Farmers & Merchants Bancorp, Inc. (FMAO)

NASDAQ: FMAO · IEX Real-Time Price · USD
21.74
-0.55 (-2.47%)
At close: Jun 14, 2024, 4:00 PM
22.43
+0.69 (3.17%)
After-hours: Jun 14, 2024, 7:52 PM EDT
-2.47%
Market Cap 297.45M
Revenue (ttm) 95.33M
Net Income (ttm) 21.68M
Shares Out 13.68M
EPS (ttm) 1.59
PE Ratio 13.67
Forward PE 13.75
Dividend $0.88 (4.05%)
Ex-Dividend Date Mar 27, 2024
Volume 20,944
Open 21.89
Previous Close 22.29
Day's Range 21.50 - 22.14
52-Week Range 16.90 - 27.78
Beta 0.63
Analysts Hold
Price Target 24.00 (+10.4%)
Earnings Date Jul 24, 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]

Sector Financials
Founded 1897
Employees 465
Stock Exchange NASDAQ
Ticker Symbol FMAO
Full Company Profile

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 Statements

Analyst Forecast

According to 3 analysts, the average rating for FMAO stock is "Hold." The 12-month stock price forecast is $24.0, which is an increase of 10.40% from the latest price.

Price Target
$24.0
(10.40% upside)
Analyst Consensus: Hold
Stock Forecasts

News

F&M Bank Employees Team up with Habitat for Humanity to Build Playhouses for Deserving, Northwest Ohio Families

ARCHBOLD, Ohio, June 11, 2024 (GLOBE NEWSWIRE) -- F&M Bank (“F&M”), an Archbold, Ohio-based bank owned by Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO), proudly announces its collaboration with Hab...

3 days ago - GlobeNewsWire

Farmers & Merchants Bancorp Celebrates Retirement of Board Chairman Jack Johnson

ARCHBOLD, Ohio, May 21, 2024 (GLOBE NEWSWIRE) -- F&M Bank (“F&M”), an Archbold, Ohio-based bank owned by Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO) announces the retirement of Board Chairman, Ja...

24 days ago - GlobeNewsWire

Andrew Briggs Appointed Chairman of Farmers & Merchants Bancorp, Inc. and F&M Bank

ARCHBOLD, Ohio, May 03, 2024 (GLOBE NEWSWIRE) -- F&M Bank (“F&M”), an Archbold, Ohio-based bank owned by Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO) announced the appointment of Andrew Briggs as ...

6 weeks ago - GlobeNewsWire

Farmers & Merchants Bancorp, Inc. Reports 2024 First-Quarter Financial Results

ARCHBOLD, Ohio, May 01, 2024 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO) today reported financial results for the 2024 first quarter ended March 31, 2024. 2024 First Quarter F...

6 weeks ago - GlobeNewsWire

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&...

7 weeks ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire

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...

4 months ago - GlobeNewsWire

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...

4 months ago - GlobeNewsWire

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, ...

5 months ago - GlobeNewsWire

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...

6 months ago - GlobeNewsWire

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...

6 months ago - GlobeNewsWire

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

8 months ago - GlobeNewsWire

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.

8 months ago - GlobeNewsWire

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...

8 months ago - GlobeNewsWire

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 ...

8 months ago - GlobeNewsWire

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.

9 months ago - GlobeNewsWire

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,...

9 months ago - GlobeNewsWire

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. ...

9 months ago - GlobeNewsWire

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...

11 months ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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,...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire