Farmers & Merchants Bancorp, Inc. (FMAO)

Market Cap	432.32M
Revenue (ttm)	98.00M
Net Income (ttm)	22.83M
Shares Out	13.55M
EPS (ttm)	1.69
PE Ratio	18.89
Forward PE	17.09
Dividend	$0.88 (2.80%)
Ex-Dividend Date	Oct 4, 2024

Volume	14,643
Open	31.59
Previous Close	32.03
Day's Range	31.24 - 31.91
52-Week Range	18.58 - 33.75
Beta	0.64
Analysts	Hold
Price Target	26.00 (-18.52%)
Earnings Date	Oct 30, 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
• Website: https://www.fm.bank

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%.

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 a decrease of -18.52% from the latest price.

Price Target

$26.0

(-18.52% downside)

Analyst Consensus: Hold