Farmers & Merchants Bancorp, Inc. FMAO
At closeNov 10, 2026, 4:00 PM EST
After hours · Nov 10, 4:00 PM ET
- YTD
- +50.04%
- 1 year
- +52.63%
- Market cap
- 510.39M
- Revenue (ttm)
- 98.00M
- Profit margin
- 23.57%
- EPS (ttm)
- 3.11
- Shares out
- 13.70M
- P/E ratio
- 11.93
- Forward P/E
- 15.63
- Dividend
- 0.89 (2.96%)
- Ex-dividend date
- Dec 26, 2024
- YTD return
- +50.04%
- 1-year return
- +52.63%
- Volume
- 33.52K
- Avg volume
- 53.15K
- Open
- 36.66
- Previous close
- 36.90
- Day's range
- 36.33 – 37.09
- 52-week range
- 22.91 – 38.33
- Beta
- 0.64
- Analysts
- Hold
- Price target
- 31.25 (-15.7%)
- Earnings date
- Feb 11, 2025
Key statistics
- Enterprise value
- 482.29M
- PEG ratio
- 0.00
- Price / sales
- 4.08
- Price / book
- 1.18
- Dividend yield
- 2.96%
- Payout ratio
- 52.14%
- Revenue growth
- 11.30%
- Free cash flow
- 0
- Total cash
- 248.23M
- Total debt
- 325.16M
- Return on equity
- 7.23%
- Short % of float
- 0.92%
- 50-day average
- 30.59
- 200-day average
- 25.29
Analyst view
Consensus: hold
- Target (low)
- 29.00
- Target (mean)
- 31.25
- Target (high)
- 33.00
- Strong buy0
- Buy0
- Hold4
- Sell0
- Strong sell0
Next earnings
Feb 11, 2025
Expected Feb 11, 2025. Consensus EPS estimate 0.4825.
Financials — quick view
Earnings
| Report date | Quarter ending | EPS estimate | EPS reported | Surprise | Surprise % |
|---|---|---|---|---|---|
| Feb 11, 2025 | Dec 1, 2024 | 0.48 | — | — | — |
| Oct 30, 2024 | Sep 1, 2024 | 0.40 | 0.48 | +0.08 | +20.00% |
| Aug 1, 2024 | Jun 1, 2024 | 0.37 | 0.42 | +0.05 | +13.51% |
| May 1, 2024 | Mar 1, 2024 | 0.36 | 0.39 | +0.03 | +8.33% |
| Feb 13, 2024 | Dec 1, 2023 | 0.32 | 0.41 | +0.09 | +28.13% |
| Oct 26, 2023 | Sep 1, 2023 | 0.40 | 0.35 | -0.05 | -12.50% |
Upgrades / downgrades
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Aug 5, 2024 | Piper Sandler | main | Neutral | Neutral |
| Apr 5, 2024 | Hovde Group | init | — | Market Perform |
| Aug 1, 2023 | Stephens & Co. | reit | Equal-Weight | Equal-Weight |
| Jul 28, 2023 | Piper Sandler | down | Neutral | Underweight |
| Feb 9, 2023 | Stephens & Co. | main | — | Equal-Weight |
| Dec 21, 2022 | Janney Montgomery Scott | init | — | Neutral |
About Farmers & Merchants Bancorp, Inc.
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 livestock; operating loans for seeds, fertilizers, and feeds; home improvement loans; and loans for autos, trucks, recreational vehicles, and motorcycles. In addition, the company offers commercial real estate loans, such as lines of credit and machinery purchase loans. Further, it provides automated teller machine or interactive teller machine services; and online and mobile banking, bill-pay, on-line statement opportunities, and remote deposit capture or electronic deposit processing. Additionally, the company offers electronic transaction origination, such as wire and automated clearing house file transmittal services. Farmers & Merchants Bancorp, Inc. was founded in 1897 and is headquartered in Archbold, Ohio.
- Sector
- Financial Services
- Industry
- Banks - Regional
- Country
- United States
- Website
- fm.bank
News
F&M Bank Welcomes Paul Elkins as Chief Information & Technology Officer 
Rep. Robert Latta Has Bought Up to $15K Worth Of Farmers & Merchants Stock: Here’s What You Should Know 
Piper Sandler Maintains Neutral on Farmers & Merchants, Raises Price Target to $39 
Farmers & Merchants Bancorp, Inc. Reports 2026 Third-Quarter and Year-to-Date Financial Results 
Dividend Champion, Contender, And Challenger Highlights: Week Of October 18 
Farmers & Merchants Bancorp: Rising NIM Supports Re-Rating 
3 High-Yield Dividends Paying Soon. But Your Deadline to Buy Is Days Away 
Farmers & Merchants Bancorp Inc. $FMAO Shares Newly Purchased by Bank of America Corp DE 
Dividend Champion, Contender, And Challenger Highlights: Week October 4 
Farmers & Merchants Bancorp: Shares Still Attractive Despite Recent Gains
Your note
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Insider holders
| Insider | Relation | Latest transaction | Date | Shares held |
|---|---|---|---|---|
| BURKHOLDER EUGENE N | Director | Stock Award(Grant) | Jun 5, 2024 | 50,618 |
| ELLER LARS B | Chief Executive Officer | Stock Award(Grant) | Jun 5, 2024 | 59,786 |
| FREY KEVIN G | Director | Stock Award(Grant) | Dec 4, 2024 | 84,042 |
| GERKEN DAVID | Officer | Sale | Sep 9, 2024 | 4,745 |
| HORNISH JO ELLEN | Director | Stock Award(Grant) | Jun 5, 2024 | 40,716 |
| JOHNSON JACK CORNELIUS | Director | Stock Award(Grant) | Jun 5, 2024 | 10,562 |
Institution ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Blackrock Inc. | 9.99% | 927,508 | 27.10M | Sep 29, 2024 |
| Vanguard Group Inc | 6.93% | 643,560 | 18.80M | Sep 29, 2024 |
| Manufacturers Life Insurance Co. | 3.30% | 306,674 | 8.96M | Sep 29, 2024 |
| Geode Capital Management, LLC | 3.12% | 289,674 | 8.46M | Sep 29, 2024 |
| State Street Corporation | 2.60% | 241,043 | 7.04M | Sep 29, 2024 |
| Mendel Money Management | 1.61% | 149,288 | 4.36M | Sep 29, 2024 |
Fund ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 4.01% | 372,286 | 10.88M | Sep 29, 2024 |
| iShares Russell 2000 ETF | 3.82% | 354,879 | 10.37M | Oct 30, 2024 |
| Vanguard Extended Market Index Fund | 1.91% | 177,634 | 5.19M | Sep 29, 2024 |
| John Hancock Regional Bank Fund (Investors Tr) | 1.70% | 157,530 | 4.60M | Oct 30, 2024 |
| Fidelity Small Cap Index Fund | 1.40% | 130,148 | 3.80M | Aug 30, 2024 |
| iShares Russell 2000 Value ETF | 1.34% | 124,056 | 3.62M | Oct 30, 2024 |