Farmers & Merchants Bancorp, Inc. (FMAO)
| Market Cap | 405.36M |
| Revenue (ttm) | 98.00M |
| Net Income (ttm) | 22.83M |
| Shares Out | 13.55M |
| EPS (ttm) | 1.69 |
| PE Ratio | 17.71 |
| Forward PE | 16.00 |
| Dividend | $0.88 (2.96%) |
| Ex-Dividend Date | Oct 4, 2024 |
| Volume | 71,854 |
| Open | 28.91 |
| Previous Close | 29.46 |
| Day's Range | 28.91 - 30.25 |
| 52-Week Range | 18.99 - 34.15 |
| Beta | 0.68 |
| Analysts | Hold |
| Price Target | 26.00 (-13.1%) |
| Earnings Date | Feb 11, 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... [Read more]
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 $22.54 million, a decrease of -30.07%.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for FMAO stock is "Hold." The 12-month stock price forecast is $26.0, which is a decrease of -13.10% from the latest price.
News
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...
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...
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....
Farmers & Merchants Bancorp, Inc. Reports 2024 Third-Quarter and Year-to-Date Financial Results
ARCHBOLD, Ohio, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO) today reported financial results for the 2024 third quarter and year-to-date ended September 30, 2024...
Farmers & Merchants Bancorp, Inc. and F&M Bank Announces Updates to Board of Directors
Kevin Frey Appointed to Board of Directors Dr. K. Brad Stamm to Retire from Board of Directors ARCHBOLD, Ohio, Oct. 24, 2024 (GLOBE NEWSWIRE) -- F&M Bank (“F&M”), an Archbold, Ohio-based bank owned by...
F&M's Annual Ohio and Indiana Golf Classics Raise $53,000 for Local Charities
ARCHBOLD, OHIO, Sept. 27, 2024 (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 7th A...
Farmers & Merchants Bancorp, Inc. Announces 30th Consecutive Annual Increase in Dividend
Regular quarterly dividend increased to $0.22125 per share, or $0.885 per share annualized Regular quarterly dividend increased to $0.22125 per share, or $0.885 per share annualized
Farmers & Merchants Bancorp: Historically Cheap For The Long-Term Investor
Farmers & Merchants Bancorp has been typically quiet since my last update in March, underperforming the broader regional bank space. Funding cost growth has picked up some steam here recently, leading...
Farmers & Merchants Bancorp, Inc. Reports 2024 Second-Quarter and Year-to-Date Financial Results
ARCHBOLD, Ohio, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO) today reported financial results for the 2024 second quarter and year-to-date ended June 30, 2024.
Farmers & Merchants Bancorp, Inc. Declares 2024 Second-Quarter Cash Dividend
ARCHBOLD, Ohio, June 25, 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 $3.29 billion at Mar...
F&M Bank Employees Team up with Habitat for Humanity to Build Playhouses for Deserving, Northwest Ohio Families
ARCHBOLD, Ohio, June 11, 2024 (GLOBE NEWSWIRE) -- F&M Bank (“F&M”), an Archbold, Ohio-based bank owned by Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO), proudly announces its collaboration with Hab...
Farmers & Merchants Bancorp Celebrates Retirement of Board Chairman Jack Johnson
ARCHBOLD, Ohio, May 21, 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 Board Chairman, Ja...
Andrew Briggs Appointed Chairman of Farmers & Merchants Bancorp, Inc. and F&M Bank
ARCHBOLD, Ohio, May 03, 2024 (GLOBE NEWSWIRE) -- F&M Bank (“F&M”), an Archbold, Ohio-based bank owned by Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO) announced the appointment of Andrew Briggs as ...
Farmers & Merchants Bancorp, Inc. Reports 2024 First-Quarter Financial Results
ARCHBOLD, Ohio, May 01, 2024 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO) today reported financial results for the 2024 first quarter ended March 31, 2024. 2024 First Quarter F...
Mark Hutchinson Joins F&M Bank as Treasurer
ARCHBOLD, Ohio, April 24, 2024 (GLOBE NEWSWIRE) -- F&M Bank (“F&M”), an Archbold, Ohio-based bank owned by Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO) announced that Mark Hutchinson has joined F&...
Farmers & Merchants Bancorp, Inc. Declares 2024 First-Quarter Cash Dividend
ARCHBOLD, Ohio, March 19, 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 $3.28 billion at De...
Farmers & Merchants Bancorp: A Dividend King At An Attractive Valuation
Farmers & Merchants Bancorp is a quality bank trading at a relatively cheap valuation. The bank operates mainly in the mid-Central Valley of California and the east region of the San Francisco Bay are...
F&M Bank Announces Promotion of Kevin Becker to Chief Credit Officer
ARCHBOLD, Ohio, March 05, 2024 (GLOBE NEWSWIRE) -- F&M Bank (“F&M”), an Archbold, Ohio based bank owned by Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO) today announced the promotion of Kevin Becke...
Farmers & Merchants Bancorp, Inc. Reports 2023 Fourth-Quarter and Full-Year Financial Results
ARCHBOLD, Ohio, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO) today reported financial results for the 2023 fourth quarter and twelve months ended December 31, 202...
F&M Bank Signs Atlanta Braves' Kade Kern to Brand Partnership
ARCHBOLD, Ohio, Jan. 29, 2024 (GLOBE NEWSWIRE) -- F&M Bank (“F&M”), an Archbold, Ohio-based bank owned by Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO), today announced a brand ambassador partnersh...
F&M Bank Announces Leadership Changes and Retirements of Rex Rice, EVP & Chief Lending Officer and Benét Rupp, EVP & Chief Administrative Officer
ARCHBOLD, Ohio, Jan. 24, 2024 (GLOBE NEWSWIRE) -- F&M Bank (“F&M”), an Archbold, Ohio based bank owned by Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO) today announced the retirements of Rex Rice, ...
Farmers & Merchants Bancorp, Inc. Raises the 2023 Fourth Quarter Cash Dividend by 4.8% Year-over-Year to $0.22 per share
ARCHBOLD, Ohio, Dec. 19, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Farmers & Merchants Bancorp, Inc., (Nasdaq: FMAO) the holding company of F&M Bank, with total assets of $3.235 billion at Se...
Farmers & Merchants Bancorp, Inc. and F&M Bank Announces the Appointment of Ian D. Boyce to its Board of Directors
ARCHBOLD, Ohio, Dec. 19, 2023 (GLOBE NEWSWIRE) -- F&M Bank (“F&M”), an Archbold, Ohio based bank owned by Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO) today announced the appointment of Ian D. Boy...
F&M Bank Opens Regional Headquarters in Fort Wayne, Indiana
F&M Bank Opens Regional Headquarters in Fort Wayne, Indiana New Full-Service Office and Regional Facility Features over 5,000 Square Feet of Space, a Dri
Farmers & Merchants Bancorp, Inc. Reports 2023 Third-Quarter and Year-to-Date Financial Results
ARCHBOLD, Ohio, Oct. 26, 2023 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO) today reported financial results for the 2023 third quarter and year-to-date September 30, 2023.