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Farmers & Merchants Bancorp, Inc. (FMAO)

Stock Price: $20.99 USD 0.90 (4.48%)
Updated Oct 20, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 233.60M
Revenue (ttm) 63.48M
Net Income (ttm) 17.91M
Shares Out 11.13M
EPS (ttm) 1.61
PE Ratio 13.04
Forward PE 13.16
Dividend $0.68
Dividend Yield 3.24%

Stock Quote

Trading Day Oct 20, 2020
Last Price $20.99
Previous Close $20.09
Change ($) 0.90
Change (%) 4.48%
Day's Open 20.35
Day's Range 20.20 - 20.99
Day's Volume 6,072
52-Week Range 17.40 - 31.80

More Stats

Market Cap 233.60M
Enterprise Value 193.56M
Earnings Date (est) Feb 10, 2021
Ex-Dividend Date Sep 28, 2020
Shares Outstanding 11.13M
Float 9.94M
EPS (basic) 1.61
EPS (diluted) 1.61
FCF / Share 1.48
Dividend $0.68
Dividend Yield 3.24%
Earnings Yield 7.67%
FCF Yield 7.06%
Payout Ratio 39.10%
Shares Short 230,579
Short Ratio 23.67
Short % of Float 2.32%
Beta 0.21
PE Ratio 13.04
Forward PE 13.16
P/FCF Ratio 14.17
PS Ratio 3.68
PB Ratio 0.94
Revenue 63.48M
Operating Income 22.01M
Net Income 17.91M
Free Cash Flow 16.48M
Net Cash 40.04M
Net Cash / Share 3.60
Gross Margin 101.18%
Operating Margin 34.68%
Profit Margin 28.20%
FCF Margin 25.97%
ROA 1.08%
ROE 7.71%
ROIC 1.40%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (3)

Buy 0
Overweight 0
Hold 3
Underweight 0
Sell 0

Analyst Consensus: Hold

Price Target

$22.00*
(4.81% upside)
Low
21.5
Current: $20.99
High
22.5
Target: 22.00
*Average 12-month price target from 2 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue64.2350.4046.6343.7540.2338.7336.8037.8833.6331.90
Revenue Growth27.45%8.07%6.59%8.76%3.86%5.23%-2.84%12.64%5.43%-
Gross Profit64.2350.4046.6343.7540.2338.7336.8037.8833.6331.90
Operating Income22.6318.1817.9016.3214.1613.5212.6013.6911.419.36
Net Income18.4014.9512.7211.6610.349.659.019.798.516.98
Shares Outstanding11.149.299.279.249.259.269.359.399.389.44
Earnings Per Share1.661.611.381.271.121.040.971.040.910.74
EPS Growth3.11%16.67%8.66%13.39%7.69%7.77%-7.21%14.29%22.97%-
Dividend Per Share0.610.560.500.460.440.420.410.390.380.55
Dividend Growth8.93%12%9.89%4.6%3.57%3.7%3.85%2.63%-30.28%-
Operating Cash Flow23.9310.7417.6512.4314.8119.1616.9914.2115.2011.44
Capital Expenditures-3.51-2.63-1.89-2.41-1.72-2.91-0.93-0.631.02-1.58
Free Cash Flow20.428.1115.7610.0213.0916.2616.0713.5916.239.86
Cash & Equivalents55.6142.3838.4930.2422.0224.3019.2644.0943.1443.38
Total Debt72.8832.1844.5080.3288.8255.9674.2662.9169.1081.12
Net Cash / Debt-17.2710.20-6.01-50.09-66.80-31.67-54.99-18.82-25.96-37.74
Assets1,6071,1161,1071,056989941966947923906
Liabilities1,377973973930869827857836818812
Book Value23014313412612011410911010594.40
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Farmers & Merchants Bancorp, Inc.
Country United States
Employees 371
CEO Lars B. Eller

Stock Information

Ticker Symbol FMAO
Stock Exchange NASDAQ
Sector Financial Services
Industry Banks—Regional
Unique Identifier NASDAQ: FMAO

Description

Farmers & Merchants Bancorp operates as the bank holding company for The Farmers & Merchants State Bank that provides commercial banking, retail banking, and other financial products and services to individuals and small businesses in northwest Ohio and northeast Indiana. The company offers checking account services, as well as savings and time deposit services, such as certificates of deposits; and custodial services for individual retirement and health savings accounts. It also provides commercial, agricultural, and residential mortgage, as well as consumer and credit card lending products; loans for farm land, farm equipment, and livestock; operating loans for seeds, fertilizers, and feeds; home improvement loans; and loans for autos, trucks, recreational vehicles, and motorcycles. In addition, the company offers commercial real estate loans, such as operation lines of credit and machinery purchase loans. Further, it provides automated teller machine services; and online banking, remote deposit capture or electronic deposit processing, merchant credit card, and mobile banking services; and electronic transaction origination, such as wire and automated clearing house file transmittal services. As of February 05, 2020, the company operated through 30 offices. Farmers & Merchants Bancorp, Inc. was founded in 1897 and is headquartered in Archbold, Ohio.