Farmers & Merchants Bancorp, Inc. (FMAO)

Market Cap	340.27M
Revenue (ttm)	95.33M
Net Income (ttm)	21.68M
Shares Out	13.68M
EPS (ttm)	1.59
PE Ratio	15.64
Forward PE	15.81
Dividend	$0.88 (3.54%)
Ex-Dividend Date	Jul 5, 2024

Volume	46,116
Open	24.70
Previous Close	24.71
Day's Range	24.32 - 25.46
52-Week Range	16.90 - 27.78
Beta	0.65
Analysts	Hold
Price Target	24.00 (-3.5%)
Earnings Date	Jul 24, 2024

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

Financial Performance

In 2023, FMAO's revenue was $95.69 million, a decrease of -2.08% compared to the previous year's $97.72 million. Earnings were $22.79 million, a decrease of -29.92%.

Analyst Forecast

According to 3 analysts, the average rating for FMAO stock is "Hold." The 12-month stock price forecast is $24.0, which is a decrease of -3.50% from the latest price.

Price Target

$24.0

(-3.50% downside)

Analyst Consensus: Hold