Farmers & Merchants Bancorp, Inc. (FMAO)

Market Cap	341.28M
Revenue (ttm)	101.19M
Net Income (ttm)	25.94M
Shares Out	13.55M
EPS (ttm)	1.90
PE Ratio	13.29
Forward PE	13.62
Dividend	$0.89 (3.51%)
Ex-Dividend Date	Dec 27, 2024

Volume	21,635
Open	25.83
Previous Close	25.50
Day's Range	25.00 - 26.02
52-Week Range	18.99 - 34.15
Beta	0.69
Analysts	Hold
Price Target	26.00 (+3.22%)
Earnings Date	Feb 12, 2025

About FMAO

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 livest...

• Industry: Banks - Regional
• Sector: Financials
• Founded: 1897
• Employees: 456
• Stock Exchange: NASDAQ
• Ticker Symbol: FMAO
• Website: https://www.fm.bank

Financial Performance

In 2024, FMAO's revenue was $101.19 million, an increase of 5.74% compared to the previous year's $95.69 million. Earnings were $25.94 million, an increase of 15.08%.

Analyst Forecast

According to 2 analysts, the average rating for FMAO stock is "Hold." The 12-month stock price forecast is $26.0, which is an increase of 3.22% from the latest price.

Price Target

$26.0

(3.22% upside)

Analyst Consensus: Hold