Farmers & Merchants Bancorp, Inc. FMAO
Nov 6, 2026, 1:09 PM EST
- YTD
- +46.54%
- 1 year
- +49.38%
- Market cap
- 498.49M
- Revenue (ttm)
- 98.00M
- Profit margin
- 23.57%
- EPS (ttm)
- 3.11
- Shares out
- 13.70M
- P/E ratio
- 11.65
- Forward P/E
- 15.63
- Dividend
- 0.89 (2.64%)
- Ex-dividend date
- Dec 26, 2024
- YTD return
- +46.54%
- 1-year return
- +49.38%
- Volume
- 7.01K
- Avg volume
- 57.91K
- Open
- 36.30
- Previous close
- 36.37
- Day's range
- 36.02 – 36.53
- 52-week range
- 22.91 – 38.33
- Beta
- 0.64
- Analysts
- Hold
- Price target
- 31.25 (-13.7%)
- Earnings date
- Feb 11, 2025
5D -0.63 (-1.70%)
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
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 Raises Its Quarterly Cash Dividend From $0.23 To $0.24; Board Declares Additional $0.01 Per Share Special Dividend, Bringing Total Third-quarter Payment To $0.25 Per Share 
Piper Sandler Maintains Neutral on Farmers & Merchants, Raises Price Target to $36 - Farmers & Merchants Q2 EPS $0.86 Beats $0.67 Estimate, Sales $34.350M Beat $30.500M Estimate
Recent Filing Shows That Rep. Robert Latta Bought Over $1K Worth of Farmers & Merchants Stock 
Fermi, Delta Air Lines And Other Big Stocks Moving Lower In Friday’s Pre-Market Session 
Piper Sandler Maintains Neutral on Farmers & Merchants, Raises Price Target to $32 - Piper Sandler Maintains Neutral on Farmers & Merchants, Raises Price Target to $28.5
- Ohio Rep. Robert Latta Bought Up to $15K Worth of Farmers & Merchants Stock
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 |