Farmers & Merchants Bancorp, Inc.

NasdaqCM:FMAO Stock Report

Market Cap: US$401.0m

Farmers & Merchants Bancorp Past Earnings Performance

Past criteria checks 2/6

Farmers & Merchants Bancorp has been growing earnings at an average annual rate of 7.1%, while the Banks industry saw earnings growing at 7% annually. Revenues have been growing at an average rate of 10.5% per year. Farmers & Merchants Bancorp's return on equity is 6.9%, and it has net margins of 23.3%.

Key information

7.1%

Earnings growth rate

1.9%

EPS growth rate

Banks Industry Growth11.2%
Revenue growth rate10.5%
Return on equity6.9%
Net Margin23.3%
Last Earnings Update30 Sep 2024

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

Revenue & Expenses Breakdown

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
30 Sep 249823620
30 Jun 249521620
31 Mar 249521610
31 Dec 239623600
30 Sep 239824570
30 Jun 2310028550
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

Quality Earnings: FMAO has high quality earnings.

Growing Profit Margin: FMAO's current net profit margins (23.3%) are lower than last year (24.6%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: FMAO's earnings have grown by 7.1% 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 (-5.6%) over the past year, making it difficult to compare to the Banks industry average (-11.8%).


Return on Equity

High ROE: FMAO's Return on Equity (6.9%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/27 08:28
End of Day Share Price 2024/12/27 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

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.

AnalystInstitution
Brendan NosalHovde Group, LLC
Daniel CardenasJanney Montgomery Scott LLC
Brendan NosalPiper Sandler Companies