Farmers & Merchants Bancorp, Inc. (FMAO)
| Market Cap | 378.86M +19.1% |
| Revenue (ttm) | 123.94M +19.0% |
| Net Income | 35.50M +30.5% |
| EPS | 2.62 +30.0% |
| Shares Out | 13.60M |
| PE Ratio | 10.65 |
| Forward PE | 9.72 |
| Dividend | $0.92 (3.30%) |
| Ex-Dividend Date | Apr 2, 2026 |
| Volume | 131,407 |
| Open | 27.60 |
| Previous Close | 27.67 |
| Day's Range | 27.42 - 27.98 |
| 52-Week Range | 22.59 - 29.83 |
| Beta | 0.83 |
| Analysts | Hold |
| Price Target | 28.50 (+2.33%) |
| Earnings Date | Apr 22, 2026 |
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 farmland, farm ... [Read more]
Financial Performance
In 2025, FMAO's revenue was $119.38 million, an increase of 17.98% compared to the previous year's $101.19 million. Earnings were $32.90 million, an increase of 29.37%.
Financial StatementsAnalyst Summary
According to one analyst, the rating for FMAO stock is "Hold" and the 12-month stock price target is $28.5.
News
Farmers & Merchants Bancorp, Inc. Reports 2026 First-Quarter Financial Results
ARCHBOLD, Ohio, April 22, 2026 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO) today reported financial results for the 2026 first quarter ended March 31, 2026, on a consolidated ...
F&M Bank Announces Appointment of Shalini Singhal to Chief Information and Technology Officer
ARCHBOLD, Ohio, April 21, 2026 (GLOBE NEWSWIRE) -- F&M Bank (“F&M”), an Archbold, Ohio-based bank owned by Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO), announces the appointment of Shalini Singha...
Farmers & Merchants Bancorp Transcript: AGM 2026
Record financial results in 2025 included a 28% net income increase and improved efficiency. Shareholders approved all proposals, including director elections and executive compensation. The board outlined a new three-year strategic plan focused on growth, efficiency, and leadership.
Farmers & Merchants Bancorp, Inc. Declares 2026 First-Quarter Cash Dividend
Regular quarterly dividend increased 4.0% year-over-year, to $0.23 per share Regular quarterly dividend increased 4.0% year-over-year, to $0.23 per share
Farmers & Merchants Bancorp, Inc. Reports 2025 Fourth-Quarter and Full-Year Financial Results
ARCHBOLD, Ohio, Feb. 12, 2026 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO) today reported financial results for the 2025 fourth quarter and twelve months ended December 31, 202...
Mike Schnitkey Promoted to Market President for Northwest Ohio at F&M Bank
ARCHBOLD, Ohio, Dec. 17, 2025 (GLOBE NEWSWIRE) -- F&M Bank (“F&M”), an Archbold, Ohio-based bank owned by Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO), is pleased to announce the promotion of Mike...
Farmers & Merchants Bancorp, Inc. Declares 2025 Fourth-Quarter Cash Dividend
Regular quarterly dividend increased 4.0% year-over-year to $0.23 per share Regular quarterly dividend increased 4.0% year-over-year to $0.23 per share
F&M Bank Appoints Amy Cover as Chief Marketing & Experience Officer
ARCHBOLD, Ohio, Oct. 31, 2025 (GLOBE NEWSWIRE) -- F&M Bank (“F&M”), an Archbold, Ohio-based bank owned by Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO), is proud to announce the appointment of Amy ...
Farmers & Merchants Bancorp reports Q3 EPS 64c, consensus 59c
Net interest margin increased 69 basis points year-over-year to 3.40%. Reports tangible book value per share $19.71. Lars B. Eller, CEO, stated, “The continued progress we are making to leverage…
Farmers & Merchants Bancorp, Inc. Reports 2025 Third-Quarter and Year-to-Date Financial Results
ARCHBOLD, Ohio, Oct. 27, 2025 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO) today reported financial results for the 2025 third quarter and year-to-date ended September 30, 2025...
F&M Bank Welcomes Mike Benson as Senior Vice President, Senior Small Business Banking Manager
ARCHBOLD, Ohio, Oct. 20, 2025 (GLOBE NEWSWIRE) -- F&M Bank (“F&M”), an Archbold, Ohio-based bank owned by Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO), is pleased to announce the addition of Mike ...
Farmers & Merchants Bancorp, Inc. Announces 31st Consecutive Annual Increase in Dividend
Regular quarterly dividend increased 2.82% year-over-year, to $0.2275 per share Regular quarterly dividend increased 2.82% year-over-year, to $0.2275 per share
F&M's Annual Ohio and Indiana Golf Classics Raise $48,500 for Local Charities
ARCHBOLD, Ohio, Sept. 30, 2025 (GLOBE NEWSWIRE) -- F&M Bank (“F&M”), an Archbold, Ohio-based bank owned by Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO), recently celebrated the success of its 8th ...
Farmers & Merchants Bancorp Transcript: Small-Cap Virtual Conference
Strong asset and deposit growth has been driven by a balanced mix of organic expansion and acquisitions, with a focus on commercial and agricultural lending. Asset quality remains top-tier, and ongoing digital innovation and efficiency improvements support profitability. Key markets for future growth include southern Michigan, eastern Indiana, and western Ohio.
Curtis Metz Promoted to Market President for Northern Indiana at F&M Bank
ARCHBOLD, Ohio, Sept. 11, 2025 (GLOBE NEWSWIRE) -- F&M Bank (“F&M”), an Archbold, Ohio-based bank owned by Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO), is proud to announce the promotion of Curti...
$10,000 in Cash Up for Grabs in F&M Bank's “The Great Briefcase Hunt”
ARCHBOLD, Ohio, Aug. 18, 2025 (GLOBE NEWSWIRE) -- F&M Bank (“F&M”), an Archbold, Ohio-based bank owned by Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO), is inviting the community to put on their de...
Farmers & Merchants Bancorp, Inc. Announces Opening of Second Full-Service Office in the State of Michigan
ARCHBOLD, Ohio, Aug. 07, 2025 (GLOBE NEWSWIRE) -- F&M Bank (“F&M”), an Archbold, Ohio-based bank owned by Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO), today announced the opening of its second fu...
Farmers & Merchants Bancorp, Inc. Reports 2025 Second-Quarter and Year-to-Date Financial Results
ARCHBOLD, Ohio, July 28, 2025 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO) today reported financial results for the 2025 second quarter and year-to-date ended June 30, 2025.
F&M Bank Announces Board Leadership Transition: Andrew Briggs to Step Down as Chairman, Kevin J. Sauder Named Successor
ARCHBOLD, Ohio, July 18, 2025 (GLOBE NEWSWIRE) -- F&M Bank (“F&M”), an Archbold, Ohio-based bank owned by Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO), announced that Andrew Briggs, Chairman of th...
F&M Bank Announces Appointment of Ahmed Alomari to Board of Directors
ARCHBOLD, Ohio, June 25, 2025 (GLOBE NEWSWIRE) -- F&M Bank (“F&M”), an Archbold, Ohio-based bank owned by Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO), announces the appointment of Ahmed Alomari t...
Farmers & Merchants Bancorp, Inc. Declares 2025 Second-Quarter Cash Dividend
ARCHBOLD, Ohio, June 24, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of Farmers & Merchants Bancorp, Inc., (Nasdaq: FMAO) the holding company of F&M Bank, with total assets of $3.39 billion at Mar...
F&M Bank Promotes Eric D. Faust to Executive Vice President
ARCHBOLD, Ohio, May 21, 2025 (GLOBE NEWSWIRE) -- F&M Bank (“F&M”), an Archbold, Ohio-based bank owned by Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO), is proud to announce the promotion of Eric D....
F&M Bank Announces Resignation of Board Member Jo Ellen Hornish
ARCHBOLD, Ohio, May 20, 2025 (GLOBE NEWSWIRE) -- F&M Bank (“F&M”), an Archbold, Ohio-based bank owned by Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO), today announced that Jo Ellen Hornish has res...
Farmers & Merchants Bancorp, Inc. Reports 2025 First-Quarter Financial Results
ARCHBOLD, Ohio, April 28, 2025 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO) today reported financial results for the 2025 first quarter ended March 31, 2025.
Farmers & Merchants Bancorp, Inc. Declares 2025 First-Quarter Cash Dividend
ARCHBOLD, Ohio, March 25, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of Farmers & Merchants Bancorp, Inc., (Nasdaq: FMAO) the holding company of F&M Bank, with total assets of $3.36 billion at De...