings growth (-30.1%) over the past year, making it difficult to compare to the Banks industry average (-8.9%).


Return on Equity

High ROE: FMAO's Return on Equity (7.2%) is considered low.


Return on Assets


Return on Capital Employed


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