Farmers & Merchants Bancorp, Inc. (FMAO)

NASDAQ: FMAO · IEX Real-Time Price · USD
25.88
+0.81 (3.23%)
Mar 28, 2023, 4:00 PM EDT - Market closed
3.23%
Market Cap 352.19M
Revenue (ttm) 97.72M
Net Income (ttm) 32.52M
Shares Out 13.61M
EPS (ttm) 2.46
PE Ratio 10.52
Forward PE 12.52
Dividend $0.81 (3.14%)
Ex-Dividend Date Dec 29, 2022
Volume 26,172
Open 25.27
Previous Close 25.07
Day's Range 24.90 - 26.00
52-Week Range 21.65 - 42.14
Beta 0.40
Analysts Sell
Price Target 29.58 (+14.3%)
Earnings Date Apr 19, 2023

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 and credit card lending products; loans for farmland, farm equip... [Read more]

Sector Financials
Founded 1897
Employees 392
Stock Exchange NASDAQ
Ticker Symbol FMAO
Full Company Profile

Financial Performance

In 2022, FMAO's revenue was $97.72 million, an increase of 16.81% compared to the previous year's $83.66 million. Earnings were $32.52 million, an increase of 38.39%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for FMAO stock is "Sell." The 12-month stock price forecast is $29.58, which is an increase of 14.30% from the latest price.

Price Target
$29.58
(14.30% upside)
Analyst Consensus: Sell
Stock Forecasts

News

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...

1 week ago - GlobeNewsWire

New Strong Sell Stocks for February 24th

HBNC, FMAO and HI have been added to the Zacks Rank #5 (Strong Sell) List on February 24, 2023.

Other symbols: HBNCHI
1 month ago - Zacks Investment Research

Farmers & Merchants Bancorp Inc. (FMAO) Q4 Earnings and Revenues Miss Estimates

Farmers & Merchants Bancorp Inc. (FMAO) delivered earnings and revenue surprises of -5.80% and 3.96%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead fo...

1 month ago - Zacks Investment Research

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...

1 month ago - GlobeNewsWire

Farmers & Merchants Bancorp, Inc. Declares 2022 Fourth-Quarter Cash Dividend

ARCHBOLD, Ohio, Dec. 20, 2022 (GLOBE NEWSWIRE) -- The Board of Directors of Farmers & Merchants Bancorp, Inc., (Nasdaq: FMAO) the holding company of The Farmers & Merchants State Bank, with total asse...

3 months ago - GlobeNewsWire

Andy Baker Named Regional President for F&M Bank Northern Indiana Market

ARCHBOLD, Ohio, Nov. 21, 2022 (GLOBE NEWSWIRE) -- Farmers & Merchants State Bank announced the appointment of Andy Baker as the Regional President for its Northern Indiana market. Lars Eller, Presiden...

4 months ago - GlobeNewsWire

Farmers & Merchants Bancorp Inc. (FMAO) Meets Q3 Earnings Estimates

Farmers & Merchants Bancorp Inc. (FMAO) delivered earnings and revenue surprises of 0% and 0.70%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for t...

5 months ago - Zacks Investment Research

Farmers & Merchants Bancorp, Inc. Reports 2022 Third-Quarter and Year-to-Date Financial Results

ARCHBOLD, Ohio, Oct. 19, 2022 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO) today reported financial results for the 2022 third quarter and year-to-date September 30, 2022.

5 months ago - GlobeNewsWire

Why Farmers & Merchants Bancorp Inc. (FMAO) is a Great Dividend Stock Right Now

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Farmers & Merchants Bancorp Inc. (FMAO) have what it takes?

5 months ago - Zacks Investment Research

Farmers & Merchants Bancorp Inc. (FMAO) to Report Q3 Results: Wall Street Expects Earnings Growth

Farmers & Merchants Bancorp Inc. (FMAO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

5 months ago - Zacks Investment Research

Farmers & Merchants Bancorp, Inc. Announces Completion of the Peoples-Sidney Financial Corporation Acquisition

ARCHBOLD, Ohio, Oct. 03, 2022 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp, Inc. (“F&M”, “FMAO”, or the “Company”) (Nasdaq: FMAO), the holding company for Farmers & Merchants State Bank, announced ...

6 months ago - GlobeNewsWire

Why Farmers & Merchants Bancorp Inc. (FMAO) is a Top Dividend Stock for Your Portfolio

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Farmers & Merchants Bancorp Inc. (FMAO) have what it takes?

6 months ago - Zacks Investment Research

Best Income Stocks to Buy for September 29th

CBRL, BRT and FMAO made it to the Zacks Rank #1 (Strong Buy) income stocks list on September 29, 2022.

Other symbols: BRTCBRL
6 months ago - Zacks Investment Research

4 Reasons to Invest in Farmers & Merchants Bancorp (FMAO) Stock

Farmers & Merchants Bancorp (FMAO) stock looks like a good investment option, given its strong fundamentals and decent growth prospects.

6 months ago - Zacks Investment Research

Eric Faust Named Senior Vice President and Chief Risk Officer of Farmers & Merchants State Bank

F&M's Chief Administrative Officer Benét Rupp Promoted to Executive Vice President F&M's Chief Administrative Officer Benét Rupp Promoted to Executive Vice President

6 months ago - GlobeNewsWire

3 Bank Stocks With Recently Announced Dividend Hikes to Watch

Farmers & Merchants Bancorp (FMAO), CVB Financial (CVBF) and Equity Bancshares (EQBK) are poised to boost investor confidence as they announce quarterly dividend hikes.

Other symbols: CVBFEQBK
6 months ago - Zacks Investment Research

Farmers & Merchants Bancorp, Inc. Raises the 2022 Third Quarter Cash Dividend Payment by 16.7% Year-over-Year to $0.21 per share

ARCHBOLD, Ohio, Sept. 16, 2022 (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...

6 months ago - GlobeNewsWire

Farmers & Merchants Bancorp Inc. (FMAO) is a Top Dividend Stock Right Now: Should You Buy?

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Farmers & Merchants Bancorp Inc. (FMAO) have what it takes?

6 months ago - Zacks Investment Research

This is Why Farmers & Merchants Bancorp Inc. (FMAO) is a Great Dividend Stock

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Farmers & Merchants Bancorp Inc. (FMAO) have what it takes?

7 months ago - Zacks Investment Research

Farmers & Merchants Bancorp Inc. (FMAO) Could Be a Great Choice

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Farmers & Merchants Bancorp Inc. (FMAO) have what it takes?

8 months ago - Zacks Investment Research

Farmers & Merchants Bancorp Inc. (FMAO) Q2 Earnings and Revenues Surpass Estimates

Farmers & Merchants Bancorp Inc. (FMAO) delivered earnings and revenue surprises of 1.61% and 0.94%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the...

8 months ago - Zacks Investment Research

Farmers & Merchants Bancorp, Inc. Reports Record 2022 Second-Quarter and Year-to-Date Financial Results

ARCHBOLD, Ohio, July 21, 2022 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO) today reported financial results for the 2022 second quarter and year-to-date June 30, 2022.

8 months ago - GlobeNewsWire

Farmers & Merchants Bancorp, Inc. to Ring the Nasdaq Stock Market Closing Bell on July 18, 2022, to Celebrate its 125th Anniversary

ARCHBOLD, Ohio, July 15, 2022 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp, Inc., (Nasdaq: FMAO) announced today that its President and Chief Executive Officer, Lars Eller, as well as members of th...

9 months ago - GlobeNewsWire

Farmers & Merchants Bancorp, Inc. Declares 2022 Second-Quarter Cash Dividend

$0.0125 Special Dividend Declared to Honor F&M's 125th Anniversary $0.0125 Special Dividend Declared to Honor F&M's 125th Anniversary

9 months ago - GlobeNewsWire

Farmers & Merchants Bancorp Inc. (FMAO) Soars 7.3%: Is Further Upside Left in the Stock?

Farmers & Merchants Bancorp Inc. (FMAO) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest furt...

10 months ago - Zacks Investment Research