Farmers & Merchants Bancorp, Inc. (FMAO)
| Market Cap | 293.78M |
| Revenue (ttm) | 95.69M |
| Net Income (ttm) | 22.79M |
| Shares Out | 13.66M |
| EPS (ttm) | 1.67 |
| PE Ratio | 13.03 |
| Forward PE | 14.41 |
| Dividend | $0.88 (4.04%) |
| Ex-Dividend Date | Mar 27, 2024 |
| Volume | 10,841 |
| Open | 20.69 |
| Previous Close | 20.47 |
| Day's Range | 20.63 - 21.89 |
| 52-Week Range | 16.90 - 27.78 |
| Beta | 0.61 |
| Analysts | Hold |
| Price Target | 24.00 (+10.29%) |
| Earnings Date | May 7, 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... [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 $22.79 million, a decrease of -29.92%.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for FMAO stock is "Hold." The 12-month stock price forecast is $24.0, which is an increase of 10.29% from the latest price.
News
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...
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.
F&M Bank Realigns Organizational Structure to Support Future Growth
Barbara Britenriker, EVP/Chief Financial Officer for F&M Bank and Farmers & Merchants Bancorp, Inc. Katrina DeGroff, SVP/Chief Accounting Officer Andrew Baker, SVP/Chief Retail Banking Officer and Reg...
Farmers & Merchants Bancorp, Inc. Announces First Full-Service Office in the State of Michigan
ARCHBOLD, Ohio, Oct. 12, 2023 (GLOBE NEWSWIRE) -- F&M Bank (“F&M”), an Archbold, Ohio-based community bank owned by Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO) today announced the opening of its ...
F&M's Annual Ohio and Indiana Golf Classics Raise $53,000 for Local Charities
F&M Bank recently held its Annual Charity Golf Classics. Combined, the events raised $53,000 for local charities with record participation and donations.
Farmers & Merchants Bancorp, Inc. Declares 2023 Third-Quarter Cash Dividend
ARCHBOLD, Ohio, Sept. 26, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Farmers & Merchants Bancorp, Inc., (Nasdaq: FMAO) the holding company of F&M Bank, with assets of $3.15 billion at June 30,...
Doug Shaw Named F&M Bank's Regional President for the Southern Ohio Market
ARCHBOLD, Ohio, Sept. 21, 2023 (GLOBE NEWSWIRE) -- F&M Bank (“F&M”), an Archbold, Ohio-based bank owned by Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO) announced the appointment of Doug Shaw, Jr. ...
Farmers & Merchants Bancorp, Inc. Reports 2023 Second-Quarter and Year-to-Date Financial Results
ARCHBOLD, Ohio, July 26, 2023 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO) the holding company of F&M Bank, today reported financial results for the 2023 second quarter and yea...
Farmers & Merchants Bancorp, Inc. Announces Opening of New Office in Downtown Toledo, Ohio
ARCHBOLD, Ohio, July 06, 2023 (GLOBE NEWSWIRE) -- F&M Bank (“F&M”), an Archbold, Ohio based bank owned by Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO) today announced its newest full-service offic...
Farmers & Merchants Bancorp, Inc. Declares 2023 Second-Quarter Cash Dividend
ARCHBOLD, Ohio, June 27, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Farmers & Merchants Bancorp, Inc., (Nasdaq: FMAO) the holding company of F&M Bank, with assets of $3.07 billion at March 31,...
Farmers & Merchants Bancorp, Inc. Announces Opening of New Office in Oxford, Ohio
ARCHBOLD, Ohio, June 14, 2023 (GLOBE NEWSWIRE) -- F&M Bank (“F&M), an Archbold, Ohio based bank owned by Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO) today announced its newest full-service office...
F&M Bank Completes Relocation of Auburn, Indiana Office
ARCHBOLD, Ohio, May 16, 2023 (GLOBE NEWSWIRE) -- Lars Eller, President and CEO of F&M Bank in Archbold, Ohio, announced the completion of the relocation of the Company's Auburn, Indiana office. The ne...
F&M Bank Unveils New Branding Including New Forward-Looking Logo and Shortened Brand Name
ARCHBOLD, Ohio, May 15, 2023 (GLOBE NEWSWIRE) -- F&M Bank, a $3 billion community bank based in Archbold, Ohio, is proud to unveil a new, forward-looking logo. The new logo will be rolled out across t...
Farmers & Merchants Bancorp, Inc. Reports 2023 First Quarter Financial Results
ARCHBOLD, Ohio, April 19, 2023 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO) today reported financial results for the 2023 first quarter ended March 31, 2023.
F&M Bank Announces Investment in Fort Wayne, Indiana to Expand Regional Headquarters
ARCHBOLD, Ohio, April 17, 2023 (GLOBE NEWSWIRE) -- F&M Bank is proud to announce strategic downtown growth in the Fort Wayne, Indiana market. Construction is underway on a regional headquarters locate...
Farmers & Merchants Bancorp, Inc. Declares 2023 First-Quarter Cash Dividend
ARCHBOLD, Ohio, March 21, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Farmers & Merchants Bancorp, Inc., (Nasdaq: FMAO) the holding company of The Farmers & Merchants State Bank, with assets of...
Farmers & Merchants Bancorp, Inc. Reports Record 2022 Full-Year Financial Results
ARCHBOLD, Ohio, Feb. 08, 2023 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO) today reported financial results for the 2022 fourth quarter and twelve months ended December 31, 202...