Farmers & Merchants Bancorp, Inc. (FMAO)

Market Cap	319.74M
Revenue (ttm)	104.14M
Net Income (ttm)	27.00M
Shares Out	13.56M
EPS (ttm)	2.01
PE Ratio	11.72
Forward PE	11.05
Dividend	$0.89 (3.75%)
Ex-Dividend Date	Apr 4, 2025

Volume	12,388
Open	23.27
Previous Close	23.76
Day's Range	23.27 - 25.39
52-Week Range	19.95 - 34.15
Beta	0.89
Analysts	Hold
Price Target	26.00 (+10.08%)
Earnings Date	Apr 28, 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...

• Industry: Banks - Regional
• Sector: Financials
• Founded: 1897
• Employees: 473
• Stock Exchange: NASDAQ
• Ticker Symbol: FMAO
• Website: https://www.fm.bank

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%.

Analyst Forecast

According to one analyst, the rating for FMAO stock is "Hold" and the 12-month stock price forecast is $26.0.

Price Target

$26.0

(10.08% upside)

Analyst Consensus: Hold