Farmers & Merchants Bancorp, Inc. (FMAO)

NASDAQ: FMAO · Real-Time Price · USD
24.52
-0.66 (-2.62%)
Oct 9, 2025, 4:00 PM EDT - Market closed
-2.62%
Market Cap332.63M
Revenue (ttm)108.63M
Net Income (ttm)29.00M
Shares Out 13.57M
EPS (ttm)2.16
PE Ratio11.36
Forward PE10.30
Dividend$0.89 (3.61%)
Ex-Dividend DateOct 10, 2025
Volume11,539
Open25.28
Previous Close25.18
Day's Range24.26 - 25.28
52-Week Range20.88 - 34.15
Beta0.88
Analystsn/a
Price Targetn/a
Earnings DateOct 29, 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, Northeast Indiana, and Southeast Michigan. 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 farm land, farm... [Read more]

Sector Financials
Founded 1897
Employees 473
Stock Exchange NASDAQ
Ticker Symbol FMAO
Full Company Profile

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 $25.43 million, an increase of 12.84%.

Financial Statements

News

Farmers & Merchants Bancorp, Inc. Announces 31st Consecutive Annual Increase in Dividend

Regular quarterly dividend increased 2.82% year-over-year, to $0.2275 per share Regular quarterly dividend increased 2.82% year-over-year, to $0.2275 per share

9 days ago - GlobeNewsWire

F&M's Annual Ohio and Indiana Golf Classics Raise $48,500 for Local Charities

ARCHBOLD, Ohio, Sept. 30, 2025 (GLOBE NEWSWIRE) -- F&M Bank (“F&M”), an Archbold, Ohio-based bank owned by Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO), recently celebrated the success of its 8th ...

9 days ago - GlobeNewsWire

Curtis Metz Promoted to Market President for Northern Indiana at F&M Bank

ARCHBOLD, Ohio, Sept. 11, 2025 (GLOBE NEWSWIRE) -- F&M Bank (“F&M”), an Archbold, Ohio-based bank owned by Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO), is proud to announce the promotion of Curti...

4 weeks ago - GlobeNewsWire

$10,000 in Cash Up for Grabs in F&M Bank's “The Great Briefcase Hunt”

ARCHBOLD, Ohio, Aug. 18, 2025 (GLOBE NEWSWIRE) -- F&M Bank (“F&M”), an Archbold, Ohio-based bank owned by Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO), is inviting the community to put on their de...

7 weeks ago - GlobeNewsWire

Farmers & Merchants Bancorp: Still Trading On Depressed Valuation Multiples

Farmers & Merchants Bancorp has been a typically quiet performer since my last update, with the shares unmoved by April's tariff drama and the subsequent rally. While loan growth is soft right now, cr...

2 months ago - Seeking Alpha

Farmers & Merchants Bancorp, Inc. Announces Opening of Second Full-Service Office in the State of Michigan

ARCHBOLD, Ohio, Aug. 07, 2025 (GLOBE NEWSWIRE) -- F&M Bank (“F&M”), an Archbold, Ohio-based bank owned by Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO), today announced the opening of its second fu...

2 months ago - GlobeNewsWire

Farmers & Merchants Bancorp, Inc. Reports 2025 Second-Quarter and Year-to-Date Financial Results

ARCHBOLD, Ohio, July 28, 2025 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO) today reported financial results for the 2025 second quarter and year-to-date ended June 30, 2025.

2 months ago - GlobeNewsWire

F&M Bank Announces Board Leadership Transition: Andrew Briggs to Step Down as Chairman, Kevin J. Sauder Named Successor

ARCHBOLD, Ohio, July 18, 2025 (GLOBE NEWSWIRE) -- F&M Bank (“F&M”), an Archbold, Ohio-based bank owned by Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO), announced that Andrew Briggs, Chairman of th...

2 months ago - GlobeNewsWire

Farmers & Merchants Bancorp: As Stable As It Gets, And On Sale

Farmers & Merchants Bancorp is a specialized, stable regional bank with a strong focus on agricultural lending and a long history of dividend growth. Q2 results were robust: record net income, rising ...

2 months ago - Seeking Alpha

F&M Bank Announces Appointment of Ahmed Alomari to Board of Directors

ARCHBOLD, Ohio, June 25, 2025 (GLOBE NEWSWIRE) -- F&M Bank (“F&M”), an Archbold, Ohio-based bank owned by Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO), announces the appointment of Ahmed Alomari t...

3 months ago - GlobeNewsWire

Farmers & Merchants Bancorp, Inc. Declares 2025 Second-Quarter Cash Dividend

ARCHBOLD, Ohio, June 24, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of Farmers & Merchants Bancorp, Inc., (Nasdaq: FMAO) the holding company of F&M Bank, with total assets of $3.39 billion at Mar...

3 months ago - GlobeNewsWire

F&M Bank Promotes Eric D. Faust to Executive Vice President

ARCHBOLD, Ohio, May 21, 2025 (GLOBE NEWSWIRE) -- F&M Bank (“F&M”), an Archbold, Ohio-based bank owned by Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO), is proud to announce the promotion of Eric D....

5 months ago - GlobeNewsWire

F&M Bank Announces Resignation of Board Member Jo Ellen Hornish

ARCHBOLD, Ohio, May 20, 2025 (GLOBE NEWSWIRE) -- F&M Bank (“F&M”), an Archbold, Ohio-based bank owned by Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO), today announced that Jo Ellen Hornish has res...

5 months ago - GlobeNewsWire

Farmers & Merchants Bancorp, Inc. Reports 2025 First-Quarter Financial Results

ARCHBOLD, Ohio, April 28, 2025 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO) today reported financial results for the 2025 first quarter ended March 31, 2025.

5 months ago - GlobeNewsWire

Farmers & Merchants Bancorp, Inc. Declares 2025 First-Quarter Cash Dividend

ARCHBOLD, Ohio, March 25, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of Farmers & Merchants Bancorp, Inc., (Nasdaq: FMAO) the holding company of F&M Bank, with total assets of $3.36 billion at De...

7 months ago - GlobeNewsWire

Farmers & Merchants Bancorp: Still Offering A Healthy Mix Of Quality And Value

2024 earnings were typically robust for agricultural bank Farmers & Merchants Bancorp. This bank has an excellent core deposit franchise, with that leading to very low funding costs and above-average ...

7 months ago - Seeking Alpha

Farmers & Merchants Bancorp: A Deeply Undervalued Dividend King

Farmers & Merchants Bancorp is a high-quality, resilient bank with a strong growth record, trading at a remarkably low P/E ratio of 8.5x. The bank's proven resilience to recessions and consistent earn...

8 months ago - Seeking Alpha

F&M Bank Welcomes Carly Buchanan as Chief People Officer

ARCHBOLD, Ohio, Feb. 14, 2025 (GLOBE NEWSWIRE) -- F&M Bank (“F&M”), an Archbold, Ohio-based bank owned by Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO) is pleased to announce Carly Buchanan as its ...

8 months ago - GlobeNewsWire

Farmers & Merchants Bancorp, Inc. Reports 2024 Fourth-Quarter and Full-Year Financial Results

ARCHBOLD, Ohio, Feb. 12, 2025 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO) today reported financial results for the 2024 fourth quarter and twelve months ended December 31, 202...

8 months ago - GlobeNewsWire

F&M Bank Welcomes Peter Schork as Regional President for Toledo, Ohio & Southeast Michigan

ARCHBOLD, Ohio, Feb. 10, 2025 (GLOBE NEWSWIRE) -- F&M Bank (“F&M”), an Archbold, Ohio-based bank owned by Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO) announced that Peter Schork has joined F&M as...

8 months ago - GlobeNewsWire

F&M Bank Welcomes Peter Schork as Market President for Toledo, OH & Birmingham, MI

ARCHBOLD, Ohio, Feb. 10, 2025 (GLOBE NEWSWIRE) -- F&M Bank (“F&M”), an Archbold, Ohio-based bank owned by Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO) announced that Peter Schork has joined F&M as...

8 months ago - GlobeNewsWire

F&M Bank Announces Key Leadership Promotions and Strategic Focus for the Future

ARCHBOLD, Ohio, Jan. 13, 2025 (GLOBE NEWSWIRE) -- F&M Bank (“F&M”), an Archbold, Ohio-based bank owned by Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO), is pleased to announce that Andrew Baker has...

9 months ago - GlobeNewsWire

Farmers & Merchants Bancorp, Inc. Declares 2024 Fourth-Quarter Cash Dividend

ARCHBOLD, Ohio, Dec. 17, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Farmers & Merchants Bancorp, Inc., (Nasdaq: FMAO) the holding company of F&M Bank, with total assets of $3.39 billion at Sep...

10 months ago - GlobeNewsWire

F&M Bank Announces Retirement of Eugene Burkholder from Board of Directors

ARCHBOLD, Ohio, Dec. 17, 2024 (GLOBE NEWSWIRE) -- F&M Bank (“F&M”), an Archbold, Ohio-based bank owned by Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO) announces the retirement of Eugene Burkholder...

10 months ago - GlobeNewsWire

Farmers & Merchants Bancorp: Exceptional Performance, Big Dividend Growth

Farmers & Merchants Bancorp has consistently raised dividends for nearly 60 years and offers strong dividend growth potential, making it a solid long-term buy. The bank demonstrated resilience with 2....

1 year ago - Seeking Alpha